Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
7
PeopleWording
Conditional
How definitive the wording is.Decision and Details
Tokyo District CourtDecision on a provisional disposition order to confirm the status of the Company's directors
Decision2 June 2026
ImplementationDecision made on 2 June 2026 (provisional decision under the provisional disposition)
Going forwardThe Company intends to seek a final court determination in litigation proceedings regarding the resolution electing the director candidates proposed by Mae (前). If any matters arise that require disclosure, the Company will promptly make a timely disclosure.
Quantity / scale7 director candidates proposed by Mae (前)
Reason
The Company maintains that the resolution electing the director candidates proposed by Mae (前) violated laws and regulations and the Articles of Incorporation and should be deemed nonexistent, invalid, or subject to rescission.
| Item | Details |
|---|---|
| Matter Covered | Decision on a provisional disposition order to confirm the status of the Company's directors |
| Decision-Making Body | Tokyo District Court |
| Decision Date | 2 June 2026 |
| Implementation Date | Decision made on 2 June 2026 (provisional decision under the provisional disposition) |
| Quantity / scale | 7 director candidates proposed by Mae (前) |
| Reason | The Company maintains that the resolution electing the director candidates proposed by Mae (前) violated laws and regulations and the Articles of Incorporation and should be deemed nonexistent, invalid, or subject to rescission. |
| Governing Rule | Laws and regulations and the Articles of Incorporation (specific provisions: Not disclosed) |
| Related previous disclosures | "(Progress on Disclosed Matter) Notice Concerning the Petition by the Company's Directors for a Provisional Disposition to Confirm Their Status and the Company's Withdrawal of Its Petition for a Provisional Disposition to Confirm Its Status," dated 22 May 2026; "Notice Concerning the Results of the Extraordinary Shareholders Meeting and the Company's Response," dated 12 May 2026 |
| Future plans | The Company intends to seek a final court determination in litigation proceedings regarding the resolution electing the director candidates proposed by Mae (前). If any matters arise that require disclosure, the Company will promptly make a timely disclosure. |
Items this document does not state (3)
Period CoveredAmountImpact on Business Performance
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.The Company maintains that the resolution electing the director candidates proposed by Mae (前) violated laws and regulations and the Articles of Incorporation, and should be deemed nonexistent, invalid, or subject to rescission.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.