Risk of large-scale purchases that impair corporate value
First written in FY2016. 15 of 16 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 3 of 28 companies on the "Worse" side.
94 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Some unilateral large-scale purchases of shares may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. … such large-scale purchases of shares cannot be ruled out.」
The risk of purchases that could harm corporate value or the common interests of shareholders because of insufficient information or consideration time, effectively forcing shareholders to sell, and other factors has been reconfirmed. - FY2022RestatedAnnual report
「Some unilateral large-scale purchases of shares may fail to provide shareholders with sufficient information concerning the purchase to evaluate and consider its terms and method, fail to secure sufficient time for the Company’s Board of Directors to propose alternatives, or effectively force shareholders to sell their shares」
The risk of large-scale purchases that could harm corporate value or the common interests of shareholders because of insufficient information or consideration time, effectively forcing shareholders to sell, and other factors has been reconfirmed. - FY2020RestatedAnnual report
「Some unilateral large-scale purchases of shares may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. … such large-scale purchases of shares cannot be ruled out.」
The risk of large-scale purchases that could harm corporate value because of insufficient information or consideration time, effectively forcing shareholders to sell, and other factors has been reconfirmed. - FY2020-Q3RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2020-Q2RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2019-Q3RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2019-Q2RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2019-Q1RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2018RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. … such large-scale purchases of shares and other securities cannot be ruled out.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2018-Q2RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2018-Q1RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2017RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been reconfirmed. - FY2017-Q3RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of unilateral large-scale purchases that could harm corporate value or the common interests of shareholders has been restated. - FY2017-Q2RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of large-scale purchases that could harm corporate value or the common interests of shareholders has been restated. - FY2017-Q1RestatedAnnual report
「However, some unilateral large-scale purchases of shares and other securities may significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders. These include purchases where shareholders are not provided with sufficient information concerning the purchase to evaluate and consider its terms and method, where sufficient time is not secured for the Company’s Board of Directors to propose alternatives, where shareholders may effectively be forced to sell their shares, or where there is otherwise no indication of a genuine intention to conduct reasonable management.」
The risk of large-scale purchases that could harm corporate value or the common interests of shareholders has been restated. - FY2016First statedAnnual report
「It cannot be ruled out that there may be large-scale purchases of the Company’s shares and other securities that would significantly harm the Company’s corporate value and, consequently, the common interests of its shareholders.」
Purchases conducted without sufficient information or time for consideration, and actions such as effectively forcing shareholders to sell, are cited as potentially problematic conduct.