Daily BriefsESG

Daily Brief ESG: Pre-AGM Filling of Annual Securities Reports Is Plus and more

In today’s briefing:

  • Pre-AGM Filling of Annual Securities Reports Is Plus, but May Take Long Before More Companies Do So


Pre-AGM Filling of Annual Securities Reports Is Plus, but May Take Long Before More Companies Do So

By Aki Matsumoto

  • 42 companies submitted their annual securities reports by the business day before AGM date, and most of them submitted their reports immediately before AGM, such as the day before AGM.
  • If the record date is moved forward from fiscal year-end, the problem of administrative burden will be solved. English-disclosure in annual securities reports will increase, and engagement will be positive.
  • For companies with a record date in their articles of incorporation, changing the record date would require general shareholders’ meeting, but only a few shareholders would oppose the change.

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