TOKYO, Jun 22 (Pulse News Wire) – Loive CO.,LTD. (352A.T) announced plans to amend its articles of incorporation to allow for virtual-only shareholder meetings.
The proposal was approved by the board of directors on May 21 and will be put to vote at the upcoming 18th Annual General Meeting scheduled for June 24, 2026. The amendment aims to expand the options available for holding shareholder meetings, aligning with advancements in digital technology and enhancing shareholder convenience. Under the revised Article 13, the company would be permitted to conduct meetings without specifying a physical location.
This change follows the implementation of the Industrial Competitiveness Enhancement Act amendments in 2021, which allows listed companies to hold such meetings if certain conditions are met. The company has received confirmation from the Minister of Economy, Trade and Industry and the Minister of Justice that it meets the necessary requirements for conducting virtual-only shareholder meetings. The proposed changes will take effect immediately upon approval at the annual meeting on June 24, 2026.
In a separate statement, the company apologized for the delay in disclosing the resolution due to insufficient verification prior to the decision.
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