FilingReader Intelligence
GungHo board opposes chief executive dismissal proposal
August 15, 2025 at 07:29 AM UTC•By FilingReader AI
GungHo Online Entertainment's board unanimously opposes Strategic Capital's proposal to dismiss chief executive Kazuki Morishita at an extraordinary shareholder meeting on September 24, 2025.
The board cited Morishita's leadership in the success of Puzzle & Dragons and the acquisition of Gravity Co., which tripled the company's market capitalization.
The board will also propose removing the supermajority requirement for director dismissals from the company's charter.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Notice regarding partial amendments to the articles of incorporationAugust 15, 2025 at 07:15 AM UTC
Summary of the Explanatory Materials Regarding Our Opinion on the Proposal No.2 of the Extraordinary General Meeting of ShareholdersAugust 15, 2025 at 07:20 AM UTC
Notice Regarding Partial Amendment of the Articles of IncorporationAugust 15, 2025 at 07:20 AM UTC
Explanation material regarding our company's view on proposal item no. 2 for the extraordinary general meeting of shareholders (summary version)August 15, 2025 at 07:15 AM UTC
TSE:3765•Tokyo Stock Exchange
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