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M&A and Subsidiary Changes9082Daiwa Motor Transportation Co.,Ltd.Transportation and Logistics

Notice Regarding the Discontinuation (Abolition) of the Response Policy (Takeover Defense Measures) for Large-Scale Purchases of Our Shares

The Company has decided not to renew its takeover defense measures and to abolish them upon the conclusion of the annual general meeting of shareholders scheduled for 25 June 2026. After the abolition, the Company will continue to respond, within the scope permitted by applicable laws and regulations, to any large-scale purchase that may harm the Company's corporate value or the common interests of its shareholders.

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This transaction

Discontinuation (abolition) of this plan
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This transaction
ItemDetails
Transaction nameDiscontinuation (abolition) of this plan
Date of board resolution13 May 2026
Execution Date / Effective DateUpon the conclusion of the 119th annual general meeting of shareholders scheduled for 25 June 2026 (plan scheduled to be abolished)
Items this document does not state (29)
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 institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

This decision was made in light of changes in the Company's operating environment, recent developments concerning policies for responding to takeovers, and opinions expressed by shareholders.

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Notice Regarding the Discontinuation (Abolition) of the Response Policy (Takeover Defense Measures) for Large-Scale Purchases of Our Shares | Daiwa Motor Transportation Co.,Ltd. (9082) timely disclosure | Komori