KOSAIDO Holdings Co.,Ltd. [7868.T]
TOKYO, May 26 (Pulse News Wire) – Kosaido Holdings CO.,LTD. (7868.T) announced that its board of directors held on May 26 decided to propose amendments to the company's articles of incorporation at the upcoming 62nd ordinary shareholders' meeting scheduled for June 29, 2026.
The proposed changes aim to allow more flexible dividend distribution decisions by the board of directors. According to the plan, the revised Article 37 would permit the board to decide on matters related to surplus fund allocation without excluding shareholder resolutions mandated by law.
Additionally, a new Article 38 would establish March 31 annually as the final dividend payment benchmark date and September 30 as the interim dividend payment benchmark date. These modifications reflect the company’s assessment that greater flexibility in managing surplus funds could benefit stakeholders.
The effective implementation date for these changes is set for June 29, 2026, contingent upon approval during the shareholders’ meeting.
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