Keihanshin Building Co., Ltd. expressed opposition to the shareholder\u2019s proposal for share buyback, citing legal and financial concerns. The proposing shareholder aims to facilitate share sales by policy-holding shareholders and improve corporate governance, but the Board of Directors opposes this, citing violations of laws and financial risks.<\/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":"8818","jir_company_name":"Keihanshin Building Co., Ltd.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/8818-20260513-04.pdf","jir_short_summary":"Keihanshin Building Co., Ltd. expressed opposition to the shareholder\u2019s proposal for share buyback, citing legal and financial concerns. The proposing shareholder aims to facilitate share sales by policy-holding shareholders and improve corporate governance, but the Board of Directors opposes this, citing violations of laws and financial risks.","jir_summary":"### Details of the Shareholder Proposal and the Board\u2019s Opinion\nKeihanshin Building Co., Ltd. received a proposal from a specific shareholder for share buyback at the upcoming general meeting of shareholders in June 2026, but the Board of Directors has expressed opposition. The proposal aims to promote share sales by policy-holding shareholders and improve corporate governance, but concerns include violations of laws and financial risks. In particular, issues with the period and scope of eligible shareholders, financial burdens from share buybacks, and potential negative impacts on corporate value have been pointed out.\n\n### Background of the Proposal and the Company\u2019s Viewpoint\nThe proposing shareholder intends to increase shareholder sale opportunities by acquiring shares, aiming to address issues such as weakening discipline among policy-holding shareholders and preventing disposal obstacles. However, Keihanshin Building Co., Ltd. believes that the proposal conflicts with its long-term management plan and dividend policy and could hinder the financial stability and enhancement of corporate value, strongly opposing due to concerns over legal violations and financial risks.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#KeihanshinBuilding, #IRType, #JapanStocks","jir_key_figures":"Proposing shareholder: INTERTRUST TRUSTEES (CAYMAN) LIMITED and Strategic Capital Corporation\nTotal amount for share buyback: approximately 48.6 billion yen (based on stock price as of May 12, 2026)\nNumber of shares targeted: 23,941,125 shares (exceeding the proposing shareholder\u2019s holdings)","jir_meta_title":"\u3010Keihanshin Building\u3011Opposition to Shareholder Proposal | May 2026","jir_meta_description":"Keihanshin Building opposes the shareholder proposal, citing legal violations and financial risks. Detailed background and reasons are provided.","jir_og_title":"\u3010Keihanshin Building\u3011Opposition to Shareholder Proposal | May 2026","jir_og_description":"Expresses opposition due to legal violations and financial risks. Explains detailed background and reasons.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16670,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-49349","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n