Last Updated: 22 May 2020
With respect to the Extraordinary General Shareholders Meeting of Inui held by Alphaleo on May 7 (the “Meeting”), we hereby disclose the voting result categorized by type of shareholders.
As shown below, at the Meeting, the number of shareholders who granted the blank proxy to Inui was 191 (including the shareholders of cross-holding with Inui), and the number of their voting rights was 96,133 (which was 42.8% of total voting rights exercised at the Meeting)(among them, the shareholders of cross-holding with Inui occupied 16.7%).
Alphaleo believes that cross-holding among Japanese listed companies destroys the corporate value because of (a) waste of corporate capital for self-protection of the management, and (b) dereliction by the management with little tense.
( Voting Result [ Total ] )
( Voting result categorized by type of shareholders ）
When we have any new items about the shareholders meeting necessary to be disclosed, we will post them on the website of “Alphaleo Holdings GK” (https://www.alphaleo-hd.jp/).
Alphaleo Holdings GK