{"id":53709,"date":"2026-05-21T16:09:27","date_gmt":"2026-05-21T07:09:27","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8699-20260521-01_wp_general_ir\/"},"modified":"2026-05-21T16:09:27","modified_gmt":"2026-05-21T07:09:27","slug":"8699-20260521-01_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8699\/ir\/8699-20260521-01_wp_general_ir\/","title":{"rendered":"Opposition to Shareholder Proposal | May 21, 2026"},"content":{"rendered":"<p>Our company expressed opposition to a shareholder proposal at the upcoming general meeting of shareholders scheduled for June 26, 2026. Regarding the proposal, we have clarified the reasons for opposition, which stem from perspectives of cost of capital and enhancing corporate value, and oppose the proposal for these reasons.<\/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":"8699","jir_company_name":"STANDARD TOKYO","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-21","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/8699-20260521-01.pdf","jir_short_summary":"Our company expressed opposition to a shareholder proposal at the upcoming general meeting of shareholders scheduled for June 26, 2026. Regarding the proposal, we have clarified the reasons for opposition, which stem from perspectives of cost of capital and enhancing corporate value, and oppose the proposal for these reasons.","jir_summary":"### Statement on Opposition to Shareholder Proposal\nOur company expressed opposition to a shareholder proposal at the general meeting of shareholders scheduled for June 26, 2026. We have determined that the proposal lacks rationality from the perspectives of capital cost and corporate value enhancement, and therefore have taken a stance of opposition. The background and details of the proposal are published as they appear in the original shareholder proposal document.\n\n### Reasons for Opposition and Management Policy\nWe oppose the proposal because we believe it could negatively impact the company's long-term growth strategy and financial soundness. Specifically, from the perspectives of capital allocation and governance, we judge that implementing the proposal is inappropriate. Going forward, we will continue to prioritize management stability aimed at maximizing corporate value.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#STANDARD_TOKYO, #IR, #JapanStocks","jir_key_figures":"Scheduled Shareholders' Meeting Date: June 26, 2026\nProposal: Opposition to Shareholder Proposal\nReason for Proposal: Opposition from the perspective of corporate value enhancement","jir_meta_title":"\u3010STANDARD TOKYO\u3011Opposition to Shareholder Proposal | May 21, 2026","jir_meta_description":"Our company expressed opposition to a shareholder proposal ahead of the 2026 shareholders' meeting. We provide detailed explanations of the proposal and reasons for opposition.","jir_og_title":"\u3010STANDARD TOKYO\u3011Opposition to Shareholder Proposal | May 21, 2026","jir_og_description":"Opposition to Shareholder Proposal. Details of the proposal and management policy are explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17416,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-53709","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>Opposition to Shareholder Proposal | May 21, 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-8699\/ir\/8699-20260521-01_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-8699\/ir\/8699-20260521-01_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8699\/ir\/8699-20260521-01_wp_general_ir\/\",\"name\":\"Opposition to Shareholder Proposal | May 21, 2026 - 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