TRADERS HOLDINGS CO.,LTD. [8704.T]
TOKYO, May 22 (Pulse News Wire) – Traders Holdings CO.,LTD. (8704.T) announced today that its board of directors has resolved to propose amendments to the company's articles of incorporation at the upcoming 27th regular shareholders' meeting scheduled for June 24, 2026.
The proposed changes aim to clarify the duration of resolutions appointing alternate audit committee members, ensuring their effectiveness until the final annual general meeting within two years of appointment, in accordance with Article 96, Paragraph 3 of the Companies Act Enforcement Order. Specifically, a new fourth clause will be added to Article 23 of the existing articles of incorporation concerning the term of office for directors.
The shareholder meeting to approve the amendments is set for June 24, 2026, with the effective date also anticipated to be June 24, 2026. This update pertains solely to the clarification of the resolution period for appointing alternate audit committee members, maintaining the integrity of the company’s governance structure.
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