Points to note when holding a general meeting of shareholders related to the coronavirus infection (published by the Ministry of Justice)

In the event that the Ministry of Justice could not hold the Ordinary General Meeting of Shareholders on February 28, 2020, related to this new type of coronavirus infectious disease at the originally scheduled time, please note that the “Ordinary General Meeting of Shareholders About ”was published. The main contents are as follows. (1) If it is not possible to hold a general meeting of shareholders at the time specified in the Articles of Incorporation in connection with the new type of coronavirus infection, hold the general meeting of shareholders within a reasonable period after the situation is resolved. Is enough. (2) If the articles of incorporation specify a record date for exercising voting rights at the general meeting of shareholders, there may be situations in which the general shareholders meeting cannot be held within three months from the record date in relation to a coronavirus infection. In such a case, a new record date for exercising voting rights shall be established, and the record date shall be announced two weeks prior to the record date. (3) Even if the articles of incorporation stipulate that a specific date is the record date for dividends of surplus, it is not possible to pay dividends from the specific date as the record date in relation to the new type of coronavirus infection. When a situation arises, it is possible to set a date different from the specific date as a reference date for the distribution of the surplus, and make a public notice to pay the dividend.

http://www.moj.go.jp/MINJI/minji07_00021.html