Renewal of takeover defense measures
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
「As a result, the company determined that the need for the Plan had relatively decreased and resolved at a Board of Directors meeting held on 10 April 2019 not to continue the Plan.」
It states that the company resolved at a Board of Directors meeting held on 10 April 2019 not to continue the takeover defense measures. - FY2018RestatedAnnual report
「When a large-scale purchase of the company's shares is made, the company updated its response measures concerning large-scale acquisitions of its shares, or takeover defense measures, based on resolutions of the Board of Directors dated 12 April 2016 and the 44th Annual General Meeting of Shareholders dated 13 May 2016. The framework enables the Board of Directors to propose alternatives to shareholders, secure the information and time necessary for shareholders to determine whether to accept the large-scale purchase, and negotiate on behalf of shareholders. The measures updated thereafter are referred to below as the "Plan."」
It restates the purpose of the updated takeover defense measures and the framework for securing information, time for consideration, and an opportunity to negotiate. - FY2018-Q3RestatedAnnual report
「Once the Independent Committee determines that it has received information from the purchaser or other party and information from the company's Board of Directors, it will, in principle, consider the terms of the purchaser's proposed purchase and collect, compare and examine information on the purchaser's and the Board of Directors' business plans, as well as consider alternatives proposed by the Board of Directors, until 90 days have elapsed from receipt of the information.」
It restates the Independent Committee's consideration procedures under the updated takeover defense measures, including a consideration period of 90 days in principle. - FY2018-Q2RestatedAnnual report
「When a large-scale purchase of the company's shares is made, the company updated its response measures concerning large-scale acquisitions of its shares, or takeover defense measures, based on resolutions of the Board of Directors dated 12 April 2016 and the 44th Annual General Meeting of Shareholders dated 13 May 2016. The framework enables the Board of Directors to propose alternatives to shareholders, secure the information and time necessary for shareholders to determine whether to accept the large-scale purchase, and negotiate on behalf of shareholders. The measures updated thereafter are referred to below as the "Plan."」
It restates the update of the takeover defense measures based on resolutions of the Board of Directors and the General Meeting of Shareholders, and the framework for securing information, time for consideration, and an opportunity to negotiate. - FY2018-Q1RestatedAnnual report
「When a large-scale purchase of the company's shares is made, the company updated its response measures concerning large-scale acquisitions of its shares, or takeover defense measures, based on resolutions of the Board of Directors dated 12 April 2016 and the 44th Annual General Meeting of Shareholders dated 13 May 2016. The framework enables the Board of Directors to propose alternatives to shareholders, secure the information and time necessary for shareholders to determine whether to accept the large-scale purchase, and negotiate on behalf of shareholders. The measures updated thereafter are referred to below as the "Plan."」
It restates the update of the takeover defense measures based on resolutions of the Board of Directors and the General Meeting of Shareholders, and the framework for securing information, time for consideration, and an opportunity to negotiate. - FY2017-Q3RestatedAnnual report
「The Independent Committee may, at the company's expense, obtain advice from financial advisers, certified public accountants, attorneys, tax accountants, consultants and other experts.」
It restates the framework under the updated takeover defense measures for the Independent Committee's review procedures and use of experts. - FY2017-Q2RestatedAnnual report
「Once the Independent Committee determines that it has received information from the purchaser or other party and information from the company's Board of Directors, it will, in principle, consider the terms of the purchaser's proposed purchase and collect, compare and examine information on the purchaser's and the Board of Directors' business plans, as well as consider alternatives proposed by the Board of Directors, until 90 days have elapsed from receipt of the information.」
It restates the procedures under the updated takeover defense measures, including the submission of information, the Independent Committee's consideration period of 90 days in principle, and confirmation of shareholder intent. - FY2017-Q1First statedAnnual report
「When a large-scale purchase of the company's shares is made, the company updated its response measures concerning large-scale acquisitions of its shares, or takeover defense measures, based on resolutions of the Board of Directors dated 12 April 2016 and the 44th Annual General Meeting of Shareholders dated 13 May 2016. The framework enables the Board of Directors to propose alternatives to shareholders, secure the information and time necessary for shareholders to determine whether to accept the large-scale purchase, and negotiate on behalf of shareholders.」
It has updated takeover defense measures based on resolutions of the Board of Directors and the Annual General Meeting of Shareholders, securing information on the purchase, time for consideration, and an opportunity to negotiate.