KIMURA CHEMICAL PLANTS CO.,LTD. [6378.T]
TOKYO, May 28 (Pulse News Wire) – Kimura Chemical Plants CO.,LTD. (6378.T) extended its anti-takeover measures until June 23, 2023, following approval at its shareholders' meeting on May 28, 2026.
The board decided to continue the policy after reviewing recent legal changes and market trends. The revised measures include updated definitions for large-scale acquisition behaviors and additional requirements for information disclosure from potential acquirers. As of June 26, 2026, there are no proposals for significant share purchases affecting the company's major shareholder structure.
The company’s board believes that adhering to these rules ensures fair judgment by shareholders and protects the firm's value and interests. In case of non-compliance with the rules, the company reserves the right to take countermeasures against such acquisitions. Additionally, an independent committee will advise on key decisions related to these policies, ensuring unbiased evaluations.
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