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Shareholders Demand GungHo CEO's Removal Amid Performance Decline

7/29/2025

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Summary

Story summary

Shareholders Strategic Capital and Intertrust Trustees are pushing for the removal of GungHo Online's CEO Kazuki Morishita, citing disappointing studio performance and plummeting share prices. They are calling for an extraordinary general meeting to alter voting requirements and deliberate on Morishita's potential dismissal, representing nearly 8% of the company's stock.

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Story summary

Shareholders Strategic Capital and Intertrust Trustees are pushing for the removal of GungHo Online's CEO Kazuki Morishita, citing disappointing studio performance and plummeting share prices. They are calling for an extraordinary general meeting to alter voting requirements and deliberate on Morishita's potential dismissal, representing nearly 8% of the company's stock.