Resolutions for the General Meeting of Shareholders
Annual (54th)Appropriation of surplus
Partial Amendments to the Articles of Incorporation
Election of 5 Directors Who Are Not Audit & Supervisory Committee Members
Election of 5 directors who are Audit and Supervisory Committee Members
Acquisition of treasury shares
Shareholder ProposalAmendments to the Articles of Incorporation concerning the number of Outside Directors
Shareholder Proposal
A proposal from 1 shareholder. Proposal No. 5 calls for the acquisition of treasury shares of up to 2,021,300 shares, with a total acquisition price capped at ¥3,840,000,000. Proposal No. 6 calls for an amendment to the Articles of Incorporation requiring a majority of the directors to be Outside Directors. The Board of Directors opposes both proposals.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (54th) |
| Date and time | 25 September 2026 (Friday), 1:00 p.m. (受付開始: 12:15 p.m.) |
| Matters for resolution | Proposal 1: Appropriation of surplus, Proposal No. 2: Partial Amendments to the Articles of Incorporation, Proposal No. 3: Election of 5 Directors Who Are Not Audit & Supervisory Committee Members, Proposal 4: Election of 5 directors who are Audit and Supervisory Committee Members, Proposal No. 5: Acquisition of treasury shares, Proposal No. 6: Amendments to the Articles of Incorporation concerning the number of Outside Directors |
| Shareholder Proposal | A proposal from 1 shareholder. Proposal No. 5 calls for the acquisition of treasury shares of up to 2,021,300 shares, with a total acquisition price capped at ¥3,840,000,000. Proposal No. 6 calls for an amendment to the Articles of Incorporation requiring a majority of the directors to be Outside Directors. The Board of Directors opposes both proposals. |
| Director nominee | 10 candidates. Proposal No. 3 consists of the re-election of all 5 candidates (0 new candidates and 2 Outside Directors), while Proposal No. 4 consists of 5 candidates (2 new candidates and 3 Outside Directors). In total, there are 2 new candidates and 5 Outside Directors. |
Items this document does not state (1)
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 reduction in the number of directors who are not Audit & Supervisory Committee Members is intended to improve the efficiency of the management structure. The reasons given for opposing the shareholder proposals are that acquiring treasury shares could upset the balance with growth investment and hinder the improvement of corporate value over the medium to long term, while fixing the ratio of Outside Directors in the Articles of Incorporation could restrict flexible consideration of the Board of Directors' composition and impair the agility of talent appointments.