Decision and Details
Tokyo District CourtJudgment cancelling the resolution to dismiss 7 directors and the resolution to elect 7 directors proposed by Mae (前) at the extraordinary general meeting of shareholders held on 12 May 2026
Because the Company considered that the resolutions in question violated laws and regulations and the Articles of Incorporation and should be deemed non-existent or cancelled, and sought a final determination by the court.
This judgment will have no impact on the Company’s results.
| Item | Details |
|---|---|
| Matter Covered | Judgment cancelling the resolution to dismiss 7 directors and the resolution to elect 7 directors proposed by Mae (前) at the extraordinary general meeting of shareholders held on 12 May 2026 |
| Decision-Making Body | Tokyo District Court |
| Decision Date | 11 November 2026 (date judgment was delivered) |
| Implementation Date | 11 November 2026 (judgment delivered; however, the judgment is not yet final as of now) |
| Quantity / scale | 7 director dismissals, 7 director elections, and each resolution from 1 through 8 in the resolution register |
| Impact on Business Performance | This judgment will have no impact on the Company’s results. |
| Reason | Because the Company considered that the resolutions in question violated laws and regulations and the Articles of Incorporation and should be deemed non-existent or cancelled, and sought a final determination by the court. |
| Governing Rule | Laws and regulations and the Articles of Incorporation (specific provisions: Not disclosed) |
| Related previous disclosures | “Notice regarding the filing of an action for confirmation of non-existence of resolutions and other relief concerning the extraordinary general meeting of shareholders convened by the Company's shareholders and held on 12 May 2026,” dated 29 June 2026; “Notice regarding the resolutions of the extraordinary general meeting of shareholders and the Company's response,” dated 12 May 2026 |
| Future plans | The Company does not plan to appeal. If any matters requiring disclosure arise, the Company will make a timely disclosure without delay. |
Items this document does not state (2)
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 filed the action seeking a final court determination because it considered that the resolutions to dismiss and elect the directors in question violated laws and regulations and the Articles of Incorporation and should be deemed non-existent or cancelled.