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General Meetings of Shareholders5449OSAKA STEEL CO.,LTD.Iron and nonferrous metals

Internet Disclosure Items for the Notice of Convocation of the 48th Ordinary General Meeting of Shareholders

The notes to the consolidated and non-consolidated financial statements accompanying the notice of convocation of the Annual General Meeting of Shareholders were disclosed on the Company’s website. The disclosure also covers significant accounting matters, including losses and provisions related to the suspension and withdrawal of the Indonesian business.

Worth reading
17Immaterial
Scored from 1 of 4 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
19990
¥ million (consolidated business withdrawal loss)
Wording
Definitive
How definitive the wording is.

Resolutions for the General Meeting of Shareholders

Annual (48th)
Shareholder Proposal

Not disclosed

A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.
Resolutions for the General Meeting of Shareholders
ItemDetails
Type of shareholders' meetingAnnual (48th)
Shareholder ProposalNot disclosed
Items this document does not state (4)
Date and timeMatters for resolutionDirector nomineePercentage voting in favor

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.

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.
Internet Disclosure Items for the Notice of Convocation of the 48th Ordinary General Meeting of Shareholders | OSAKA STEEL CO.,LTD. (5449) timely disclosure | Komori