Komori
Nihon Kagaku Sangyo (4094) · RiskReframed

Risk of Hostile Takeovers Damaging Corporate Value and the Common Interests of Shareholders

First written in FY2017-Q1. 23 of 25 entries say "Restated". Latest entry: FY2024.

25entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2024-Q32016: 220162017: 420172018: 420182019: 320192020: 320202021: 220212022: 320222023: 220232024: 22024
Same theme, other companies
Large-Scale Share Purchases and Acquisition Proposals that May Damage Enterprise ValueA theme 120 companies write about · 121 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 3 of 26 companies on the "Worse" side.

3 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 120 companies compared. The sentences above are computed from all 120.
Full recordFilings, disclosures and news, newest first
  1. FY2024ReframedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of unsolicited acquisitions being conducted without the consent of the target company, thereby impairing our corporate value and, consequently, the common interests of shareholders.」

    The wording was revised from “hostile takeover” to “unsolicited acquisition,” and an explanation was added that acquisition proposals contributing to corporate value and the common interests of shareholders would not be rejected categorically.
  2. FY2024-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  3. FY2024-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  4. FY2023-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  5. FY2023-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  6. FY2023-Q1RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  7. FY2022-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  8. FY2022-Q1RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  9. FY2021RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing our corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  10. FY2021-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  11. FY2021-Q1RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  12. FY2020-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  13. FY2020-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  14. FY2020-Q1RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  15. FY2019-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  16. FY2019-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  17. FY2019-Q1RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  18. FY2018RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  19. FY2018-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  20. FY2018-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  21. FY2018-Q1RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  22. FY2017RestatedAnnual report

    「We recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  23. FY2017-Q3RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that market globalization and the unwinding of cross-shareholdings are increasing the risk of hostile takeovers.
  24. FY2017-Q2RestatedAnnual report

    「As market globalization and the unwinding of cross-shareholdings progress, we recognize that the risk is increasing of hostile takeovers being conducted without the consent of the target company, thereby impairing corporate value and, consequently, the common interests of shareholders.」

    The recognition continues that hostile takeovers pose a risk of impairing corporate value and the common interests of shareholders.
  25. FY2017-Q1First statedAnnual report

    「We recognize that the risk of a hostile takeover carried out without the consent of the target company, which could damage corporate value and, consequently, the common interests of our shareholders, has increased.」

    A hostile takeover that could damage corporate value and the common interests of shareholders is positioned as an important risk under the company’s basic policy.
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Nihon Kagaku Sangyo's next results are scheduled for 2026-11-09. Read the earnings preview
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