Contents of this filing
The company received shareholder proposals, and the Board of Directors resolved to oppose the proposal for the acquisition of treasury shares and the proposal to amend the Articles of Incorporation concerning the body authorized to decide on dividends of surplus and related matters.
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。
| Item | Details |
|---|---|
| Changes this time | The company received shareholder proposals, and the Board of Directors resolved to oppose the proposal for the acquisition of treasury shares and the proposal to amend the Articles of Incorporation concerning the body authorized to decide on dividends of surplus and related matters. |
Items this document does not state (7)
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.Regarding the treasury share buyback, the company cited the need for its subsidiary, which is subject to capital adequacy regulations under the Financial Instruments and Exchange Act, to maintain a high level of equity capital, as well as the need for growth investment in information security, systems, personnel, AI and M&A. Regarding the amendment to the Articles of Incorporation, the company stated that the current Articles do not preclude resolutions by the General Meeting of Shareholders and that, in practice, dividend proposals are resolved at the General Meeting of Shareholders every year, meaning that the proposal lacks necessity and rationality.