Resolutions for the General Meeting of Shareholders
23rd AnnualElection of 3 directors serving as Audit & Supervisory Committee members
None (no shareholder proposals are mentioned in this document)
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | 23rd Annual |
| Date and time | 30 June 2026 (start time: Not disclosed) |
| Matters for resolution | Proposal No. 2: Election of 3 directors serving as Audit & Supervisory Committee members |
| Shareholder Proposal | None (no shareholder proposals are mentioned in this document) |
| Director nominee | 3, of which new candidates: Not disclosed; outside director candidates: Not disclosed |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Glass Lewis has recommended voting against the proposal on the grounds that the chair of the Audit and Supervisory Committee should be an outside director who meets its independence criteria. Taking into account the characteristics of the company’s business as a general trading company, the broad scope and complexity of matters subject to audit, and the actual structure and operation of the Audit and Supervisory Committee, the company has determined that having Manabe Yoshiki (真鍋佳樹) serve as a full-time Audit and Supervisory Committee member and chair is appropriate for achieving both independence and effectiveness in auditing.