Response Measures for Large-Scale Purchase Actions
First written in FY2016. 15 of 16 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and endeavoring to secure time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2023RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and endeavoring to secure time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2020-Q3RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and securing sufficient time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2020-Q2RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and securing sufficient time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2020-Q1RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and securing sufficient time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2019RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and securing sufficient time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2019-Q3RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and securing sufficient time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of providing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2019-Q2RestatedAnnual report
「Accordingly, with respect to persons seeking to conduct a large-scale purchase, we will take appropriate measures within the scope of the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including requesting the necessary and sufficient information for shareholders to make an informed decision, disclosing the Board of Directors' opinion and other matters, and securing sufficient time and information for shareholders to consider the proposal, in order to protect the Company's corporate value and, consequently, the common interests of shareholders.」
The basic policy of securing information on large-scale purchases, disclosing the Board of Directors' opinion and securing sufficient time for shareholders to consider the proposal is restated. - FY2018-Q3RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The response measures and procedures for large-scale purchases resulting in an ownership ratio of 20% or more after the purchase are restated. - FY2018-Q2RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The response measures and procedures for large-scale purchases resulting in an ownership ratio of 20% or more after the purchase are restated. - FY2018-Q1RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The response measures and procedures for large-scale purchases resulting in an ownership ratio of 20% or more after the purchase are restated. - FY2017RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The response measures for large-scale purchases resulting in an ownership ratio of 20% or more after the purchase are restated. - FY2017-Q3RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The criteria and procedures for large-scale purchases subject to the takeover defense measures are described as before. - FY2017-Q2RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The criteria for large-scale purchases subject to the takeover defense measures are described as before. - FY2017-Q1RestatedAnnual report
「The plan covers tender offers and similar transactions involving the Company's shares or other securities that would result in an ownership ratio of 20% or more after the purchase.」
The criteria and procedures applicable to the takeover defense measures are described as before. - FY2016First statedAnnual report
「The purpose of this plan is to enable shareholders to make an informed decision on whether to respond to a large-scale purchase, enable the Board of Directors to present shareholders with its opinion for or against the large-scale purchase or an alternative proposal, and enable it to negotiate on behalf of shareholders, by requiring the acquiring group to provide necessary information in advance and to undertake not to conduct a large-scale purchase for a specified period, thereby preventing large-scale purchases by persons falling under the exception criteria and others.」
The plan applies to tender offers and similar transactions that would result in an ownership ratio of 20% or more after the purchase, and sets out procedures for the provision of information, the review period and countermeasures.