HS Holdings to Reduce Board Size, Appoint New Directors for June 26 Meeting

TOKYO, May 21 (Pulse News Wire) – HS Holdings CO.,LTD. (8699.T) announced today that its board of directors has decided to reduce the number of directors from six to five for the upcoming 69th Annual General Meeting scheduled for June 26, 2026.

The meeting will also consider the appointment of new supervisory board members. The proposed directors include current director Koya Matsumura, Hiroyuko Murai, Junichi Fujimoto (an outside director candidate), Kiso Ishii (an outside director candidate), and Atsu Tokusho (an outside director candidate).

Additionally, the company plans to appoint Masanori Takagi as the sole supervisory board member candidate. The appointments are set to take effect on June 26, 2026.

The changes aim to streamline the company's governance structure while ensuring continued oversight and management expertise.