Daiwa Office Investment Announces Changes to Bylaws and Board Appointments for Aug 25 Meeting

TOKYO, Jul 17 (Pulse News Wire) – Daiwa Office Investment Corporation (8976.T) resolved at a board meeting on July 17 to propose changes to its bylaws and appointments of executives and supervisory directors at its upcoming annual general meeting scheduled for August 25. Key proposals include amending regulations related to asset management policies and climate change initiatives due to recent legal updates.

Additionally, the company plans to appoint a new executive director, effective upon approval at the AGM, with a two-year term ending within 30 days of the next election call. The proposed candidate is Akito Hiroki Arai, who brings extensive experience in global research and equity sales roles at Daiwa Securities Group. Furthermore, the firm intends to pre-select a reserve executive director to ensure continuity should vacancies arise among regular directors.

The selected individual, Jun Abe, currently holds positions at Daiwa Real Estate Asset Management Co., Ltd., and owns two investment units in the corporation. Supervisory director candidates Hiroyasu Kamikawa and Koichiro Ito will also stand for re-election, subject to similar terms and conditions as outlined for the executive positions. Both candidates hold significant industry experience and leadership roles in their respective fields.