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General Meetings of Shareholders6493NITTAN CorporationAutomobiles and transportation equipment

Other Matters Subject to Electronic Provision for the 104th Annual General Meeting of Shareholders (Matters Omitted from the Delivered Documents)

The consolidated and non-consolidated notes omitted from the notice of convocation for the 104th Annual General Meeting of Shareholders are being disclosed as matters subject to electronic provision. The contents include recognition of an impairment loss of ¥415.101 million in the gear business and plans to make 新和精密 a consolidated subsidiary through an additional acquisition of shares.

Worth reading
9Immaterial
Scored from 2 of 4 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
415101
¥ thousand
Wording
Conditional
How definitive the wording is.

Resolutions for the General Meeting of Shareholders

Annual (104th)
Matters for resolution1 item
  1. A dividend on common shares was proposed as a resolution item (total dividends: ¥374.469 million; dividend per share: ¥13).

Shareholder Proposal

None (no description of shareholder proposals)

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 (104th)
Matters for resolutionA dividend on common shares was proposed as a resolution item (total dividends: ¥374.469 million; dividend per share: ¥13).
Shareholder ProposalNone (no description of shareholder proposals)
Items this document does not state (3)
Date and timeDirector 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.

An impairment loss was recognized because it was determined that the asset group in the gear business could not be recovered through future cash flows. The purpose of making 新和精密 a consolidated subsidiary is to strengthen collaboration with ニッタンインディアテック, continue expanding the India business, develop new products, share management resources, and create synergies through business partnerships.

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.
Other Matters Subject to Electronic Provision for the 104th Annual General Meeting of Shareholders (Matters Omitted from the Delivered Documents) | NITTAN Corporation (6493) timely disclosure | Komori