Shareholders' Meetings

Last updated : June 24, 2025

THE 40^th ORDINARY GENERAL MEETING OF SHAREHOLDERS
[June 19, 2025]

Date and Time : Thursday, June 19, 2025 10:00 a.m. (JST)
Venue : International Convention Center PAMIR Grand Prince Hotel Shin Takanawa 13-1, Takanawa 3-chome, Minato-ku, Tokyo

Notice of Convocation

NOTICE OF CONVOCATION - THE 40TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
(pdf: 2.9 MB) 104pages

OTHER MATTERS SUBJECT TO MEASURES FOR ELECTRONIC PROVISION - THE 40TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
(pdf: 248 KB) 43pages

DOWNLOAD ALL MATERIALS - THE 40TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
(pdf: 3.2 MB) 147pages

Situation of Resolution

Extraordinary Report
(pdf: 683 KB) 6pages

Matters Reported

Report on the Business Report, Consolidated Financial Statements and audit results of independent auditors and Audit & Supervisory Board for the 40th fiscal year (from April 1, 2024 to March 31, 2025)
Report on the Non-consolidated Financial Statements for the 40th fiscal year (from April 1, 2024 to March 31, 2025)

Matters Resolved

[Company Proposals]

First Item

Distribution of Earned Surplus

This item was resolved as proposed. A year-end dividend was set at ¥2.6 per share.

Second Item

Amendment to the Articles of Incorporation

This item was resolved as proposed.

Third Item

Election of Eleven (11) Members of the Board (excluding Audit and Supervisory Committee Members)

This item was resolved as proposed. Eleven Members of the Board (excluding Audit and Supervisory Committee Members) were elected and assumed office: Jun Sawada, Akira Shimada, Takashi Hiroi, Riaki Hoshino, Sachiko Oonishi, Patrizio Mapelli, Ken Sakamura, Yukako Uchinaga, Koichiro Watanabe, Noriko Endo, and Natsuko Takei. Ken Sakamura, Yukako Uchinaga, Koichiro Watanabe, Noriko Endo, and Natsuko Takei are Outside Members of the Board.

Fourth Item

Election of Five (5) Members of the Board who are Audit and Supervisory Committee Members

This item was resolved as proposed. Five Members of the Board who are Audit and Supervisory Committee Members were elected and assumed office: Keiichiro Yanagi, Kanae Takahashi, Kensuke Koshiyama, Hideki Kanda, and Kaoru Kashima. Kensuke Koshiyama, Hideki Kanda, and Kaoru Kashima are Outside Members of the Board.

Fifth Item

Election of One (1) Substitute Member of the Board who is an Audit and Supervisory Committee Member

This item was resolved as proposed. One Substitute Member of the Board who is an Audit and Supervisory Committee Member was elected: Natsuko Takei.

Sixth Item

Determination of Amount and Other Details of Compensation, etc. for Members of the Board (excluding Audit and Supervisory Committee Members)

This item was resolved as proposed.

Seventh Item

Determination of Amount of Compensation, etc. for Members of the Board who are Audit and Supervisory Committee Members

This item was resolved as proposed.

Eighth Item

Determination of Amount and Other Details of Performance-Related Stock Compensation, etc. to Members of the Board (excluding Outside Members of the Board, and Audit and Supervisory Committee Members)

This item was resolved as proposed.

[Shareholder Proposals (One (1) Shareholder)] (Ninth Item and Tenth Item)

Ninth Item

Amendment to the Articles of Incorporation (Prohibition against lowering the real wages of general employees other than managers and supervisors)

This item was rejected.

Tenth Item

Amendment to the Articles of Incorporation (Equal treatment of company proposals and shareholder proposals in materials for General Meetings of Shareholders and other Materials)

This item was rejected.

[Shareholder Proposals (One (1) Shareholder)] (Eleventh Item to Seventeenth Item)

Eleventh Item

Amendment to the Articles of Incorporation (Relaxing the upper limit for the number of characters in the reason section in shareholder proposals)

This item was rejected.

Twelfth Item

Amendment to the Articles of Incorporation (Formulation and disclosure of a corporate Philosophy)

This item was rejected.

Thirteenth Item

Amendment to the Articles of Incorporation (Information disclosure regarding the capital Policy)

This item was rejected.

Fourteenth Item

Amendment to the Articles of Incorporation (Criteria for nationality of Members of the Board)

This item was rejected.

Fifteenth Item

Amendment to the Articles of Incorporation (Judgment standard for resolutions of the Board of Directors)

This item was rejected.

Sixteenth Item

Distribution of earned surplus (Special dividend)

This item was rejected.

Seventeenth Item

Determination of compensation for granting stock acquisition rights as stock options to Executive Directors

This item was rejected.

[Shareholder Proposal (One (1) Shareholder)] (Eighteenth Item)

Eighteenth Item

Amendment to the Articles of Incorporation aimed at reducing the environmental impact through electronic provision of informational materials to shareholders

This item was rejected.