Risk of Large-Scale Purchase Activity That Could Impair Corporate Value and the Common Interests of Shareholders
First written in FY2017-Q1. 2 of 3 entries say "Restated". Latest entry: FY2017-Q3.
100 other companies' latest entry also says "Restated".
- FY2017-Q3RestatedAnnual report
「Among large-scale purchases of shares, there are many that conflict with the corporate value and the common interests of shareholders of the target company, including purchases that, judging from their purpose, clearly infringe on corporate value and the common interests of shareholders, those that may effectively force shareholders to sell their shares, and those that do not provide the target company’s board of directors or shareholders with sufficient time or information to consider the terms and method of the purchase or do not provide the target company’s board with sufficient time or information to present an alternative proposal.」
The report continues to explain the possibility that large-scale purchases could impair corporate value and the common interests of shareholders. - FY2017-Q2RestatedAnnual report
「Among large-scale purchases of shares, some, judging from their purpose, clearly infringe on corporate value and the common interests of shareholders, while others may effectively force shareholders to sell their shares.」
The report continues to explain the possibility that large-scale purchases could impair corporate value and the common interests of shareholders as a risk. - FY2017-Q1First statedAnnual report
「Among large-scale purchases of shares, some, judging from their purpose, clearly infringe on corporate value and the common interests of shareholders, while others may effectively force shareholders to sell their shares.」
The report explains the risk that some large-scale purchases could impair corporate value and the common interests of shareholders. It also describes procedures applicable to voting rights ratios of 20% or more.