Resolutions for the General Meeting of Shareholders
Annual (48th)Not disclosed
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (48th) |
| Shareholder Proposal | Not disclosed |
Items this document does not state (4)
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.To post the consolidated notes and non-consolidated notes online and provide them to shareholders pursuant to applicable laws and regulations and Article 17 of the Articles of Incorporation. Regarding the Indonesian business, the Company explained that it decided to suspend and withdraw from the business because structurally negative free cash flow continued due to weak steel demand resulting from cuts to the Indonesian government’s infrastructure budget, declining sales volumes, and margin contraction caused by intensifying competition.