Measures in Response to Large-Scale Purchases and Independent Committee
First written in FY2016. 14 of 19 entries say "Restated". Latest entry: FY2026.
78 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Based on this approach, the Company decided to continue the Plan as set out below, after making the necessary revisions to the former plan.」
The Company continues the measures to respond to large-scale purchases, establishing procedures for information provision, a review period, recommendations by the independent committee and, where necessary, a general meeting to confirm shareholders' intentions, applicable to purchases of 20% or more and similar transactions. - 2026-06-01AdvancedGeneral Meetings of Shareholders
「If approval is obtained at this Ordinary General Meeting of Shareholders, the effective period will end at the conclusion of the Ordinary General Meeting of Shareholders relating to the last fiscal year ending within 3 years of the date of the approval resolution.」
The policy for responding to large-scale purchases was described in specific terms, including its continuation subject to approval at the Ordinary General Meeting of Shareholders, a 3-year effective period, an independent committee and procedures including a general meeting to confirm shareholders’ intentions. - FY2024AdvancedAnnual report
「Based on this approach, the Company decided to continue the Plan as set out below, after making the necessary revisions to the former plan.」
The Company will continue the measures to respond to large-scale purchases after revising them, and has specified procedures including a 3-year effective period, recommendations by the independent committee and, where necessary, a general meeting to confirm shareholders' intentions. - FY2022RestatedAnnual report
「Based on this approach, the Company decided to renew the Plan as set out below, after making the necessary revisions to the former plan.」
The Company continues the procedures under the measures to respond to large-scale purchases updated in 2021, including purchases of 20% or more, information provision, a review period, an independent committee and countermeasures. - FY2022-Q1RestatedAnnual report
「The transactions covered by the Plan generally comprise purchases of 20% or more of the Company's shares and other securities, other paid acquisitions or similar transactions. If a Large-Scale Purchase is undertaken, the Plan establishes procedures requiring the Large-Scale Purchaser to provide in advance the information necessary for shareholders and the Company's Board of Directors to review its details, secure a period necessary for shareholders and the Board of Directors to collect and review information concerning it, negotiate with the Large-Scale Purchaser on its terms and method where necessary, and enable the Board of Directors to respond by presenting alternative proposals to shareholders.」
The Company is restating the takeover defense measures applicable to large-scale purchases of 20% or more, comprising information provision, a review period, negotiations, the presentation of alternative proposals, an independent committee and countermeasures. - FY2021AdvancedAnnual report
「Based on this approach, the Company decided to renew the Plan as set out below, after making the necessary revisions to the former plan.」
The Company decided to renew the measures to respond to large-scale purchases after revising the former plan, establishing procedures for purchases of 20% or more, information provision, a 60-day or 90-day review period and an independent committee. - FY2020-Q3RestatedAnnual report
「The transactions covered by the Plan generally comprise purchases of 20% or more of the Company's shares and other securities, other paid acquisitions or similar transactions (collectively, "Large-Scale Purchases," and persons conducting or proposing to conduct such transactions, "Large-Scale Purchasers"). The Plan establishes procedures requiring the prior provision of information necessary for shareholders and the Company's Board of Directors to review the details of the Large-Scale Purchase, securing a period necessary for shareholders and the Board of Directors to collect and review information concerning it, negotiating with the Large-Scale Purchaser on its terms and method where necessary, and enabling the Board of Directors to respond by presenting alternative proposals to shareholders.」
The Company is restating the takeover defense procedures applicable to large-scale purchases of 20% or more, including information provision, a review period, negotiations and the presentation of alternative proposals. - FY2019-Q3RestatedAnnual report
「The transactions covered by the Plan generally comprise purchases of 20% or more of the Company's shares and other securities, other paid acquisitions or similar transactions (collectively, "Large-Scale Purchases"). If a Large-Scale Purchase is undertaken, the Plan establishes procedures requiring the person conducting or proposing to conduct it (a "Large-Scale Purchaser") to provide in advance the information necessary for shareholders and the Company's Board of Directors to review its details, secure a period necessary for shareholders and the Board of Directors to collect and review information concerning it, negotiate with the Large-Scale Purchaser on its terms and method where necessary, and enable the Board of Directors to respond by presenting alternative proposals to shareholders.」
The Company is reconfirming the takeover defense procedures applicable to large-scale purchases of 20% or more, including information provision, a review period, negotiations and the presentation of alternative proposals. - FY2019-Q2RestatedAnnual report
「The Plan establishes procedures for transactions generally involving purchases of 20% or more of the Company's shares and other securities, other paid acquisitions or similar transactions (collectively, "Large-Scale Purchases," and persons conducting or proposing to conduct such transactions, "Large-Scale Purchasers"). These procedures require the prior provision of information necessary for shareholders and the Company's Board of Directors to review the details of the Large-Scale Purchase, secure a period necessary for shareholders and the Board of Directors to collect and review information concerning the Large-Scale Purchase, negotiate with the Large-Scale Purchaser on its terms and method where necessary, and enable the Board of Directors to respond by presenting alternative proposals to shareholders.」
The Company continues to describe procedures applicable to large-scale purchases of 20% or more, including information provision, a review period, negotiations and the presentation of alternative proposals. - FY2019-Q1RestatedAnnual report
