TOKYO, May 12 (Pulse News Wire) – SMK Corporation (6798.T) resolved today during its board meeting to propose changes to its articles of incorporation at its upcoming annual shareholders' meeting scheduled for June 23, 2026. The proposed amendment would reduce director tenures from two years to one year to enhance accountability and improve responsiveness to changing business environments.
Under the revised Article 20, directors’ terms will end upon the conclusion of the ordinary general meeting of shareholders within one year of their appointment, rather than the previous two-year term. Other provisions remain unchanged.
The amended articles are expected to take effect on June 23, 2026, contingent upon shareholder approval at the annual meeting. This move aims to increase opportunities for shareholder trust and ensure a more agile governance structure.
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