Notice of Partial Amendment to Articles of Incorporation ｜ June 25, 2026

Overview of the Amendments to the Articles of Incorporation

Yasuda Warehouse will propose a partial amendment to its Articles of Incorporation at the shareholders' meeting scheduled for June 25, 2026. The amendments include the abolition of measures related to large-scale buyback activities and changes to the regulations regarding the appointment of the Chairman of the Board. The abolition of measures indicates the company’s decision to discontinue responses to acquisitions, while the change in the Chairman aims to enhance flexibility in the board's operation. The amendments will become effective on the same day.

Impact on Shareholders and Future Outlook

With the abolition of measures related to large-scale buyback activities, shareholders and investors need to understand the new frameworks regarding monitoring and responding to buyback activities. The management structure of the board will also be reviewed, enabling more flexible operations. The amendments will be formally implemented after shareholder approval, potentially further strengthening the company's corporate governance.