Nippon Parking Development shareholders approve all proposals, including dividend

Nippon Parking Development confirmed on October 27, 2025, that all six proposals put forth at its 34th Annual General Meeting of Shareholders, held on October 23, 2025, received approval. Key resolutions included the appropriation of surplus, which involved a cash dividend of ¥8.00 per share, totaling ¥2,556,513,728, effective October 24, 2025. This proposal saw a 99.34% approval ratio from the 2,444,532 voting rights exercised.

Shareholders also approved the election of 13 directors, including Kazuhisa Tatsumi, who received a 94.21% approval, and the election of Hiroshi Kase as an audit & supervisory board member with 99.23% approval. Arisa Nakamura was elected as an alternate audit & supervisory board member, also with high approval.

Furthermore, a revision to directors' remuneration was approved, setting the maximum at ¥500 million per year, with up to ¥100 million allocated for outside directors, achieving a 96.75% approval ratio. The issuance of stock acquisition rights as stock options for directors and employees also passed with a 94.41% approval.