Prior Approval Right over Actions by Odakyu Electric Railway that Would Reduce Its Voting Rights Percentage
First written in FY2018-Q4. 2 of 3 entries say "Restated". Latest entry: FY2021.
3 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The agreement stipulates that, if the company takes any action that would reduce Odakyu Electric Railway Co.,Ltd.’s voting-rights percentage, it must obtain Odakyu Electric Railway Co.,Ltd.’s prior written approval.」
The prior approval clause concerning actions that would reduce Odakyu Electric Railway Co.,Ltd.’s voting-rights percentage was reiterated. - FY2020RestatedAnnual report
「The agreement stipulates that, if the company takes any action that would reduce Odakyu Electric Railway Co.,Ltd.’s voting-rights percentage, it must obtain Odakyu Electric Railway Co.,Ltd.’s prior written approval.」
The prior approval clause concerning actions that would reduce Odakyu Electric Railway Co.,Ltd.’s voting-rights percentage was reiterated. - FY2018-Q4First statedAnnual report
「The agreement stipulates that, if the company takes any action that would reduce Odakyu Electric Railway Co.,Ltd.’s voting-rights percentage, it must obtain Odakyu Electric Railway Co.,Ltd.’s prior written approval.」
For the first time, the company described a contractual provision requiring Odakyu Electric Railway Co.,Ltd.’s prior written approval for actions that would reduce its voting-rights percentage.