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Business trends

Japan to allow delaying or splitting up shareholder meetings

Companies urged to be flexible as virus pushes back earnings statements

Japan is urging companies to be flexible in holding shareholder meetings to ensure the safety of investors and employees. 

TOKYO -- Japan will encourage companies to be flexible in holding annual shareholders meetings as the coronavirus outbreak disrupts preparation of earnings reports.

The government has already extended the deadline for yearly financial statements to September. In light of this, a financial watchdog and business representatives have decided to allow companies to postpone general shareholders meetings or hold them in two parts. 

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