Contents of this filing
The company has set a target of reducing strategic shareholdings to 10% or less of consolidated net assets by the fiscal year ending March 2028 and continues to reduce them. Results for reductions in the number of holdings and their value: Not disclosed.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
The Board of Directors resolved to oppose the shareholder proposal. Regarding strategic shareholdings, the long-term management plan revised on 27 September 2024 sets a target of reducing them to 10% or less of consolidated net assets by the fiscal year ending March 2028.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Policy on cross-shareholdings | The company has set a target of reducing strategic shareholdings to 10% or less of consolidated net assets by the fiscal year ending March 2028 and continues to reduce them. Results for reductions in the number of holdings and their value: Not disclosed. |
| Changes this time | The Board of Directors resolved to oppose the shareholder proposal. Regarding strategic shareholdings, the long-term management plan revised on 27 September 2024 sets a target of reducing them to 10% or less of consolidated net assets by the fiscal year ending March 2028. |
Items this document does not state (6)
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 company states that the proposal is inconsistent with the intent of Article 160 of the Companies Act, would effectively force the targeted shareholders to consider selling their shares, and that the maximum acquisition amount of approximately ¥48.6 billion would adversely affect the company’s financial foundation, long-term management plan and shareholder returns. It also states that the proposal contains violations of laws and regulations and an error in the number of shares covered.