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Discontinuation (Abolition) of the Policy for Responding to Large-Scale Purchases of the Company's Shares (Takeover Defense Measures)TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
| Item | Details |
|---|---|
| Transaction name | Discontinuation (Abolition) of the Policy for Responding to Large-Scale Purchases of the Company's Shares (Takeover Defense Measures) |
| Date of board resolution | 15 May 2026 |
| Execution Date / Effective Date | At the close of the 103rd Annual General Meeting of Shareholders scheduled for 24 June 2026 (予定) |
Items this document does not state (29)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This decision was made after comprehensively considering the development of rules and guidelines concerning corporate acquisitions, which has reduced the need for the current takeover defense measures, as well as the status of dialogue with shareholders, including institutional investors in Japan and overseas.
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