TOKYO, May 20 (Pulse News Wire) – Wacom CO.,LTD. (6727.T) announced today that its board of directors has decided to oppose a shareholder proposal seeking the resignation of two directors, which was presented ahead of the company’s 43rd annual general meeting scheduled for June 25, 2026.
On May 13, 2026, the company had initially disclosed its opposition to the proposal. In a further resolution made during the board meeting held, additional points were included in the statement against the proposal. Specifically, the board cited the recommendation of the nomination committee and concluded that the proposal lacked merit.
They emphasized that the company would review its relationship with Connected Ink Village, including facility permits and donations, to ensure greater transparency and fairness moving forward. Additionally, the company stated that it would cease future funding and support for events involving family members of its executives. In conclusion, the board believes that President Masahiro Ishii and Director Shun Kohshima are essential to the company's sustainable growth and shared interests of shareholders.
Therefore, the board remains opposed to the proposed director resignations.
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