FY2027-H1First statedAnnual report
「At a meeting of the Board of Directors held on 31 July 2026, we resolved, as our opinion as of 31 July 2026 regarding the tender offer by Nippon Yusen Kabushiki Kaisha (the “Tender Offeror”) for our common shares (the “Company Shares”), that if the tender offer (the “Tender Offer”) is commenced, we will express our support for the Tender Offer and recommend that our shareholders tender their shares. The above resolution of the Board of Directors was made on the premise that the Tender Offeror intends to take the Company Shares private through the Tender Offer and a series of subsequent procedures, and that the Company Shares are scheduled to be delisted.」
A resolution was passed to support Nippon Yusen Kabushiki Kaisha’s tender offer and recommend that shareholders tender their shares, presenting a new corporate-structure objective premised on taking the shares private and delisting them through a series of subsequent procedures.