TOKYO, May 28 (Pulse News Wire) – Oricon Inc. (4800.T) decided to discontinue its share acquisition defense strategy effective at the conclusion of its 27th Ordinary General Meeting of Shareholders scheduled for June 25, 2026.
The decision was made during today's board meeting, marking the end of a policy approved at the company’s 24th Ordinary General Meeting of Shareholders held on June 28, 2023. Following changes in the operating environment and recent trends related to acquisition defense strategies, along with feedback from domestic and international shareholders and investors, the board concluded that continuing the existing strategy was no longer appropriate.
In the future, Oricon will ensure sufficient information and time for shareholders to make informed judgments should large-scale acquisitions occur post the expiration of the current strategy. The company will take appropriate measures within the bounds of applicable laws such as the Financial Instruments and Exchange Act and the Companies Act.
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