TOKYO, May 13 (Pulse News Wire) – Pegasus CO.,LTD. (6262.T) introduced measures against large-scale share buybacks conducted by Be Brave Co., Ltd.
Following Be Brave's significant increase in shareholding to approximately 6.34% (approximately 6.58% voting rights) as reported on November 12, 2025, PEGASUS' board decided on basic principles aimed at ensuring and enhancing shareholder interests. These principles include preventing inappropriate individuals from influencing the company’s financial and operational policies. Since November 12, 2025, Be Brave has steadily increased its stake without disclosing clear objectives or timelines, raising concerns among shareholders. On February 20, during a meeting with PEGASUS, Be Brave demanded continuous dividend payouts and threatened potential further purchases up to 30% shares, potentially gaining substantial influence over the company's operations.
In light of these developments, PEGASUS’ board adopted a policy requiring detailed information from major buyers, including their intentions, methods, and post-buyback plans. This move aims to protect the company’s value and ensure fair decision-making processes for all stakeholders. Additionally, PEGASUS outlined its commitment to long-term growth strategies, focusing on expanding product lines and increasing production capabilities in key markets. The company also emphasized investments in human capital and strategic financial planning to bolster its competitive edge globally.
🟡 Confidence: Standard AI-translated content.