TOKYO, May 25 (Pulse News Wire) – Wood ONE CO.,LTD. (7898.T) announced today that its board of directors meeting held on May 25, 2026 resolved to propose amendments to the company's articles of incorporation at its upcoming 74th ordinary shareholders' meeting scheduled for June 26, 2026.
The proposed changes aim to strengthen the management structure by reducing the number of directors from up to 12 to up to 11 members. Under the amendment proposal, Article 23 of the existing articles of incorporation, which specifies the number of directors, would be revised as follows: Current Article: The number of directors shall be up to 12.
Proposed Amendment: The number of directors shall be up to 11. The shareholders' meeting to approve the changes is set for June 26, 2026, with the effective date also being June 26, 2026.
This decision reflects the company’s ongoing efforts to enhance governance and operational efficiency.
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