Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1290250
Consolidation into 1 share per shareWording
Conditional
How definitive the wording is.Resolutions for the General Meeting of Shareholders
Extraordinary General Meeting of Shareholders2026
May 15
Date and timeat 10:00 a.m.22 days from this disclosure to the meeting
Matters for resolution2 items
Consolidation of Shares
Partial Amendments to the Articles of Incorporation
Shareholder Proposal
None (not specified)
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Extraordinary General Meeting of Shareholders |
| Date and time | Friday, 15 May 2026, at 10:00 a.m. |
| Matters for resolution | Proposal No. 1: Consolidation of Shares, Proposal No. 2: Partial Amendments to the Articles of Incorporation |
| Shareholder Proposal | None (not specified) |
Items this document does not state (2)
Director nomineePercentage voting in favor
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.Because the tender offeror was unable to acquire all of the company's shares through the tender offer, the company will limit its shareholders to the tender offeror and Honda Motor Co., Ltd. and take the company private. The company explains that taking the company private will enable it to pursue medium- to long-term management without being constrained by short-term performance, make better use of management resources, make decision-making more flexible and faster, and diversify its customers and products.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.