Contents of this filing
The Board of Directors resolved to oppose the shareholder proposal for the acquisition of treasury shares.
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 the shareholder proposal for the acquisition of treasury shares. |
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 Company is investing the growth funds it has raised in production facilities, research and development, DX-related initiatives, human capital and M&A. The acquisition of ¥2.5 billion worth of treasury shares could delay these growth initiatives and potentially impair long-term shareholder value. With respect to shareholder returns, the Company places priority on maximizing corporate value through growth investment and providing stable and continuous dividends, with a consolidated dividend payout ratio of 30% as a guideline.