In response to shareholder proposals, opposing the matters of share buyback and the amendment to fix the number of outside directors. Reaffirms dividend policy and capital allocation in line with the medium-term plan, emphasizing capital efficiency and shareholder returns.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4326","jir_company_name":"Inage Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/4326-20260825-04.pdf","jir_short_summary":"In response to shareholder proposals, opposing the matters of share buyback and the amendment to fix the number of outside directors. Reaffirms dividend policy and capital allocation in line with the medium-term plan, emphasizing capital efficiency and shareholder returns.","jir_summary":"### Background and Proposal\nThis report informs that the Board of Directors opposes shareholder proposals to be presented at the Ordinary General Meeting of Shareholders scheduled for September 25, 2026. The proposals are: (i) share buyback; (ii) amendment of the Articles of Incorporation to fix the number of outside directors. The contents of the proposals are attached in full.\n\n### Analysis and Conclusion\nThe Board places emphasis on balancing capital efficiency and shareholder returns while ensuring growth investments, and determines that excessive share buybacks are inappropriate. It intends to maintain the profit distribution policy (progressive dividends, final year consolidated payout ratio of 50%, and DOE levels) during the mid-term plan. Regarding fixing the outside directors ratio via Articles of Incorporation, the Board expresses concerns about reducing flexibility and opposes the proposal.","jir_financial_highlights":"Consolidated dividend payout ratio: unknown (unknown)\nDividends: unknown (unknown)","jir_category":"","jir_hashtags":"#InageHoldingS_interest_proposal_opinion","jir_key_figures":"Consolidated dividend payout ratio target: 50% (final year 2026)\nDOE target: 5.5% (2026)\nROE target: 12% (during the 15-term mid-term plan)\nShare buyback cap: about 5% (total acquisition value 3,840,000,000 yen)","jir_meta_title":"\u3010Inage Holdings\u3011 Board of Directors\u2019 Opinion on Shareholder Proposals | August 25, 2026","jir_meta_description":"Inage Holdings discloses opposition to the shareholder proposals regarding share buyback and amendment of the number of outside directors at the 54th Ordinary General Meeting of Shareholders, reiterating the mid-term plan for dividends and capital efficiency.","jir_og_title":"\u3010Inage Holdings\u3011 Opposition to Shareholder Proposals | 2026\/08\/25","jir_og_description":"Disclosure of the Board of Directors\u2019 opinion on shareholder proposals. While continuing to emphasize capital efficiency and shareholder returns, questions are raised about fixing the ratio of outside directors via Articles of Incorporation.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17008,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-106947","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n