Resolutions for the General Meeting of Shareholders
Extraordinary General Meeting of ShareholdersShare Consolidation
Partial Amendments to the Articles of Incorporation
No
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Extraordinary General Meeting of Shareholders |
| Date and time | 10:00 a.m., Thursday, 9 July 2026 |
| Matters for resolution | Proposal No. 1: Share Consolidation, Proposal No. 2: Partial Amendments to the Articles of Incorporation |
| Shareholder Proposal | No |
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.Following the tender offer by Daito Trust Construction Co., Ltd., the Company's shareholders will be limited to Daito Trust Construction Co., Ltd. and SBI Holdings, Inc., with the Company ultimately becoming a wholly owned subsidiary of Daito Trust Construction Co., Ltd. The Company explains that using its capital strength and creditworthiness, development capabilities, procurement network, and rental management and sales platforms is expected to enhance corporate value over the medium to long term. It also cites disadvantages, including the loss of access to capital market funding as a result of going private.