The 66th Ordinary General Meeting of the Members of the Association
The 66th Ordinary General Meeting of the Members of the Association was held on Monday, 11th July 2016 in Room 303 of the Kaiun Club in Tokyo.
The Chairman of the Association, Mr. Junichiro Ikeda, was elected as the Chairman of the Meeting. The Meeting then reported on the following matters and considered the following proposals:-
Matters reported:
The Business Report for the 66th financial year (i.e.: the period from 1st April 2015 to 31st March 2016).
The report was made to the Meeting in accordance with the publication“The 66th period Business Report (for the period from 1st April 2015 to 31st March 2016)”
Proposals approved:
Proposal no.1
To approve the Inventory; Balance Sheet; Income and Expenditure Account; and the proposals for the treatment of the deficit for the 66th financial year (i.e.: the period from 1st April, 2015 to 31st March 2016);
The above Proposal no.1 was considered by the Meeting and approved as proposed.
Proposal no.2
To elect Members to the Board of Directors of the Association and to appoint Auditors;
The Meeting noted that the terms of all the Directors and the Auditors had expired. The Meeting further agreed that the Chairman should propose the names of candidates to the Meeting.
The Chairman then proposed the names of 26 candidates for appointment as Directors and 3 candidates in respect of the Auditors, all of which were duly elected by the Meeting.
Proposal no.3
To approve the payment of retirement bonus to the retiring Director;
It was reported to the Meeting that the payment of such retirement bonus was intended to reward the distinguished service of the retiring director, and would be in the form of a retirement allowance within the range allowed by the regulations of the Association. The specific amount, timing, and method of presentation of the allowance to the Director shall be left to the discretion of the Board of Directors of the Association.
Theabove Proposal no.3 was considered by the Meeting and approved.
Proposal no.4
To provide the necessary authorities to the Board of Directors for the handling of decisions at the General Meeting of Members;
The above Proposal no.4 was considered by the Meeting and approved as proposed.
The Ordinary General Meeting of the Members of the Association was closed after the above Proposals were approved by the Meeting.
At the 592nd Meeting of the Board of Directors, which was held immediately following the Ordinary General Meeting of the Members, the Representing Directors, the Chairman, the Deputy Chairmen, the Director General and the Executive Directors of the Association were duly elected.
Please find attached a list of both the members of the Board of Directors and the Auditors of the Association at the close of 66th Ordinary General Meeting of the Members of the Association.