Resolutions for the General Meeting of Shareholders
Extraordinary General Meeting of ShareholdersMatter concerning authorizing and instructing the Board of Directors to issue new shares through a third-party allotment debt-equity swap (DES)
Matter concerning authorizing and instructing the Board of Directors to issue share acquisition rights with an exercise price adjustment clause through a third-party allotment (subject to the approval of Proposal 1)
Proposal from H.a.N Group. The Board of Directors considers it difficult to support the proposal and is taking a neutral position.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Extraordinary General Meeting of Shareholders |
| Date and time | 24 November 2026, 10:00 a.m. (Tokyo time) |
| Matters for resolution | Proposal 1: Matter concerning authorizing and instructing the Board of Directors to issue new shares through a third-party allotment debt-equity swap (DES), Proposal 2: Matter concerning authorizing and instructing the Board of Directors to issue share acquisition rights with an exercise price adjustment clause through a third-party allotment (subject to the approval of Proposal 1) |
| Shareholder Proposal | Proposal from H.a.N Group. The Board of Directors considers it difficult to support the proposal and is taking a neutral position. |
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 explains that it submitted the shareholder proposal received from H.a.N Group as an agenda item in order to ascertain the views of shareholders as of the record date for the extraordinary general meeting of shareholders. Although the company has a weak financial base and needs to raise funds, it states that it is difficult to support the proposal because it would be difficult to assess and explain its impact on existing shareholders, given the high issuance price discount rate and dilution rate of up to 272.7%, and that it is therefore neutral.