Worth reading
15Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Response Measures for Large-Scale Purchases of Our Shares (Takeover Response Policy)TimelineThe spacing between the points is proportional to the actual number of days.
Procedures and assumptions
Special CommitteeAn independent committee will be established. The committee will consist of at least 3 members selected from outside directors, outside Audit & Supervisory Board members, or outside experts who are independent of the Company's management. The 3 individuals listed in Appendix 2 are expected to serve as members.
Conditions Precedent to ExecutionApproval by shareholders at the annual general meeting of shareholders scheduled for 25 June 2026
| Item | Details |
|---|---|
| Transaction name | Response Measures for Large-Scale Purchases of Our Shares (Takeover Response Policy) |
| Date of board resolution | 14 May 2026 |
| Execution Date / Effective Date | The policy will continue subject to approval at the annual general meeting of shareholders scheduled for 25 June 2026. Following its continuation, the effective period will run through the conclusion of the annual general meeting of shareholders scheduled for June 2029. |
| Special Committee | An independent committee will be established. The committee will consist of at least 3 members selected from outside directors, outside Audit & Supervisory Board members, or outside experts who are independent of the Company's management. The 3 individuals listed in Appendix 2 are expected to serve as members. |
| Conditions Precedent to Execution | Approval by shareholders at the annual general meeting of shareholders scheduled for 25 June 2026 |
Items this document does not state (27)
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)Impact on Business PerformanceContract 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.In addition to securing and enhancing corporate value and the common interests of shareholders, the policy is intended to secure the information and time necessary for shareholders to make decisions, while enabling negotiations with a purchaser, in light of changes in circumstances and trends among institutional investors.
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.