Resolutions for the General Meeting of Shareholders
Annual (39th)Appropriation of surplus
Partial Amendments to the Articles of Incorporation
Election of 11 directors, excluding directors who are Audit and Supervisory Committee Members
Election of 4 directors who are Audit and Supervisory Committee Members
Partial amendments to the Articles of Incorporation (cooperation with local governments along the railway lines)
Shareholder ProposalPartial amendments to the Articles of Incorporation (development of a sustainable transportation network)
Shareholder Proposal
The individual name of the proposer is Not disclosed. Proposal No. 5 calls for adding a provision stating that the company will reflect local voices in management and operate its business in cooperation with local communities. Proposal No. 6 calls for adding a provision stating that the company will pursue measures to enable large-scale transportation infrastructure to be developed sooner and at lower cost. The Board of Directors opposes both proposals.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (39th) |
| Date and time | 10:00 a.m. on 18 June 2026 (Thursday) (reception scheduled to open at 9:00 a.m.) |
| Matters for resolution | Proposal 1: Appropriation of surplus, Proposal No. 2: Partial Amendments to the Articles of Incorporation, Proposal No. 3: Election of 11 directors, excluding directors who are Audit and Supervisory Committee Members, Proposal No. 4: Election of 4 directors who are Audit and Supervisory Committee Members, Proposal No. 5: Partial amendments to the Articles of Incorporation (cooperation with local governments along the railway lines), Proposal No. 6: Partial amendments to the Articles of Incorporation (development of a sustainable transportation network) |
| Shareholder Proposal | The individual name of the proposer is Not disclosed. Proposal No. 5 calls for adding a provision stating that the company will reflect local voices in management and operate its business in cooperation with local communities. Proposal No. 6 calls for adding a provision stating that the company will pursue measures to enable large-scale transportation infrastructure to be developed sooner and at lower cost. The Board of Directors opposes both proposals. |
| Director nominee | 15 nominees, including 1 new nominee and 6 outside directors. Of the 11 Directors excluding Directors who are Audit and Supervisory Committee Members, 1 is a new nominee and 3 are outside directors. Of the 4 Directors who are Audit and Supervisory Committee Members, 0 are new nominees and 3 are 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 increase in the year-end dividend is based on the policy of returning profits to shareholders in a manner that reflects business performance and provides stable long-term returns. The reason for opposing the shareholder proposals is that it is inappropriate to stipulate the substance of each proposal in the Articles of Incorporation.