TOKYO, Apr 08 (Pulse News Wire) – Genda Inc. (9166.T) announced today that its board of directors has decided to propose amendments to its articles of incorporation at its upcoming eighth regular shareholders' meeting scheduled for April 30, 2026.
The proposed changes aim to clarify the company's business activities and enhance its corporate governance structure by transitioning from a company with a board of auditors to one with an audit committee. This shift seeks to improve transparency, strengthen supervisory functions, and expedite decision-making processes.
Additionally, the amendment includes adding new business purposes to Article 2 of the existing articles of incorporation and removing overlapping provisions related to self-held shares. The effectiveness of the amended articles will take place upon the conclusion of the shareholders' meeting on April 30, 2026.
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