Large-Scale Purchase Rules and Corporate Value Preservation Measures
First written in FY2016. 16 of 22 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 56 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The policy will remain effective until the end of the first Board of Directors meeting held after the Company's annual general meeting in June 2026.」
The large-scale purchase response policy continued in June 2023, with its effective period extending until after the June 2026 annual general meeting. - FY2025RestatedAnnual report
「The policy will remain effective until the end of the first Board of Directors meeting held after the Company's annual general meeting in June 2026.」
The large-scale purchase response policy continued in June 2023, with its effective period extending until after the June 2026 annual general meeting. - FY2023AdvancedAnnual report
「At the Company's annual general meeting held on 28 June 2023, this policy received the approval of the shareholders and continued from the end of the Company's Board of Directors meeting held on the same day. The policy will remain effective until the end of the first Board of Directors meeting held after the Company's annual general meeting in June 2026.」
The large-scale purchase response policy continued with the approval of the annual general meeting held on 28 June 2023, and its effective period was extended until the end of the Board of Directors meeting held after the annual general meeting in June 2026. - FY2021-Q3RestatedAnnual report
「The policy was continued from the conclusion of the Company’s Board of Directors meeting held on 25 June 2020, having received shareholders’ approval at the Company’s annual general meeting of shareholders held on the same date. The policy was to remain effective until the conclusion of the first Board of Directors meeting held after the Company’s annual general meeting of shareholders scheduled for June 2023.」
The policy is being restated as having continued with the approval of the 25 June 2020 annual general meeting and remaining effective until the end of the Board of Directors meeting held after the June 2023 annual general meeting. - FY2021-Q2RestatedAnnual report
「The policy was continued from the conclusion of the Company’s Board of Directors meeting held on 25 June 2020, having received shareholders’ approval at the Company’s annual general meeting of shareholders held on the same date. The policy was to remain effective until the conclusion of the first Board of Directors meeting held after the Company’s annual general meeting of shareholders scheduled for June 2023.」
The Company reiterates the policy, which was continued with the approval of the annual general meeting of shareholders held on 25 June 2020 and was to remain effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2023. - FY2021-Q1RestatedAnnual report
「The policy was continued from the conclusion of the Company’s Board of Directors meeting held on 25 June 2020, having received shareholders’ approval at the Company’s annual general meeting of shareholders held on the same date. The policy was to remain effective until the conclusion of the first Board of Directors meeting held after the Company’s annual general meeting of shareholders scheduled for June 2023.」
The Company reiterates the policy, which was continued with the approval of the annual general meeting of shareholders held on 25 June 2020 and was to remain effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2023. - FY2020AdvancedAnnual report
「The policy was continued from the conclusion of the Company’s Board of Directors meeting held on 25 June 2020, having received shareholders’ approval at the Company’s annual general meeting of shareholders held on the same date. The policy was to remain effective until the conclusion of the first Board of Directors meeting held after the Company’s annual general meeting of shareholders scheduled for June 2023.」
The takeover defense policy was continued with the approval of the annual general meeting of shareholders held on 25 June 2020, and its effective period was extended until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2023. - FY2020-Q2RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. The policy was effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2020, with no change from the previous quarter indicated. - FY2020-Q1RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. The policy was effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2020, with no change from the previous fiscal year indicated. - FY2019RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its policy, comprising an independent committee, information provision requirements, 60-day and 90-day review periods, and a prohibition on commencing the purchase before the review period ends. The policy was stated to be effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2020. - FY2019-Q3RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its policy, comprising an independent committee, information provision requirements, 60-day and 90-day review periods, and a prohibition on commencing the purchase before the review period ends. No change from the previous quarter was indicated, including in the effective period. - FY2019-Q2RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its policy, comprising an independent committee, information provision requirements, 60-day and 90-day review periods, and a prohibition on commencing the purchase before the review period ends. No change from the previous quarter was indicated, including in the effective period. - FY2019-Q1RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. No change from the previous fiscal year was indicated, including in the effective period of the policy continued on 28 June 2017. - FY2018-Q3RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. No change from the previous quarter was indicated, including in the effective period of the policy continued on 28 June 2017. - FY2018-Q1RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. No change from the previous fiscal year was indicated, including in the effective period of the policy continued on 28 June 2017. - FY2017AdvancedAnnual report
「The policy was continued from the conclusion of the Company’s Board of Directors meeting held on 28 June 2017, having received shareholders’ approval at the Company’s annual general meeting of shareholders held on the same date. The policy was to remain effective until the conclusion of the first Board of Directors meeting held after the Company’s annual general meeting of shareholders scheduled for June 2020.」
The takeover defense policy was continued with the approval of the annual general meeting of shareholders, and its effective period was extended until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2020. - FY2017-Q3RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. The effective period was also stated to run until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2017, with no change from the previous disclosure. - FY2017-Q2RestatedAnnual report
「Specifically, the main contents of the large-scale purchase rules are (a) the establishment of an independent committee authorized by the general meeting of shareholders to consider and determine whether the Company is in a position to implement countermeasures, as an advisory body that excludes arbitrary decisions by the Company’s Board of Directors and makes objective, substantive and reasonable decisions for shareholders; (b) requiring the large-scale purchaser to submit a statement of intent; (c) requiring the large-scale purchaser to provide large-scale purchase information, namely information for shareholders to make decisions and for the Company’s Board of Directors to formulate its opinion, and making that information public; (d) establishing a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases; and (e) prohibiting the commencement of the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its large-scale purchase rules, comprising an independent committee, information provision requirements, 60-day and 90-day Board of Directors review periods, and a prohibition on commencing the purchase before the review period ends. The effective period was also stated to run until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2017, with no change from the previous disclosure. - FY2017-Q1RestatedAnnual report
「The main contents of the large-scale purchase rules are the establishment of a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases, and (e) a prohibition on commencing the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
The Company reiterates its takeover defense policy, comprising an independent committee, information provision, 60-day and 90-day Board of Directors review periods, and countermeasures. The policy is stated to have been effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2017. - FY2016First statedAnnual report
「The main contents of the large-scale purchase rules are the establishment of a 60-day Board of Directors review period after the provision of large-scale purchase information is completed, in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in Japanese yen, or a 90-day review period in other cases, and (e) a prohibition on commencing the large-scale purchase before the Board of Directors review period has elapsed, or, if a general meeting of shareholders has been scheduled by then to decide whether to implement countermeasures, before the shareholders vote against implementing such countermeasures, among other provisions.」
First appearance. The Company describes its takeover defense policy, comprising an independent committee, information provision, 60-day and 90-day review periods, and countermeasures. The policy was effective until the conclusion of the Board of Directors meeting held after the annual general meeting of shareholders in June 2017.