Large-Scale Purchase Rules and Countermeasures Using an Independent Committee
First written in FY2018-Q1. 10 of 18 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Other".
- FY2026Continuation of the defensive measures approved by shareholdersAnnual report
「As this measure will expire upon the conclusion of the Ordinary General Meeting of Shareholders scheduled for 24 June 2026, the Board of Directors decided at its meeting held on 15 May 2026 to continue the measure with partial modifications, subject to approval by the shareholders at this General Meeting of Shareholders.」
The policy progressed toward continuing the large-scale purchase response measure with partial modifications, subject to approval at the Ordinary General Meeting of Shareholders in June 2026. - FY2025Extended the effective period through June 2026Annual report
「The effective period of these measures runs until the conclusion of the 168th Annual General Meeting of Shareholders scheduled for June 2026. If the measures are to continue thereafter, shareholders will be asked to decide whether to approve the continuation at the Annual General Meeting.」
The effective period of the large-scale purchase response measure was stated as extending from the previous June 2023 through June 2026. - FY2022RestatedAnnual report
「The effective period of these measures runs until the conclusion of the Company’s 165th ordinary general meeting of shareholders, scheduled for June 2023. If the measures are to continue thereafter, shareholders will decide whether to continue them at the ordinary general meeting of shareholders.」
The mechanism involving the independent committee and submission to the general meeting of shareholders under the large-scale purchase response measure, as well as its effective period through June 2023, continues to be described. - FY2021-Q1ReframedAnnual report
「The circumstances in which the situation is deemed likely to materially impair our corporate value and, consequently, the common interests of our shareholders are limited to the so-called four high court categories and coercive two-tier acquisitions. The effective period of this measure is set to run until the conclusion of the 165th Ordinary General Meeting of Shareholders of the Company, scheduled for June 2023.」
In connection with the continuation of the large-scale purchase response measure, it was explicitly stated that the countermeasures would be limited to the four high court categories and coercive two-tier acquisitions, and that the effective period would run through June 2023. - FY2020Effective period extended through June 2023Annual report
「The effective period of these measures runs until the conclusion of the Company’s 165th ordinary general meeting of shareholders, scheduled for June 2023. If the measures are to continue thereafter, shareholders will decide whether to continue them at the ordinary general meeting of shareholders.」
The defensive measures using the large-scale purchase rules and an independent committee were continued at the general meeting of shareholders, and the effective period was extended from the previous June 2020 through June 2023. - FY2020-Q3RestatedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The limit of 60 days for the information-provision period and the mechanism for promptly putting the matter before a general meeting of shareholders following a recommendation by the independent committee continue. The effective period runs until the conclusion of the ordinary general meeting of shareholders scheduled for June 2020. - FY2020-Q2RestatedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The limit of 60 days for the information-provision period and the mechanism for promptly putting the matter before a general meeting of shareholders following a recommendation by the independent committee continue. - FY2020-Q1RestatedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The limit of 60 days for the information-provision period and the mechanism for putting the matter before a general meeting of shareholders following a recommendation by the independent committee continue. The effective period runs until the conclusion of the ordinary general meeting of shareholders scheduled for June 2020. - FY2019RestatedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The defensive measures requiring the information-provision period to be limited to 60 days and requiring the matter to be put before a general meeting of shareholders following a recommendation by the independent committee continue. - FY2019-Q3RestatedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The limit of 60 days for the information-provision period and the mechanism for putting the matter before a general meeting of shareholders following a recommendation by the independent committee continue to be stated. - FY2019-Q2RestatedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The limit of 60 days for the information-provision period and the mechanism for promptly putting the matter before a general meeting of shareholders following a recommendation by the independent committee, both changed at the Board of Directors meeting on 11 May, continue to be stated. - FY2019-Q1ReframedAnnual report
「Regarding the large-scale purchase rules described above, at a Board of Directors meeting held on 11 May 2018, the Company changed them to 1) set a maximum 60-day period for the provision of information by a large-scale purchaser and 2) promptly put the matter before a general meeting of shareholders if the independent committee recommends convening one. No other changes were made.」
The large-scale purchase rules were amended specifically to limit the information-provision period to 60 days and to require the matter to be promptly put before a general meeting of shareholders if the independent committee recommends convening one. - FY2018-Q3RestatedAnnual report
「These measures establish rules for large-scale purchases under which anyone seeking to make a large-scale purchase of the Company’s shares or other securities must 1) provide the Board of Directors with the necessary and sufficient information in advance and 2) commence the large-scale purchase only after a prescribed evaluation period necessary for the Board of Directors to review that information has elapsed.」
The rules requiring large-scale purchasers to provide information in advance and allowing the Board of Directors an evaluation period, together with defensive measures using an independent committee, continue to be stated. The effective period runs until the conclusion of the ordinary general meeting of shareholders scheduled for June 2020. - FY2018-Q2RestatedAnnual report
「These measures establish rules for large-scale purchases under which anyone seeking to make a large-scale purchase of the Company’s shares or other securities must 1) provide the Board of Directors with the necessary and sufficient information in advance and 2) commence the large-scale purchase only after a prescribed evaluation period necessary for the Board of Directors to review that information has elapsed.」
The rules requiring large-scale purchasers to provide information in advance and allowing the Board of Directors an evaluation period continue to be stated. The effective period of the defensive measures runs until the conclusion of the ordinary general meeting of shareholders scheduled for June 2020. - FY2018-Q1First statedAnnual report
「These measures establish rules for large-scale purchases under which anyone seeking to make a large-scale purchase of the Company’s shares or other securities must 1) provide the Board of Directors with the necessary and sufficient information in advance and 2) commence the large-scale purchase only after a prescribed evaluation period necessary for the Board of Directors to review that information has elapsed.」
The measures require large-scale purchasers to provide information in advance and establish defensive measures, including consultation with an independent committee and the gratis allotment of share acquisition rights. The effective period runs until the conclusion of the ordinary general meeting of shareholders scheduled for June 2020.