Shareholders Meeting
The 96th Annual General Meeting of Shareholders
Date and Time :
Wed, June 29, 2011, at 10:00 A.M. (JPT)
Place :
Sapia Hall, Tokyo Station Conference
5th Floor, Sapia Tower
7-12, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan
Invitation :
Summary 106KB - 
Notice of Resolutions Passed in the 96th Annual General Meeting of Shareholders
Matters reported
- Operations Report, Consolidated Financial Statements, and Audit Report concerning Consolidated Statements by Accounting Auditor and the Board of Corporate Auditors for the 96th Term (from April 1, 2010 to March 31, 2011).
- Financial Statements for the 96th Term (from April 1, 2010 to March 31, 2011).
The matters above were reported to the General Meeting of Shareholders.
Matters approved
Proposal 1 Appropriation of Retained Earnings
This item was approved and resolved as originally proposed. The year-end dividend for the Term was ¥18 per share (including ¥2 commemorative dividends to celebrate the 90th aniversary of the Company's foundation). Together with the interim dividend of ¥16, the annual dividend was ¥34 per share.
Proposal 2 Election of 14 Directors
Messrs. Koji Nakao, Yutaro Shintaku, Hiroshi Matsumura, Takayoshi Mimura, Akira Oguma, Shogo Ninomiya, Kenji Sekine, Hideo Arase, Kuniko Shouji, Toshiaki Takagi, Akira Takahashi, Takeshi Isayama, Masaharu Ikuta and Tadao Kakizoe were reelected and appointed as originally proposed. Messrs. Takeshi Isayama, Masaharu Ikuta and Tadao Kakizoe are independent directors.
Proposal 3 Election of 1 Substitute Corporate Auditor
Mr. Eizaburo Sano was elected as originally proposed. Mr. Eizaburo Sano meets the criteria for external corporate auditor.
Proposal 4 Payment of Bonuses to Directors and Corporate Auditors
Directors' bonuses totaling 145,000,000 yen will be paid to 12 directors (excluding 3 independent directors) as originally proposed.
Proposal 5 Renewal of Policy for Large-scale Acquisitions of the Company's Shares (Takeover Defense Measures)
The Takeover Defense Measures introducted by the shareholders at the 93rd Annual General Meeting of Shareholders was renewed as originally proposed.
