Plan for Providing Information and Securing a Review Period for Large-Scale Purchases
First written in FY2016. 13 of 19 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 56 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「At the 86th Annual General Meeting of Shareholders held on 27 June 2025, shareholders approved the continuation of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares (the “Plan”),” with the policy remaining valid until the conclusion of the 89th Annual General Meeting of Shareholders to be held by 30 June 2028.」
Following approval at the June 2025 General Meeting of Shareholders, continuation of the response policy for large-scale purchases was approved, and its validity was extended until the conclusion of the 89th Annual General Meeting of Shareholders in 2028. The framework covering voting rights of 20% or more, the Independent Committee, and the information provision and evaluation period requirements also remains in place. - FY2025RaisedAnnual report
「If continuation of the Plan is approved, it will remain valid until the conclusion of the 89th Annual General Meeting of Shareholders to be held by 30 June 2028.」
For the response policy for large-scale purchases, the Company has submitted a proposal to the General Meeting of Shareholders to continue the current plan, which is valid through 2025, until the conclusion of the 89th Annual General Meeting of Shareholders to be held by 30 June 2028. The policy continues to cover voting rights of 20% or more and maintain the Independent Committee, information provision requirements, and evaluation periods of up to 60 or 90 days. Approval by the General Meeting of Shareholders is a condition. - FY2025-H1RestatedAnnual report
「There were no material changes during the current interim consolidated accounting period to the basic policy regarding the person who controls decisions on the Company's financial and business policies.」
The Company states that there have been no material changes to the basic policy regarding the appropriate form of control by a person who controls decisions on its financial and business policies. - FY2024-Q1RestatedAnnual report
「There have been no material changes to the basic policy regarding the appropriate form of control by a person who controls decisions on the Company’s financial and business policies.」
The Company states that there have been no material changes to the basic policy regarding the appropriate form of control by a person who controls decisions on its financial and business policies. - FY2022AdvancedAnnual report
「At the 83rd Annual General Meeting of Shareholders held on 29 June 2022, shareholders approved the continuation of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares (the “Plan”),” with the policy remaining valid until the conclusion of the 86th Annual General Meeting of Shareholders to be held by 30 June 2025.」
The response policy for large-scale purchases continued following approval by the General Meeting of Shareholders, and its validity was extended until the conclusion of the 86th Annual General Meeting of Shareholders to be held by 30 June 2025. The framework covering voting rights of 20% or more and establishing an Independent Committee also continues. - FY2021-Q3RestatedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 27 June 2019, shareholders approved the continuation, with partial amendments, of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares and Other Securities (Takeover Defense Measures)” (the “Current Plan”), with the amended response policy (the “Plan”) remaining valid until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022.」
The continuation of the amended response policy for large-scale purchases and its validity through 30 June 2022 are reiterated. The framework covering voting rights of 20% or more and the Independent Committee also continue. - FY2021-Q2RestatedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 27 June 2019, shareholders approved the continuation, with partial amendments, of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares and Other Securities (Takeover Defense Measures)” (the “Current Plan”), with the amended response policy (the “Plan”) remaining valid until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022.」
The amended response policy for large-scale purchases, its validity through 30 June 2022, and its framework covering voting rights of 20% or more are reiterated. - FY2021-Q1RestatedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 27 June 2019, shareholders approved the continuation, with partial amendments, of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares and Other Securities (Takeover Defense Measures)” (the “Current Plan”), with the amended response policy (the “Plan”) remaining valid until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022.」
The amended takeover defense measures approved at the June 2019 General Meeting of Shareholders, the framework covering voting rights of 20% or more, and the validity through 30 June 2022 are reaffirmed. - FY2020-Q3RestatedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 27 June 2019, shareholders approved the continuation, with partial amendments, of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares and Other Securities (Takeover Defense Measures)” (the “Current Plan”), with the amended response policy (the “Plan”) remaining valid until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022.」
The amended takeover defense measures approved at the June 2019 General Meeting of Shareholders and their validity through 30 June 2022 are reiterated. The framework covering voting rights of 20% or more and incorporating recommendations by the Independent Committee also continues. - FY2020-Q2RestatedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 27 June 2019, shareholders approved the continuation, with partial amendments, of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares and Other Securities (Takeover Defense Measures),” with the policy remaining valid until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022.」
The continuation of the response policy for large-scale purchases following partial amendments, its validity through 30 June 2022, and its framework covering voting rights of 20% or more are reiterated. The disclosure also describes the mechanism for establishing an Independent Committee and securing the provision of required information and an evaluation period of up to 60 or 90 days. - FY2019AdvancedAnnual report
「At the 80th Annual General Meeting of Shareholders held on 27 June 2019, shareholders approved the continuation, with partial amendments, of the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares and Other Securities (Takeover Defense Measures),” with the policy remaining valid until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022.」
The response policy for large-scale purchases continued with partial amendments following approval by the General Meeting of Shareholders, and its validity was extended until the conclusion of the 83rd Annual General Meeting of Shareholders to be held by 30 June 2022. The framework covers voting rights of 20% or more and includes an Independent Committee. - FY2019-Q1RestatedAnnual report
「Purchases of the Company’s shares covered by this plan are purchases of the Company’s share certificates or other securities intended to result in a specific shareholder group (Note 1) holding 20% or more of the voting rights (Note 2), or purchases that result in the specific shareholder group holding 20% or more of the voting rights.」
