Requests for Information and Ensuring Shareholders' Time to Consider After Abolishing Takeover Defense Measures
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If a large-scale purchase of the Company's shares is carried out after the discontinuation of its takeover defense measures, the Company will request that the purchaser and other relevant parties provide the necessary and sufficient information, while disclosing the opinions of the Board of Directors and other relevant matters, and will take appropriate measures, within the scope permitted under the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including efforts to secure time and information for shareholders to consider the matter.」
The Company has reaffirmed its policy of requesting information from the purchaser, disclosing the Board of Directors' opinion, and securing time and information for shareholder consideration even after discontinuing its takeover defense measures. - FY2019First statedAnnual report
「If a large-scale purchase of the Company's shares is carried out after the discontinuation of its takeover defense measures, the Company will request that the purchaser and other relevant parties provide the necessary and sufficient information, while disclosing the opinions of the Board of Directors and other relevant matters, and will take appropriate measures, within the scope permitted under the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including efforts to secure time and information for shareholders to consider the matter.」
As its response after discontinuing the previous takeover defense measures, the Company has presented new procedures for requesting information from the purchaser, disclosing the Board of Directors' opinion, and securing time and information for shareholders to consider the matter.