Resolutions for the General Meeting of Shareholders
Annual (fiscal 2025)Disposition of surplus
Election of 10 directors
Election of 2 Audit & Supervisory Board members
Election of 1 substitute Audit & Supervisory Board member
No
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (fiscal 2025) |
| Date and time | 25 June 2026 (Thursday), 10:00 a.m. (reception opens at 9:00 a.m.) |
| Matters for resolution | Proposal No. 1: Disposition of surplus, Proposal No. 2: Election of 10 directors, Proposal No. 3: Election of 2 Audit & Supervisory Board members, Proposal No. 4: Election of 1 substitute Audit & Supervisory Board member |
| Shareholder Proposal | No |
| Director nominee | 10 (3 new, 4 outside) |
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.Although earnings declined due to lower freight rates in the container shipping business, the Company broadly achieved its target of ¥240 billion in profit before income taxes, supported by favorable conditions in the tanker, energy and automobile transportation businesses and the weaker yen. With respect to shareholder returns, the Company states that it will follow the progressive dividend policy set out in Phase 2, starting from an annual dividend of ¥205 per share and a total payout ratio of 40%.