Komori
Governance4832JFE Systems, Inc.Information and Communications, Services and Others

Notice Concerning the Board of Directors’ Opinion on the Shareholder Proposal

The Company received a shareholder proposal from an individual shareholder to add an extraordinary dividend and resolved that the Board of Directors would oppose the proposal. While indicating a policy of expanding shareholder returns, the Company stated that funds must also be allocated to growth investments and business expansion.

Worth reading
59In focus
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1570483750
Yen (total amount of proposed extraordinary dividend)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The Company received a shareholder proposal and resolved that the Board of Directors would oppose it. No changes from the previous report are stated.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeThe Company received a shareholder proposal and resolved that the Board of Directors would oppose it. No changes from the previous report are stated.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 has already announced a policy of expanding shareholder returns by raising its dividend payout ratio, but needs to secure investment funds for growth investments, M&A, investments in product development and service provision, and human capital investments. The Company also stated that funds are needed to expand its business serving general customers following a sharp decline in the volume of work for the parent company.

How to read this page

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Board of Directors’ Opinion on the Shareholder Proposal | JFE Systems, Inc. (4832) timely disclosure | Komori