FUKUDA DENSHI CO.,LTD. [6960.T]

TOKYO, Jun 16 (Pulse News Wire) – Fukuda Denshi CO.,LTD. (6960.T) announced today that Chairman Kazutaro Fukuda resigned effective June 16, 2026.

His resignation follows the recognition of inappropriate expense utilization, which was detailed in previous announcements dated May 14 and June 3, 2026. The company accepted his resignation.

This development impacts several agenda items scheduled for the upcoming 79th Ordinary General Meeting of Shareholders, notably the nomination of 11 directors. "We deeply apologize for any concern and inconvenience caused to our stakeholders," said Daijirou Shirai, President of Fukuda Denshi CO.,LTD.

"We remain committed to implementing robust measures to prevent such incidents from recurring." The company's leadership changes come amid ongoing efforts to address governance issues and ensure transparency moving forward.

Original Disclosure (PDF)

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