Measures to Address Large-Scale Purchases of Shares
First written in FY2016. 10 of 14 entries say "Restated". Latest entry: 2026-05-19.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- 2026-05-19RestatedGeneral Meetings of Shareholders
「Based on such information, the board of directors will consult and negotiate with the acquirer as necessary and present the board’s opinion to shareholders. It will then take appropriate measures in accordance with the Financial Instruments and Exchange Act, the Companies Act, and other relevant laws and regulations, including efforts to secure sufficient time for shareholders to make an appropriate decision.」
The company reconfirmed its policy after abolishing the takeover defense measures, including requesting information, consulting and negotiating, presenting the board’s opinion, and securing time for shareholders to make a decision. - FY2022RestatedAnnual report
「As an initiative to prevent decisions on the company’s financial and business policies from being controlled by a party deemed inappropriate in light of the basic policy, we require any party seeking to make a large-scale purchase of our shares to provide the information necessary for shareholders and the Board of Directors to examine the details of the purchase.」
Following the abolition of the takeover defense measures, the company has continued its response policy of requesting information, having the Board of Directors consult and present its views, and securing time for shareholders to make a decision. - FY2020RestatedAnnual report
「As an initiative to prevent decisions on the company’s financial and business policies from being controlled by a party deemed inappropriate in light of the basic policy, we require any party seeking to make a large-scale purchase of our shares to provide the information necessary for shareholders and the Board of Directors to examine the details of the purchase.」
Following the abolition of the takeover defense measures, the company has continued its response policy of requesting information, having the Board of Directors consult and present its views, and securing time for shareholders to make a decision. - FY2020-Q2RestatedAnnual report
「As an initiative to prevent decisions on the company’s financial and business policies from being controlled by a party deemed inappropriate in light of the basic policy, we require any party seeking to make a large-scale purchase of our shares to provide the information necessary for shareholders and the Board of Directors to examine the details of the purchase. Based on that information and other materials, the Board of Directors will, as necessary, consult and negotiate with the acquirer and present its views to shareholders. We will then take appropriate measures in accordance with the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including working to secure sufficient time for shareholders to make an appropriate decision.」
Even after the takeover defense measures were abolished, the company has continued its legally based response policy of requesting information from large-scale purchasers, having the Board of Directors consult and present its views, and securing time for shareholders to make a decision. - FY2020-Q1ReframedAnnual report
「As an initiative to prevent decisions on the company’s financial and business policies from being controlled by a party deemed inappropriate in light of the basic policy, we require any party seeking to make a large-scale purchase of our shares to provide the information necessary for shareholders and the Board of Directors to examine the details of the purchase. Based on that information and other materials, the Board of Directors will, as necessary, consult and negotiate with the acquirer and present its views to shareholders. We will then take appropriate measures in accordance with the Financial Instruments and Exchange Act, the Companies Act and other applicable laws and regulations, including working to secure sufficient time for shareholders to make an appropriate decision.」
After the takeover defense measures were abolished, the company organized its response policy under applicable laws and regulations rather than as a formal Plan, including requests for information from large-scale purchasers, consultation and presentation of opinions by the Board of Directors, and securing time for shareholders to make a decision. - FY2019DroppedAnnual report
「At a meeting of the Board of Directors held on 14 May 2019, it was resolved that the Plan would not be continued and would be abolished at the conclusion of the 102nd Annual General Meeting of Shareholders held on 21 June of the same year, when the Plan’s effective period expired.」
It was resolved that the takeover defense measures covering large-scale purchases of 20% or more would not be continued and would be abolished at the conclusion of the Annual General Meeting of Shareholders on 21 June 2019. - FY2019-Q3RestatedAnnual report
「This plan sets out the procedures necessary to achieve the above objectives, including requiring a party seeking to acquire 20% or more of our share certificates or other securities to provide information in advance.」
The company continues its takeover defense measures covering large-scale purchases of 20% or more and requiring advance information, consideration by the Board of Directors and the General Meeting of Shareholders, and other procedures. - FY2019-Q2RestatedAnnual report
「This plan sets out the procedures necessary to achieve the above objectives, including requiring a party seeking to acquire 20% or more of our share certificates or other securities to provide information in advance.」
The company continues its takeover defense measures covering large-scale purchases of 20% or more and requiring advance information, consideration by the Board of Directors and the General Meeting of Shareholders, and other procedures. - FY2018-Q3RestatedAnnual report
「This plan sets out the procedures necessary to achieve the above objectives, including requiring a party seeking to acquire 20% or more of our share certificates or other securities to provide information in advance.」
The company continues its takeover defense measures covering large-scale purchases of 20% or more and requiring the provision of information in advance, among other matters. - FY2018-Q2RestatedAnnual report
「This plan sets out the procedures necessary to achieve the above objectives, including requiring a party seeking to acquire 20% or more of our share certificates or other securities to provide information in advance.」
The company continues its takeover defense measures covering large-scale purchases of 20% or more and requiring the provision of information in advance. - FY2017-Q3RestatedAnnual report
「This plan sets out the procedures necessary to achieve the above objectives, including requiring a party seeking to acquire 20% or more of our share certificates or other securities to provide information in advance.」
The company continues its takeover defense measures covering large-scale purchases of 20% or more and requiring the provision of information in advance, among other matters. - FY2017-Q2RestatedAnnual report
「At the 99th Annual General Meeting of Shareholders held on 24 June 2016, we received approval to update the measures for responding to large-scale purchases of our shares (takeover defense measures; hereinafter, the “Plan”).」
The measures for responding to large-scale purchases have continued with shareholder approval. - FY2017-Q1AdvancedAnnual report
「We believe that any decision on an acquisition proposal involving a transfer of control of the company should ultimately be based on the will of all shareholders.」
The 99th Annual General Meeting of Shareholders approved an update to the measures for responding to large-scale purchases of shares. - FY2016First statedAnnual report
「This plan sets out the procedures necessary to achieve the above objectives, including requiring a party seeking to acquire 20% or more of our share certificates or other securities to provide information in advance.」
A structure covering acquisitions of 20% or more that secures the information and time required for shareholders to make a decision, as well as an opportunity to negotiate.