Shibuya Corporation shareholders approve updated takeover defenses

Shibuya Corporation announced today that its shareholders approved the update to its "Countermeasures Regarding Large-Scale Acquisitions of Our Shares, etc. (Policy for Responding to Takeovers)," referred to as "the Countermeasures." The approval was granted during the 77th Ordinary General Meeting of Shareholders held on September 25, 2025.

The decision to update the Countermeasures was initially made at a Board of Directors meeting on August 13, 2025, contingent on shareholder approval at today's general meeting. The proposal, listed as Agenda Item No. 4, was passed as originally drafted.

Further details regarding the contents of the updated Countermeasures are available on Shibuya Corporation's official website. A press release dated August 13, 2025, titled "Regarding the update of our countermeasures against large-scale acquisitions of our shares, etc. (policy for responding to takeovers)," can be accessed at https://www.shibuya.co.jp/pdf/news20250813-2.pdf.