YOSHINOYA HOLDINGS CO.,LTD. [9861.T]
TOKYO, Apr 09 (Pulse News Wire) – Yoshinoya Holdings CO.,LTD. (9861.T) resolved at its April 9 board meeting to discontinue its acquisition defense plan effective upon the conclusion of its 69th Annual General Meeting scheduled for May 26, 2026.
The company introduced the plan in 2008 with shareholder approval and subsequently renewed it annually. However, based on feedback from domestic and international institutional investors and considering the Ministry of Economy, Trade and Industry's policies on corporate acquisitions, the board decided against extending the plan beyond its current term ending at the upcoming annual general meeting.
Following the expiration of the plan, Yoshinoya Holdings remains committed to enhancing group enterprise value and protecting shareholders' interests. In cases of large-scale share purchases that could harm shareholder commonality, the company will ensure adequate time and information for shareholders to make informed decisions.
Additionally, it will disclose the views of independent outside directors and auditors to support shareholders’ deliberation processes in accordance with applicable laws and regulations.
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