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06/28/2022News Releases

72nd Annual General Shareholders Meeting

At 10:00 AM on Tuesday, June 28, 2022, the 72nd Annual General Shareholders Meeting was held in Neyagawa city at EXEDY Headquarters’ EXEDY Hall.
The proceedings were as follows:

Matters Reported

1. The 72nd (from April 1, 2021 to March 31, 2022) Annual Business Report, Consolidated Financial Statements, and Financial Reports

The contents of the abovementioned items were reported at the meeting.

2. Report on the 72nd Annual Auditing Results for Consolidated Financial Statements by Accounting Auditors and the Board of Auditors

The contents of the abovementioned auditing results were reported at the meeting.

Matters Resolved

First item on the agenda: Appropriating the surplus

This item was approved as proposed, with the amount of dividends for the end of the term being fixed to ¥50 per stock.

Second item on the agenda: Partial amendment to the Articles of Incorporation

The proposal was approved as proposed, and the necessary changes were made to accommodate the introduction of the electronic provision system for shareholder meeting materials.

Third item on the agenda: The appointment of eleven individuals to serve on the board of directors

This item was approved as proposed, with the following 11 individuals, Hidehito Hisakawa, Tetsuya Yoshinaga, Hiroshi Toyohara, Yuzuru Hirose, Junji Yamakawa, Mitugu Yamaguchi, Ichizo Yoshikawa, Toshiki Takano and Takashi Hayashi being reelected to assume their respective posts, and Moritaka Yoshida, Fukuko Inoue who was newly elected.
Please note that Moritaka Yoshida, Ichizo Yoshikawa, Toshiki Takano, Takashi Hayashi and Fukuko Inoue are external directors, as established by corporate law.

Fourth item on the agenda: The appointment of one individual to serve on the board of auditors

This item was approved as proposed, with Shintarou Itoh being reelected to assume his post. Please note that Shintarou Itoh is an external auditor, as established by corporate law.

Meeting Closed

10:36 AM