Demand to Convene an Extraordinary General Meeting of Shareholders
TAKARA HOLDINGS INC.
TAKARA HOLDINGS INC.'s Board of Directors and directors (Tomotsune Riko (友常理子), Kawakami Tomoko (川上智子), and Motomiya Takao (本宮孝夫))
The demanding shareholder has explained that the reasons include the failure to meet long-term performance targets, poor performance, insufficient strategy and execution capabilities, inadequate oversight by the Board of Directors, and the Company's refusal to engage in dialogue, among others.
Related procedures
Demand to Convene an Extraordinary General Meeting of Shareholders (a demand under Article 297, Paragraph 1 of the Companies Act)
Company response
The demanding shareholder is seeking the removal of 3 directors: Tomotsune Riko (友常理子), Kawakami Tomoko (川上智子), and Motomiya Takao (本宮孝夫).
The Company will carefully review the details of the demand, determine its response policy, and disclose it promptly once determined. The demand letter requests a written response by 6 November 2026 stating the scheduled dates for the record date announcement, dispatch of the notice convening the meeting, and the general meeting of shareholders.
The Company will disclose its response policy promptly once determined.
| Item | Details |
|---|---|
| Event name | Demand to Convene an Extraordinary General Meeting of Shareholders |
| Date of occurrence | 22 October 2026 (date on which the demand was made) |
| Date recognized / date notice received | 22 October 2026 (date on which the Company received the demand letter to convene an extraordinary general meeting of shareholders) |
| Subject Entity | TAKARA HOLDINGS INC. |
| Target Locations / Products | TAKARA HOLDINGS INC.'s Board of Directors and directors (Tomotsune Riko (友常理子), Kawakami Tomoko (川上智子), and Motomiya Takao (本宮孝夫)) |
| Cause | The demanding shareholder has explained that the reasons include the failure to meet long-term performance targets, poor performance, insufficient strategy and execution capabilities, inadequate oversight by the Board of Directors, and the Company's refusal to engage in dialogue, among others. |
| Type of litigation or proceeding | Demand to Convene an Extraordinary General Meeting of Shareholders (a demand under Article 297, Paragraph 1 of the Companies Act) |
| Directors' and officers' liability | The demanding shareholder is seeking the removal of 3 directors: Tomotsune Riko (友常理子), Kawakami Tomoko (川上智子), and Motomiya Takao (本宮孝夫). |
| Outlook | The Company will carefully review the details of the demand, determine its response policy, and disclose it promptly once determined. The demand letter requests a written response by 6 November 2026 stating the scheduled dates for the record date announcement, dispatch of the notice convening the meeting, and the general meeting of shareholders. |
| Planned follow-up disclosure | The Company will disclose its response policy promptly once determined. |
Items this document does not state (15)
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 has not explained the reasons for the demand and has attached the full text of the demand letter as an appendix. The demanding shareholder cites the failure to meet long-term performance targets, poor performance, insufficient strategy and execution capabilities, inadequate oversight by the Board of Directors, and the Company's refusal to engage in dialogue, among other reasons.