Resolutions for the General Meeting of Shareholders
Annual (115th)Proposal for the abolition of the policy for responding to large-scale purchases of the Company’s share certificates and other securities (acquisition response policy)
Proposal for a partial amendment to the Articles of Incorporation (individual disclosure of director compensation)
Appropriation of surplus
Proposal for the acquisition of treasury shares
4 proposals submitted by LIM JAPAN EVENT MASTER FUND. The proposals concern the abolition of the acquisition response policy, an amendment to the Articles of Incorporation regarding individual disclosure of director compensation, a disposition of surplus based on ¥150 per share, and the acquisition of treasury shares up to a limit of 366,000 shares and a total acquisition cost of ¥833 million. The Board of Directors opposes all of them.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (115th) |
| Date and time | 27 May 2026 (start time: Not disclosed) |
| Matters for resolution | Proposal for the abolition of the policy for responding to large-scale purchases of the Company’s share certificates and other securities (acquisition response policy), Proposal for a partial amendment to the Articles of Incorporation (individual disclosure of director compensation), Appropriation of surplus, Proposal for the acquisition of treasury shares |
| Shareholder Proposal | 4 proposals submitted by LIM JAPAN EVENT MASTER FUND. The proposals concern the abolition of the acquisition response policy, an amendment to the Articles of Incorporation regarding individual disclosure of director compensation, a disposition of surplus based on ¥150 per share, and the acquisition of treasury shares up to a limit of 366,000 shares and a total acquisition cost of ¥833 million. The Board of Directors opposes all of them. |
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 explained that its policy for responding to acquisitions is necessary to protect the common interests of shareholders, and that the determination and disclosure of director compensation are sufficiently addressed under the current system. Regarding the disposition of surplus and the acquisition of treasury shares, the Company cited its policy of maintaining a certain level of retained earnings and a sound financial base while allocating funds to growth investments in areas including human capital, digital transformation and logistics capabilities.