Resolutions for the General Meeting of Shareholders
Annual (83rd fiscal year)(Appropriation of surplus); Proposal No. 4 (Shareholder proposal concerning the payment of dividends from surplus)
The proposer is Not disclosed. The shareholder proposal concerning the payment of dividends from surplus (Proposal No. 4) calls for a special dividend of ¥1,200 per share. The Board of Directors recommends voting against it.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (83rd fiscal year) |
| Date and time | 28 May 2026 (scheduled; start time: Not disclosed) |
| Matters for resolution | Proposal No. 1 (Appropriation of surplus); Proposal No. 4 (Shareholder proposal concerning the payment of dividends from surplus) |
| Shareholder Proposal | The proposer is Not disclosed. The shareholder proposal concerning the payment of dividends from surplus (Proposal No. 4) calls for a special dividend of ¥1,200 per share. The Board of Directors recommends voting against it. |
Items this document does not state (2)
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.ISS recommended voting against the shareholder proposal, stating that the additional cash outflow from the proposed special dividend would represent an excessive demand equivalent to 52.6% of the combined amount of the company's net cash and long-term investment securities, and could undermine financial soundness and medium- to long-term growth investment. The company stated its policy of sustainably enhancing corporate value through growth investment rather than pursuing an excessively short-term shareholder return policy.