Worth reading
19Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.This transaction
This plan (takeover response policy utilizing the free allotment of stock acquisition rights)Date of board resolution25 June 2026
Execution Date / Effective DateThe effective period of this plan runs until the conclusion of the first meeting of the Board of Directors held after the annual general meeting of shareholders to be held in 2027.
Impact on Business Performance
No impact on shareholders' or investors' rights will arise at the time of introducing or renewing this plan.
Procedures and assumptions
Special CommitteeA Corporate Value Committee has been established. The committee comprises at least 3 members selected from among independent outside directors. The main text names 6 committee members.
Conditions Precedent to ExecutionThe Company requires compliance with applicable laws and regulations, the provision of necessary information, and sufficient time for review in connection with takeover proposals.
| Item | Details |
|---|---|
| Transaction name | This plan (takeover response policy utilizing the free allotment of stock acquisition rights) |
| Impact on Business Performance | No impact on shareholders' or investors' rights will arise at the time of introducing or renewing this plan. |
| Date of board resolution | 25 June 2026 |
| Execution Date / Effective Date | The effective period of this plan runs until the conclusion of the first meeting of the Board of Directors held after the annual general meeting of shareholders to be held in 2027. |
| Special Committee | A Corporate Value Committee has been established. The committee comprises at least 3 members selected from among independent outside directors. The main text names 6 committee members. |
| Conditions Precedent to Execution | The Company requires compliance with applicable laws and regulations, the provision of necessary information, and sufficient time for review in connection with takeover proposals. |
Items this document does not state (26)
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)Contract DateValuation methodologyIndependent valuation institutionManagement 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.Although the matters required to be stated in takeover proposals have been revised following the enforcement of amendments to the Financial Instruments and Exchange Act and other legislation on 1 May 2026, the Company will continue this plan to secure and enhance corporate value and the common interests of shareholders.
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.