Kobe Steel Ld
26 June 2002
- TRANSLATION -
To: Shareholders June 26, 2002
Kobe Steel, Ltd.
10-26, Wakinohamacho 2-chome
NOTICE OF RESOLUTIONS OF
THE 149TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
You are hereby notified that the following report was made and resolutions were
passed at the 149th Ordinary General Meeting of Shareholders.
Matters Reported: Report on the balance sheet as of March 31, 2002,
the business report, and the statement of income for
the 149th business term (the year beginning
April 1, 2001 and ending March 31, 2002, also known
as fiscal 2001).
The contents of the above financial statements were reported.
First Item: Approval of proposal for disposition of
deficit for the 149th business term (FY2001)
This proposal was approved and resolved as
Second Item: Amendment of Articles of Incorporation
This proposal was approved and resolved as originally proposed.
The summary of the amendment is stated below.
1. It was approved and resolved that some purposes of business of the
Company be added for further development of business in future.
(Underline indicate the amended part)
Before amended Articles of Newly amended Articles of
Sale, brokering and leasing of real estate; and Sale, brokering, leasing, management and
planning, execution, and management related to security service of real estate; and planning,
local development. execution, and management related to local
(newly provided) Treatment and reclamation of industrial waste
and other wastes.
2. It was approved and resolved that Articles of Incorporation be amended
in accordance with revision of Japanese Commercial Law with regard to allowance
of treasury stock, abolition of controls on par value share and establishment of
a new unit-stock system, establishment of stock option system, introduction of
paper-less electronic registration system for commercial papers and extension of
term of Corporate Auditors, etc.
Third Item: Election of seven (7) directors upon the occasion of the
expiration of the terms of all directors
With respect to this proposal, Messrs. Masahiro Kumamoto,
Koshi Mizukoshi, Hiroshi Sato, Toru Asaoka, Tsuguto Moriwaki,
Yasuo Inubushi and Takashi Matsutani the seven (7) candidates,
were elected as directors and assumed their positions.
Fourth Item: Granting of retirement gratuities to retiring directors
In appreciation of their distinguished service, it was approved and resolved
that Messrs. Osamu Takata, Noriyoshi Mitsutake and Yasuaki Hirata the three (3)
directors whose term of office expired at the closing of this Ordinary General
Meeting of Shareholders, be granted retirement gratuities within a reasonable
amount in accordance with the established standards of the Company. Moreover,
it was approved and resolved that determination of the actual amount, time, and
method of presentation be left to the Board of directors in relation to retiring
At the meeting of the Board of directors held after the close of the 149th
Ordinary General Meeting of Shareholders, the following directors were elected
and assumed their offices.
Chairman of the Board Masahiro Kumamoto
President Koshi Mizikoshi
Vice President Tsuguto Moriwaki
Vice President Yasuo Inubushi
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