Resolutions for the General Meeting of Shareholders
Annual (125th)Disposition of surplus
Election of 4 directors, excluding directors who are Audit and Supervisory Committee Members
Election of 3 Directors who are Audit and Supervisory Committee Members
Election of 1 Substitute Director who is an Audit and Supervisory Committee Member
Continuation of the policy for responding to large-scale purchases of the company’s shares (takeover response policy)
Acquisition of treasury shares
A proposal by 1 shareholder to acquire 300,000 treasury shares for a total purchase price capped at ¥320 million. 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 (125th) |
| Date and time | 26 June 2026 (Friday), 11:00 a.m. |
| Matters for resolution | Proposal No. 1: Disposition of surplus, Proposal No. 2: Election of 4 directors, excluding directors who are Audit and Supervisory Committee Members, Proposal No. 3: Election of 3 Directors who are Audit and Supervisory Committee Members, Proposal No. 4: Election of 1 Substitute Director who is an Audit and Supervisory Committee Member, Proposal No. 5: Continuation of the policy for responding to large-scale purchases of the company’s shares (takeover response policy), Proposal No. 6: Acquisition of treasury shares |
| Shareholder Proposal | A proposal by 1 shareholder to acquire 300,000 treasury shares for a total purchase price capped at ¥320 million. The Board of Directors opposes the proposal. |
| Director nominee | 8 candidates in total (4 under Proposal No. 2, 3 under Proposal No. 3 and 1 under Proposal No. 4). 3 new candidates and 6 outside directors. |
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 company states that the dividend proposal is intended to return profits to shareholders, the director election proposals are due to the expiration of the directors’ terms, and the takeover response policy is intended to protect corporate value and the common interests of shareholders. The proposing shareholder cites the undervaluation of the share price, the limited impact on cash management and improved liquidity as reasons for the shareholder proposal, while the Board of Directors opposes it on the grounds that priority should be given to deploying resources for management reform.