Continuation of Response Measures to Large-Scale Purchase Actions (Takeover Defense Measures)
First written in FY2017-Q1. 8 of 13 entries say "Restated". Latest entry: 2026-06-18.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-06-18RestatedGeneral Meetings of ShareholdersSuggests it is closing out
「Regarding this takeover defense measure, after carefully considering the opinions of shareholders, including domestic and overseas institutional investors, recent developments concerning policies for responding to takeovers, and changes in the management environment surrounding us, the Board of Directors resolved at its meeting on 26 March 2025 not to continue the measure after its term expired, upon the conclusion of the 103rd annual general meeting of shareholders held on 24 June 2025.」
The company reiterates its policy not to continue the takeover defense measure and its policy of responding after discontinuation by respecting the provision of information and the views of outside directors. - FY2026-H1DroppedAnnual report
「Regarding this takeover defense measure, after carefully considering the opinions of shareholders, including domestic and overseas institutional investors, recent developments concerning policies for responding to takeovers, and changes in the management environment surrounding us, the Board of Directors resolved at its meeting on 26 March 2025 not to continue the measure after its term expired, upon the conclusion of the 103rd annual general meeting of shareholders held on 24 June 2025.」
The Company resolved not to continue the takeover defense measures, which had been renewed since their introduction in 2007, after the conclusion of the 103rd Annual General Meeting of Shareholders on 24 June 2025. Even after discontinuation, the Company will request the provision of necessary information and disclose the Board of Directors’ opinion while respecting the views of outside directors. - FY2022AdvancedAnnual report
「In light of these considerations, the Company’s takeover defense measures have been continued with the approval of shareholders at the 100th Annual General Meeting of Shareholders held on 23 June 2022.」
The disclosure updates the previous approval at the 97th Annual General Meeting of Shareholders to approval for continuation at the 100th Annual General Meeting of Shareholders, while maintaining procedures including advance provision of information, review by the Board of Directors, advice from external experts and presentation of alternative proposals. - FY2019AdvancedAnnual report
「In light of these considerations, the Company’s takeover defense measures have been continued with the approval of shareholders at the 97th Annual General Meeting of Shareholders held on 25 June 2019. Accordingly, when a large-scale purchase is proposed, the purchaser will provide shareholders in advance with the information concerning the proposed purchase that is necessary and sufficient for them to make a decision. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts as necessary.」
The disclosure updates the approval from the 94th Annual General Meeting of Shareholders to approval for continuation at the 97th Annual General Meeting of Shareholders, while maintaining procedures including advance provision of information, advice from external experts and presentation of alternative proposals. - FY2019-Q3RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016. Accordingly, when a large-scale purchase is proposed, the purchaser will provide information in advance. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts, including financial advisors, certified public accountants, attorneys, consultants and other specialists, as necessary.」
The disclosure reiterates the takeover defense measures approved at the 94th Annual General Meeting of Shareholders and the procedures involving advance provision of information, review by the Board of Directors and advice from external experts. - FY2019-Q1RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016. Accordingly, when a large-scale purchase is proposed, the purchaser will provide information in advance. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts, including financial advisors, certified public accountants, attorneys, consultants and other specialists, as necessary.」
The disclosure reiterates the takeover defense measures approved at the 94th Annual General Meeting of Shareholders and the procedures involving advance provision of information, review by the Board of Directors and advice from external experts. - FY2018-Q3RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016. Accordingly, when a large-scale purchase is proposed, the purchaser will provide information in advance. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts, including financial advisors, certified public accountants, attorneys, consultants and other specialists, as necessary.」
The disclosure reiterates the takeover defense measures approved at the 94th Annual General Meeting of Shareholders and the operating procedures, including advance provision of information, review by the Board of Directors and advice from external experts. - FY2018-Q2RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016. Accordingly, when a large-scale purchase is proposed, the purchaser will provide information in advance. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts, including financial advisors, certified public accountants, attorneys, consultants and other specialists, as necessary.」
The disclosure reiterates the takeover defense measures approved at the 94th Annual General Meeting of Shareholders and the operating procedures, including advance provision of information, review by the Board of Directors and advice from external experts. - FY2018-Q1RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016.」
The disclosure reiterates the continuation of the takeover defense measures approved at the 94th Annual General Meeting of Shareholders and the procedures involving advance provision of information, review by the Board of Directors and advice from external experts. - FY2017RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016.」
The disclosure reiterates the continuation of the takeover defense measures approved at the 94th Annual General Meeting of Shareholders and the procedures involving advance provision of information, review by the Board of Directors and advice from external experts. - FY2017-Q3RestatedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016. Accordingly, when a large-scale purchase is proposed, the purchaser will provide information in advance. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts, including financial advisors, certified public accountants, attorneys, consultants and other specialists, as necessary.」
The disclosure reiterates the takeover defense measures approved for continuation at the 94th Annual General Meeting of Shareholders and the operating procedures, including advance provision of information, review by the Board of Directors and advice from external experts. - FY2017-Q2AdvancedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 94th Annual General Meeting of Shareholders held on 24 June 2016. Accordingly, when a large-scale purchase is proposed, the purchaser will provide information in advance. After receiving that information, the Board of Directors will carefully consider and disclose its opinion as the Company’s Board of Directors on the proposed large-scale purchase, obtaining advice from independent external experts as necessary.」
The update states specifically that continuation of the takeover defense measures was approved at the 94th Annual General Meeting of Shareholders. - FY2017-Q1First statedAnnual report
「In light of these considerations, the “Measures to Address Large-Scale Purchases of the Company’s Shares (Takeover Defense Measures)” have been continued with the approval of shareholders at the 91st Annual General Meeting of Shareholders held on 25 June 2013.」
The disclosure describes the continuation of takeover defense measures, including the advance provision of information by a large-scale purchaser, review and disclosure by the Board of Directors, negotiations to improve the terms and presentation of alternative proposals, and consultation with the Independent Committee.