Introduction of a Policy for Responding to Large-Scale Purchases and Other Actions (Acquisition Response Policy)
First written in FY2026. . Latest entry: FY2026.
6 other companies' latest entry also says "First stated".
- FY2026First statedAnnual report
「At a meeting of its Board of Directors held on 27 April 2026, the Company adopted a basic policy concerning the manner in which persons controlling decisions on the Company's financial and business policies should be determined, for the purpose of securing and enhancing the Company's corporate value and, ultimately, the common interests of its shareholders. It also resolved to introduce the following policy for responding to large-scale purchases and other actions involving the Company's shares (takeover response policy), as an initiative to prevent the Company's financial and business policy decisions from being controlled by an inappropriate person in light of the basic policy concerning control of the Company. In addition, the resolution for approval of this plan was submitted to and approved at the Company's Annual General Meeting of Shareholders held on 26 June 2026.」
The Company introduced a takeover response policy under which large-scale purchasers are requested to provide the necessary information, and the Board of Directors evaluates the proposal, announces its opinion and presents alternatives. The policy applies to purchase actions resulting in a voting rights ratio of 20% or more, and is effective from 26 June 2026 until the conclusion of the Annual General Meeting of Shareholders in 2029. - 2026-06-04First statedGeneral Meeting of Shareholders
「At a meeting of the Company's Board of Directors held on 27 April 2026, the Company resolved to establish a basic policy regarding the manner in which persons should control decisions on the Company's financial and business policies, with the aim of securing and enhancing the Company's corporate value and, ultimately, the common interests of its shareholders. The Board also resolved to introduce the following Policy for Responding to Large-Scale Purchases and Other Actions in respect of the Company's shares (Takeover Response Policy), as a measure to prevent the Company's financial and business policy decisions from being controlled by an inappropriate person in light of the basic policy concerning control of the Company.」
The Company presented for the first time, as an agenda item for a general meeting of shareholders, the introduction of a takeover response policy comprising requests for information from large-scale purchasers, evaluation and consideration by the Board of Directors, referral to the Independent Committee for its opinion, and countermeasures where necessary.