In the Tokyo metropolitan area, which was intended to acquire Kansai Super, over the approval of a management integration plan with operating companies such as Hankyu Hanshin Department Store at an extraordinary general meeting of shareholders held by the "Kansai Supermarket" based in Hyogo and Osaka. It turned out that "OK" applied for a provisional disposition requesting an injunction of the integration procedure because there was a problem in counting the pros and cons.
Regarding Kansai Super, it is said that it had proposed an acquisition with H2O Retailing, an operating company such as Hankyu Hanshin Department Store, which signed a business integration contract in August, with the aim of expanding into Kansai. It was a battle with "OK".
Kansai Super consulted a business merger proposal with "H2O" at an extraordinary general meeting of shareholders on October 29, and was approved with barely more than two-thirds of the shareholders present for approval. However, on the 9th, it was found that "OK" will apply to the Kobe District Court for a provisional disposition seeking an injunction against the procedure for the merger.
According to Okay, a lawyer's report selected by the court to examine the General Assembly in a neutral position said, "Initially, less than two-thirds were in favor, but one shareholder who subsequently cast a white vote. In the offer, I was told that I would treat the voting right as a favor. "
For this reason, OK points out that there is a suspicion that what should have been rejected has been passed, and the battle for Kansai Super is likely to be an unusual development brought to the judiciary.