Source disclosure: February 13, 2026
GungHo Online Entertainment,Inc. [3765.T]
TOKYO, Feb 13 (Pulse News Wire) – GungHo Online Entertainment,Inc. (3765.T) rejected shareholder proposals submitted by INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP and Strategic Capital Corporation ahead of its scheduled March 30 annual meeting.
The board unanimously opposed all proposals, citing concerns over their impact on long-term corporate value. In particular, the board criticized a proposal seeking significant dividend payouts, arguing such actions would undermine the company's financial stability and hinder future growth.
Additionally, the board dismissed calls for detailed game revenue disclosures, stating this could harm competitive positioning and investor understanding. Furthermore, the board also rejected a proposal aimed at acquiring shares from specific shareholders, deeming it inconsistent with legal intent and potentially harmful to governance standards.
The company emphasized its commitment to maintaining robust capital management policies aligned with shareholder interests.
AI-translated content. 🔴 Confidence: Review recommended See terms • Original filing