The plan continues to cover large-scale purchases resulting in voting rights of 20% or more and to establish a Board evaluation period of up to 60 days for cash tender offers and up to 90 days for other purchases after the required information is provided. It remains valid until the conclusion of the 80th Annual General Meeting of Shareholders to be held by 30 June 2019. - FY2018-Q3RestatedAnnual report
「Purchases of the Company’s shares covered by this plan are purchases of the Company’s share certificates or other securities intended to result in a specific shareholder group (Note 1) holding 20% or more of the voting rights (Note 2), or purchases that result in the specific shareholder group holding 20% or more of the voting rights. This excludes purchases previously approved by the Company’s Board of Directors and applies regardless of the specific method of purchase, including market transactions and tender offers. Such purchases are referred to below as “large-scale purchases,” and persons conducting them as “Large-Scale Purchasers.”」
The response policy continues to cover purchases resulting in voting rights of 20% or more and, after the required information is provided, to secure a Board evaluation period of up to 60 days for cash tender offers and up to 90 days for other purchases. It remains valid until the conclusion of the 80th Annual General Meeting of Shareholders to be held by 30 June 2019. - FY2018-Q2RestatedAnnual report
「A purchase of the Company's shares covered by this plan means a purchase of the Company's shares or other securities intended to result in a specified shareholder group holding a voting interest of 20% or more, or a purchase of the Company's shares or other securities that results in a specified shareholder group holding a voting interest of 20% or more.」
The response policy continues to cover purchases resulting in voting rights of 20% or more and, after the required information is provided, to secure a Board evaluation period of up to 60 days for cash tender offers and up to 90 days for other purchases. It remains valid until the conclusion of the 80th Annual General Meeting of Shareholders to be held by 30 June 2019. - FY2018-Q1RestatedAnnual report
「A purchase of the Company's shares covered by this plan means a purchase of the Company's shares or other securities intended to result in a specified shareholder group holding a voting interest of 20% or more, or a purchase of the Company's shares or other securities that results in a specified shareholder group holding a voting interest of 20% or more.」
The response policy continues to cover purchases resulting in voting rights of 20% or more and, after the required information is provided, to secure a Board evaluation period of up to 60 days for cash tender offers and up to 90 days for other purchases. It remains valid until the conclusion of the 80th Annual General Meeting of Shareholders to be held by 30 June 2019. - FY2017-Q3RestatedAnnual report
「Purchases of the Company’s shares covered by this plan are purchases of the Company’s share certificates or other securities intended to result in a specific shareholder group holding 20% or more of the voting rights, or purchases that result in the specific shareholder group holding 20% or more of the voting rights. A person conducting such a purchase is referred to as a “Large-Scale Purchaser.” The rules under this plan for providing information and securing time for review in the event of a large-scale purchase require (1) the Large-Scale Purchaser to provide the Company’s Board of Directors in advance with necessary and sufficient information, and (2) after the provision of the required information is complete, a Board evaluation period of up to 60 days for a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or up to 90 days for any other large-scale purchase, with the large-scale purchase to commence after the Board evaluation period has elapsed.」
The response policy continues to cover purchases resulting in voting rights of 20% or more and to secure the provision of required information and a Board evaluation period of up to 60 or 90 days. It remains valid until the conclusion of the 80th Annual General Meeting of Shareholders to be held by 30 June 2019. - FY2017-Q2RestatedAnnual report
「Purchases of the Company’s shares covered by this plan are purchases of the Company’s share certificates or other securities intended to result in a specific shareholder group holding 20% or more of the voting rights, or purchases that result in the specific shareholder group holding 20% or more of the voting rights. A person conducting such a purchase is referred to as a “Large-Scale Purchaser.” The rules under this plan for providing information and securing time for review in the event of a large-scale purchase require (1) the Large-Scale Purchaser to provide the Company’s Board of Directors in advance with necessary and sufficient information, and (2) after the provision of the required information is complete, a Board evaluation period of up to 60 days for a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or up to 90 days for any other large-scale purchase, with the large-scale purchase to commence after the Board evaluation period has elapsed.」
The response policy continues to cover purchases resulting in voting rights of 20% or more and to secure the provision of required information and a Board evaluation period of up to 60 or 90 days. - FY2017-Q1AdvancedAnnual report
「At a meeting of the Company’s Board of Directors held on 12 May 2016, the Company resolved to continue the “Response Policy Regarding Large-Scale Purchases of the Company’s Shares (the “Plan”).” At the 77th Annual General Meeting of Shareholders held on 29 June 2016, shareholders approved the continuation of the Plan. The Plan remains valid until the conclusion of the Company’s 80th Annual General Meeting of Shareholders to be held by 30 June 2019.」
The continuation of the response policy for large-scale purchases was finalized following approval by the Board of Directors and the General Meeting of Shareholders, and its validity was extended until the conclusion of the 80th Annual General Meeting of Shareholders to be held by 30 June 2019. - FY2016First statedAnnual report
「Purchases of the Company’s shares covered by this plan are purchases of the Company’s share certificates or other securities intended to result in a specific shareholder group holding 20% or more of the voting rights, or purchases that result in the specific shareholder group holding 20% or more of the voting rights. A person conducting such a purchase is referred to as a “Large-Scale Purchaser.” The rules under this plan for providing information and securing time for review in the event of a large-scale purchase require (1) the Large-Scale Purchaser to provide the Company’s Board of Directors in advance with necessary and sufficient information, and (2) after the provision of the required information is complete, a Board evaluation period of up to 60 days for a tender offer for all of the Company’s shares in which the consideration consists solely of cash in yen, or up to 90 days for any other large-scale purchase, with the large-scale purchase to commence after the Board evaluation period has elapsed.」
The plan covers purchases resulting in voting rights of 20% or more, with an evaluation period of up to 60 days for cash tender offers and up to 90 days for other purchases. The plan was valid through 30 June 2016.