Response Plan for Large-Scale Purchases
First written in FY2016. 18 of 25 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「As the current plan will expire upon the conclusion of the 92nd annual general meeting of shareholders scheduled for 26 June 2026, the board of directors decided on 25 May 2026 to renew the current plan, subject to shareholder approval at that annual general meeting.」
The Company decided to renew the takeover defense measure renewed in 2023, subject to approval at the annual general meeting of shareholders on 26 June 2026. - FY2024-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter consolidated period with respect to the basic policy concerning the appropriate person to control decisions on the Company's financial and business policies.」
States that there have been no material changes to the basic policy, including measures to address large-scale purchases. - FY2023AdvancedAnnual report
「As the current plan will expire upon the conclusion of the 89th annual general meeting of shareholders held on 23 June 2023, the Company renewed the plan with shareholder approval at that meeting.」
The Company obtained shareholder approval at the annual general meeting of shareholders on 23 June 2023 and renewed the takeover defense measure. The renewed plan applies to acquisitions, etc. that result in a shareholding ratio of 20% or more. - FY2022-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter consolidated period with respect to the basic policy concerning the appropriate person to control decisions on the Company's financial and business policies.」
States that there have been no material changes to the basic policy, including measures to address large-scale purchases. - FY2021-Q3RestatedAnnual report
「The takeover defense measure introduced under this policy was approved by shareholders at the 86th annual general meeting of shareholders held on 25 June 2020, and its effective period was renewed.」
The Company continues to disclose the renewal of the effective period of the takeover defense measure approved at the annual general meeting of shareholders on 25 June 2020. - FY2021-Q2RestatedAnnual report
「The takeover defense measure introduced under this policy was approved by shareholders at the 86th annual general meeting of shareholders held on 25 June 2020, and its effective period was renewed.」
The Company continues to disclose the renewal of the effective period of the takeover defense measure approved at the annual general meeting of shareholders on 25 June 2020. - FY2021-Q1AdvancedAnnual report
「The takeover defense measure introduced under this policy was approved by shareholders at the 86th annual general meeting of shareholders held on 25 June 2020, and its effective period was renewed.」
The Company obtained shareholder approval at the annual general meeting of shareholders on 25 June 2020 and renewed the effective period of the takeover defense measure. - FY2020AdvancedAnnual report
「As the current plan will expire upon the conclusion of the 86th annual general meeting of shareholders held on 25 June 2020, the Company renewed the plan with shareholder approval at that meeting.」
The takeover defense measure renewed in 2017 was approved at the annual general meeting of shareholders on 25 June 2020, and the Company changed to the renewed plan. - FY2020-Q3RestatedAnnual report
「The plan clarifies the rules that persons seeking to conduct a large-scale purchase of the Company's shares must follow, secures the information and time necessary and sufficient for shareholders to make an appropriate decision and an opportunity to negotiate with such persons, enables the board of directors, based on recommendations from the independent committee, to present shareholders with an opinion for or against the large-scale purchase or an alternative proposal, and enables the board to negotiate with the person seeking to conduct the large-scale purchase for the benefit of shareholders.」
The Company continues to disclose the framework of the takeover defense measure renewed in June 2017, including securing information and time, recommendations from the independent committee and negotiations with the purchaser. The measure applies to acquisitions, etc. that result in a shareholding ratio of 20% or more. - FY2020-Q2RestatedAnnual report
「The plan clarifies the rules that persons seeking to conduct a large-scale purchase of the Company's shares must follow, secures the information and time necessary and sufficient for shareholders to make an appropriate decision and an opportunity to negotiate with such persons, enables the board of directors, based on recommendations from the independent committee, to present shareholders with an opinion for or against the large-scale purchase or an alternative proposal, and enables the board to negotiate with the person seeking to conduct the large-scale purchase for the benefit of shareholders.」
The Company continues to disclose the framework of the takeover defense measure renewed in June 2017, including securing information and time, recommendations from the independent committee and negotiations with the purchaser. - FY2020-Q1RestatedAnnual report
「The plan clarifies the rules that persons seeking to conduct a large-scale purchase of the Company's shares must follow, secures the information and time necessary and sufficient for shareholders to make an appropriate decision and an opportunity to negotiate with such persons, enables the board of directors, based on recommendations from the independent committee, to present shareholders with an opinion for or against the large-scale purchase or an alternative proposal, and enables the board to negotiate with the person seeking to conduct the large-scale purchase for the benefit of shareholders.」
