Resolutions for the General Meeting of Shareholders
Annual (74th)Introduction of the response policy concerning large-scale purchases of the Company's shares, namely the Ninth Takeover Defense Measure, and delegation to the Board of Directors of authority to determine the free allotment of stock acquisition rights as countermeasures under the Ninth Takeover Defense Measure
Disclosed. It stipulates that one of the exercise conditions for the share acquisition rights is that the number of directors elected through a shareholder proposal becomes a majority of the directors in office. The positions of the shareholder proponent and the Board of Directors regarding this proposal are Not disclosed.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (74th) |
| Matters for resolution | Proposal 6: Introduction of the response policy concerning large-scale purchases of the Company's shares, namely the Ninth Takeover Defense Measure, and delegation to the Board of Directors of authority to determine the free allotment of stock acquisition rights as countermeasures under the Ninth Takeover Defense Measure |
| Shareholder Proposal | Disclosed. It stipulates that one of the exercise conditions for the share acquisition rights is that the number of directors elected through a shareholder proposal becomes a majority of the directors in office. The positions of the shareholder proponent and the Board of Directors regarding this proposal are Not disclosed. |
Items this document does not state (3)
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.To enable the Board of Directors to secure the information, time and negotiating leverage necessary to evaluate and consider large-scale purchase actions and related matters, negotiate with the purchaser, and implement countermeasures when such actions may impair the Company’s corporate value or the common interests of its shareholders.