TOKYO, May 28 (Pulse News Wire) – Ferrotec Corporation (6890.T) announced today that its board of directors has proposed an item titled “Amendment to Articles of Incorporation” for the upcoming extraordinary shareholders’ meeting scheduled for June 26, 2026. The amendment includes changes to the fiscal year-end and additional provisions for transitional measures.
Specifically, the company plans to shift the annual general meeting from June to March and adjust the end of the fiscal year from March 31 to December 31. Additionally, the interim dividend distribution will now occur based on the shareholder registry as of June 30, 2026, rather than September 30.
In detail, the amendments aim to align the company’s operations more closely with global accounting standards and streamline internal processes. The revised articles also introduce a special clause for the 47th fiscal year, which will run from April 1, 2026, to December 31, 2026, followed by regular provisions thereafter.
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