Source disclosure: January 22, 2026
SAWAFUJI ELECTRIC CO.,LTD. [6901.T]
TOKYO — Sawa Fuji Electric Co., Ltd. (Code No. 6901, Tokyo Standard) announced on January 22, 2026, that its board has set a reference date for convening an extraordinary shareholders' meeting scheduled to take place around mid-April 2026. The company's representative director, Mr. Taiju Shimoyama, stated this decision was made during today’s board meeting.
The company has designated February 18, 2026, as the record date to determine eligible shareholders who will be able to exercise their voting rights at the upcoming extraordinary general meeting. This means only those shareholders whose names appear on the final register of shareholders as of the record date will have the right to vote. The announcement regarding this record date is scheduled to be published on February 3, 2026, and will also be available on the company's official website.
Furthermore, Sawa Fuji Electric disclosed that ARTS-4 Corporation, which initiated a tender offer for the company's shares, intends to request an extraordinary shareholders' meeting if it fails to acquire all outstanding common shares except those held by Hino Motors Ltd. and self-held shares. According to the company's previous announcement dated December 19, 2025, ARTS-4 plans to propose a share consolidation under Article 180 of the Companies Act (Law No. 86 of 2005), along with amendments to abolish the minimum unit holding requirement contingent upon the effectiveness of such consolidation. Both ARTS-4 and Hino Motors have indicated they intend to support these proposals at the shareholders’ meeting. Details about the exact date, time, venue, and agenda items for the extraordinary shareholders' meeting will be communicated once finalized. If the tender offer does not succeed, however, the company will refrain from convening the meeting and will not utilize the aforementioned record date.
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