Respect for Market Transactions and Shareholder Judgment Regarding Large-Scale Purchase Proposals
First written in FY2016-Q3. 1 of 2 entries say "Dropped", first in FY2016. Latest entry: FY2016.
The whole theme swung hardest in 2024: 2 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2016DroppedAnnual report
「The Plan, whose validity period was due to expire at the conclusion of the Company's Ordinary General Meeting of Shareholders scheduled for 29 November 2016, was resolved not to be continued at the Board of Directors meeting held on 11 October 2016.」
Although the explanation of the Company's basic stance toward large-scale purchase proposals remains, the Company resolved not to continue its takeover defence measures. - FY2016-Q3First statedAnnual report
「As a company whose shares are listed on a financial instruments exchange, we respect the free trading of the Company's shares and other securities in the market. Even large-scale purchases of the Company's shares or other securities by a specific party will not be categorically rejected if they contribute to securing and enhancing the Company's corporate value and the common interests of shareholders. We also believe that the final decision on whether to accept a large-scale purchase proposal for the Company's shares should ultimately be left to the shareholders.」
The Company states that large-scale purchases will not be categorically rejected if they contribute to corporate value and the common interests of shareholders, and that the final decision will be left to shareholders.