Resolutions for the General Meeting of Shareholders
Annual, 80thAppropriation of surplus
Election of 9 directors, excluding directors who are Audit and Supervisory Committee members
Election of 1 director who is an Audit & Supervisory Committee Member
Approval of the conditional implementation of defensive measures in light of the high likelihood that Dalton and related parties will conduct a large-scale purchase or similar action involving the company's shares or other securities (in an emergency situation)
Election of 2 directors who are not Audit & Supervisory Committee Members
Shareholder Proposal
Yes. The proposers are certain shareholders. They have submitted Proposal No. 5 concerning the election of 2 directors who are not Audit and Supervisory Committee Members. The Board of Directors opposes the proposal.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual, 80th |
| Date and time | 10:00 a.m., Wednesday, 17 June 2026 |
| Matters for resolution | Proposal No. 1: Appropriation of surplus, Proposal No. 2: Election of 9 directors, excluding directors who are Audit and Supervisory Committee members, Proposal No. 3: Election of 1 director who is an Audit & Supervisory Committee Member, Proposal No. 4: Approval of the conditional implementation of defensive measures in light of the high likelihood that Dalton and related parties will conduct a large-scale purchase or similar action involving the company's shares or other securities (in an emergency situation), Proposal No. 5: Election of 2 directors who are not Audit & Supervisory Committee Members |
| Shareholder Proposal | Yes. The proposers are certain shareholders. They have submitted Proposal No. 5 concerning the election of 2 directors who are not Audit and Supervisory Committee Members. The Board of Directors opposes the proposal. |
| Director nominee | The Company’s proposals comprise 9 directors other than directors serving as Audit and Supervisory Committee Members and 1 director serving as an Audit and Supervisory Committee Member. Including the shareholder proposal, there are 11 candidates for directors who are not Audit and Supervisory Committee Members. Among the Company’s nominees, 1 is a new candidate and 5 are outside directors, including the candidate for Audit and Supervisory Committee Member. |
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 proposal concerning the disposition of surplus takes into account the results for the fiscal year under review, with the aim of maintaining a stable financial foundation through the sustained generation of profits and continuing to pay stable dividends to shareholders. The director nominees have been selected based on their suitability for making decisions on management policies and corporate strategies and for performing supervisory functions, among other considerations. Proposal No. 4 has been submitted in light of the situation in which the likelihood of a large-scale purchase of the Company’s shares and other securities by Dalton and others is high (an emergency situation).