Skip to content

Keihin: Notice of the resolutions approved at the 76th Ordinary General Meeting of Shareholders

We hereby inform you of the reports submitted and resolutions approved at the 76th Ordinary General Meeting of Shareholders of Keihin Corporation (the “Company”) held today. Items reported: Business Report, Consolidated Financial Statements and Non-Consolidated Financial Statements for the 76th Term (from April 1, 2016 to March 31, 2017), as well as the results of … Continued

We hereby inform you of the reports submitted and resolutions approved at the 76th Ordinary General Meeting of Shareholders of Keihin Corporation (the “Company”) held today.

Items reported:

Business Report, Consolidated Financial Statements and Non-Consolidated Financial Statements for the 76th Term (from April 1, 2016 to March 31, 2017), as well as the results of audit of the Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Board.

The contents of the above Business Report, Consolidated Financial Statements, and Non-Consolidated Financial Statements were reported along with the corresponding audit results.

Items resolved:

Proposal 1: Appropriation of surplus

As originally proposed, year-end dividends of 20 yen per common share of the

Company (including a 1 yen commemorative dividend for the 60th anniversary), for 1,479,178,940 yen in total dividends allocated to shareholders, and an effective date of distribution of June 26, 2017 were approved.

In other appropriation of surplus, a 400,000,000 yen increase in dividend reserves, a 1,810,000,000 yen increase in general reserves and a 2,210,000,000 yen decrease in retained earnings brought forward were approved.

Proposal 2: Election of eleven (11) Directors

Proposal 2 was approved as proposed. Ten persons, namely Chitoshi Yokota,

Hiroshi Seikai, Genichiro Konno, Hirohisa Amano, Yusuke Takayama, Masayasu

Shigemoto, Tomoya Abe, Mikihito Kawakatsu, Taro Mizuno, and Shigeo

Wakabayashi were reelected, Hiroshi Nakatsubo was newly elected and all eleven Directors assumed their offices.

Proposal 3: Election of two (2) Audit & Supervisory Board Member

Proposal 3 was approved as proposed. Takayoshi Uchida and Toshihiro Kuroki were newly elected and assumed their offices.

Proposal 4: Election of one (1) substitute Audit & Supervisory Board Member

Proposal 4 was approved as proposed.Yuichiro Mori was elected.

Representative Directors and Directors with Specific Titles were appointed and assumed their offices under a resolution passed at the Board of Directors’ Meeting held after the conclusion of the General Meeting of Shareholders.

As a result, the Directors of the Company are now as follows.

President & CEO and Representative Director: Chitoshi Yokota

Senior Managing Officer and Representative Director: Hiroshi Seikai

Managing Officer and Representative Director: Genichiro Konno

Managing Officer and Director: Hirohisa Amano

Managing Officer and Director: Yusuke Takayama

Managing Officer and Director: Masayasu Shigemoto

Managing Officer and Director: Tomoya Abe

Senior Operating Officer and Director: Mikihito Kawakatsu

Senior Operating Officer and Director: Hiroshi Nakatsubo

Director (Independent): Taro Mizuno

Director (Independent): Shigeo Wakabayashi

 

Note: Taro Mizuno and Shigeo Wakabayashi are Independent Directors as defined in Article 2, Item 15 of the Companies Act.

In addition, Full-Time Audit & Supervisory Board Members were appointed and assumed their offices under a resolution passed at the Audit & Supervisory Board Meeting held after the conclusion of the General Meeting of Shareholders.

As a result, Audit & Supervisory Board Members are now as follows.

Full-Time Audit & Supervisory Board Member (Independent): Takayoshi Uchida

Full-Time Audit & Supervisory Board Member: Toshihiro Kuroki

Audit & Supervisory Board Member (Independent): Yasuhiko Narita

Note: Takayoshi Uchida and Yasuhiko Narita are Independent Audit & Supervisory Board Members as defined in Article 2, Item 16 of the Companies Act.

The Company has introduced an operating officer system as a means of swiftly responding to future global business expansion and changes in the operating environment.

After the conclusion of the General Meeting of Shareholders, Operating Officers (excluding Operating Officers who also serve as Directors) are as follows.

Managing Officer Kenichi Nishizawa
Senior Operating Officer Toru Mitsubori
Senior Operating Officer Yasutoshi Ito
Operating Officer Seiichi Shindo
Operating Officer Masaaki Takahashi
Operating Officer Kazumi Araki
Operating Officer Kazuyuki Meguro
Operating Officer Raymond Watson
Operating Officer Yasunori Shimada
https://www.automotiveworld.com/news-releases/keihin-notice-resolutions-approved-76th-ordinary-general-meeting-shareholders/

Welcome back , to continue browsing the site, please click here