Shareholders' Meeting - 2024
Fiscal Year 2024 Ordinary General Meeting of Shareholders
| Date and Time | Friday, March 28, 2025, at 10 a.m. (Doors open at 9 a.m.) |
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| Place | Kobe Portopia Hotel, B1F of the Main Building, Kairaku-no-ma (Room Kairaku) 6-10-1, Minatojima-Nakamachi, Chuo-ku, Kobe, Hyogo |
| Agenda （Matters to be reported） | 1.Report on the Business Report, the Consolidated Financial Statements, and the results of audit on the Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Committee for the 71st fiscal year ended December 31, 2024 (January 1, 2024 - December 31, 2024) 2. Report on the Non-Consolidated Financial Statements for the 71st fiscal year ended December 31, 2024 (January 1, 2024 - December 31, 2024) |
| Agenda （Matters to be resolved） | Proposal 1: Appropriation of the Surplus Proposal2: Partial Amendment of Articles of Association Proposal 3: Election of Five Directors (excluding Directors Who Are Audit & Supervisory Committee Members) Proposal 4: Revision of Amount of Compensation, etc. for Directors (excluding Directors Who Are Audit & Supervisory Committee Members) Proposal 5: Revision of Amount of Compensation, etc. for Audit & Supervisory Committee Member Proposal 6: Revision of Compensation for Allotment of Restricted Shares to Directors (excluding Directors Who Are Audit & Supervisory Committee Members and Outside Directors) Proposal 7: Disposal of Treasury Shares through Third-Party Allotment for the purpose of Supporting the Activities of ASICS Foundation, a General Incorporated Foundation |
| Materials for the Ordinary General Meeting of Shareholders | Notice of the 71st Ordinary General Meeting of Shareholders Partial Corrections to the Notice of the Ordinary General Meeting of Shareholders |
| Results of the Exercise of Voting Rights |
To our regret, our proposal 7 was unable to obtain the agreement of some of the shareholders, mainly institutional investors. Nevertheless, our sustained efforts to provide detailed explanations about the social significance of the ASICS Foundation and its likely contribution to creation of the medium- to long-term corporate value of the ASICS Group resulted in the understanding and agreement of a majority of shareholders, and the proposal was approved and resolved. Shareholders who did not agree with the proposal have expressed concern about possible equity dilution. To allay their concerns, we will continue to pursue profitability and capital efficiency as a listed company, thereby further increasing our corporate value. The ASICS Foundation will tackle social issues related to exercise and sports in order to contribute to the sound minds and bodies of as many people as possible and realize ASICS’ founding philosophy: Anima Sana In Corpore Sano (“A Sound Mind In A Sound Body”). From now on, we will appropriately disclose the results of this foundation’s activities. We hope to receive the support of many of you. *Major shareholders who did not support this proposal (in alphabetical order): (Certain shareholders have requested that disclosure of their names be deferred at this time. Accordingly, additional shareholder names will be added once disclosure becomes possible.) |