Report on the 617th Meeting of the Board of Directors 14 June 2023 No.23-002 Tweet Download PDF (265KB) To the Members The 617th Meeting of the Association’s Board of Directors was held on 14 June 2023. The main decisions of the Meeting are as follows;   The 73rd Ordinary General Meeting of the Members The Board approved the convening of the 73rd Ordinary General Meeting of the Members at the Kaiun Club, Tokyo at 16:00 on 19 July 2023.   Agenda of the 73rd Ordinary General Meeting of the Members   The Board approved the following report and proposals for inclusion in the agenda of the Ordinary General Meeting.   Report: The Business Report for the 73rd business year (from 1 April 2022 to 31 March 2023);   Proposals: To approve an Inventory, Balance Sheet, Income and Expenditure Account, and proposals for the treatment of the surplus for the 73rd business year (from 1 April 2022 to 31 March 2023); To amend Articles of Association and Plan of Business Operations; To elect Members to the Board of Directors and, to appoint Auditors; To approve the payment of the retirement bonus to the retiring directors; To revise remuneration limits for In-house Directors. To authorise the Board of Directors to handle decisions made at the General Meeting of the Members.   Details of the above items can be found in the “Notice of the 73rd Ordinary General Meeting of the Members to be held on 19 July 2023”, which will be sent by post to the Members, along with enclosures.   The outline of the financial results for the 2022 business year (the above Proposal 1) is as follows:   In the 2022 business year, our top priority was to strengthen our core capital and improve the balance of income and expenditure in order to stabilise the financial base. Since we urgently needed to restore the reserve, which had decreased due to the losses recorded in the previous year, we developed the 2022 Financial Base Stabilisation Plan and collected unbudgeted supplem