Resolutions for the General Meeting of Shareholders
Annual (90th)Election of 14 Directors
Removal of 1 Director
Shareholder ProposalAmendments to the Articles of Incorporation concerning the establishment of a Strategic Review Committee
Amendments to the Articles of Incorporation concerning the decision-making body for dividends of surplus and other matters
Acquisition of treasury shares
Approval of compensation amounts under the restricted stock compensation plan
Amendments to the Articles of Incorporation concerning the composition of outside directors
Amendments to the Articles of Incorporation concerning measures to achieve management conscious of the cost of capital and stock price
Amendments to the Articles of Incorporation concerning the record date for the Annual General Meeting of Shareholders
Yes. Proposal No. 2 was submitted by AVI JAPAN OPPORTUNITY TRUST PLC, and Proposals No. 3 through No. 9 were submitted by LONGCHAMP SICAV. The Board of Directors opposes Proposals No. 2 through No. 9.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (90th) |
| Date and time | 24 June 2026 (Wednesday), 10:00 a.m. (reception opens at 9:00 a.m.) |
| Matters for resolution | Proposal No. 1: Election of 14 Directors, Proposal No. 2: Removal of 1 Director, Proposal No. 3: Amendments to the Articles of Incorporation concerning the establishment of a Strategic Review Committee, Proposal No. 4: Amendments to the Articles of Incorporation concerning the decision-making body for dividends of surplus and other matters, Proposal No. 5: Acquisition of treasury shares, Proposal No. 6: Approval of compensation amounts under the restricted stock compensation plan, Proposal No. 7: Amendments to the Articles of Incorporation concerning the composition of outside directors, Proposal No. 8: Amendments to the Articles of Incorporation concerning measures to achieve management conscious of the cost of capital and stock price, Proposal No. 9: Amendments to the Articles of Incorporation concerning the record date for the Annual General Meeting of Shareholders |
| Shareholder Proposal | Yes. Proposal No. 2 was submitted by AVI JAPAN OPPORTUNITY TRUST PLC, and Proposals No. 3 through No. 9 were submitted by LONGCHAMP SICAV. The Board of Directors opposes Proposals No. 2 through No. 9. |
| Director nominee | 14, including 0 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.For the company proposal, the Company is seeking the re-election of the 14 incumbent directors because their terms of office are expiring. The Board of Directors opposes the shareholder proposals on the grounds of corporate value and the common interests of shareholders, the unity and flexibility of management decision-making, and the associated administrative burden, among other reasons.