TOKYO, May 21 (Pulse News Wire) – E-logit CO.,LTD. (9327.T) rejected part of a shareholder proposal submitted by Hip Capital Partners Co., Ltd.
For its upcoming 27th Annual General Meeting scheduled for June 26. The board decided against the appointment of two non-overlapping candidates proposed by the shareholder. The proposal includes the nomination of six directors and one audit committee member. However, the board believes that adding these roles would disrupt ongoing structural reforms and lead to an excessive number of directors. e-LogiT’s current plan, outlined in the “e-LogiT Triple3 Plan,” focuses on strengthening fulfillment operations while carefully investing in new ventures.
The board emphasized the importance of maintaining a streamlined governance structure focused on executive responsibilities. Proposed by Hip Capital Partners, the nominees include Hiroyasu Hirata, who founded several companies and holds extensive experience in logistics and mergers and acquisitions. Other nominees are Shinpei Hanashima, a specialist in AI and data center operations, and Atsushi Sato, a former senior executive from a listed company with expertise in finance and M&A. In addition, the board confirmed plans to appoint Shuntarou Serizawa as the sole candidate for the position of audit committee member. Serizawa brings significant experience as a certified public accountant and auditor, ensuring objective oversight of the board’s activities.
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