Yasuda Logistics Corporation [9324.T]
TOKYO, May 08 (Pulse News Wire) – Yasuda Logistics Corporation (9324.T) announced today that its board of directors held on May 08 decided to propose amendments to the company's articles of incorporation at the upcoming annual shareholders meeting scheduled for June 25, 2026. The proposed changes include the removal of Article 18, which pertains to measures against large-scale share acquisitions, due to the expiration of the existing policy.
Additionally, the company plans to revise Article 23 to allow non-executive directors to serve as chairpersons of board meetings, enhancing operational flexibility and decision-making transparency. The amendments aim to remove provisions related to anti-takeover strategies and streamline governance procedures.
The revised articles will take effect immediately upon approval at the shareholders' meeting on June 25, 2026.
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