Contents of this filing
The Board of Directors resolved to oppose both shareholder proposals.
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 Board of Directors resolved to oppose both shareholder proposals. |
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.The reasons given for opposing the dividend increase proposal were the need to balance growth investment under the medium-term management plan with shareholder returns, secure cash liquidity, and the inappropriateness of making a simple comparison between ROE and ROIC. The reasons given for opposing the proposal to change the record date were potential confusion in investment decisions arising from the discrepancy with the ex-dividend date, the misalignment between directors’ terms of office and the fiscal year, and the concentration of the workload associated with responding to the General Meeting of Shareholders and preparing the first-quarter financial results.