Resolutions for the General Meeting of Shareholders
160th Annual General Meeting of Shareholders and Class Meeting of Common ShareholdersPartial amendments to the Articles of Incorporation to increase the total number of authorized shares
Share consolidation
Partial amendments to the Articles of Incorporation concerning the abolition of provisions regarding the number of shares constituting one unit, etc.
Election of 6 directors
None (not specified)
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | 160th Annual General Meeting of Shareholders and Class Meeting of Common Shareholders |
| Date and time | 10:00 a.m. on Friday, 26 June 2026 (doors scheduled to open at 9:00 a.m.) |
| Matters for resolution | Proposal No. 1: Partial amendments to the Articles of Incorporation to increase the total number of authorized shares, Proposal No. 2: Share consolidation, Proposal No. 3: Partial amendments to the Articles of Incorporation concerning the abolition of provisions regarding the number of shares constituting one unit, etc., Proposal No. 4: Election of 6 directors |
| Shareholder Proposal | None (not specified) |
| Director nominee | 6, of which the numbers of new and outside candidates are Not disclosed |
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 Company needs to rebuild its financial position and earnings base due to high borrowings and interest expenses, the sluggish European economy, higher costs and US tariffs. It aims to improve its financial position and profitability through capital investment by the Apollo funds, this quasi-debt-to-equity swap, repayment of borrowings and going private.