Takeover defense measures emphasizing shareholder intent and independence
First written in FY2017-Q1. 6 of 8 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2023: 1 of 12 companies on the "Worse" side.
53 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「At a meeting of the Board of Directors held on 10 April 2019, the Company resolved not to continue this plan.」
States the decision not to continue operating an anti-takeover measure incorporating shareholder approval, confirmation of shareholder intent and an independent committee, among other features. - FY2018RestatedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It reaffirms the design of the measures, including shareholder approval, confirmation of shareholder intent, a term of approximately 3 years, and the possibility of abolition by the General Meeting of Shareholders. - FY2018-Q3RestatedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It reaffirms the design of the measures, including shareholder approval, confirmation of shareholder intent, a term of approximately 3 years, and the possibility of abolition by the General Meeting of Shareholders. - FY2018-Q2RestatedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It reaffirms the design of the measures, including shareholder approval, confirmation of shareholder intent, a term of approximately 3 years, and the possibility of abolition by the General Meeting of Shareholders. - FY2018-Q1RestatedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It reaffirms the design of the measures, including shareholder approval, confirmation of shareholder intent, a term of approximately 3 years, and the possibility of abolition by the General Meeting of Shareholders. - FY2017-Q3RestatedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It reaffirms the design of the takeover defense measures, including shareholder approval, confirmation of shareholder intent, a term of approximately 3 years, and the possibility of abolition. - FY2017-Q2RestatedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It reaffirms the design of the takeover defense measures, including shareholder approval, confirmation of shareholder intent, a term of approximately 3 years, and the possibility of abolition. - FY2017-Q1First statedAnnual report
「The Plan emphasizes shareholder intent because shareholders approved it when it was updated, a mechanism is in place to confirm shareholders' wishes on whether to activate the Plan in certain circumstances, and it includes a so-called sunset clause providing for a term of approximately 3 years and allowing the Plan to be abolished at any time by the company's General Meeting of Shareholders, even before the term expires.」
It explains that the takeover defense measures are designed to emphasize shareholder intent and objectivity through approval and confirmation of shareholder intent at a General Meeting of Shareholders, a term of approximately 3 years, the possibility of abolition, and the Independent Committee, among other features.