KITABO CO.,LTD [3409.T]

TOKYO, May 19 (Pulse News Wire) – Kitabo Co.,ltd (3409.T) announced today that its board of directors, held, resolved to propose amendments to the company's articles of incorporation at the upcoming extraordinary shareholders' meeting scheduled for June 29, 2026. The proposed changes aim to broaden the company’s operational scope to accommodate future growth initiatives.

Under the proposed revisions, Article 2 of the articles of incorporation, which outlines the company’s purpose, would be expanded to include several new areas of focus: - Planning, development, design, construction, operation, maintenance, and management of computer systems, data centers, artificial intelligence (AI), and generative AI-related facilities. - Utilizing digital technologies such as AI and machine learning to create, develop, produce, sell, provide, operate, maintain, and consult on various systems, services, and tools. - Education, training, and seminar planning and operations related to AI and blockchain technology. - Research, development, technical provision, and consulting services related to battery storage systems and power generation equipment.

- Sales, design, installation, setup, maintenance, and management of battery storage devices, energy storage systems, and power generation units. - Investment activities and trading of securities and other financial assets. The amended articles of incorporation will take effect on July 01, 2026. Kitabo Co.,ltd’s president and CEO, Shunsho Wakaya, stated that these modifications reflect the company’s strategic vision to integrate advanced technological solutions into its existing portfolio, positioning itself for long-term success in emerging markets.

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