TOKYO, May 22 (Pulse News Wire) – GECOSS Corporation (9991.T) announced today that its board of directors has decided to propose changes to the company's articles of incorporation at the upcoming 59th Annual General Meeting scheduled for June 25, 2026. The proposed amendments aim to enhance the supervisory functions of the board of directors, strengthen discussions on long-term strategies, and expedite decision-making processes.
Key changes include establishing provisions for an audit committee and audit committee members while removing existing regulations related to the audit committee and auditors. Additionally, the company plans to introduce new provisions for delegating important business decisions to executives.
These modifications require shareholder approval at the annual meeting set for June 25, 2026. The revised articles will take effect immediately upon approval at the shareholders' meeting.
The company’s representative director, Yoshiyuki Nohoya, emphasized the importance of these structural reforms in improving governance and operational efficiency.
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