Risk of Damage to Corporate Value and Shareholder Interests from Large-Scale Acquisitions
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 3 of 26 companies on the "Worse" side.
86 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「Furthermore, under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The Company continues to recognise that a large-scale purchase may impair corporate value and the common interests of shareholders. - FY2019-Q3RestatedAnnual report
「Furthermore, under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The Company's recognition that a large-scale purchase may impair corporate value and the common interests of shareholders is restated. - FY2018-Q1RestatedAnnual report
「Furthermore, under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The Company's recognition that a large-scale purchase may impair corporate value and the common interests of shareholders is restated. - FY2017RestatedAnnual report
「Furthermore, under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The Company's recognition that a large-scale purchase may impair corporate value and the common interests of shareholders is restated. - FY2017-Q3RestatedAnnual report
「Furthermore, under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The Company's basic recognition that a large-scale purchase may impair corporate value and the common interests of shareholders is restated. - FY2017-Q1RestatedAnnual report
「Furthermore, under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The Company's basic recognition that a large-scale purchase may impair corporate value and the common interests of shareholders is restated. - FY2016First statedAnnual report
「Under Japan's current capital markets and legal systems, the possibility of a large-scale purchase that would clearly impair the Company's corporate value or the common interests of its shareholders cannot be ruled out.」
The document explains the need for information to be provided by a large-scale purchaser, review and evaluation by the board, and negotiations and alternative proposals.