Tokyo - Hibiki Path Aoba Fund (HPAF) has filed two shareholder proposals for voting at Tomoe Corporation's upcoming 93rd Annual General Meeting of Shareholders on June 27, 2025. The proposals include granting up to 300 million yen in restricted stock compensation. HPAF has a discretionary investment contract with Hibiki Path Advisors and is taking steps to influence decision-making at Tomoe Corporation through these proposals.