Worth reading
21Immaterial
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.This transaction
This PlanTimelineThe spacing between the points is proportional to the actual number of days.
Impact on Business Performance
As of the introduction of this Plan, there will be no direct, specific impact on shareholders or investors.
Procedures and assumptions
Special CommitteeEstablished. Initially consisting of 4 members: 3 corporate auditors of the Company, including 2 outside corporate auditors, and 1 outside director of the Company.
Conditions Precedent to ExecutionApproval at the annual general meeting of shareholders scheduled for 26 June 2026 of the introduction of the Ninth Takeover Defense Measure and the delegation of authority to the Board of Directors concerning the gratis allotment of stock acquisition rights to be used as countermeasures, both by ordinary resolution.
| Item | Details |
|---|---|
| Transaction name | This Plan |
| Impact on Business Performance | As of the introduction of this Plan, there will be no direct, specific impact on shareholders or investors. |
| Date of board resolution | 25 May 2026 |
| Execution Date / Effective Date | 26 June 2026 (scheduled, subject to approval at the annual general meeting of shareholders) |
| Special Committee | Established. Initially consisting of 4 members: 3 corporate auditors of the Company, including 2 outside corporate auditors, and 1 outside director of the Company. |
| Conditions Precedent to Execution | Approval at the annual general meeting of shareholders scheduled for 26 June 2026 of the introduction of the Ninth Takeover Defense Measure and the delegation of authority to the Board of Directors concerning the gratis allotment of stock acquisition rights to be used as countermeasures, both by ordinary resolution. |
Items this document does not state (26)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionManagement structure after acquisition
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 measure is being renewed because the effective period of the Eighth Prior-Warning-Type Takeover Defense Measure will expire. Its purpose is to secure the information, time and bargaining power needed to evaluate and consider large-scale purchases, thereby protecting corporate value and the common interests of shareholders.
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.