Measures to address large-scale acquisitions and protect the common interests of shareholders
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2019.
61 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「At a meeting of the board of directors held on 12 May 2017, the Company resolved not to submit its response measures concerning large-scale acquisitions of its shares, referred to below as the “Takeover Defense Measures,” as a renewal proposal at the 82nd Annual General Meeting of Shareholders, and abolished the Takeover Defense Measures upon the conclusion of that meeting.」
The Company explicitly states that the previously disclosed measures to address large-scale acquisitions were abolished upon the conclusion of the 2017 annual general meeting of shareholders. - FY2017-Q3RestatedAnnual report
「This plan sets out the procedures and other matters to be followed by a person seeking to make a purchase or other acquisition of the Company's shares or other securities, including (1) a purchase or other acquisition that would result in the holder's shareholding ratio of shares or other securities issued by the Company reaching 20% or more, or (2) a tender offer for shares or other securities issued by the Company that a person seeking to make a tender offer, hereinafter referred to as the "Acquirer," must follow. The effective period of this plan ends at the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2017.」
The Company continues to disclose takeover defense measures applicable to large-scale acquisitions of 20% or more and their effective period. - FY2017-Q2RestatedAnnual report
「This plan sets out the procedures and other matters to be followed by a person seeking to make a purchase or other acquisition of the Company's shares or other securities, including (1) a purchase or other acquisition that would result in the holder's shareholding ratio of shares or other securities issued by the Company reaching 20% or more, or (2) a tender offer for shares or other securities issued by the Company that would result in the combined shareholding ratio of the tender offeror and its specially related parties reaching 20% or more. The effective period of this plan ends at the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2017.」
The Company reiterates the takeover defense measures applicable to large-scale acquisitions of 20% or more and their effective period through the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2017. - FY2017-Q1RestatedAnnual report
「The effective period of this plan ends at the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2017.」
The Company reiterates the framework of the takeover defense measures applicable to large-scale acquisitions of 20% or more, review by an independent committee, and gratis allotment of share acquisition rights. - FY2016First statedAnnual report
「This plan sets out the procedures and other matters to be followed by any person seeking to make a purchase or other acquisition of the Company's shares or other equity securities, including (i) a purchase or other acquisition that would result in the holder's ownership ratio of the Company's shares or other equity securities reaching 20% or more, or (ii) a tender offer for the Company's shares or other equity securities in which the combined ownership ratio of the tender offeror and its specially related parties would reach 20% or more.」
The measures, including an independent committee, information submission, consultations and negotiations, and gratis allotment of share acquisition rights, were effective until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2017.