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Discontinuation (Abolition) of the Policy for Responding to Large-Scale Purchases of Company Shares (Takeover Defense Measure)TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
| Item | Details |
|---|---|
| Transaction name | Discontinuation (Abolition) of the Policy for Responding to Large-Scale Purchases of Company Shares (Takeover Defense Measure) |
| Date of board resolution | 12 May 2026 |
| Execution Date / Effective Date | At the conclusion of the 171st Annual General Meeting of Shareholders scheduled for 26 June 2026 (予定) |
Items this document does not state (29)
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)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.The Company explained that, after carefully considering whether to continue the measure in light of the views of shareholders, including institutional investors, recent developments concerning takeover defense measures, and changes in the management environment surrounding the Company, it decided to abolish the measure.
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