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3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

The Poison Pill is suspected of having been introduced and Invoked for the purpose of management entrenchment, and 3D will make every effort to enjoin Invoking it for the common interests of all shareholders.

TOKYO--(BUSINESS WIRE)-- A fund to which 3D Investment Partners Pte. Ltd. (together with the funds, “3D” or “we”) provides discretionary investment management services has held shares of Toho Holdings Co., Ltd. (TSE: 8129, “Toho HD”) continuously since it began investing in

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

3D Files Petition for Provisional Disposition Order Seeking Injunction Against the Invoking of Toho HD’s Poison Pill

Thu, 20 Aug 2026 23:00:00 -0400

The Poison Pill satisfies neither the necessity nor the reasonableness required for its Invoking and should never have been Invoked in the first place.

Publication of 3D's Views on Toho Holdings' FAQs

Tue, 16 Jun 2026 23:00:00 -0400

Toho HD's FAQs presents no specific evidence to rebut 3D's disclosures in its responses to any of its 17 questions; rather, through the concealment of important information and explanations contrary to fact, it further deepens the suspicion that the Poison Pill is being invoked for the purpose of entrenchment

We respectfully ask shareholders to review the Materials (as defined below) and 3D's publicly disclosed materials and to vote against Proposal No. 4 at the Annual General Meeting of Shareholders

TOKYO--(BUSINESS WIRE)-- The funds for which 3D Investment Partners Pte. Ltd. provides discretionary investment management services (3D Investment

Publication of 3D's Views on Toho Holdings' FAQs

Tue, 16 Jun 2026 23:00:00 -0400

We respectfully ask shareholders to review the Materials (as defined below) and 3D's publicly disclosed materials and to vote against Proposal No. 4 at the Annual General Meeting of Shareholders

TOKYO--(BUSINESS WIRE)-- The funds for which 3D Investment Partners Pte. Ltd. provides discretionary investment management services (3D Investment

Publication of 3D's Views on Toho Holdings' FAQs

Tue, 16 Jun 2026 23:00:00 -0400

We respectfully ask shareholders to review the Materials (as defined below) and 3D's publicly disclosed materials and to vote against Proposal No. 4 at the Annual General Meeting of Shareholders

TOKYO--(BUSINESS WIRE)-- The funds for which 3D Investment Partners Pte. Ltd. provides discretionary investment management services (3D Investment

Publication of 3D's Views on Toho Holdings' FAQs

Tue, 16 Jun 2026 23:00:00 -0400

We respectfully ask shareholders to review the Materials (as defined below) and 3D's publicly disclosed materials and to vote against Proposal No. 4 at the Annual General Meeting of Shareholders

TOKYO--(BUSINESS WIRE)-- The funds for which 3D Investment Partners Pte. Ltd. provides discretionary investment management services (3D Investment

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

TOKYO--(BUSINESS WIRE)-- 3D Investment Partners Pte. Ltd., who provides discretionary investment management services to an investment fund which is a shareholder of Toho Holdings Co., Ltd. (TSE: 8129, "Toho HD" or “the Company”) (“3D” or “we”), announced that Glass, Lewis & Co. (“Glass Lewis”), a leading independent provider of proxy research and voting recommendations for the institutional investor community, has recommended that shareholders of Toho HD vote AGAINST Proposal 4 (Gratis allotment of stock acquisition rights

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Partners: Leading Proxy Advisory Firm Glass Lewis Recommends Toho Holdings Shareholders Vote “AGAINST” the Proposed Poison Pill

Tue, 09 Jun 2026 03:00:00 -0400

Highlights “substantial governance concerns” with Toho HD’s disproportionate response

Concludes that the Poison Pill may not be in shareholders' best interests

3D Investment Releases White Paper Presentation, Manga (Comic), and Dedicated Website to Call On Shareholders to Vote “AGAINST” Toho HD’s Proposed Poison Pill Invocation at the June AGM

Mon, 01 Jun 2026 02:30:00 -0400

The Poison Pill defends against no legitimate threat; 3D's acquisition of additional shares is not aimed at seizing management control, nor does it impair corporate value or the common interests of shareholders.

The Board lacks the sufficient independence required to prevent management from abusing the Poison Pill for self-protection. Notably, this Pill was introduced just two months after 3D surfaced suspected, repeated misconduct (bid-rigging) by incumbent executives.

The Poison Pill endorses that entrenchment and weakens managerial discipline, locking shareholders into recent underperformance and a flawed new mid-term plan.

TOKYO--(BUSINESS WIRE)-- A fund to which 3D Investment Partners