Regular Review of the Rationale for Strategic Shareholdings
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2025.
105 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Holdings with a decrease in the number of shares during the current fiscal year: shares other than unlisted shares, 1, 53,981」
For cross-shareholdings, the Company conducted a review of their rationale at a Board of Directors meeting in December 2024, sold 1 holding other than unlisted shares, and disclosed sale proceeds of ¥53,981 million. - FY2022RestatedAnnual report
「The review of the rationale for holding the shares was conducted at a Board of Directors meeting held in December 2021.」
The Company reconfirms its policy of conducting qualitative and quantitative evaluations of cross-shareholdings annually at Board of Directors meetings, as well as the implementation of this review in December 2021. - FY2022-Q2AdvancedAnnual report
「The Company quantitatively and qualitatively evaluates the rationale for holding cross-shareholdings and reduces holdings when it determines that the rationale has weakened. Following a review of its holding in the company's shares from the perspective of asset efficiency and other factors, the Company decided to reduce its ownership ratio.」
Based on its evaluation of the rationale for holding cross-shareholdings, the Company took concrete action to reduce its ownership ratio in INPEX shares from the perspective of asset efficiency. - FY2020AdvancedAnnual report
「The review of the rationale for holding the shares was conducted at a Board of Directors meeting held in December 2019.」
The Company disclosed that the Board of Directors' annual review of the rationale for cross-shareholdings was conducted in December 2019. - FY2019First statedAnnual report
「The Board of Directors conducts an annual review of individual listed holdings based on the benefits and risks arising from the Company's purpose for holding them, as well as the cost of capital, and considers whether continued ownership is appropriate.」
For cross-shareholdings, the Company has disclosed for the first time as a standalone topic its policy of having the Board of Directors annually consider whether continued ownership is appropriate based on the benefits, risks and cost of capital.