Resolutions for the General Meeting of Shareholders
Annual (103rd)Appropriation of surplus
Election of 7 Directors (excluding Directors who are Audit and Supervisory Committee Members)
Acquisition of treasury shares from a specific shareholder
Shareholder Proposal
Proposal No. 3, “Acquisition of treasury shares from a specific shareholder,” submitted by 2 shareholders (the proposing shareholders). The Board of Directors opposes the proposal.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (103rd) |
| Date and time | 10:00 a.m. on Friday, 19 June 2026 |
| Matters for resolution | Proposal No. 1: Appropriation of surplus, Proposal No. 2: Election of 7 Directors (excluding Directors who are Audit and Supervisory Committee Members), Proposal No. 3: Acquisition of treasury shares from a specific shareholder |
| Shareholder Proposal | Proposal No. 3, “Acquisition of treasury shares from a specific shareholder,” submitted by 2 shareholders (the proposing shareholders). The Board of Directors opposes the proposal. |
| Director nominee | 7, including 0 new candidates and 4 outside directors |
Items this document does not state (1)
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 cites the maintenance of stable dividends, enhancement of shareholder value, and the candidates’ experience and expertise as the reasons for its proposals. Regarding the shareholder proposal, the Board of Directors opposes it on the grounds that it is inconsistent with the intent of Article 160 of the Companies Act, that there is no evidence of pressure to sell, and that the acquisition of treasury shares, amounting to a maximum of approximately ¥48.6 billion, would adversely affect the company’s long-term management plan and financial foundation, among other reasons.