Merit of TOKUREI YK

Before you make a final decision to shift to KK, let us confirm the merits and demerits of current TOKUREI YK or Exceptional YK again. Once you shift to KK, you can not return to YK again any more.
You can never establish a new YK any longer.
After re-confirming the advantages for remaining as current TOKUREI YK, if you are still wishing to change to KK, your will is real.

The disadvantages of TOKUREI YK will be also reviewed at the same time.

・No legal office term for Directors and Auditor
・Publication of Financial report is not madatory.
・Auditor, and CPU is not required even when the company becomes to a BIG Company in the law.
・The deemed dissolution clause of sleeping(inactive) company is not to be applied.

・The regulation of Restriction of Stock Ownership Transfer on its Corporate Article can not be changed.
・Accounting Councilor or KAIKEI SANYO can not be assigned.
・Can not be a remaining company of a merger by absorption, nor succeeding company of a division by absorption.
・Stock exchange and Stock transfer are not acceptable