The Company continues to disclose the framework of the takeover defense measure renewed in June 2017, including securing information and time, recommendations from the independent committee and negotiations with the purchaser. - FY2019-Q3RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc." (i) A purchase of shares issued by the Company that results in the purchaser's shareholding ratio reaching 20% or more」
The Company continues to disclose the takeover defense measure renewed at the annual general meeting of shareholders on 28 June 2017 and the response framework applicable to acquisitions of 20% or more of the shares, etc. - FY2019-Q2RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc."」
The Company continues to disclose the takeover defense measure renewed at the annual general meeting of shareholders on 28 June 2017 and the framework for responding to large-scale purchases, etc. - FY2019-Q1RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc."」
The Company continues to disclose the plan renewed at the annual general meeting of shareholders on 28 June 2017. The framework applies to holdings of 20% or more and tender offers, and maintains the ability to secure the information and time needed for shareholders to make a decision and to obtain recommendations from the independent committee. - FY2018RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc."」
The Company reiterated the takeover defense measure renewed at the annual general meeting of shareholders on 28 June 2017 and continues the framework applicable to holdings of 20% or more and tender offers. - FY2018-Q3RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc."」
The Company reiterated the takeover defense measure renewed at the annual general meeting of shareholders on 28 June 2017 and continues the framework applicable to holdings of 20% or more and tender offers. - FY2018-Q2RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc."」
The Company reiterated the takeover defense measure renewed at the annual general meeting of shareholders on 28 June 2017, including the framework applicable to holdings of 20% or more and tender offers. - FY2018-Q1RestatedAnnual report
「The plan applies when a purchase of the Company's shares or a similar transaction falling under (i) or (ii) below is conducted, excluding transactions approved by the Company's board of directors. Such transactions are referred to below as "large-scale purchases, etc."」
The Company reiterated the plan renewed at the annual general meeting of shareholders on 28 June 2017. The framework continues to apply to holdings of 20% or more and tender offers, and enables the Company to secure the information and time needed for shareholders to make a decision and to obtain recommendations from the independent committee. - FY2017AdvancedAnnual report
「As the current plan will expire upon the conclusion of the annual general meeting of shareholders held on 28 June 2017, the Company renewed the plan with the approval of shareholders at that meeting.」
Upon expiration of the previous takeover defense measure, the Company obtained approval at the annual general meeting of shareholders on 28 June 2017 and renewed the plan. - FY2017-Q3RestatedAnnual report
「The board of directors concluded that it remains necessary to clarify the rules that persons seeking to conduct a large-scale purchase of the Company's shares or other securities must follow, secure the information and time necessary and sufficient for shareholders to make an appropriate decision, and provide an opportunity to negotiate with such persons. The board therefore decided to renew the previous plan after making partial revisions.」
For acquisitions of 20% or more, the Company reiterated the response plan, including the submission of a letter of intent and required information, a 60- or 90-day board evaluation period with an extension of up to 30 days, recommendations by the independent committee and the gratis allotment of stock acquisition rights. - FY2017-Q2RestatedAnnual report
「The board of directors concluded that it remains necessary to clarify the rules that persons seeking to conduct a large-scale purchase of the Company's shares or other securities must follow, secure the information and time necessary and sufficient for shareholders to make an appropriate decision, and provide an opportunity to negotiate with such persons. The board therefore decided to renew the previous plan after making partial revisions.」
For acquisitions of 20% or more, the Company reiterated the response plan, including the submission of a letter of intent and required information, a 60- or 90-day board evaluation period with an extension of up to 30 days, recommendations by the independent committee and the gratis allotment of stock acquisition rights. - FY2017-Q1RestatedAnnual report
「The plan is effective for 3 years, from the conclusion of the annual general meeting of shareholders held on 26 June 2014 through the conclusion of the annual general meeting of shareholders scheduled for June 2017.」
The Company reiterated the effective period of the takeover defense measure, procedures applicable to acquisitions of 20% or more, the board evaluation period and recommendations by the independent committee. No significant changes were stated. - FY2016First statedAnnual report
「The board of directors concluded that it remains necessary to clarify the rules that persons seeking to conduct a large-scale purchase of the Company's shares or other securities must follow, secure the information and time necessary and sufficient for shareholders to make an appropriate decision, and provide an opportunity to negotiate with such persons. The board therefore decided to renew the previous plan after making partial revisions.」
The plan applies to acquisitions of 20% or more and provides for a 60- or 90-day board evaluation period, an extension of up to 30 days, recommendations by an independent committee and the gratis allotment of stock acquisition rights. The plan is effective for 3 years, through the conclusion of the annual general meeting of shareholders scheduled for June 2017.