Komori
M&A and Subsidiary Changes8029LOOK HOLDINGS INCORPORATEDMaterials and Chemicals

Update to the Policy for Responding to Large-Scale Purchases of Our Shares (Takeover Defense Policy)

As the validity period of the existing anti-takeover measures is due to expire, the Board of Directors decided to renew the policy, subject to approval at the General Meeting of Shareholders scheduled for 27 March 2026. Although the wording will be revised and reorganized, the basic framework will be maintained, requiring the provision of information and an evaluation period for large-scale purchases of 20% or more and, where necessary, allowing countermeasures such as the gratis allotment of stock acquisition rights.

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This transaction

Policy for Responding to Large-Scale Acquisitions of the Company's Shares (Takeover Response Policy)
Date of board resolution13 February 2026
Execution Date / Effective Date本総会における本プラン更新の承認可決を効力発生の条件とする。具体的な効力発生日はNot disclosed。
Impact on Business Performance

本プランの更新時には、本新株予約権の発行自体は行われません。従って、本プランがその更新時に株主および投資家の皆様の有する当社株式に係る法的権利および経済的利益に対して直接具体的な影響を与えることはありません。

Procedures and assumptions
Special Committee設置あり（独立委員会）。委員は3名で、井上和則（当社取締役）、秋葉絢子（当社取締役）、服部滋多（当社監査役）。
Conditions Precedent to Execution2026年3月27日開催予定の第64回定時株主総会における本プラン更新の承認可決。
This transaction
ItemDetails
Transaction namePolicy for Responding to Large-Scale Acquisitions of the Company's Shares (Takeover Response Policy)
Impact on Business Performance本プランの更新時には、本新株予約権の発行自体は行われません。従って、本プランがその更新時に株主および投資家の皆様の有する当社株式に係る法的権利および経済的利益に対して直接具体的な影響を与えることはありません。
Date of board resolution13 February 2026
Execution Date / Effective Date本総会における本プラン更新の承認可決を効力発生の条件とする。具体的な効力発生日はNot disclosed。
Special Committee設置あり（独立委員会）。委員は3名で、井上和則（当社取締役）、秋葉絢子（当社取締役）、服部滋多（当社監査役）。
Conditions Precedent to Execution2026年3月27日開催予定の第64回定時株主総会における本プラン更新の承認可決。
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.

現プラン更新後の市場環境・経営環境の変化、買収への対応方針をめぐる動向や議論の進展を踏まえ、当社の企業価値および株主共同の利益を確保・向上するため。また、大量買付けに際して株主が判断するための情報と時間を確保し、買付者との交渉を可能にするため。

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.
Update to the Policy for Responding to Large-Scale Purchases of Our Shares (Takeover Defense Policy) | LOOK HOLDINGS INCORPORATED (8029) timely disclosure | Komori