TOKYO, Jun 19 (Pulse News Wire) – Geniee,inc. (6562.T) announced plans to propose revised nominations for three auditor positions at its upcoming 16th Ordinary General Meeting scheduled for June 19, 2026.
The revisions come after it was discovered that two of the initial nominees did not meet the statutory requirements for outside auditors. As a result, the company will nominate Masachika Sawano instead of Yoshihiro Sasaki. Additionally, due to the proposed revision, the board decided to withdraw the fourth proposal related to appointing a replacement auditor. The withdrawal is necessary because the revised nomination would render the need for a replacement auditor obsolete.
Regarding the revised motion, shareholders who previously voted in favor of Sasaki's appointment will now have their votes counted against the revised proposal, while those who opposed his appointment will have their votes considered as abstentions. Shareholders are urged to attend the meeting to participate in the decision-making process. Masachika Sawano, born in April 1996, brings extensive legal experience to the role. He served at various companies such as Nakanishi-Iwazaki-Sawano Law Office, where he currently holds the position of representative attorney.
His background aligns with the criteria for an outside auditor under the Companies Act, ensuring independence and expertise in governance oversight.
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