Abolition of Takeover Defense Measures and Support for Shareholder Decision-Making in the Event of a Large-Scale Acquisition
First written in FY2017-Q1. 11 of 12 entries say "Restated". Latest entry: FY2025.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We have not specifically established a “Basic Policy” concerning the manner in which persons controlling decisions on financial and business policies should be, or any “Takeover Defense Measures.”」
The latest corporate governance disclosure confirms the policy of not specifically establishing takeover defenses. - FY2020-Q3RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2020-Q2RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its basic policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2020-Q1RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its basic policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2019-Q2RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2019-Q1RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2018-Q3RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2018-Q2RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2018-Q1RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders. We also believe that the decision whether to accept a purchase proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The company has reiterated its basic policy of not categorically rejecting hostile takeovers and basing decisions on purchase proposals ultimately on the will of all shareholders. - FY2017RestatedAnnual report
「As a listed company, our Board of Directors recognizes that our shares should be freely traded. Accordingly, even a so-called hostile takeover conducted without the support of our Board of Directors will not be categorically rejected if it contributes to corporate value and the common interests of shareholders.」
Even after abolishing the takeover defenses, the company maintains its basic position that decisions on takeover proposals should ultimately be based on the will of all shareholders. - FY2017-Q2RestatedAnnual report
「Based on this decision, we abolished this plan at the conclusion of the 88th Annual General Meeting of Shareholders held on 23 June 2016. Even after abolishing the plan, we will seek to gather the information necessary for shareholders to make appropriate decisions and make timely and appropriate disclosures if a large-scale acquisition of our shares is undertaken, and will take appropriate measures within the scope permitted by laws and regulations and our Articles of Incorporation.」
The company has reiterated its policy of abolishing takeover defenses and, after their abolition, continuing to gather and disclose information and respond within the scope permitted by laws and regulations. - FY2017-Q1First statedAnnual report
「Based on this decision, we abolished this plan at the conclusion of the 88th Annual General Meeting of Shareholders held on 23 June 2016. Even after abolishing the plan, we will seek to gather the information necessary for shareholders to make appropriate decisions and make timely and appropriate disclosures if a large-scale acquisition of our shares is undertaken, and will take appropriate measures within the scope permitted by laws and regulations and our Articles of Incorporation.」
The measures for responding to large-scale acquisitions of shares were abolished on 23 June 2016, while the company states that it will continue to gather and disclose information and take measures within the scope permitted by laws and regulations after the abolition.