Meito Co., Ltd.
Notice Regarding Policy to Reduce Equity Holdings
To enhance medium- to long-term corporate value, the Company will reduce its equity holdings. Targeting a ratio to consolidated net assets of approx. 20% by fiscal year 2030 and approx. 10% by fiscal year 2033. Proceeds from sales will be allocated to growth investments, strengthening the business foundation, and shareholder returns.
Key Figures
- Reduction target for equity holdings: Reduce the ratio to consolidated net assets to approx. 20% in the Phase 3 medium-term plan and to approx. 10% in the Phase 4 medium-term plan
- Use of funds: Growth investments, strengthening the business foundation, shareholder returns
- Timing of disclosure: Timely disclosure depending on future sale results
AI要約
Key Points
The Company has resolved a policy to reduce its equity holdings and will, based on the existing policy of retaining holdings only for stocks whose holding is deemed meaningful, accelerate reductions to improve capital efficiency. During the Phase 3 medium-term management plan period (through the fiscal year ending March 2030), the Company aims to reduce the ratio to consolidated net assets to approximately 20%, and during the Phase 4 medium-term plan period (through the fiscal year ending March 2033), to approximately 10%.
Future Use of Funds and Disclosures
Funds generated from reductions will be used, together with operating cash flow generation, for growth investments, strengthening the business foundation, and shareholder returns. If disclosure items arise as a result of sales consistent with this policy, they will be announced promptly.
Meito Co., Ltd.
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