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Abolition of the policy in response to large-scale purchases of the Company's shares and other securities (takeover response policy)TimelineThe spacing between the points is proportional to the actual number of days.
| Item | Details |
|---|---|
| Transaction name | Abolition of the policy in response to large-scale purchases of the Company's shares and other securities (takeover response policy) |
| Date of board resolution | 28 May 2026 |
| Execution Date / Effective Date | Upon the conclusion of the 27th annual general meeting of shareholders scheduled for 25 June 2026 (scheduled) |
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 stated that it reached this decision after carefully considering the appropriate form of the policy in light of changes in the business environment, recent developments concerning takeover response policies, and the views of shareholders and investors in Japan and overseas.
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This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.