SINFONIA TECHNOLOGY CO.,LTD. [6507.T]
TOKYO, Apr 23 (Pulse News Wire) – Sinfonia Technology CO.,LTD. (6507.T) decided to discontinue its share acquisition defense policy effective upon the conclusion of its upcoming annual general meeting scheduled for late June April 23, 2026.
The company introduced the policy during its 84th ordinary shareholders' meeting held on June 27, 2008, aiming to ensure continuous enhancement of corporate value and shareholder interests. It was last renewed at the 99th ordinary shareholders' meeting on June 29, 2023. Following thorough deliberation considering stakeholder opinions, recent trends in acquisition defense policies, and changes in the operating environment, the board resolved to terminate the policy once its validity period expires at the end of the upcoming AGM.
Despite discontinuing the policy, Sinfonia Technology remains committed to advancing initiatives aimed at safeguarding and enhancing corporate value and shareholder interests. In cases involving potential large-scale acquisitions that could harm shareholder interests, the company will seek sufficient time and information for shareholders to make informed judgments. Additionally, it will consider appropriate measures within the bounds of applicable laws and regulations, taking into account independent external director opinions.
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