「The Plan establishes procedures for transactions generally involving purchases of 20% or more of the Company's shares and other securities, other paid acquisitions or similar transactions (collectively, "Large-Scale Purchases," and persons conducting or proposing to conduct such transactions, "Large-Scale Purchasers"). These procedures require the prior provision of information necessary for shareholders and the Company's Board of Directors to review the details of the Large-Scale Purchase, secure a period necessary for shareholders and the Board of Directors to collect and review information concerning the Large-Scale Purchase, negotiate with the Large-Scale Purchaser on its terms and method where necessary, and enable the Board of Directors to respond by presenting alternative proposals to shareholders.」
The Company continues to describe procedures applicable to large-scale purchases of 20% or more, including information provision, a review period, negotiations and the presentation of alternative proposals. - FY2018AdvancedAnnual report
「Based on this approach, at a Board of Directors meeting held on 11 May 2018, the Company decided to renew the measures to respond to large-scale purchases of the Company's shares and other securities (takeover defense measures) (the "Plan"), and the renewal was approved and adopted by shareholders at the Company's 198th Annual General Meeting of Shareholders held on 27 June 2018 (the "Annual General Meeting").」
The Company renewed its takeover defense measures, which were approved and adopted at the Annual General Meeting of Shareholders following the Board of Directors' decision. The transactions covered are generally purchases of 20% or more. - FY2018-Q3RestatedAnnual report
「The Plan requires large-scale purchasers to comply with the Plan and establishes countermeasures if a large-scale purchaser fails to comply with the Plan or if the large-scale purchase is judged likely to materially harm the Company's corporate value, the Company's interests or, ultimately, the common interests of shareholders. In general, the transactions covered by the Plan are purchases of 20% or more of the Company's shares and other securities, other paid acquisitions or similar transactions.」
The Company continues to describe the framework of takeover defense measures, requirements to comply with procedures and countermeasures applicable to large-scale purchases of 20% or more. - FY2018-Q2RestatedAnnual report
「The Plan requires large-scale purchasers to comply with the Plan and establishes countermeasures if a large-scale purchaser fails to comply with the Plan or if the large-scale purchase is judged likely to materially harm the Company's corporate value, the Company's interests or, ultimately, the common interests of shareholders.」
The Company continues to describe the framework for takeover defense measures, requirements to comply with procedures, countermeasures and the independent committee. - FY2018-Q1RestatedAnnual report
「The Plan requires large-scale purchasers to comply with the Plan and establishes countermeasures if a large-scale purchaser fails to comply with the Plan or if the large-scale purchase is judged likely to materially harm the Company's corporate value, the Company's interests or, ultimately, the common interests of shareholders.」
The Company continues to describe the framework for takeover defense measures, requirements to comply with procedures, the independent committee and countermeasures. - FY2017RestatedAnnual report
「The Plan requires large-scale purchasers to comply with the Plan and establishes countermeasures if a large-scale purchaser fails to comply with the Plan or if the large-scale purchase is judged likely to materially harm the Company's corporate value, the Company's interests or, ultimately, the common interests of shareholders.」
The Company continues to describe the framework for takeover defense measures, information provision and the review period, the independent committee and countermeasures. - FY2017-Q3RestatedAnnual report
「Based on this approach, at a Board of Directors meeting held on 19 May 2015, the Company decided to introduce measures to respond to large-scale purchases of the Company's shares and other securities (takeover defense measures) (the "Plan"), and the introduction of the Plan was approved and adopted by shareholders at the Company's 195th Annual General Meeting of Shareholders held on 25 June 2015. The Plan requires large-scale purchasers to comply with the Plan and establishes countermeasures if a large-scale purchaser fails to comply with the Plan or if the large-scale purchase is judged likely to materially harm the Company's corporate value, the Company's interests or, ultimately, the common interests of shareholders.」
The Company continues to describe the framework comprising the introduction of takeover defense measures and shareholder approval, information provision, a review period, negotiations, an independent committee and countermeasures. - FY2017-Q2RestatedAnnual report
「At a Board of Directors meeting held on 19 May 2015, the Company decided to introduce measures to respond to large-scale purchases of the Company's shares and other securities (takeover defense measures) (the "Plan"), and the introduction of the Plan was approved and adopted by shareholders at the Company's 195th Annual General Meeting of Shareholders held on 25 June 2015.」
The Company continues to describe the introduction of takeover defense measures, their approval at the Annual General Meeting of Shareholders, and the procedures and independent committee framework applicable to purchases of 20% or more. - FY2017-Q1RestatedAnnual report
「At a Board of Directors meeting held on 19 May 2015, the Company decided to introduce measures to respond to large-scale purchases of the Company's shares and other securities (takeover defense measures) (the "Plan"), and the introduction of the Plan was approved and adopted by shareholders at the Company's 195th Annual General Meeting of Shareholders held on 25 June 2015.」
The Company continues to describe the introduction of takeover defense measures and their approval at the Annual General Meeting of Shareholders, and explains the information provision, review period and independent committee framework applicable to purchases of 20% or more. - FY2016AdvancedAnnual report
「The Company believes that, because free trading in the Company's shares and other securities as a public company is permitted by its shareholders and investors, the ultimate decision on whether to accept a large-scale purchase of the Company's shares and other securities should be left to the Company's shareholders.」
The Company introduced takeover defense measures following a Board of Directors resolution in May 2015 and shareholder approval in June of the same year, establishing procedures for information provision, a review period and an independent committee for purchases of 20% or more.