Update to Measures in Response to Large-Scale Purchases
First written in FY2016. 22 of 26 entries say "Restated". Latest entry: FY2026.
83 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Next, if the Company’s board of directors determines that the purchaser has sufficiently provided the necessary information, the board will establish a 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase.」
Restates the procedures under the 2024-updated policy for responding to acquisitions, including provision of the required information, a 60- or 90-day board evaluation period, and consultation with the independent committee. - FY2026-H1RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates the procedures under the 2024-updated policy for responding to acquisitions, including provision of the required information, the board evaluation period, consultation with the independent committee, and presentation of alternatives to shareholders. - FY2024AdvancedAnnual report
「Based on resolutions passed at the board of directors meeting held on 14 May 2024 and the Company’s 91st Annual General Meeting of Shareholders held on 19 June 2024, updated the “Measures for Responding to Bulk Purchases of the Company’s Shares” (policy for responding to takeovers), which had been renewed on 15 June 2021, after partially revising its contents」
Partially revised and renewed the policy for responding to takeovers. The policy applies to bulk purchases of 20% or more and provides for the provision of necessary information, a 60-day or 90-day board review period and consultation with an independent committee, among other measures. The effective period runs until the last annual general meeting of shareholders relating to a fiscal year ending within 3 years. - FY2024-Q3RestatedAnnual report
「Next, if the Company’s board of directors determines that the purchaser has sufficiently provided the necessary information, the board will establish a 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase.」
Restates procedures under the takeover defense measures renewed in 2021, including the provision of necessary information, coverage of purchases of 20% or more, a 60-day or 90-day board review period and consultation with an independent committee. - FY2024-Q2RestatedAnnual report
「The purchaser’s ownership ratio of share certificates or other securities reaches 20% or more / A 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase」
Restates procedures under the takeover defense measures renewed in 2021, including coverage of purchases of 20% or more, a 60-day or 90-day board review period and consultation with an independent committee. - FY2024-Q1RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates procedures under the takeover defense measures renewed in 2021, including the provision of necessary information, a board review period, presentation of alternatives to shareholders and consultation with an independent committee. - FY2023-Q3RestatedAnnual report
「Next, if the Company’s board of directors determines that the purchaser has sufficiently provided the necessary information, the board will establish a 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase.」
Restates procedures under the takeover defense measures renewed in June 2021, including the provision of necessary information, a 60-day or 90-day board review period and consultation with an independent committee. - FY2023-Q2RestatedAnnual report
「Next, if the Company’s board of directors determines that the purchaser has sufficiently provided the necessary information, the board will establish a 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase.」
Restates procedures under the takeover defense measures renewed in June 2021, including the provision of necessary information, coverage of purchases of 20% or more, a 60-day or 90-day board review period and consultation with an independent committee. - FY2023-Q1RestatedAnnual report
「Next, if the Company’s board of directors determines that the purchaser has sufficiently provided the necessary information, the board will establish a 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase.」
Restates procedures under the takeover defense measures renewed in June 2021, including the provision of necessary information and a 60-day or 90-day board review period. - FY2022-Q2RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser. / The purchaser’s ownership ratio of share certificates or other securities reaches 20% or more / A 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase」
Restates procedures under the takeover defense measures renewed in June 2021, including the provision of necessary information, coverage of purchases of 20% or more, a 60-day or 90-day board review period and presentation of alternatives to shareholders. - FY2022-Q1RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates procedures under the takeover defense measures renewed in June 2021, including the provision of necessary information, a board review period, presentation of alternatives to shareholders and consultation with an independent committee. - FY2021AdvancedAnnual report
「Based on resolutions passed at the board of directors meeting held on 14 May 2021 and the Company’s 88th Annual General Meeting of Shareholders held on 15 June 2021, updated the “Measures for Responding to Bulk Purchases of the Company’s Shares” (takeover defense measures), which had been renewed on 14 June 2018, after partially revising its contents」
Partially revised and renewed the takeover defense measures. The measures apply to purchases of 20% or more and provide for a 60-day or 90-day board review period, consultation with an independent committee and gratis allotment of share acquisition rights, among other procedures. The effective period runs until the last annual general meeting of shareholders relating to a fiscal year ending within 3 years. - FY2021-Q3RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, a board review period, consultation with an independent committee and presentation of alternatives to shareholders. - FY2021-Q2RestatedAnnual report
