TOKYO, Jun 26 (Pulse News Wire) – Hokuryo CO.,LTD. (1384.T) disclosed that it had amended its articles of incorporation following a resolution made at the extraordinary shareholders' meeting held on June 25, 2026.
The amendment was initially decided during a board meeting on May 15, 2026, but due to oversight, the company delayed announcing the decision until now. The primary reason for the amendment is to enhance flexibility in managing the board's operations and company governance by allowing the appointment of a CEO and COO. Specifically, the revised Article 21 enables the board to appoint up to two representatives instead of just one president, along with additional roles such as vice presidents, deputy presidents, executive directors, and senior directors.
Other articles from 22 to 48 remain unchanged. The effective date of the amendments is set for June 25, 2026, coinciding with the day the shareholders approved the changes. The formal shareholder meeting to finalize the amendments took place on June 25, 2026.
This delay in disclosure highlights ongoing efforts to improve internal processes and ensure timely communication with stakeholders moving forward.
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