Policy on Responses to Large-Scale Share Acquisitions
First written in FY2017-Q1. 9 of 13 entries say "Restated". Latest entry: FY2025.
- FY2025Validity extended through 2027Annual report
「The policy, including the rules, is effective until the conclusion of the Annual General Meeting of Shareholders scheduled to be held in 2027, in order to allow for regular reviews.」
Regarding the policy for responding to large-scale acquisitions of shares, the framework covering information provision, the evaluation period and countermeasures for acquisitions representing 20% or more of the voting rights was maintained, with the validity period set to the conclusion of the Annual General Meeting of Shareholders scheduled to be held in 2027. - FY2021Validity period updated through 2024Annual report
「The proposal entitled “Approval of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measure)” was submitted to the 96th Annual General Meeting of Shareholders held on 26 May 2021 and approved by the shareholders. ... The validity period of this takeover defense measure is until the conclusion of the Annual General Meeting of Shareholders scheduled for May 2024.」
The advance-warning takeover defense measure was renewed with shareholder approval, extending its validity period to the conclusion of the Annual General Meeting of Shareholders in May 2024. - FY2021-Q3RestatedAnnual report
「This is an “advance-warning” takeover defense measure. Parties seeking to acquire shares representing 20% or more of the voting rights of the Company are required to comply with takeover rules, including providing the Company with sufficient information on the acquirers of the large block of shares, the basis for calculating the acquisition price, the method of purchase, the source of acquisition funds and management policies after the acquisition.」
The advance-warning policy requiring acquirers of shares representing 20% or more of the voting rights to provide sufficient information has been reiterated. Its validity period is set to the conclusion of the Annual General Meeting of Shareholders in May 2021. - FY2021-Q2RestatedAnnual report
「This is an “advance-warning” takeover defense measure. Parties seeking to acquire shares representing 20% or more of the voting rights of the Company are required to comply with takeover rules, including providing the Company with sufficient information on the acquirers of the large block of shares, the basis for calculating the acquisition price, the method of purchase, the source of acquisition funds and management policies after the acquisition.」
The advance-warning policy continues to require acquirers of shares representing 20% or more of the voting rights to provide sufficient information, securing the information and time shareholders need to make a decision. Its validity period is set to the conclusion of the Annual General Meeting of Shareholders in May 2021. - FY2020-Q3RestatedAnnual report
「This is an “advance-warning” takeover defense measure. Parties seeking to acquire shares representing 20% or more of the voting rights of the Company are required to comply with takeover rules, including providing the Company with sufficient information on the acquirers of the large block of shares, the basis for calculating the acquisition price, the method of purchase, the source of acquisition funds and management policies after the acquisition.」
The advance-warning policy continues to require acquirers of shares representing 20% or more of the voting rights to provide sufficient information, securing the information and time shareholders need to make a decision. Its validity period is until the conclusion of the Annual General Meeting of Shareholders in May 2021. - FY2019RestatedAnnual report
「This is an “advance-warning” takeover defense measure. Parties seeking to acquire shares representing 20% or more of the voting rights of the Company are required to comply with takeover rules, including providing the Company with sufficient information on the acquirers of the large block of shares, the basis for calculating the acquisition price, the method of purchase, the source of acquisition funds and management policies after the acquisition.」
The policy continues to require acquirers of shares representing 20% or more of the voting rights to provide information, securing the information and time shareholders need to make a decision. - FY2019-Q2RestatedAnnual report
「This is an “advance-warning” takeover defense measure. Parties seeking to acquire shares representing 20% or more of the voting rights of the Company are required to comply with takeover rules, including providing the Company with sufficient information on the acquirers of the large block of shares, the basis for calculating the acquisition price, the method of purchase, the source of acquisition funds and management policies after the acquisition.」
The advance-warning policy requires acquirers of shares representing 20% or more of the voting rights to provide information, securing the time and information shareholders need to make a decision. Its validity period is until the conclusion of the Annual General Meeting of Shareholders in May 2021. - FY2019-Q1Validity period updated through 2021Annual report
