Governance structure
Strategic shareholdings will be reduced except where they are held to strengthen business and collaboration relationships or secure revenue opportunities for sustained corporate value enhancement. In fiscal 2025, all shares held in 3 of the 10 listed companies were sold, and strategic shareholdings represented 5.8% of net assets at the end of fiscal 2025.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
In fiscal 2025, after confirming the rationale for holding all strategic shareholdings, all shares held in 3 of the 10 listed companies were sold. In January 2026, the ownership ratio of shares cross-held with Sumitomo Forestry Co.,Ltd. was changed.
| Item | Details |
|---|---|
| Committee | Sustainability Promotion Committee (percentage of outside members: Not disclosed), Group Management Promotion Committee (percentage of outside members: Not disclosed), Investment Strategy Committee (percentage of outside members: Not disclosed), Human Resources Strategy Committee (percentage of outside members: Not disclosed), Carbon Neutrality Measures Subcommittee (percentage of outside members: Not disclosed) |
| Policy on cross-shareholdings | Strategic shareholdings will be reduced except where they are held to strengthen business and collaboration relationships or secure revenue opportunities for sustained corporate value enhancement. In fiscal 2025, all shares held in 3 of the 10 listed companies were sold, and strategic shareholdings represented 5.8% of net assets at the end of fiscal 2025. |
| Changes this time | In fiscal 2025, after confirming the rationale for holding all strategic shareholdings, all shares held in 3 of the 10 listed companies were sold. In January 2026, the ownership ratio of shares cross-held with Sumitomo Forestry Co.,Ltd. was changed. |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As an integrated report, to communicate Kumagaigumi Group’s management policies, business strategy, and value-creation initiatives to stakeholders. Strategic shareholdings are being reduced to strengthen business and collaboration relationships, secure revenue opportunities, and improve capital efficiency in pursuit of sustained corporate value enhancement.