This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damage arising from the translation.
Convocation Notice
Securities Code: 8572
(Date of dispatch) June 2, 2025
(Commencement date of measures for electronic provision of information) May 23, 2025
To Shareholders with Voting RightsMasataka Kinoshita President & CEO ACOM CO., LTD.
9-1, Higashi Shinbashi 1-chome, Minato-ku, Tokyo, Japan
CONVOCATION NOTICE FOR THE 48TH ORDINARY GENERAL MEETING OF SHAREHOLDERSWe are pleased to inform you that the 48th Ordinary General Meeting of Shareholders of the Company will be held as described below.
In convening this General Meeting of Shareholders, the Company provides information contained in the reference documents, etc. for the general meeting of shareholders electronically (matters to be provided electronically), which is posted on the Company's website on the Internet. Please access the Company's website below to confirm the available information.
Company's website (https://www.acom.co.jp/corp/english/ir/stock/shareholders_meeting/)
In addition to the Company's website, the matters to be provided electronically have been posted on the website of the Tokyo Stock Exchange (TSE) and can be viewed by accessing the TSE website (TSE Listed Company Search) below, entering and searching the issue name (ACOM) or securities code (8572), selecting "Basic information" and "Documents for public inspection/PR information," and then check the field of "Notice of General Shareholders Meeting /Informational Materials for a General Shareholders Meeting" under "Filed information available for public inspection."
TSE website (TSE Listed Company Search): https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show
If you are unable to attend the General Meeting, you may exercise your voting rights via the Internet or in writing, so we kindly ask you to exercise your voting rights by 5:00 p.m. on Thursday, June 19, 2025, Japan time after a careful review of the Reference Documents for the General Meeting of Shareholders.
- Date and Time: Friday, June 20, 2025, at 10:00 a.m. (Reception scheduled to open at 9:30 a.m.)
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Place: 15th floor, Tokyo Shiodome Building, located at 9-1, Higashi Shinbashi 1-chome, Minato-ku, Tokyo, Japan
Live Streaming of General Meeting of Shareholders
We will live stream this General Meeting of Shareholders via the Internet and will accept questions on this General Meeting of Shareholders in advance of the meeting. For more details, please refer to the Guidance on Live Streaming of General Meeting of Shareholders.
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Agenda of the Meeting:
Matters to be reported: 1. The Business Report, Consolidated Financial Statements, and results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Committee for the 48th fiscal year (from April 1, 2024, to March 31, 2025)
2. Non-consolidated Financial Statements for the 48th fiscal year (from April 1, 2024, to March 31, 2025)
Matters to be resolved: Proposal No. 1: Dividends from Surplus Proposal No. 2: Election of Seven Directors (Excluding Those Serving as Audit and Supervisory Committee Members) Proposal No. 3: Election of Three Directors Serving as Audit and Supervisory Committee Members Proposal No. 4: Election of One Substitute Director Serving as an Audit and Supervisory Committee Member Reference Documents for General Meeting of Shareholders Proposal No. 1: Dividends from SurplusWe position returns of profit to shareholders as one of our management issues, and our basic policy is to "increase shareholder returns based on high profitability and appropriate capital adequacy."
The Company proposes to pay a year-end dividend for the 48th fiscal year as follows.
Matters concerning the year-end dividend
Type of dividend property Cash
Matters concerning the distribution of dividend property and the total amount to be distributed 7 yen per share (common stock) Total amount: 10,966,297,846 yen
Effective date of dividends from surplus June 23, 2025
All seven Directors (excluding those serving as Audit and Supervisory Committee Members; the same shall apply hereinafter in this proposal) will complete their terms of office at the conclusion of this Ordinary General Meeting of Shareholders.
Accordingly, the Company proposes that seven Directors be elected.
We have received an opinion from the Audit and Supervisory Committee to the effect that there were no matters of concern with respect to this proposal.
Candidates for Directors are as follows.
List of candidates for Directors:
No. | Name | Current position and assignment at the Company and significant concurrent positions | Remarks |
1 | Shigeyoshi Kinoshita (Male) | Chairman | Reappointment |
2 | Hiroshi Naruse (Male) | Deputy Chairman In charge of Internal Audit Department | Reappointment |
3 | Masataka Kinoshita (Male) | President and Chief Executive Officer | Reappointment |
4 | Takashi Kiribuchi (Male) | Deputy President and Deputy Chief Executive Officer Head of System Development & Administration Division In charge of Corporate Planning Department, System Development Department, System Operation Department, System Planning Office, and System Management Office | Reappointment |
5 | Tadashi Yamamoto (Male) | Director (Significant concurrent positions) Managing Corporate Executive, Group Head and CDTO, Retail & Digital Business Group of Mitsubishi UFJ Financial Group, Inc. Member of the Board of Directors, Managing Executive Officer, Unit Head, and CDTO (CEO), Retail & Digital Business Group (in charge of Digital Service Planning Division) of MUFG Bank, Ltd. | Reappointment |
6 | Michelle Tan (Female) | Director (Significant concurrent positions) Director of IntaSect Global Solutions Director of Ethical Business Research Institute Director of IntaSect Global Solutions Australia Pty Ltd | Reappointment Outside Director Independent Director |
7 | Masashi Yoshiba (Male) | Senior Executive Managing Officer In charge of Human Resources Department and Business Process Management Department | New appointment |
No. | Name (date of birth) and other remarks | Career summary, position, assignment and significant concurrent positions |
1 | Reappointment Shigeyoshi Kinoshita (April 14, 1949) Cumulative years of service as Director of the Company: 42 years Record of attendance at the Board of Directors meetings in the fiscal year ended March 31, 2025: Attendance at 12 out of 12 meetings (100%) Number of shares of the Company held: 3,507,260 shares | April 1973 Joined Marubeni Corporation April 1978 Joined Japan Consumer Finance Co., Ltd. December 1980 Joined the Company February 1983 Director and Chief General Manager, General Affairs Department of the Company May 1984 Director and Chief General Manager, Accounting Department of the Company August 1986 Managing Director of the Company June 1988 Managing Director and Head of Business Promotion Division of the Company October 1991 Representative and Senior Managing Director of the Company October 1992 Representative and Senior Managing Director and Head of the Loan Sales Division of the Company October 1996 Representative Director and Deputy President of the Company June 2000 Representative Director and President of the Company June 2003 President and Chief Executive Officer of the Company June 2010 Chairman, President and Chief Executive Officer of the Company June 2021 Chairman of the Company (to present) |
(Reason for nomination as a candidate for Director) As Director, Mr. Shigeyoshi Kinoshita has an excellent track record of serving as the driving force of the Company and the Group for a number of years, backed by his wealth of experience and sophisticated insight into general management as Representative Director of the Company. It is believed he will contribute further to the growth and development of the Company and the Group. Therefore, the Company proposes his election as a Director. | ||