Uchida Yoko renews takeover defense, announces executive changes and stock plan

Uchida Yoko announced on September 9, 2025, the renewal of its takeover defense measures, effective until the conclusion of its 87th Annual General Meeting of Shareholders on October 11, 2025. This plan, which includes provisions for gratis allotment of share options, aims to protect corporate value and shareholder interests against inappropriate large-scale share acquisitions. The company also confirmed that, as of July 20, 2025, it had not received any inquiries or offers for large-scale share purchases.

In conjunction with these corporate governance updates, Uchida Yoko also disclosed executive appointments and a restricted stock compensation plan. Keiji Takasaki is nominated as director and lead executive officer, while Toshiji Hayashi is proposed as a new full-time audit & supervisory board member, succeeding Shoichiro Takai.

Under the restricted stock compensation plan, 10,165 shares of common stock will be allotted to 6 eligible directors and 20 executive officers as restricted stock compensation, totaling 115,474,400 yen. This is based on a disposal price of 11,360 yen per share, reflecting the market price on September 8, 2025. The transfer restriction period for these shares is set for 30 years, from September 30, 2025, to September 29, 2055.