{"id":47170,"date":"2026-05-12T14:56:49","date_gmt":"2026-05-12T05:56:49","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9119-20260512-02_wp_general_ir\/"},"modified":"2026-05-12T14:56:49","modified_gmt":"2026-05-12T05:56:49","slug":"9119-20260512-02_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9119\/ir\/9119-20260512-02_wp_general_ir\/","title":{"rendered":"\u3010Iino Marine\u3011Opposition to Shareholder Proposal \uff5c May 2026"},"content":{"rendered":"<p>Iino Marine &#038; Engineering unanimously opposes the shareholder proposal and has expressed opinions on share buyback, dividend policy, and share repurchase. The content aims to improve capital policy and corporate governance.<\/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":"9119","jir_company_name":"Iino Marine & Engineering Co., Ltd.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/9119-20260512-02.pdf","jir_short_summary":"Iino Marine & Engineering unanimously opposes the shareholder proposal and has expressed opinions on share buyback, dividend policy, and share repurchase. The content aims to improve capital policy and corporate governance.","jir_summary":"### Board of Directors' Opinion on the Shareholder Proposal\nIino Marine & Engineering received the shareholder proposal on April 16, 2026, but the board unanimously decided to oppose it. The proposal includes abolition of defense measures, amendments to the articles of incorporation, disposal of surplus funds, and share buyback, among others. The board questioned the necessity and rationality of continuing defense measures, dividend policies, and share repurchase, and opposed from the viewpoint of long-term corporate value enhancement and governance improvement.\n\n### Future Policy and Corporate Governance\nThe company emphasizes enhancing shareholder value and strengthening governance, proposing the abolition of defense measures and individual disclosure of director compensation. Against the backdrop of a depressed stock price and sub-1 PBR, there is a focus on reforming management awareness and improving capital efficiency. Regarding share buyback and dividend policy, the company aims to maintain long-term growth and financial soundness while appropriately returning value to shareholders.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#IinoMarine, #IRTypeGeneral, #JapanStocks","jir_key_figures":"Shareholder proposal contents: abolition of defense measures, amendments to articles of incorporation, disposal of surplus funds, share buyback\nPlanned share buyback amount: 7.3 billion yen (4 million shares)\nDividend forecast: 136 yen per share (fiscal year ending March 2026)","jir_meta_title":"\u3010Iino Marine\u3011Opposition to Shareholder Proposal \uff5c May 2026","jir_meta_description":"Iino Marine & Engineering unanimously opposes the shareholder proposal, expressing opinions on defense measures, dividend policy, and share buyback. Aiming to improve governance.","jir_og_title":"\u3010Iino Marine\u3011Opposition to Shareholder Proposal \uff5c May 2026","jir_og_description":"Iino Marine opposes the shareholder proposal and expresses views on improving governance and capital policy. Prioritizing long-term corporate value enhancement.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9222,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-47170","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u3010Iino Marine\u3011Opposition to Shareholder Proposal \uff5c May 2026 - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9119\/ir\/9119-20260512-02_wp_general_ir\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9119\/ir\/9119-20260512-02_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9119\/ir\/9119-20260512-02_wp_general_ir\/\",\"name\":\"\u3010Iino Marine\u3011Opposition to Shareholder Proposal \uff5c May 2026 - 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