Takashimaya Company, Limited
Notice Regarding Partial Amendments to the Articles of Incorporation
Takashimaya Company, Limited plans to propose partial amendments to the articles of incorporation related to the transition to a company with an Audit and Supervisory Committee at the 160th Annual General Meeting of Shareholders scheduled for May 26, 2026.
Key Figures
- Effective Date of Articles Amendment: 2026-05-26 (scheduled)
- Maximum Number of Directors: Up to 19 (up to 5 directors serving as Audit and Supervisory Committee members)
- Terms of Directors: Directors serving as Audit and Supervisory Committee members: up to 2 years; others: up to 1 year
AI要約
Overview of the Articles Amendment
Takashimaya Company, Limited will propose partial amendments to the articles of incorporation related to the transition to a company with an Audit and Supervisory Committee at the 160th Annual General Meeting of Shareholders scheduled for May 26, 2026. The main changes include establishing new provisions regarding Audit and Supervisory Committee members and the Audit and Supervisory Committee, removing provisions related to statutory auditors and the Board of Statutory Auditors, and adding provisions on delegation of important executive decisions. Consequently, changes will be made to the number and terms of directors, as well as the composition of the Board of Directors.
Future Schedule and Structure
The amendments to the articles are scheduled to take effect on May 26, 2026, from which date the company will operate as a company with an Audit and Supervisory Committee. Information regarding director candidates and the governance structure after the establishment of the Audit and Supervisory Committee is provided in the press release dated the same day. This is expected to strengthen audit functions and enhance the governance framework.
