Response Measures for Large-Scale Purchases
First written in FY2016. 14 of 16 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
35 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual report
「At a meeting of the Board of Directors held on 30 April 2021, we resolved that the plan would not be continued as of the conclusion of this annual general meeting of shareholders.」
It was resolved that the takeover defense measures applicable to large-scale purchases of 20% or more would not be continued as of the conclusion of the annual general meeting of shareholders held on 25 June 2021. - FY2021-Q3RestatedAnnual report
「We have also established a basic policy concerning the manner in which persons who control decisions on financial and business policies should be determined; however, there have been no material changes to the overview of its contents or other matters, as prescribed in Article 118, item 3 of the Ordinance for Enforcement of the Companies Act.」
There have been no material changes to the basic policy for protecting corporate value and the common interests of shareholders. - FY2020-Q3RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, including advance information provision, the special committee, and the possibility of confirming shareholder intent. The effective period runs until the conclusion of the annual general meeting of shareholders concerning the final fiscal year ending within 3 years after the annual general meeting of shareholders held on 27 June 2018. - FY2020-Q2RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, including advance information provision, the special committee, confirmation of shareholder intent, and an approximately 3-year effective period. - FY2020-Q1RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, including advance information provision, the special committee, and the possibility of confirming shareholder intent. - FY2019-Q3RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, using advance information provision, the special committee, and confirmation of shareholder intent. The effective period runs until the conclusion of the annual general meeting of shareholders concerning the final fiscal year ending within 3 years after the annual general meeting of shareholders held on 27 June 2018. - FY2019-Q1RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
Following the update of the takeover defense measures based on the resolutions of the Board of Directors meeting held on 15 May 2018 and the annual general meeting of shareholders held on 27 June 2018, we continue to maintain the framework covering large-scale purchases of 20% or more, advance information provision, the special committee, and confirmation of shareholder intent. - FY2018RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We updated the takeover defense measures and continue to maintain the framework of large-scale purchases of 20% or more, advance information provision, the special committee, confirmation of shareholder intent, and an approximately 3-year effective period. - FY2018-Q3RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, including advance information provision, an independent special committee, the possibility of confirming shareholder intent, and an approximately 3-year effective period. - FY2018-Q2RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, including advance information provision, the special committee, and the possibility of confirming shareholder intent. The effective period is approximately 3 years. - FY2018-Q1RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, advance information provision, the special committee, and the possibility of confirming shareholder intent. The effective period is approximately 3 years. - FY2017RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, the special committee, the possibility of confirming shareholder intent, and an approximately 3-year effective period. - FY2017-Q3RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
We continue to maintain takeover defense measures applicable to large-scale purchases of 20% or more, using advance information provision, a special committee, and confirmation of shareholder intent, among other measures. The effective period runs until the conclusion of the annual general meeting of shareholders concerning the final fiscal year ending within 3 years after the conclusion of the annual general meeting of shareholders held on 25 June 2015. - FY2017-Q2RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
There have been no material changes to the framework covering takeover defense measures applicable to large-scale purchases of 20% or more, information provision procedures, and the special committee, among other matters. - FY2017-Q1RestatedAnnual report
「When a party seeking to acquire 20% or more of the Company's shares or other securities emerges, this plan establishes the procedures necessary to achieve the above objectives, including requiring the acquirer to provide information in advance.」
The takeover defense measures applicable to large-scale purchases of 20% or more, determinations by the special committee, and an approximately 3-year effective period continue to be disclosed. - FY2016First statedAnnual report
「We have updated our takeover defense measures concerning large-scale acquisitions of our shares.」
The framework applies to acquisitions of 20% or more, secures the provision of information and a review period, and uses a special committee comprising independent outside directors and others.