Abolition of Measures to Respond to Large-Scale Purchases of Shares
First written in FY2016. 20 of 23 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The shareholders of a listed company are determined through free trading in the market, and we believe that decisions on acquisition proposals involving the transfer of control of a corporation should ultimately be left to the will of the shareholders.」
On the premise that no takeover defense measures are in place, the Company has reconfirmed its policy of leaving decisions on acquisition proposals to shareholders while providing necessary disclosures and securing time for consideration. - FY2024-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year to the basic policy regarding the person who controls decisions on the Company's financial and business policies.」
The Company states that there have been no significant changes to its basic policy regarding the appropriate form of control over decisions on financial and business policies, including the fact that it does not have takeover defense measures in place. - FY2023-Q3RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to state a policy of maintaining the discontinuation of its takeover defense measures and responding through necessary disclosures and by securing time for consideration. - FY2023-Q2RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to state a policy of not having takeover defense measures in place and responding through necessary disclosures and by securing time for consideration. - FY2022-Q3RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that it does not have takeover defense measures in place. - FY2022-Q2RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that the takeover defense measures remain discontinued. - FY2021-Q3RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that it does not have takeover defense measures in place. - FY2021-Q2RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that it does not have takeover defense measures in place. - FY2020-Q3RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that it does not have takeover defense measures in place. - FY2020-Q1RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that it does not have takeover defense measures in place. - FY2019RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that it does not have takeover defense measures in place. - FY2019-Q3RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to maintain the discontinuation of its takeover defense measures and to state a policy of responding in accordance with applicable laws, including through necessary disclosures and securing time for consideration. - FY2019-Q2RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to maintain the discontinuation of its takeover defense measures and to state a policy of responding in accordance with applicable laws, including through necessary disclosures and securing time for consideration. - FY2019-Q1RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to maintain the discontinuation of its takeover defense measures and to state a policy of responding in accordance with applicable laws, including through necessary disclosures and securing time for consideration. - FY2018RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to maintain the discontinuation of its takeover defense measures. - FY2018-Q3RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to maintain the discontinuation of its takeover defense measures and to state a policy of responding in accordance with applicable laws, including through necessary disclosures and securing time for consideration. - FY2018-Q2RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company maintains the discontinuation of its takeover defense measures and has stated a policy of responding in accordance with applicable laws, including through necessary disclosures and securing time for consideration. - FY2018-Q1RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company continues to confirm that the takeover defense measures remain discontinued. - FY2017RestatedAnnual report
「The Company had so-called takeover defense measures in place through June 2016, but does not have them in place currently.」
The Company has reconfirmed that the takeover defense measures remain discontinued. - FY2017-Q3RestatedAnnual report
「If a large-scale purchase of the Company's shares is made after the discontinuation of the Plan, we will seek to collect the information necessary for shareholders to make an appropriate decision and make timely and appropriate disclosures from the standpoint of protecting and enhancing the Company's corporate value and the common interests of its shareholders. We will also take appropriate measures as necessary, within the scope permitted by applicable laws and regulations and the Company's Articles of Incorporation.」
Following the discontinuation of the takeover defense measures, the Company continues to state its policy of collecting necessary information, making timely disclosures and taking measures within the scope of applicable laws and regulations and the Articles of Incorporation. - FY2017-Q2ReframedAnnual report
「If a large-scale purchase of the Company's shares is made after the discontinuation of the Plan, we will seek to collect the information necessary for shareholders to make an appropriate decision and make timely and appropriate disclosures from the standpoint of protecting and enhancing the Company's corporate value and the common interests of its shareholders. We will also take appropriate measures as necessary, within the scope permitted by applicable laws and regulations and the Company's Articles of Incorporation.」
Following the discontinuation of the takeover defense measures, the Company has stated its policy of responding by collecting necessary information, making timely disclosures and taking measures within the scope of applicable laws and regulations and the Articles of Incorporation. - FY2017-Q1AchievedAnnual report
「The takeover defense measures concerning large-scale purchases of the Company's shares (the "Plan"), introduced pursuant to resolutions of the Board of Directors meeting held on 15 May 2013 and the 118th Annual General Meeting of Shareholders held on 27 June 2013, were discontinued upon the conclusion of the 121st Annual General Meeting of Shareholders held on 29 June 2016, due to changes in the business environment surrounding the Company, including the subsequent development of the legal framework governing large-scale purchases of shares under the Financial Instruments and Exchange Act.」
The discontinuation of the takeover defense measures has been confirmed as completed, rather than remaining at the planning or resolution stage. - FY2016First statedAnnual report
「At a meeting of the Board of Directors held on 13 May 2016, we resolved not to continue this plan and to abolish it upon the conclusion of this Ordinary General Meeting of Shareholders.」
The Company decided to abolish its previously continued takeover defense in light of developments in the legal framework under the Financial Instruments and Exchange Act.