The Board of Directors opposes the proposal from a specific shareholder to acquire 23,941,125 shares of common stock through share buyback. The maximum acquisition amount of approximately 48.6 billion yen would hinder growth investments 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":"8818","jir_company_name":"Keihanshin Building Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/8818-20260513-05.pdf","jir_short_summary":"The Board of Directors opposes the proposal from a specific shareholder to acquire 23,941,125 shares of common stock through share buyback. The maximum acquisition amount of approximately 48.6 billion yen would hinder growth investments and shareholder returns.","jir_summary":"### Overview of the Shareholder Proposal and the Board of Directors' Position\nThe Board of Directors expresses opposition to the proposal from a specific shareholder to acquire 23,941,125 shares of common stock through share buyback. While the proposing shareholder aims to dispose of their holdings and improve corporate governance, the Board opposes this due to violations of laws, potential damage to corporate value, and obstruction of growth investments. The acquisition period is set from the conclusion of this general meeting until May 31, 2027.\n\n### Details of the Opposition and Future Outlook\nThe Board indicates that the proposal contradicts the purpose of Article 160 of the Companies Act and asserts that there is no undue pressure to sell, which would hinder enhancing corporate value. The maximum share buyback of about 48.6 billion yen would correspond to approximately 139% of the growth investment framework in the long-term management plan, and if executed, would negatively impact the financial foundation and make progressive dividend increases difficult. The company also intends to maintain its target reduction of policy-owned shares and shareholder return policies.","jir_financial_highlights":"Type of Shares to be Purchased: Common shares 23,941,125 shares (Unknown)\nEligible Acquisition Period: From the conclusion of this general meeting until May 31, 2027 (Unknown)\nTotal Amount for Share Buyback: Up to approximately 48.6 billion yen (Unknown)\nNumber of Target Shareholders: 33 companies (Unknown)\nTarget Ratio of Policy-Owned Shares to Consolidated Net Assets: Reduce to 10% or less by the fiscal year ending March 2028 (Unknown)","jir_category":"","jir_hashtags":"#KeihanshinBuilding, #ShareBuyback, #ShareholderProposal","jir_key_figures":"Number of common shares to be acquired: 23,941,125 shares\nMaximum total amount for share buyback: approximately 48.6 billion yen\nEligible period: from the conclusion of this general meeting until May 31, 2027\nNumber of target shareholders: 33 companies\nTarget ratio of policy-owned shares to consolidated net assets: reduce to 10% or less by the fiscal year ending March 2028","jir_meta_title":"\u3010Keihanshin Building\u3011Opposition to Share Buyback Proposal\uff5cMay 2026","jir_meta_description":"Keihanshin Building announced opposition from the Board of Directors to a proposal from a specific shareholder for approximately 23.94 million shares and up to 48.6 billion yen of share buyback, citing violations of laws and obstruction to growth investments.","jir_og_title":"\u3010Keihanshin Building\u3011Opposition to Share Buyback Proposal\uff5cMay 2026","jir_og_description":"The Board of Directors opposes a proposal from a specific shareholder for share buyback. The maximum acquisition of 48.6 billion yen is said to hinder corporate value enhancement.","jir_og_image_url":"\/assets\/og\/company-share_buyback.jpg","jir_chart_data_collection":"[]","ir_related_company":16670,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-49350","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n