A shareholder proposal requested a treasury stock acquisition, but the board opposed it. The company will maintain its dividend policy while ensuring stable liquidity to pursue mid- to long-term corporate value enhancement. The proposed cap is 440,000 shares with an assumed total amount cap of approximately 50 hundred million yen. 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The company will maintain its dividend policy while ensuring stable liquidity to pursue mid- to long-term corporate value enhancement. The proposed cap is 440,000 shares with an assumed total amount cap of approximately 50 hundred million yen. The company expects to meet market liquidity requirements and listing maintenance standards.","jir_summary":"### Key Points\nThis proposal is a shareholder proposal requesting a treasury stock acquisition, but the board opposes it, prioritizing financial stability and the dividend policy. The board emphasizes shareholder returns and strengthening the financial position over the mid to long term, and intends to continue a policy centered on stable dividends and internal reserves rather than using cash and deposits for share repurchases.\n\n### Impact and Future Policy\nWhile the proposal argues that an acquisition would likely enhance shareholder value, the company, considering its high level of cash assets, low ROE, and the undervaluation implied by actual PBR, will maintain its current basic policy of shareholder returns. To respond to changing market conditions, the company will continue to make agile decisions while prioritizing stable dividends and maintaining internal reserves.","jir_financial_highlights":"Cap on treasury stock acquisition (number of shares): 440,000 shares (New proposal)\nCap on total acquisition amount: 500,000,000 yen (New proposal)","jir_category":"","jir_hashtags":"#Chuokeizai-ShaHoldings_NoChangeInformation #NoticeRegardingTreasuryStockAcquisition","jir_key_figures":"Cap on treasury stock acquisition (number of shares): 440,000 shares\nCap on total acquisition amount: 500,000,000 yen\nCash and deposits: 2,040,255 thousand yen (as of June 30, 2026)\nNet cash: 1,930,061 thousand yen\nShare price: 935 yen","jir_meta_title":"Chuokeizai-Sha Holdings, Inc. \u2014 Board View on Shareholder Proposal: Reasons for Opposing Treasury Stock Acquisition","jir_meta_description":"Chuokeizai-Sha Holdings, Inc. has expressed the board's opposition to the shareholder proposal on treasury stock acquisition submitted for the 89th Annual General Meeting of Shareholders, detailing a policy that prioritizes financial stability and the dividend policy.","jir_og_title":"Board Opinion on Shareholder Proposal | Opposition to Treasury Stock Acquisition","jir_og_description":"Chuokeizai-Sha Holdings, Inc. states its opposition to the shareholder proposal for treasury stock acquisition, explaining a policy that prioritizes stable dividends and preservation of cash on hand.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60551,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-148138","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n