HMC » Topics » Other Rights of a Holder of Shares Representing Less Than One Unit

This excerpt taken from the HMC 20-F filed Jul 11, 2005.

Other Rights of a Holder of Shares Representing Less Than One Unit


A holder of shares representing less than one unit has the following rights:


    to receive, if any, dividends (including interim dividends),


    to receive shares or cash by way of a stock split, upon consolidation of shares or upon a capital decrease, merger, share exchange or share transfer for the purpose of making Honda a wholly-owned subsidiary of another company or upon a split-up of Honda,


    to be allotted rights to subscribe for new shares and stock acquisition rights when such subscription rights are granted to shareholders,


    to participate in any distribution of surplus assets upon the liquidation of Honda, and


    to require Honda to issue replacement certificates for lost, stolen or destroyed share certificates, if issued.



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A shareholder who owns shares representing less than one unit will not be able to exercise any other rights, including voting rights and the right to examine Honda’s accounting books and records.


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