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M&A and Subsidiary Changes6508MEIDENSHA CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Non-Renewal (Discontinuation) of Measures in Response to Large-Scale Acquisitions of the Company's Shares (Takeover Defense Measures)

The Board of Directors resolved not to renew and instead abolish the takeover defense measures, which will expire at the conclusion of the Annual General Meeting of Shareholders scheduled for 25 June 2026. Going forward, the Company will consult shareholders on its response policy and any countermeasures, as necessary, once a specific acquisition proposal has been made.

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This transaction

Non-renewal (abolition) of measures against large-scale acquisitions of the Company's shares (takeover defense measures)
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This transaction
ItemDetails
Transaction nameNon-renewal (abolition) of measures against large-scale acquisitions of the Company's shares (takeover defense measures)
Date of board resolution14 May 2026
Execution Date / Effective Date25 June 2026 (scheduled, at the conclusion of the 162nd Annual General Meeting of Shareholders, when the effective period of these measures expires)
Items this document does not state (29)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In recent years, an increasing number of companies have introduced a response policy after a specific acquisition proposal was made and sought shareholders' views on whether to implement countermeasures. The Company therefore determined that it would be appropriate to consult shareholders, as necessary, on a response policy or countermeasures when an actual proposal or similar action is made. The Company also stated that it will work to enhance corporate value and the common interests of shareholders by advancing its medium- to long-term strategy and strengthening corporate governance.

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Notice Regarding the Non-Renewal (Discontinuation) of Measures in Response to Large-Scale Acquisitions of the Company's Shares (Takeover Defense Measures) | MEIDENSHA CORPORATION (6508) timely disclosure | Komori