Komori
Governance9514EF-ON INC.Electricity and gas

Notice Regarding the Board of Directors’ Opinion on the Shareholder Proposal

The Company received shareholder proposals to amend its Articles of Incorporation to make dividend decisions matters within the authority of the General Meeting of Shareholders and to pay a dividend of ¥30 per share for the fiscal year ending June 2026. The Board of Directors resolved to oppose both proposals.

Worth reading
50Recurring
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
30
¥ per share (dividend amount proposed by the shareholder)
Wording
Definitive
How definitive the wording is.

Contents of this filing

Changes this time

The Company received shareholder proposals, and the Board of Directors resolved to oppose them.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeThe Company received shareholder proposals, and the Board of Directors resolved to oppose them.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 needs to make timely decisions on its capital and dividend policies based on growth investments, the strengthening of its business platform, financial soundness and future investment plans. In addition, the continued expansion of its electricity retail business, strengthening of the competitiveness of its woody biomass power generation business and improvement of earnings from its forestry business require ongoing investment and the maintenance of a sound financial base. The Company believes that an appropriate balance between shareholder returns and growth investment will contribute to improving corporate value over the medium to long term and serve the common interests of shareholders.

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.
Notice Regarding the Board of Directors’ Opinion on the Shareholder Proposal | EF-ON INC. (9514) timely disclosure | Komori