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
Yes. The proponents are not identified in the text. Proposal No. 5 concerns amendments to the Articles of Incorporation regarding cooperation with local governments along the railway lines, and Proposal No. 6 concerns amendments regarding the development of a sustainable transportation network. 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) |
| 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 | Yes. The proponents are not identified in the text. Proposal No. 5 concerns amendments to the Articles of Incorporation regarding cooperation with local governments along the railway lines, and Proposal No. 6 concerns amendments regarding the development of a sustainable transportation network. The Board of Directors opposes both proposals. |
| Director nominee | 15 candidates, including 1 new candidate and 7 outside candidates (4 of the 11 candidates under Proposal No. 3 and 3 of the 4 candidates under Proposal No. 4). |
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.The company proposals are based on shareholder returns, clarification of the company's business activities and responses to future business development, and the expiration of the terms of office of directors and directors who are Audit and Supervisory Committee Members. Regarding the shareholder proposals, the proponents stated that the Articles of Incorporation should provide for cooperation with local governments along the railway lines and the development of a sustainable transportation network. The Board of Directors opposes the proposals on the grounds that it is inappropriate to stipulate individual business execution matters in the Articles of Incorporation.