Source disclosure: February 03, 2026
NIHONWASOU HOLDINGS,INC. [2499.T]
TOKYO, Feb 03 (Pulse News Wire) – Nihonwasou Holdings,inc. (2499.T) rejected a shareholder proposal submitted by major shareholder Yoshioka Shige Hisashi for the upcoming annual general meeting scheduled for March 27, 2026.
The board cited concerns over corporate governance inconsistencies, potential conflicts of interest involving non-profit organizations, disruption to operational continuity, and insufficient consideration for employee impact. Specifically, the proposal would replace eight directors and three auditors simultaneously, raising doubts about maintaining stable operations and decision-making processes.
In recent years, the company reported revenues of ¥4.504 billion in 2023 and projected ¥4.485 billion for 2025. Despite a decline in revenue last year, the stock price increased by 17.9% percent from January 6, 2025, to December 30, 2025.
The company has maintained consistent dividend payouts since 2021, including special dividends in certain months.
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