「Next, if the Company’s board of directors determines that the purchaser has sufficiently provided the necessary information, the board will establish a 60-day board review period in the case of a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or a 90-day board review period in the case of any other bulk purchase.」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, a 60-day or 90-day board review period and consultation with an independent committee. - FY2020-Q3RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the purchaser to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser. / The purchaser’s ownership ratio of share certificates or other securities reaches 20% or more / A 60-day or 90-day board review period」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, coverage of purchases of 20% or more, a 60-day or 90-day board review period and consultation with an independent committee. - FY2020-Q2RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the purchaser to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser. / The purchaser’s ownership ratio of share certificates or other securities reaches 20% or more / A 60-day or 90-day board review period」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, a 60-day or 90-day board review period and consultation with an independent committee. - FY2020-Q1RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, a board review period, consultation with an independent committee and presentation of alternatives to shareholders. - FY2019RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, a board review period and consultation with an independent committee. - FY2019-Q3RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates procedures under the takeover defense measures renewed in 2018, including the provision of necessary information, a board review period, consultation with an independent committee and gratis allotment of share acquisition rights. - FY2019-Q1RestatedAnnual report
「Based on resolutions passed at the board of directors meeting held on 11 May 2018 and the Company’s 85th Annual General Meeting of Shareholders held on 14 June 2018, updated the “Measures for Responding to Bulk Purchases of the Company’s Shares” (takeover defense measures), which had been renewed on 12 June 2015, after partially revising its contents」
Restates the partial revision and renewal of the takeover defense measures based on resolutions passed in May and June 2018. The measures apply to purchases of 20% or more and provide for the provision of necessary information, a 60-day or 90-day review period and consultation with an independent committee, among other provisions. - FY2018AdvancedAnnual report
「Based on resolutions passed at the board of directors meeting held on 11 May 2018 and the Company’s 85th Annual General Meeting of Shareholders held on 14 June 2018, updated the “Measures for Responding to Bulk Purchases of the Company’s Shares” (takeover defense measures), which had been renewed on 12 June 2015, after partially revising its contents」
Partially revised and renewed the takeover defense measures, covering purchases of 20% or more and providing for the provision of necessary information, a 60-day or 90-day board review period and consultation with an independent committee, among other measures. The renewed effective period runs until the conclusion of the last annual general meeting of shareholders relating to a fiscal year ending within 3 years. - FY2018-Q3RestatedAnnual report
「This plan applies when an act falling under, or potentially falling under, any of the following ① through ③ is carried out or is about to be carried out (such act is hereinafter referred to as a “Bulk Purchase”): ① a purchase or other acquisition of share certificates or other securities issued by the Company that would cause the purchaser’s ownership ratio of such share certificates or other securities to reach 20% or more」
Restates takeover defense measures applicable to bulk purchases of 20% or more, providing for information disclosure, a 60-day or 90-day board review period, consultation with an independent committee and gratis allotment of share acquisition rights, among other measures. - FY2018-Q2RestatedAnnual report
「For the purpose of ensuring and enhancing the corporate value of the Group and, by extension, the common interests of shareholders, this plan establishes procedures to be followed when a bulk purchase of the Company’s share certificates or other securities is undertaken, requiring the party seeking to make the bulk purchase to (i) provide necessary and sufficient information on the bulk purchase in advance, (ii) allow the Company time to collect and consider information on the bulk purchase, and (iii) provide shareholders with the management’s plans and alternatives, or conduct negotiations with the purchaser.」
Restates takeover defense measures applicable to bulk purchases of 20% or more, providing for information disclosure, a 60-day or 90-day board review period, consultation with an independent committee and gratis allotment of share acquisition rights, among other measures. - FY2018-Q1RestatedAnnual report
「As renewal of this plan was approved at the annual general meeting of shareholders held on 12 June 2015, its effective period runs until the conclusion of the annual general meeting of shareholders relating to the last fiscal year ending within 3 years from the date of that annual general meeting.」
Restates the contents of the takeover defense measures renewed in 2015, which apply to purchases of 20% or more and provide for information disclosure, a 60-day or 90-day review period and consultation with an independent committee, among other measures. - FY2017-Q3RestatedAnnual report
「This plan applies when an act falling under, or potentially falling under, any of the following ① through ③ is carried out or is about to be carried out (such act is hereinafter referred to as a “Bulk Purchase”): ① a purchase or other acquisition of share certificates or other securities issued by the Company that would cause the purchaser’s ownership ratio of such share certificates or other securities to reach 20% or more」
Restates takeover defense measures applicable to bulk purchases of 20% or more, providing for information disclosure, a board review period, consultation with an independent committee and gratis allotment of share acquisition rights, among other measures. - FY2016First statedAnnual report
「Based on resolutions passed at the board of directors meeting held on 13 May 2015 and the Company’s 82nd Annual General Meeting of Shareholders held on 12 June 2015, updated the “Measures for Responding to Bulk Purchases of the Company’s Shares” (takeover defense measures), which had been updated on 14 June 2012, after partially revising its contents」
Applies to purchases of 20% or more and provides for a 60-day or 90-day board review period, consultation with an independent committee and gratis allotment of share acquisition rights, among other measures. The effective period runs until the conclusion of the annual general meeting of shareholders relating to the last fiscal year ending by around 2018.