「The proposal entitled “Continuation of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measure)” was submitted to the 93rd Annual General Meeting of Shareholders held on 23 May 2018 and approved by the shareholders. ... The validity period of this takeover defense measure is until the conclusion of the Annual General Meeting of Shareholders scheduled for May 2021.」
The advance-warning takeover defense measure was continued with shareholder approval, with its validity period set to the conclusion of the Annual General Meeting of Shareholders in May 2021. - FY2018-Q2RestatedAnnual report
「Whether to accept a takeover proposal should be decided by the shareholders. However, when a takeover proposal is made, the policy requires the prescribed procedures to be followed so that sufficient materials are provided to enable shareholders to make decisions based on sufficient and accurate information and adequate time. It also allows measures to be taken against takeover actions deemed clearly detrimental to the interests of shareholders generally. Accordingly, the proposal entitled “Continuation of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measures)” was submitted to the 90th Annual General Meeting of Shareholders held on 27 May 2015, and approved by the shareholders.」
The company continues to describe a pre-warning takeover defense measure designed to provide shareholders with sufficient information and time. The measure remains valid until the conclusion of the Annual General Meeting of Shareholders in May 2018. - FY2018-Q1RestatedAnnual report
「When a takeover proposal is made, the policy requires the prescribed procedures to be followed so that sufficient materials are provided to enable shareholders to make decisions based on sufficient and accurate information and adequate time. It also allows measures to be taken against takeover actions deemed clearly detrimental to the interests of shareholders generally. Accordingly, the proposal entitled “Continuation of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measures)” was submitted to the 90th Annual General Meeting of Shareholders held on 27 May 2015, and approved by the shareholders.」
The company continues to describe a pre-warning takeover defense measure designed to provide shareholders with sufficient information and time. The measure remains valid until the conclusion of the Annual General Meeting of Shareholders in May 2018. - FY2017-Q3RestatedAnnual report
「When a takeover proposal is made, the policy requires the prescribed procedures to be followed so that sufficient materials are provided to enable shareholders to make decisions based on sufficient and accurate information and adequate time. It also allows measures to be taken against takeover actions deemed clearly detrimental to the interests of shareholders generally. Accordingly, the proposal entitled “Continuation of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measures)” was submitted to the 90th Annual General Meeting of Shareholders held on 27 May 2015, and approved by the shareholders.」
The company continues to describe a pre-warning takeover defense measure designed to provide shareholders with sufficient information and time. The measure remains valid until the conclusion of the Annual General Meeting of Shareholders in May 2018. - FY2017-Q2RestatedAnnual report
「When a takeover proposal is made, the policy requires the prescribed procedures to be followed so that sufficient materials are provided to enable shareholders to make decisions based on sufficient and accurate information and adequate time. It also allows measures to be taken against takeover actions deemed clearly detrimental to the interests of shareholders generally. Accordingly, the proposal entitled “Continuation of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measures)” was submitted to the 90th Annual General Meeting of Shareholders held on 27 May 2015, and approved by the shareholders.」
The company continues to describe a pre-warning takeover defense measure designed to secure the information and time necessary for shareholders to make decisions. The measure remains valid until the conclusion of the Annual General Meeting of Shareholders in May 2018. - FY2017-Q1First statedAnnual report
「When a takeover proposal is made, the policy requires the prescribed procedures to be followed so that sufficient materials are provided to enable shareholders to make decisions based on sufficient and accurate information and adequate time. It also allows measures to be taken against takeover actions deemed clearly detrimental to the interests of shareholders generally. Accordingly, the proposal entitled “Continuation of the Policy for Responding to Large-Scale Acquisitions of Our Shares (Takeover Defense Measures)” was submitted to the 90th Annual General Meeting of Shareholders held on 27 May 2015, and approved by the shareholders.」
The company continues to maintain a pre-warning takeover defense measure designed to allow shareholders to make decisions based on sufficient information and time. It also specifies requests for information from acquirers seeking to obtain 20% or more of the voting rights and an evaluation period.