【Nishikawa Rubber】Continuing and Modifying Takeover Defense Measures | May 2026

Continuation and Changes to Takeover Defense Measures

Nishikawa Rubber had implemented takeover defense measures with an effective period ending at the shareholders' meeting in June 2026; however, the company has indicated its intention to continue these measures following some modifications from the original plan, considering the perspectives of corporate value and shareholder interests. The review of the measures includes clarifying the scope of acquisition targets, procedures for confirming shareholder intentions, and revising relevant provisions. The Board of Directors unanimously decided to continue the measures, contingent upon approval at the June 2026 shareholders' meeting.

Strengthening Corporate Strategy and Governance

Under the corporate philosophy of 'Integrity, Innovation, Safety,' Nishikawa Rubber is committed to enhancing long-term corporate value by advancing its business strategies and capital policy based on its medium- to long-term management plan for 2030. The company is working to improve capital efficiency, promote sustainability, and elevate corporate governance. Notably, it is strengthening shareholder returns through share buybacks and dividend policies aimed at maximizing corporate value.