Risk of large-scale purchases that could impair corporate value and the common interests of shareholders
First written in FY2017-Q1. 26 of 27 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 3 of 26 companies on the "Worse" side.
86 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the first half of the current consolidated fiscal year. In addition, no material changes have occurred in the business and other risks described in the securities report for the previous fiscal year.」
The filing states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2023RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
Categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the first half of the current consolidated fiscal year. In addition, no material changes have occurred in the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2023-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2021RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The filing continues to describe categories of large-scale share purchases that could damage corporate value and the common interests of shareholders. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2021-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The filing expressly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2020RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The filing continues to describe categories of large-scale share purchases that could damage corporate value and the common interests of shareholders. - FY2020-Q3RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2020-Q2RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2019-Q3RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2019-Q2RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2019-Q1RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2018RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2018-Q3RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2018-Q2RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2018-Q1RestatedAnnual report
「However, a significant number of large-scale purchases of shares do not contribute to the target company's corporate value or the common interests of its shareholders. These include purchases that, given their purpose or other factors, would clearly harm corporate value or the common interests of shareholders; those that could effectively force shareholders to sell their shares; those that fail to provide the target company's Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase, or the target company's Board of Directors with sufficient time or information to propose alternatives; and those that require the target company to negotiate with the acquirer to obtain terms more favorable than those offered by the acquirer.」
The same categories of large-scale share purchases that could damage corporate value and the common interests of shareholders are reiterated. - FY2017-Q3RestatedAnnual report
「However, some large-scale purchases of shares may not serve the corporate value or the common interests of shareholders, including purchases that would clearly harm those interests in light of their purpose, those that could effectively force shareholders to sell their shares, those that fail to provide the target company’s Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase or for the Board to propose alternatives, and those that require the target company to negotiate with the acquirer in order to obtain terms more favorable than those offered by the acquirer.」
The risk that a large-scale share purchase could damage corporate value and the common interests of shareholders is reiterated with the same content. - FY2017-Q2RestatedAnnual report
「However, some large-scale purchases of shares may not serve the corporate value or the common interests of shareholders, including purchases that would clearly harm those interests in light of their purpose, those that could effectively force shareholders to sell their shares, those that fail to provide the target company’s Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase or for the Board to propose alternatives, and those that require the target company to negotiate with the acquirer in order to obtain terms more favorable than those offered by the acquirer.」
The risk that a large-scale share purchase could damage corporate value and the common interests of shareholders is reiterated with the same content. - FY2017-Q1First statedAnnual report
「However, some large-scale purchases of shares may not serve the corporate value or the common interests of shareholders, including purchases that would clearly harm those interests in light of their purpose, those that could effectively force shareholders to sell their shares, those that fail to provide the target company’s Board of Directors or shareholders with sufficient time or information to examine the terms of the purchase or for the Board to propose alternatives, and those that require the target company to negotiate with the acquirer in order to obtain terms more favorable than those offered by the acquirer.」
The Company identifies as risks the potential impairment of corporate value and the common interests of shareholders through a large-scale purchase, pressure on shareholders to sell, and insufficient time or information for review.