Annual Review of the Rationale for Strategic Shareholdings
First written in FY2019. 2 of 6 entries say "Restated". Latest entry: FY2026.
15 other companies' latest entry also says "Other".
- FY2026Updated the valuation and reinvestment status of cross-held sharesAnnual report
「Based on the Company's cost of capital, the Company will deliberate annually on the rationale for holding such shares after reviewing their medium- to long-term economic rationality and future outlook, and will promptly sell them when holding them is no longer rational.」
The policy of conducting an annual review of the rationale for holding the shares and selling them if the rationale ceases to exist remains in place. There are 4 policy shareholdings, with a balance-sheet carrying amount of ¥514.600 million, up from ¥287.730 million in the previous fiscal year. The number of Resona Holdings shares increased through dividend reinvestment. - FY2025Updated the amount of cross-shareholdings held and reinvestmentAnnual report
「These shares were acquired through the reinvestment of dividends from Resona Holdings, Inc. and are held to strengthen cooperation in real estate development projects and other activities within the Company's operating area.」
The policy of conducting an annual review of the rationale for holding the shares and selling them if the rationale ceases to exist remains in place. There are 4 policy shareholdings, with a balance-sheet carrying amount of ¥287.730 million. The number of Resona Holdings shares increased through dividend reinvestment. - FY2024RestatedAnnual report
「Based on the Company's cost of capital, the Company will deliberate annually on the rationale for holding such shares after reviewing their medium- to long-term economic rationality and future outlook, and will promptly sell them when holding them is no longer rational.」
Continued the policy of annually reviewing the rationale for holding cross-held shares and selling them when they are no longer rational. Disclosed 4 specified investment shares with a carrying amount of ¥248.498 million. - FY2021RestatedAnnual report
「Based on the Company's cost of capital, the Company will deliberate annually on the rationale for holding such shares after reviewing their medium- to long-term economic rationality and future outlook, and will promptly sell them when holding them is no longer rational.」
Continued the policy of conducting an annual review of cross-held shares based on the cost of capital, economic rationality and future outlook. - FY2020AdvancedAnnual report
「The shares were held to gather information for the construction of suburban-format stores, but were sold because the significance of holding them had diminished.」
Regarding cross-held shares, the Company sold 2 issues whose holding significance had diminished and recorded sales proceeds of ¥8.795 million and a gain on sale of ¥7.461 million. This described a specific example of executing the policy of selling shares when holding them is no longer rational. - FY2019First statedAnnual report
「Based on the Company's cost of capital, the Company will deliberate annually on the rationale for holding such shares after reviewing their medium- to long-term economic rationality and future outlook, and will promptly sell them when holding them is no longer rational.」
For cross-held shares held to strengthen business relationships, the Company stated for the first time that it would conduct an annual review based on the cost of capital, economic rationality and future outlook, and sell the shares if holding them is no longer rational.