Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Decision and Details
Receipt of a written demand to bring an action pursuing liability and other claims under Article 847, paragraph 1 of the Companies Act
Implementation16 July 2026 (actual date of receipt of the demand letter to bring this action)
Going forwardBased on the report and recommendations of the Committee to Investigate Officer Liability, the company will determine whether to pursue claims for damages or take other legal measures, and plans to make a timely disclosure once a decision has been made.
Quantity / scale1 individual shareholder and multiple former directors
Reason
The interim dividend paid in 2023 in excess of the distributable amount and the acquisition of treasury shares
| Item | Details |
|---|---|
| Matter Covered | Receipt of a written demand to bring an action pursuing liability and other claims under Article 847, paragraph 1 of the Companies Act |
| Implementation Date | 16 July 2026 (actual date of receipt of the demand letter to bring this action) |
| Quantity / scale | 1 individual shareholder and multiple former directors |
| Reason | The interim dividend paid in 2023 in excess of the distributable amount and the acquisition of treasury shares |
| Governing Rule | Article 847, paragraph 1 of the Companies Act |
| Related previous disclosures | “Regarding a Demand from a Shareholder to Bring an Action,” dated 30 March 2026; “Regarding the Interim Dividend for the Previous Fiscal Year in Excess of the Distributable Amount and the Acquisition of Company Shares in the Previous Fiscal Year,” dated 2 June 2023; “Notice Regarding Receipt of the Investigation Report of the External Investigation Committee,” dated 16 June 2023; and “Notice Regarding the Establishment of the Committee to Investigate Officer Liability,” dated 13 March 2026 |
| Future plans | Based on the report and recommendations of the Committee to Investigate Officer Liability, the company will determine whether to pursue claims for damages or take other legal measures, and plans to make a timely disclosure once a decision has been made. |
Items this document does not state (5)
Decision-Making BodyDecision DatePeriod CoveredAmountImpact on Business Performance
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 demand calls for the company to bring an action pursuing the liability of multiple former directors in connection with the interim dividend paid in 2023 in excess of the distributable amount and the acquisition of treasury shares.
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