Rules for Large-Scale Purchases Based on Shareholder Judgment
First written in FY2016. 19 of 23 entries say "Restated". Latest entry: FY2025.
27 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Subsequently, most recently, at the 95th Annual General Meeting of Shareholders held on 25 June 2024, the response policy was continued with shareholders’ approval. Hereinafter, the response policy approved at that meeting is referred to as the “Response Policy.”」
The large-scale purchase response policy was continued with shareholder approval at the 95th Annual General Meeting of Shareholders on 25 June 2024. The framework covering purchases resulting in a voting-rights ratio of 20% or more, combining prior information submission, an evaluation period by the Board of Directors and referral to the Independent Committee, has been maintained. - FY2024-Q3RestatedAnnual report
「The company has established a basic policy concerning the appropriate nature of the party controlling decisions on its financial and business policies, but states that there were no material changes during the first nine months of the fiscal year.」
It has been reaffirmed that there have been no material changes to the basic policy regarding the nature of those who control decisions on financial and business policies, including the large-scale purchase rules. - FY2024-Q2RestatedAnnual report
「The company has established a basic policy concerning the appropriate nature of the party controlling decisions on its financial and business policies, but states that there were no material changes during the first six months of the fiscal year.」
It has been reaffirmed that there have been no material changes to the basic policy regarding the nature of those who control decisions on financial and business policies, including the large-scale purchase rules. - FY2024-Q1RestatedAnnual report
「The company has established a basic policy concerning the appropriate nature of the party controlling decisions on its financial and business policies, but states that there were no material changes during the first quarter of the fiscal year.」
It has been reaffirmed that there have been no material changes to the basic policy regarding the nature of those who control decisions on financial and business policies, including the large-scale purchase rules. - FY2023-Q3RestatedAnnual report
「The company has established a basic policy concerning the appropriate nature of the party controlling decisions on its financial and business policies, but states that there were no material changes during the first nine months of the fiscal year.」
It has been reaffirmed that there have been no material changes to the basic policy regarding the nature of those who control decisions on financial and business policies, including the large-scale purchase rules. - FY2023-Q2RestatedAnnual report
「The company has established a basic policy concerning the appropriate nature of the party controlling decisions on its financial and business policies, but states that there were no material changes during the first six months of the fiscal year.」
It is reaffirmed that there were no material changes to the basic policy regarding parties controlling decisions on financial and business policies. - FY2023-Q1RestatedAnnual report
「We have established a basic policy regarding the nature of those who control decisions on financial and business policies, and there were no material changes during the cumulative first quarter of the current consolidated fiscal year.」
It is reaffirmed that there were no material changes to the basic policy regarding parties controlling decisions on financial and business policies. - FY2022-Q2RestatedAnnual report
「Subsequently, most recently, at the 92nd Annual General Meeting of Shareholders held on 24 June 2021, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
It has been reaffirmed that the takeover defence measures were continued with shareholder approval at the 92nd Annual General Meeting of Shareholders on 24 June 2021. No new changes have been indicated in the framework covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, an evaluation period and the Independent Committee. - FY2021AdvancedAnnual report
「Subsequently, most recently, at the 92nd Annual General Meeting of Shareholders held on 24 June 2021, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
The takeover defence measures were continued with shareholder approval at the 92nd Annual General Meeting of Shareholders on 24 June 2021. The framework covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, an evaluation period and the Independent Committee has also been maintained. - FY2021-Q3RestatedAnnual report
「Subsequently, most recently, at the 89th Annual General Meeting of Shareholders held on 22 June 2018, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
The takeover defence measures approved by shareholders on 22 June 2018 have continued. No changes have been indicated in the framework covering purchases resulting in a voting-rights ratio of 20% or more, information submission, an evaluation period and the Independent Committee. - FY2020RestatedAnnual report
「Subsequently, most recently, at the 89th Annual General Meeting of Shareholders held on 22 June 2018, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
The takeover defence measures approved by shareholders on 22 June 2018 have continued. No changes have been indicated in the framework covering purchases resulting in a voting-rights ratio of 20% or more, information submission, an evaluation period and the Independent Committee. - FY2020-Q1RestatedAnnual report
