Kyocera Board Rejects Activist Oasis’s Shareholder Proposals Ahead of June AGM

Kyocera ( (JP:6971) ) has shared an announcement.

Kyocera’s board of directors has unanimously decided to oppose a set of shareholder proposals submitted by activist investor Oasis ahead of the company’s June 25, 2026 annual general meeting. The proposals call for expanded share repurchases, the removal of director Goro Yamaguchi, and the election of Oasis-backed candidate Kotaro Okamura as an outside director and member of the Audit & Supervisory Committee.

The board argues that its previously announced share buyback program of up to ¥500 billion through fiscal 2028 strikes the right balance between funding growth investments and delivering stable shareholder returns. It further says there is no reasonable basis to dismiss Yamaguchi, highlighting his role in driving strategic transformation and governance reforms, and contends that adding Okamura would not enhance board effectiveness or corporate value given the current board’s size, skills mix, and audit structure, which it deems already appropriate and sufficient.

The most recent analyst rating on (JP:6971) stock is a Buy with a Yen2700.00 price target. To see the full list of analyst forecasts on Kyocera stock, see the JP:6971 Stock Forecast page.

More about Kyocera

Kyocera Corporation is a Japan-based multinational operating in electronics and advanced materials, known for products such as electronic components, devices, and communications equipment. Listed on the Tokyo Stock Exchange Prime Market, the company focuses on combining growth investments with stable shareholder returns while advancing strategic business transformation and governance reforms.

YTD Price Performance: 32.77%

Average Trading Volume: 5,249,650

Technical Sentiment Signal: Buy

Current Market Cap: Yen4062.5B

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