Information Provision, Evaluation Period and Countermeasures for Large-Scale Purchase Actions
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
37 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「At a meeting of the Board of Directors held on 27 April 2018, we resolved not to continue this plan.」
The takeover defense measures were scheduled to expire at the conclusion of the Annual General Meeting of Shareholders held on 28 June 2018, and the decision not to continue them was made on 27 April 2018. - FY2018-Q3RestatedAnnual report
「The Large-Scale Purchase Rules require (1) the provision of necessary and sufficient information, hereinafter referred to as the “Required Information,” for shareholders to make decisions and for our Board of Directors to formulate an opinion, and (2), after the Required Information has been provided, a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors, hereinafter referred to as the “Board Evaluation Period.”」
The takeover defense measures are reiterated, securing the provision of required information and an evaluation period of up to 60 or 90 days by the Board of Directors. - FY2018-Q1RestatedAnnual report
「These measures apply to large-scale purchases of our shares or other equity securities intended to raise the voting rights ratio of a specific shareholder group to 20% or more. The Large-Scale Purchase Rules require (1) the provision of necessary and sufficient information for shareholders to make decisions and for our Board of Directors to formulate an opinion, and (2), after the required information has been provided, a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors.」
The takeover defense measures are reiterated, applying to purchases resulting in a voting rights ratio of 20% or more and securing the provision of required information and an evaluation period of up to 60 or 90 days by the Board of Directors. - FY2017RestatedAnnual report
「These measures apply to large-scale purchases of our shares or other equity securities intended to raise the voting rights ratio of a specific shareholder group to 20% or more. The Large-Scale Purchase Rules require (1) the provision of necessary and sufficient information for shareholders to make decisions and for our Board of Directors to formulate an opinion, and (2), after the required information has been provided, a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors.」
The takeover defense measures are reiterated, applying to voting rights ratios of 20% or more and securing the provision of required information and a 60- or 90-day evaluation period by the Board of Directors. - FY2017-Q3RestatedAnnual report
「These measures apply to large-scale purchases of our shares or other equity securities intended to raise the voting rights ratio of a specific shareholder group to 20% or more. The Large-Scale Purchase Rules require (1) the provision of necessary and sufficient information, hereinafter referred to as the “Required Information,” for shareholders to make decisions and for our Board of Directors to formulate an opinion, and (2), after the Required Information has been provided, a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors, hereinafter referred to as the “Board Evaluation Period.”」
The takeover defense measures are reiterated, applying to voting rights ratios of 20% or more and securing the provision of required information and a 60- or 90-day evaluation period by the Board of Directors. - FY2017-Q2RestatedAnnual report
「These measures apply to large-scale purchases of our shares or other equity securities intended to raise the voting rights ratio of a specific shareholder group to 20% or more. The Large-Scale Purchase Rules require (1) the provision of necessary and sufficient information for shareholders to make decisions and for our Board of Directors to formulate an opinion, and (2), after the required information has been provided, a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors.」
The takeover defense measures continue to apply to voting rights ratios of 20% or more and include the provision of required information and a Board evaluation period of 60 or 90 days. - FY2017-Q1RestatedAnnual report
「These measures apply to large-scale purchases of our shares or other equity securities intended to raise the voting rights ratio of a specific shareholder group to 20% or more. After the provision of the required information is completed, we have established a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors.」
The takeover defense measures continue, applying to voting rights ratios of 20% or more and establishing a Board evaluation period of up to 60 or 90 days. - FY2016First statedAnnual report
「These measures apply to large-scale purchases of our shares or other equity securities intended to raise the voting rights ratio of a specific shareholder group to 20% or more. After the provision of the required information is completed, we have established a period of up to 60 days, in the case of a tender offer for all our shares in which the consideration consists solely of cash, or up to 90 days in the case of other large-scale purchases, for evaluation, consideration, negotiations, formulating an opinion and preparing alternative proposals by our Board of Directors.」
The takeover defense measures apply to purchases resulting in a voting rights ratio of 20% or more and establish a Board evaluation period of up to 60 or 90 days.