「Subsequently, most recently, at the 89th Annual General Meeting of Shareholders held on 22 June 2018, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
The takeover defence measures approved by shareholders at the 89th Annual General Meeting of Shareholders on 22 June 2018 have continued. No new changes have been indicated in the framework covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, an evaluation period and the Independent Committee. - FY2019-Q3RestatedAnnual report
「Subsequently, most recently, at the 89th Annual General Meeting of Shareholders held on 22 June 2018, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.” When a proposal is made for a large-scale purchase of our shares, the measures are intended to ensure that shareholders can make an informed assessment of the proposal’s impact on our corporate value and the common interests of shareholders by securing the prompt provision of necessary and sufficient information, opinions and proposals from both the proposer and our Board of Directors, as well as sufficient time to consider them.」
The continuation of the takeover defence measures approved at the 89th Annual General Meeting of Shareholders, and the framework for providing information and securing time for consideration to support shareholder decisions, have been reaffirmed. - FY2019-Q2RestatedAnnual report
「Subsequently, most recently, at the 89th Annual General Meeting of Shareholders held on 22 June 2018, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
It has been reaffirmed that the takeover defence measures were continued with shareholder approval at the 89th Annual General Meeting of Shareholders. No new changes to the framework of prior information submission, an evaluation period and the Independent Committee for purchases resulting in a voting-rights ratio of 20% or more have been indicated. - FY2019-Q1AdvancedAnnual report
「Most recently, at the 89th Annual General Meeting of Shareholders held on 22 June 2018, the takeover defence measures were continued with shareholders’ approval. Hereinafter, these measures are referred to as the “Takeover Defence Measures.”」
The takeover defence measures were continued with shareholder approval at the 89th Annual General Meeting of Shareholders. The framework itself, combining a 20% voting-rights threshold with prior information submission, an evaluation period and the Independent Committee, is also described. - FY2018-Q3RestatedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The takeover defence measures covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, an evaluation period and the Independent Committee have continued. Their substantive content is stated to be unchanged. - FY2018-Q2RestatedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The takeover defence measures covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, an evaluation period and the Independent Committee have continued. It is stated that the substantive content remains unchanged. - FY2018-Q1RestatedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The takeover defence measures covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, an evaluation period and the Independent Committee have continued. It is stated that the substantive content remains unchanged. - FY2017RestatedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The framework of prior information submission, an evaluation period and the Independent Committee for purchases resulting in a voting-rights ratio of 20% or more has continued, with the substantive content stated to be unchanged. - FY2017-Q3RestatedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The framework covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, the evaluation period and the Independent Committee has continued. It is stated that the substantive content remains unchanged. - FY2017-Q2RestatedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The framework covering purchases resulting in a voting-rights ratio of 20% or more, prior information submission, the evaluation period and the Independent Committee has continued. It is stated that the substantive content remains unchanged. - FY2017-Q1RestatedAnnual report
「Furthermore, the measures have continued since the 86th Annual General Meeting of Shareholders held on 24 June 2015, in line with the period of Phase 2 of the medium- to long-term management plan V2020. The takeover defence measures expressly provide that our Board of Directors may convene a general meeting of shareholders to ascertain shareholders’ views on a large-scale purchase, and that our Board of Directors may revise or amend the measures, with the approval of the Independent Committee, in response to amendments to laws and regulations. Their substantive content, however, remains unchanged.」
The takeover defence measures have continued in line with Phase 2 of V2020, and it is expressly stated that their substantive content remains unchanged. - FY2016First statedAnnual report
「Rules have been established for parties seeking to conduct a large-scale purchase of our shares that would result in a voting-rights ratio of 20% or more, excluding purchases consented to by our Board of Directors. The rules require (1) the prior submission to our Board of Directors of necessary and sufficient information on the purchaser, the purpose of the purchase, the basis for the purchase price and management policies, and (2) that the large-scale purchase commence only after the evaluation period for the purchase by our Board of Directors has elapsed.」
The rules apply to purchases resulting in a voting-rights ratio of 20% or more and have continued for a 3-year effective period following approval at a general meeting of shareholders.