This transaction
Policy for Responding to Large-Scale Purchases (Takeover Response Policy)In its aviation-related business, the Company constructs and manages domestic passenger terminals. In April 2018, it made Tokyo International Airport Terminal Co., Ltd. a consolidated subsidiary and has operated its domestic and international passenger terminals as an integrated operation, conducting business as an increasingly efficient terminal operator. In its non-aviation business, the Company operates retail and other businesses at Haneda Airport, Narita International Airport, Kansai International Airport and Chubu Centrair International Airport. Using the resulting earnings as a foundation, it has worked to expand and improve its terminal buildings in response to the rapid development of the aviation industry, while also pursuing business outside airports by leveraging the expertise it has accumulated.
| Item | Details |
|---|---|
| Transaction name | Policy for Responding to Large-Scale Purchases (Takeover Response Policy) |
| Name of the Subject Company | Japan Airport Terminal Co.,ltd. |
| Business Description of the Subject Company | In its aviation-related business, the Company constructs and manages domestic passenger terminals. In April 2018, it made Tokyo International Airport Terminal Co., Ltd. a consolidated subsidiary and has operated its domestic and international passenger terminals as an integrated operation, conducting business as an increasingly efficient terminal operator. In its non-aviation business, the Company operates retail and other businesses at Haneda Airport, Narita International Airport, Kansai International Airport and Chubu Centrair International Airport. Using the resulting earnings as a foundation, it has worked to expand and improve its terminal buildings in response to the rapid development of the aviation industry, while also pursuing business outside airports by leveraging the expertise it has accumulated. |
| Date of board resolution | 15 May 2026 |
| Execution Date / Effective Date | 15 May 2026 (effective date of the revised policy). If approval at the Ordinary General Meeting of Shareholders is not obtained, the policy will expire at the close of the Ordinary General Meeting of Shareholders scheduled for 25 June 2026. If approved, it will remain effective until the close of the 85th Ordinary General Meeting of Shareholders to be held by 30 June 2029. |
| Special Committee | Established (an independent committee with 3 or more members, selected from outside directors or outside experts independent of management) |
| Conditions Precedent to Execution | Approval of the policy at the Ordinary General Meeting of Shareholders. If approval by a majority of the voting rights of the attending shareholders is not obtained, the policy will expire at the close of that meeting. |
Items this document does not state (25)
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.To enable shareholders to make informed decisions with sufficient information and time for consideration if a large-scale purchase is made, and to protect the Company's corporate value and the common interests of its shareholders. The reasons for the revision include clarifying the definitions of large-scale purchases and related matters and responding to amendments to the Financial Instruments and Exchange Act and other laws.