Source disclosure: February 13, 2026
MICRONICS JAPAN CO.,LTD. [6871.T]
TOKYO, Feb 13 (Pulse News Wire) – Micronics Japan CO.,LTD. (6871.T) decided to discontinue its share acquisition defense plan (the “Plan”) effective March 26, 2026, upon the conclusion of its 55th ordinary shareholders' meeting scheduled for that day.
At the February 13, 2026 board meeting, the company resolved to cease the Plan, which was introduced based on a resolution at the 37th ordinary shareholders' meeting held on December 21, 2007. The Plan had continued until the 52nd ordinary shareholders' meeting held on March 30, 2023, with shareholder support throughout. In recent years, there have been significant changes in approaches to acquisitions and increasing feedback from institutional investors and other shareholders.
Considering these factors, the board concluded that continuing the Plan was no longer necessary and opted to terminate it upon expiration of its term. Moving forward, the company stated that it would request sufficient time and information from those engaging in potentially harmful large-scale share purchases, enabling shareholders to make informed judgments. Additionally, the company will disclose appropriate information from the board's perspective and implement measures within the bounds allowed by securities laws and corporate regulations.
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