Policy of evaluating takeover proposals individually without introducing takeover defense measures
First written in FY2016. 13 of 14 entries say "Restated". Latest entry: FY2020-Q3.
16 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The Company has not introduced takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing takeover defense measures, evaluating acquisition proposals individually and responding as necessary, including with outside experts. - FY2020-Q2RestatedAnnual report
「The company has not currently adopted so-called takeover defenses. However, if a party announces a large-scale acquisition of the company's shares for the purpose of controlling or exercising influence over its assets and management rights, the company will carefully assess the appropriateness of the proposal in light of its basic policy and take the measures it considers most appropriate.」
The company has reiterated its policy of not adopting comprehensive takeover defenses and evaluating and responding to takeover proposals individually. - FY2019RestatedAnnual report
「The Company has not introduced takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate.」
The company has reiterated its policy of not adopting comprehensive takeover defenses and evaluating and responding to takeover proposals individually. - FY2019-Q3RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing comprehensive takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2019-Q2RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2019-Q1RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2018-Q3RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing comprehensive takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2018-Q2RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing comprehensive takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2018-Q1RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing comprehensive takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2017RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing comprehensive takeover defense measures, evaluating and negotiating each acquisition proposal, including with outside experts, and determining whether to take countermeasures as necessary. - FY2017-Q3RestatedAnnual report
「The Company has not currently introduced what is commonly referred to as takeover defense measures. However, if a party emerges announcing a large-scale acquisition of the Company's shares for the purpose of controlling or exerting influence over the Company's assets and management rights, the Company will carefully assess the appropriateness of the acquisition in light of its basic policy and take the measures it considers most appropriate. Specifically, the Company will evaluate the acquisition proposal and negotiate with the party making the announcement, including with outside experts. If, through this process, the Company determines that the proposal is inconsistent with its management philosophy or corporate value and does not contribute to the common interests of shareholders, it will establish a framework for promptly determining whether countermeasures are necessary, their content and other related matters, and implementing them.」
The Company has reiterated its policy of not introducing takeover defense measures, evaluating acquisition proposals individually and responding as necessary, including with the involvement of experts. - FY2017-Q2RestatedAnnual report
「The company has not currently adopted so-called takeover defenses. However, if a party announces a large-scale acquisition of the company's shares for the purpose of controlling or exercising influence over its assets and management rights, the company will carefully assess the appropriateness of the proposal in light of its basic policy and take the measures it considers most appropriate.」
The company has reiterated its policy of not adopting comprehensive takeover defenses and evaluating and responding to takeover proposals individually. - FY2017-Q1RestatedAnnual report
「The company has not currently adopted so-called takeover defenses. However, if a party announces a large-scale acquisition of the company's shares for the purpose of controlling or exercising influence over its assets and management rights, the company will carefully assess the appropriateness of the proposal in light of its basic policy and take the measures it considers most appropriate.」
The company has reiterated its policy of not adopting comprehensive takeover defenses and evaluating takeover proposals individually. - FY2016First statedAnnual report
「The company has not currently adopted so-called takeover defenses. However, if a party announces a large-scale acquisition of the company's shares for the purpose of controlling or exercising influence over its assets and management rights, the company will carefully assess the appropriateness of the proposal in light of its basic policy and take the measures it considers most appropriate.」
The company will not adopt comprehensive takeover defenses and will evaluate, negotiate and respond to each takeover proposal, including with the involvement of experts.