Komori
Governance6644Osaki Electric Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding Partial Amendments to the Articles of Incorporation

The Company will add and reorganize its business purposes to clarify its involvement in plant and equipment construction, software development, power generation and electricity supply, among other areas. It will also shorten the term of office for directors from a maximum of 2 years to a maximum of 1 year, and revise provisions governing the convener and chairperson of shareholders meetings, representative directors and directors with titles.

Worth reading
70In focus
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1
Term of office for directors (years)
Wording
Definitive
How definitive the wording is.

Contents of this filing

Changes this time

Addition and reorganization of business purposes; shortening of the term of office for directors from a maximum of 2 years to a maximum of 1 year; and amendments to provisions of the Articles of Incorporation concerning the convener and chairperson of shareholders meetings, representative directors and directors with titles, and methods for adopting resolutions of the Board of 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 timeAddition and reorganization of business purposes; shortening of the term of office for directors from a maximum of 2 years to a maximum of 1 year; and amendments to provisions of the Articles of Incorporation concerning the convener and chairperson of shareholders meetings, representative directors and directors with titles, and methods for adopting resolutions of the Board of 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.

Expansion of business areas; clarification of the plant and equipment construction business; response to new business development, including software development and power generation; faster response to changes in the business environment; stronger governance; and greater management flexibility and transparency.

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 | Osaki Electric Co.,Ltd. (6644) timely disclosure | Komori