Material for general meeting of shareholders Expanding the scope of disclosure on the web Reducing the burden on companies at Corona 14:44 on May 12
In the midst of a series of companies postponing financial statements due to the spread of the new coronavirus infection, the Ministry of Justice will reduce the burden on the company side, instead of posting the materials related to the general meeting of shareholders on the company's website, etc. It has been decided to expand the target that is allowed to do.
With the spread of new coronavirus infections delaying the collection of financial statements and companies postponing financial statements one after another, the Ministry of Justice and others are calling for flexible measures such as postponing the holding of a general meeting of shareholders to approve financial statements. I will.
It is recognized that some of the materials related to the general meeting of shareholders may be posted on the company's website two weeks before the general meeting of shareholders and used as a substitute for mailing to the shareholders. To reduce this, we have decided to expand the range of materials that can be published on our website.
In addition to the balance sheet and income statement, as well as some materials related to business reporting, the Ministry of Justice wants to revise and implement the ministerial ordinance later this week.
Minister of Justice Mori said at a press conference, "The time required to print and enclose documents in the past can be devoted to accounting and audit work, and the burden on the work is expected to be reduced."