Yondoshi Holdings renews anti-takeover measures, subject to shareholder approval

Yondoshi Holdings Inc. (TSE:8008) announced its decision to renew its existing measures to combat large-scale purchases of its shares, often referred to as "anti-takeover" measures. Subject to shareholder approval at the upcoming 75th Annual General Meeting of Shareholders on May 29, 2025, the renewal aims to extend the plan's validity for another three years. The company's board, including its independent outside directors, unanimously approved the continuation, citing concerns over potential inappropriate control over the company's financial and business policies.