Contents of this filing
The Board of Directors resolved to oppose the shareholder proposal. No changes from the previous report were disclosed.
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. No changes from the previous report were disclosed. |
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 explained that it is appropriate to maintain its current level of retained earnings after comprehensively considering the need for stable dividends, targeting a payout ratio of at least 30%, capital investment to support sustainable growth, and funds required to prepare for unforeseen circumstances, including prolonged operational shutdowns caused by natural disasters, geopolitical risks and cyber risks.