YOKOHAMA, Japan – Nissan Motor Co., Ltd. held its 120th Unusual Common Assembly of Shareholders at this time on the Nationwide Conference Corridor of Yokohama. The assembly was attended by 2,814 shareholders and ran for 3 hours and 22 minutes.
On the assembly, shareholders accredited all of the resolutions:
- Appropriation of retained earnings for the 120th fiscal 12 months
- Modification of the Articles of Incorporation of the Firm
- Election of 11 administrators following the expiration of the time period of all present administrators
The modification of the Articles of Incorporation of the Firm is aimed to ascertain a extremely strong company governance construction with separation of supervisory and audit capabilities and govt capabilities in an express type. As well as, it’s aimed to enhance transparency of decision-making by means of transition to an organization with three statutory committees for immediate and agile execution of operations.
The brand new board of administrators contains 11 people, seven of whom are unbiased exterior administrators.
Associated supplies: Discover of Convocation of 120th Unusual Common Assembly of Shareholders