Risk of Erosion of Corporate Value from Large-Scale Acquisitions
First written in FY2016. 8 of 10 entries say "Restated". Latest entry: 2026-09-07.
The whole theme swung hardest in 2025: 3 of 27 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- 2026-09-07Otherwww.nikkei.com
「It was learned on the 7th that 3D Investment Partners, a Singapore-based investment fund known as an activist investor, had increased its stake in J. FRONT RETAILING to 10.32%.」
A new fact was reported concerning the risk of large-scale acquisition activity: an external investor's stake had exceeded 10%, raising the possibility of important proposal actions. - FY2019-Q3RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges.」
Although no takeover defense measures have been established, the company has reconfirmed its basic policy of obtaining and considering information about the acquirer and, where necessary, taking action based on the recommendations of the independent committee. - FY2019-Q2RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges.」
Although no takeover defense measures have been established, the company has reconfirmed its basic policy of taking necessary and appropriate action based on the recommendations of the independent committee. - FY2019-Q1RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges.」
Although no takeover defense measures have been established, the company has reconfirmed its basic policy of taking necessary and appropriate action based on the recommendations of the independent committee. - FY2018-Q3RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges.」
Although no takeover defense measures have been established, the company has reconfirmed its basic policy of obtaining and considering information about the acquirer and, where necessary, taking countermeasures based on the recommendations of the independent committee. - FY2017RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges.」
Although no takeover defense measures have been established, the company has reconfirmed its basic policy of taking necessary and appropriate action based on the recommendations of the independent committee. - FY2017-Q3RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges. However, if one does emerge, we believe it will be necessary to carefully consider the impact of the acquisition activity on our group's corporate value after obtaining information about the acquirer, including its attributes, the purpose of the acquisition activity, its proposed financial and business policies, and its policies toward shareholders, customers, business partners and employees of our group, the local communities surrounding our group and other stakeholders, in order to prevent damage to our group's corporate value.」
Although no takeover defense measures have been established, the company has reiterated its basic policy of obtaining and considering information about the acquirer and, where necessary, taking countermeasures based on the recommendations of the independent committee. - FY2017-Q2RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges.」
Although no takeover defense measures have been established, the company has reiterated its basic policy of considering the impact on corporate value and, where necessary, taking countermeasures based on the recommendations of the independent committee. - FY2017-Q1RestatedAnnual report
「At present, we have not established any specific measures, commonly referred to as takeover defense measures, to be taken if a large-scale acquirer emerges. However, if one does emerge, we believe it will be necessary to carefully consider the impact of the acquisition activity on our group's corporate value after obtaining information about the acquirer, including its attributes, the purpose of the acquisition activity, its proposed financial and business policies, and its policies toward shareholders, customers, business partners and employees of our group, the local communities surrounding our group and other stakeholders, in order to prevent damage to our group's corporate value.」
Although no takeover defense measures have been established, the company has reiterated its basic policy of taking necessary countermeasures based on the recommendations of the independent committee. - FY2016First statedAnnual report
「Some large-scale acquisition activities may pose a serious risk of impairing the corporate value of our group, including activities that, in light of their purpose and other factors, would clearly damage the corporate value of our group, those that could effectively force shareholders to sell their shares in our company, and those that fail to provide the board of directors or shareholders with sufficient time or information to consider the proposal of the large-scale acquirer or for the board to propose an alternative plan.」
Although no takeover defense measures have currently been established, the company has indicated that it will take necessary countermeasures based on the recommendations of the independent committee.