{"id":23385,"date":"2026-06-19T00:39:00","date_gmt":"2026-06-18T22:39:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=3868bdae1f301835e0468d301711ace8"},"modified":"2026-06-19T00:39:00","modified_gmt":"2026-06-18T22:39:00","slug":"kaname-capital-issues-open-letter-to-fukuda-denshi-following-chairman-fukudas-resignation-raises-five-governance-concerns-demands-an-independent-third-party-committee-and-seeks-pu","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=23385","title":{"rendered":"Kaname Capital Issues Open Letter to Fukuda Denshi Following Chairman Fukuda\u2019s Resignation \u2014 Raises Five Governance Concerns, Demands an Independent Third-Party Committee, and Seeks Public Answers at Least One Day in Advance of the AGM"},"content":{"rendered":"<p>BOSTON--(BUSINESS WIRE)--Kaname Capital (\u201cwe\u201d) today issued an open letter, \u201cLetter of Inquiry to Your Company Following the Resignation of Chairman Fukuda,\u201d addressed to the Board of Directors and the Board of Auditors of Fukuda Denshi Co., Ltd. (Securities Code: 6960; \u201cFukuda Denshi\u201d).<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260617230170\/en\/2833703\/5\/logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260617230170\/en\/2833703\/22\/logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260617230170\/en\/2833703\/5\/logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260617230170\/en\/2833703\/21\/logo.jpg\" \/><\/a><p>\nOn June 16, 2026, Fukuda Denshi announced that Representative Director and Chairman Kotaro Fukuda would resign with immediate effect. We regard the resignation of Chairman Fukuda \u2014 for many years the company\u2019s absolute power-holder \u2014 as a step toward renewing its governance. Chairman Fukuda\u2019s resignation, however, is only the first step toward restoring Fukuda Denshi\u2019s credibility. Chairman Fukuda remains the largest shareholder, and individuals close to him remain on the Board of Directors. By rights, the Board should have recognized his management responsibility head-on and drawn a clear line through dismissal.<\/p><p>\nWe continue to demand, in the strongest terms, the establishment of an independent third-party committee, to bring to light the full scope of Chairman Fukuda\u2019s misconduct and to correct the organizational culture that permitted it. So long as no self-corrective function is at work within the Board, we intend to continue pursuing Chairman Fukuda\u2019s accountability and exercising our shareholder rights until Fukuda Denshi has built a structure capable of enhancing corporate value and restoring the trust of a broad range of stakeholders \u2014 shareholders, employees, business partners, and healthcare professionals.<\/p><p>\nStakeholders with information relevant to this matter \u2014 current or former employees of Fukuda Denshi, business partners, healthcare professionals, and other related parties \u2014 are invited to contact us at <a  href=\"mailto:contact@kanamecapital.com\" rel=\"nofollow\" shape=\"rect\">contact@kanamecapital.com<\/a>. We welcome anonymous submissions and will protect our sources.<\/p><p>\n<b>[Attachment]<\/b><\/p><p>\nOpen letter, \u201cLetter of Inquiry to Your Company Following the Resignation of Chairman Fukuda\u201d (dated June 17, 2026)<\/p><p>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2F9b5cc9f0-1871-48d4-9379-a0f7002dcedd.usrfiles.com%2Fugd%2F9b5cc9_00ab23d2f4ee4989b64a7979421874d9.pdf&amp;esheet=54555773&amp;newsitemid=20260617230170&amp;lan=en-US&amp;anchor=https%3A%2F%2F9b5cc9f0-1871-48d4-9379-a0f7002dcedd.usrfiles.com%2Fugd%2F9b5cc9_00ab23d2f4ee4989b64a7979421874d9.pdf&amp;index=1&amp;md5=24fa58fad122e8c8d5cc7e435bbbb1d5\" rel=\"nofollow\" shape=\"rect\">https:\/\/9b5cc9f0-1871-48d4-9379-a0f7002dcedd.usrfiles.com\/ugd\/9b5cc9_00ab23d2f4ee4989b64a7979421874d9.pdf<\/a><\/p><br\/> <b>Contacts<\/b> <br\/><p>\nKaname Capital, L.P.\n<br\/><a  href=\"mailto:contact@kanamecapital.com\" rel=\"nofollow\" shape=\"rect\">contact@kanamecapital.com<\/a><br\/>+1-617-221-3584\n<br\/>201 Washington Place, 26th Floor, Boston, MA 02108<\/p>","protected":false},"excerpt":{"rendered":"<p>BOSTON&#8211;(BUSINESS WIRE)&#8211;Kaname Capital (\u201cwe\u201d) today issued an open letter, \u201cLetter of Inquiry to Your Company Following the Resignation of Chairman Fukuda,\u201d addressed to the Board of Directors and the Board of Auditors of Fukuda Denshi Co., Ltd. (Secu&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23385","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23385"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23385\/revisions"}],"predecessor-version":[{"id":23386,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23385\/revisions\/23386"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}