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Business Coach (9562) · PolicyFirst stated

Rights to Propose Directors and Prior Consent Rights, etc., in Connection with the Capital and Business Alliance with Nikkei Inc.

First written in FY2026-H1. . Latest entry: FY2026-H1.

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Shareholder Governance Agreement with a Capital and Business Alliance PartnerA theme 15 companies write about · 1 as a headwind · 10 as a tailwind

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  1. FY2026-H1First statedAnnual report

    「The capital and business alliance agreement includes the following agreements: ① Nikkei Inc. will have the right to propose up to 1 candidate for our board of directors if its voting rights ownership exceeds one-third (the “Right to Propose Director Candidates”); ② Nikkei Inc.'s prior consent will be required for certain important matters (the “Right to Prior Consent”); ③ for a specified period, Nikkei Inc. will not transfer, assign, create security interests over or otherwise dispose of our common shares and share acquisition rights issued under the capital and business alliance agreement to any third party (the “Transfer Restriction”); ④ for a specified period, without our prior written consent, Nikkei Inc. will not, itself or by instructing its subsidiaries or other entities, make or cause any additional purchases or other acquisitions of our shares (the “Restriction on Additional Purchases”); and ⑤ if an issuance of shares or other action by us results in a reduction in Nikkei Inc.'s ownership percentage, Nikkei Inc. will have the right to subscribe for our shares in proportion to its ownership percentage (the “Preemptive Subscription Right”). The agreements in ① through ⑤ are collectively referred to as the “Agreement.”」

    In connection with the capital and business alliance with Nikkei Inc., the company disclosed in detail governance agreements including the right to propose director candidates, the right to prior consent for important matters, restrictions on share transfers and additional purchases, and a preemptive subscription right.
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Rights to Propose Directors and Prior Consent Rights, etc., in Connection with the Capital and Business Alliance with Nikkei Inc. | Business Coach Inc. (9562) | Komori