Fuji Electric : Announcement Regarding Changes to the Management of Fuji Electric Co., Ltd. to be Proposed at the Company’s Ordinary General Meeting of Shareholders
March 30, 2023 at 12:11 am EDT
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March 30, 2023, Tokyo - Fuji Electric Co., Ltd. (TSE:6504) announced its decision today to put forward candidates for the positions of directors and auditors following a meeting of its Board of Directors held on March 30, 2023 based on the recommendations of the Fuji Electric's Nomination and Remuneration Committee. Brief details are as follows:
The appointment of candidate directors and auditors is subject to approval by the Board of Directors at a meeting to be held following the Company's Ordinary General Meeting of Shareholders scheduled for June 2023.
Fuji Electric Co. Ltd. published this content on 30 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2023 04:10:03 UTC.
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).
Fuji Electric : Announcement Regarding Changes to the Management of Fuji Electric Co., Ltd. to be Proposed at the Company’s Ordinary General Meeting of Shareholders