Review of the Rationale for Strategic Shareholdings and Decisions on Sales
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2025. Latest entry: FY2026.
104 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Shares other than unlisted shares: 1; sale value: ¥336.542 million」
Based on its policy of verifying the rationale for and selling policy-oriented shareholdings, the company sold 1 security and recorded a sale value of ¥336.542 million. - FY2026-H1AdvancedAnnual report
「Although there was ¥336 million in proceeds from the sale of investment securities, this was more than offset by ¥1,171 million in expenditures for the acquisition of property, plant and equipment, among other factors.」
After deciding to make partial sales of policy-oriented shareholdings, the company recorded ¥336 million in proceeds from the sale of investment securities and ¥336.542 million in gains on sales of investment securities during the interim period of the current consolidated fiscal year. The execution of the sale has been confirmed. - FY2025AdvancedAnnual report
「At a Board of Directors meeting held on 19 September 2025, the Company resolved to sell part of its investment securities.」
After verifying the rationale for its policy-oriented shareholdings, the company decided to make partial sales expected to generate approximately ¥400 million in gains on sales between 29 September and 1 October 2025. - FY2020RestatedAnnual report
「We periodically examine and verify whether to continue holding the shares from both quantitative perspectives, considering risk and return in light of the cost of capital, and qualitative perspectives that also take future prospects into account. If we determine that the rationale for holding them is no longer recognized or has weakened, we will proceed with the necessary steps toward selling them as appropriate.」
For policy-oriented shareholdings, the policy of periodically verifying their rationale in light of the cost of capital and selling them if their rationale weakens is continuing. - FY2019First statedAnnual report
「We periodically examine and verify whether to continue holding the shares from both quantitative perspectives, considering risk and return in light of the cost of capital, and qualitative perspectives that also take future prospects into account. If we determine that the rationale for holding them is no longer recognized or has weakened, we will proceed with the necessary steps toward selling them as appropriate.」
For policy-oriented shareholdings, the company has stated for the first time that it will analyze risk and return in light of the cost of capital, periodically decide whether to continue holding the shares, and sell them if their rationale weakens.