Kirin : Results of Exercise of Voting Rights at the 176th Annual General Meeting of Shareholders
April 01, 2015 at 02:13 am EDT
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Please be advised as below the results of exercise of voting rights at the 176th Annual General Meeting of Shareholders held on March 27, 2015 (the "Meeting").
Description
(1)Details of matters resolved
Proposal No. 1: Appropriation of surplus
1. Matters regarding Year-end dividend:
(1) Matters related to the allocation of the dividend property to shareholders and the total amount thereof:
¥19 per share of the Company's common shares Total amount: ¥17,338,410,309
(2) Effective date of payment of dividend:
March 30, 2015
2. Matters concerning other appropriation of surplus:
(1) Increased surplus item and the amount thereof:
Retained earnings carried forward:¥73,000,000,000
(2) Decreased surplus item and the amount thereof:
General reserve:¥73,000,000,000
Proposal No. 2: Election of nine (9) DirectorsTo elect the following nine (9) persons as Directors: Senji Miyake, Yoshinori Isozaki , Keisuke Nishimura, Akihiro Ito, Junichi Nonaka, Toshiya Miyoshi, Shigemitsu Miki, Toshio Arima and Shoshi ArakawaProposal No. 3: Election of two (2) Audit & Supervisory Board MembersTo elect the following two (2) persons as Audit & Supervisory Board Members: Motoyasu Ishihara and Masakatsu MoriProposal No. 4: Payment of bonuses to Directors and Audit & Supervisory Board MembersTo pay bonuses of ¥86.81 million in total to seven (7) Directors who held office as of the end of the 176th fiscal year under review (of which, bonuses to two (2) Outside Directors are ¥2.0 million in total) and bonuses of ¥9.44 million in total to five (5) Audit & Supervisory Board Members who held office as of the end of the fiscal year under review (of which, bonuses to three (3) Outside Audit & Supervisory Board Members are ¥3.0 million in total).
(2)Number of voting rights exercised indicating the intention of "affirmative votes", "negative votes" or "abstentions" for each proposal, the requirements for approval and voting results thereof
Proposal:
Number of affirmative votes
Number of negative votes
Number of abstentions
Voting results
Ratio of affirmative votes
Approved/
Disapproved
Proposal No. 1
Appropriation of surplus
6,603,569
7,745
17,127
94.77
Approved
Proposal No. 2
Election of nine (9) Directors
Senji Miyake
5,453,279
1,164,204
10,614
78.26
Approved
Yoshinori Isozaki
5,496,992
1,120,491
10,614
78.89
Approved
Keisuke Nishimura
6,529,498
84,095
14,506
93.70
Approved
Akihiro Ito
6,530,050
83,543
14,506
93.71
Approved
Junichi Nonaka
6,529,684
83,909
14,506
93.71
Approved
Toshiya Miyoshi
6,529,927
83,666
14,506
93.71
Approved
Shigemitsu Miki
6,341,321
278,915
7,866
91.00
Approved
Toshio Arima
6,548,809
71,424
7,870
93.98
Approved
Shoshi Arakawa
6,563,646
56,589
7,870
94.19
Approved
Proposal No. 3
Election of two (2) Audit & Supervisory Board Members
Motoyasu Ishihara
6,534,421
86,123
7,868
93.77
Approved
Masakatsu Mori
6,610,325
10,218
7,872
94.86
Approved
Proposal No. 4
Payment of bonuses to Directors and Audit & Supervisory Board Members
6,377,282
243,269
8,027
91.52
Approved
(Notes) 1. The total number of voting rights of the shareholders eligible to exercise voting rights was 9,108,044.
2. The requirements for approval for each matter resolved were as follows:
Proposal Nos. 1 and 4
Approval by a majority vote of the shareholders who are present at the Meeting and eligible to exercise voting rights
Proposal Nos. 2 and 3
Approval by a majority vote of the shareholders present at the Meeting who hold shares representing in aggregate not less than one-third (1/3) of the voting rights of all shareholders who are eligible to exercise voting rights
(3)Reason why a portion of the number of voting rights of the shareholders present at the Meeting was not included in the number of voting rights exercised indicating the intention of "affirmative votes", "negative votes" or abstentions
The aggregated number of voting rights exercised prior to the Meeting using the Voting Rights Exercise Form or via the Internet and so on and the number of voting rights of the shareholders present at the Meeting whose intention of approval was confirmed, were sufficient to meet the requirements to approve each proposal in accordance with the Corporate Law. Accordingly, the number of voting rights of the shareholders present at the Meeting whose intention of approval, disapproval or abstention could not be confirmed were not counted.
Kirin Holdings Inquiry Form: http://www.kirinholdings.co.jp/english/customer/
Kirin Holdings Web Site: http://www.kirinholdings.co.jp/english/
Kirin Holdings Company, Limited is a holding company organized around 3 areas of activity:
- production of beverages (61.6% of net sales): beers, wines and liqueurs (brands Budweiser, Guinness, Heineken, Franzia, Frontera, etc.), carbonated beverages (brands Kirin Lemon), fruit juices (Kirin Tropicana), mineral water (Volvic and Kirin Alkali-Ion-no-Mizu), coffees (Kirin Fire), teas (Kirin Gogo-no-kocha), dairy products etc.;
- manufacturing of pharmaceutical products (19.3%): especially for anemia and allergies treatment;
- other (19.1%) : mainly manufacturing of food products (seasonings, food additives, etc.).
Net sales break down geographically as follows: Japan (64.1%), Oceania (9.6%), America (17.5%) and other (8.8%).