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Governance7898WOOD ONE CO.,LTD.Information and Communications, Services and Others

Notice Regarding Partial Amendments to the Articles of Incorporation

The Company has decided to submit to the shareholders meeting a proposal to amend the Articles of Incorporation to reduce the upper limit on the number of directors from 12 to 11. The amendments are scheduled to take effect on 26 June 2026.

Worth reading
—
Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1
Directors (upper limit on number of directors)
Wording
Conditional
How definitive the wording is.

Governance structure

Number of directorsUpper limit on total number: 11 (outside directors: Not disclosed)
Changes this time

The number of directors stipulated in Article 23 of the current Articles of Incorporation will be changed from no more than 12 to no more than 11. The proposal is scheduled to be submitted to the annual shareholders meeting to be held on 26 June 2026, with the amendments scheduled to take effect on the same date.

Governance structure
ItemDetails
Number of directorsUpper limit on total number: 11 (outside directors: Not disclosed)
Changes this timeThe number of directors stipulated in Article 23 of the current Articles of Incorporation will be changed from no more than 12 to no more than 11. The proposal is scheduled to be submitted to the annual shareholders meeting to be held on 26 June 2026, with the amendments scheduled to take effect on the same date.
Items this document does not state (6)
Corporate Governance StructureNumber 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 enhance and strengthen the management structure.

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 | WOOD ONE CO.,LTD. (7898) timely disclosure | Komori