TOKYO, May 19 (Pulse News Wire) – Nichirei Corporation (2871.T) resolved today to propose amendments to its articles of incorporation at its upcoming annual shareholders meeting scheduled for June 24, 2026. The changes aim to align the fiscal year-end with December 31 to enhance global operational efficiency and improve transparency in financial reporting.
Under the proposed revisions, the company's fiscal year will shift from April 1 to March 31 to January 1 to December 31. As a result, the tenth fiscal year ending December 31, 2026, will cover nine months from April 1, 2026, to December 31, 2026. Additionally, several key provisions related to shareholder meetings, dividend distribution, and interim dividends will be updated accordingly.
The revised articles will take effect immediately upon approval during the shareholders’ meeting on June 24, 2026. Key modifications include changing the regular shareholders' meeting schedule from June to March annually, adjusting the record date for dividends from March 31 to December 31, and altering the interim dividend payment date from September 30 to June 30. A transitional clause will ensure smooth implementation for the ninth fiscal year ending December 31, 2026.
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