Komori
Governance5805SWCC CorporationIron & Steel, Nonferrous Metals

Notice Regarding Partial Amendments to the Articles of Incorporation

Subject to approval at the General Meeting of Shareholders, the maximum number of directors who are not Audit and Supervisory Committee Members under the Articles of Incorporation will be reduced from 10 to 6. The effective date is 25 June 2026.

Worth reading
70In focus
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
4
people (reduction in the maximum number under the Articles of Incorporation)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Changes this time

A proposal to amend the Articles of Incorporation to reduce the maximum number of directors who are not Audit and Supervisory Committee Members from 10 to 6 will be submitted to the General Meeting of Shareholders. The effective date is 25 June 2026.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Changes this timeA proposal to amend the Articles of Incorporation to reduce the maximum number of directors who are not Audit and Supervisory Committee Members from 10 to 6 will be submitted to the General Meeting of Shareholders. The effective date is 25 June 2026.
Items this document does not state (6)
Number 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 align the number of directors with the current situation, respond nimbly to changes in the business environment, and make prompt and accurate decisions.

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 | SWCC Corporation (5805) timely disclosure | Komori