Review of the rationale for cross-shareholdings and resolutions on whether to retain them
First written in FY2020. 5 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
102 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The quantitative benefits of the holdings were periodically reviewed at the Board of Directors meeting held on 27 March 2026. However, because the review used transaction results and other information, the details have been omitted for confidentiality reasons. The rationale for the holdings is reviewed in accordance with the methods described under the holding policy, the methods for verifying the rationale for holdings, and the details of the Board of Directors’ and other reviews of the appropriateness of holding individual securities.」
States that policy-held shares were periodically reviewed by the Board of Directors on 27 March 2026. - FY2024AdvancedAnnual report
「The quantitative benefits of the holdings were periodically reviewed at the Board of Directors meeting held on 29 March 2024. However, because the review used transaction results and other information, the details have been omitted for confidentiality reasons. The rationale for the holdings is reviewed in accordance with the methods described under the holding policy, the methods for verifying the rationale for holdings, and the details of the Board of Directors’ and other reviews of the appropriateness of holding individual securities.」
States that policy-held shares were periodically reviewed by the Board of Directors on 29 March 2024. - FY2023AdvancedAnnual report
「The company conducted a periodic review of the quantitative benefits of the holdings at a Board of Directors meeting on 24 March 2023, but has omitted the details from the disclosure for confidentiality reasons because the review used transaction performance and other information. The rationale for holding the shares is reviewed in accordance with the methods described under the policy for holdings, the methods for reviewing the rationale for holdings, and the content of reviews by the Board of Directors and other bodies regarding whether to retain individual holdings.」
The company states that it conducted a periodic review of its cross-shareholdings at the Board of Directors meeting held on 24 March 2023. - FY2022AdvancedAnnual report
「The company conducted a periodic review of the quantitative benefits of the holdings at a Board of Directors meeting on 25 March 2022, but has omitted the details from the disclosure for confidentiality reasons because the review used transaction performance and other information. The rationale for holding the shares is reviewed in accordance with the methods described under the policy for holdings, the methods for reviewing the rationale for holdings, and the content of reviews by the Board of Directors and other bodies regarding whether to retain individual holdings.」
The company states that it conducted a periodic review of its cross-shareholdings at the Board of Directors meeting held on 25 March 2022. - FY2021AdvancedAnnual report
「The company conducted a periodic review of the quantitative benefits of the holdings at a Board of Directors meeting on 26 March 2021, but has omitted the details from the disclosure for confidentiality reasons because the review used transaction performance and other information.」
The company states that it conducted a periodic review of its cross-shareholdings at the Board of Directors meeting held on 26 March 2021. - FY2020First statedAnnual report
「Regarding reviews by the Board of Directors and other bodies of whether to retain individual holdings, the Board of Directors conducts a comprehensive annual review of the rationale for each holding, its purpose, the risks associated with holding it, and investment returns, and adopts a resolution on whether the holding should be retained.」
For cross-shareholdings, the company describes a policy of reviewing transaction performance, business performance, market value, dividends and other factors, and adopting a resolution at the Board of Directors once a year on whether to retain the holdings.