Inui Global Logistics Extends Share Buyout Defense Strategy Until 2029

TOKYO, May 13 (Pulse News Wire) – Inui Global Logistics CO.,LTD. (9308.T) decided to extend its share buyout defense strategy until the end of the fiscal year within three years of the upcoming extraordinary shareholders' meeting scheduled for June 19, 2026.

The board approved the continuation subject to shareholder approval at the meeting. The company's basic policy emphasizes preventing inappropriate entities from influencing its financial and operational decisions. Since introducing the initial strategy in June 2023, the firm has continuously reviewed and debated its effectiveness amid evolving economic conditions and judicial interpretations related to acquisition defenses.

Independent outside directors unanimously supported the decision, ensuring robust governance oversight. The extended plan includes requiring potential large-scale buyers to disclose comprehensive information and engage in dialogue prior to executing any significant acquisitions. This approach aims to protect long-term corporate value and shareholder interests.

Additionally, the company will establish a 60-day evaluation period for cash-only tender offers and up to 90 days for other types of large-scale purchases, allowing time for thorough assessment and negotiation.