Mitsuba Corporation
【Mitsuba】Board of Directors’ Opinion on Shareholder Proposal and Dividend Policy｜May 2026
Mitsuba Corporation expressed opposition to the shareholder proposal at the June 2026 General Meeting of Shareholders, emphasizing the importance of dividend policy and internal reserves.
Key Figures
- Proposed dividend amount: 100 yen per share (proposed)
- Shareholder proposer: 1 individual shareholder, holding 300 voting rights
- Board resolution: Opposed
AI要約
Shareholder Proposal and Board of Directors' Opinion
The Mitsuba Board of Directors expressed opposition to the proposal from shareholders regarding dividends. The proposal requests amendments to the Articles of Incorporation concerning dividends and the implementation of high dividend payouts. In response, the Board prioritized management stability and mid- to long-term corporate value enhancement, resolving to oppose the proposal.
Dividend Policy and Management Strategy
The company maintains its fundamental policy of strengthening its management foundation and providing stable profit returns to shareholders. It plans to allocate internal reserves to research, development, and investments. The proposed high dividends and increased payouts are viewed as short-term shareholder returns, which do not contribute to the long-term enhancement of corporate value.
Mitsuba Corporation
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