Komori
Governance4923COTA CO.,LTD.Materials and Chemicals

Notice Regarding Partial Amendments to the Articles of Incorporation

Subject to approval at the shareholders meeting, the Company will add “education services for human resources development” to the business purposes in its Articles of Incorporation and shorten the term of office for directors from 2 years to 1 year. In addition, the provision aligning the terms of office of directors elected to increase the number of directors or as substitute directors with those of other incumbent directors will be deleted.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1
Years (reduction in directors’ term of office)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

Add “education services for human resources development” to the business purposes and change the term of office for directors from 2 years to 1 year. Delete the provision adjusting the terms of office of directors elected to increase the number of directors or as substitute directors.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeAdd “education services for human resources development” to the business purposes and change the term of office for directors from 2 years to 1 year. Delete the provision adjusting the terms of office of directors elected to increase the number of directors or as substitute directors.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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.

To clarify the Company’s business activities in line with its current operations, clarify the management responsibilities of directors, respond promptly to changes in the business environment, and increase opportunities to receive the confidence of shareholders.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Partial Amendments to the Articles of Incorporation | COTA CO.,LTD. (4923) timely disclosure | Komori