Nintendo’s 75th Annual General Meeting of Shareholders to be held on June 26th
Nintendo announced today that its 75th annual shareholder’s meeting will be held on June 26th at 10 AM JST at the company’s Kyoto headquarter.
Other than a report on Nintendo’s past fiscal year (April 1, 2014 – March 31, 2015), the main point of interest at the meeting will be a vote to (re)instate ten Directors at the company, as the terms of office of ten of them will expire at that time. However, every single one of them (Satoru Iwata, Genyo Takeda, Shigeru Miyamoto, Tatsumi Kimishima, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, Hirokazu Shinshi and Naoki Mizutani) is running for those offices again and there are no other candidates, so there should be no surprises as all of them will likely be re-elected.
The distribution of the company’s shares will also be a focus at the meeting. Some recent updates on the current state of shares:
- The Master Trust Bank of Japan, Ltd. (Trust Account) has climbed from 1.98% to 2.54%
- Katsuhito Yamauchi (the son of the late Hiroshi Yamauchi) has climbed from 1.98% to 2.37%
- Banjo Yamauchi (unknown relation to Hiroshi Yamauchi) is gone from the list of major shareholders
- Northern Trust Co. (AVFC) Sub A/C Non Treaty is gone from the list of major shareholders
You can find some more granular information about the meeting and the current state of the company in the official shareholder’s meeting notice and this information disclosure about the notice.
