Kobayashi Pharmaceutical Co., Ltd.
Receipt of Partial Withdrawal of Shareholder Proposal and Agenda Items for the 108th Annual General Meeting of Shareholders
At the 108th Annual General Meeting of Shareholders scheduled for March 27, 2026, the shareholder proposal to elect one auditor was withdrawn, and the Company’s Board of Directors consented to this withdrawal.
Key Figures
- Withdrawn Shareholder Proposal: Election of One Auditor (Proposal No. 7)
- Annual General Meeting Date: 2026-03-27
- Proposing Shareholder: Oasis Japan Strategic Fund Ltd.
AI要約
Regarding Partial Withdrawal of Shareholder Proposal
Kobayashi Pharmaceutical Co., Ltd. announced that for the 108th Annual General Meeting scheduled for March 27, 2026, a partial withdrawal of the shareholder proposal to elect one auditor, which had been received from a shareholder, was made by the proposing shareholder, Oasis Japan Strategic Fund Ltd. The reason for withdrawal is that the proposal became effectively meaningless due to the transition to a company with a nominating committee, audit committee, and remuneration committee. The Company's Board of Directors consented to this withdrawal on March 3, 2026.
Agenda Items for the Annual General Meeting and Future Actions
Regarding the agenda items for this Annual General Meeting, no changes such as renumbering of proposal numbers have been made following the partial withdrawal of the shareholder proposal, and the convocation notice does not reflect the withdrawal. Shareholders will exercise voting rights on proposals number 1 through 6 (Company proposals) and numbers 8 through 10 (shareholder proposals). The proposal number 7 (election of one auditor) has been withdrawn.
