SUMIDA: Company News

SUMIDA CORPORATION would like to announce that the Nomination Committee nominated the following nine (9) candidates for the Board of Directors. The membership as director will take effect subject to the approval of the shareholders at the coming 65th Term Annual General Meeting of Shareholders scheduled for March 25, 2020.

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SUMIDA CORPORATION (“the Company”) would like to express their deepest condolences to all those who have been affected by the recent outbreak of the coronavirus (COVID-19) disease.

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The recent outbreak of the coronavirus has had significant impact on the local communities in China and SUMIDA CORPORATION (“the Company”) would like to express their deepest condolences to all those who have been affected.

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As informed in the previous press release “Notice of Lawsuit Filed Against Former Outside Director” dated on November 22, 2019, SUMIDA CORPORATION (the “Company”) filed a damage lawsuit (the “Lawsuit”) against a former outside director of the Company. Today, the Company announces that an amicable settlement has been reached in the Lawsuit.

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SUMIDA CORPORATION (“the Company”) hereby announces that, today on Friday, November 22, 2019 Sumida has initiated a damage suit (“the Suit”) against a former outside director of the Sumida, Mr. Soichiro Uchida. The details are as follows.

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