TOKYO, Mar 23 (Pulse News Wire) – Ishii Hyoki CO.,LTD. (6336.T) received notice on March 19 from a shareholder withdrawing a proposal previously submitted on March 13.
The withdrawn proposal was related to amending the articles of incorporation to clarify dividend distribution policies ahead of the company's 53rd annual shareholders' meeting scheduled for April 24. On March 13, the company had disclosed its board’s opinion regarding the shareholder proposal.
Following receipt of the withdrawal notice, Ishii Hyoki agreed to the removal of the proposal from the agenda. The withdrawn item pertained to a request for changes to the company’s articles of incorporation aimed at clarifying its dividend payout policy.
Ishii Hyoki confirmed the agreement to the withdrawal on March 23.
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