Nippon Suisan Kaisha, Ltd. (NISSUI), at its board of directors meeting
held on May 15, 2009, identified the basic policy on the well-being of
the party having authority over determining the company's financial and
operational policies in its aim to secure and enhance the corporate value
of the company and its group of companies. In light of this basic policy,
NISSUI, upon proposing to and obtaining approval from the 94th general
shareholder's meeting, held on June 25, 2009 (hereinafter, "the general
shareholders' meeting"), reached a resolution to implement measures
against large-volume purchase of NISSUI shares (Takeover Defense Measures)
as a way of preventing decisions over NISSUI's financial and operational
policies from being controlled by an inappropriate party.
Implementation of Measures Against Large-Volume Purchase of NISSUI Shares
(PDF)
NISSUI is also pleased to announce that, at the board of directors meeting
held after completion of the general shareholders' meeting, a resolution
was passed to approve the Operational Guidelines on the Negotiation Timetable
which have been formulated to clarify the timetable for negotiating with
the buyer, in the administration of Takeover Defense Measures approved
by the shareholders.
Operational Guidelines on the Negotiation Timetable in Takeover Defense
Measures (PDF)
