Review and Reduction of Cross-Shareholdings Based on Contribution to Enhancing Corporate Value
First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2026.
105 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 4 ¥1,376 thousand (Issues for which the number of shares decreased during the current fiscal year) Shares other than unlisted shares 1 ¥482 thousand」
The Company held 4 cross-shareholding issues, with a balance-sheet carrying amount of ¥1,376 thousand, and sold 1 issue for ¥482 thousand. Holdings were reduced further from the previous fiscal year. - FY2024AdvancedAnnual report
「(Issues for which the number of shares decreased during the current fiscal year) Shares other than unlisted shares 13 ¥9,332 thousand」
Following a review of the rationale for its cross-shareholdings, the Company sold 13 issues for ¥9,332 thousand. Holdings were substantially reduced from the previous fiscal year, and the number of issues held at the end of the current fiscal year was 5. - FY2023RestatedAnnual report
「The Company has a policy of holding shares in other companies after comprehensively considering whether doing so contributes to sustainable growth and the enhancement of corporate value over the medium to long term. The Company reviews the validity of its holdings at meetings of the Board of Directors and other bodies after examining the future prospects, share price and other conditions of the companies whose shares it holds. Shares determined no longer to meet the purpose for which they are held will be reduced.」
The Company continues to review the validity of cross-shareholdings based on their contribution to enhancing corporate value and to reduce holdings that do not meet their purpose. - FY2022RestatedAnnual report
「The Company has a policy of holding shares in other companies after comprehensively considering whether doing so contributes to sustainable growth and the enhancement of corporate value over the medium to long term. The Company reviews the validity of its holdings at meetings of the Board of Directors and other bodies after examining the future prospects, share price and other conditions of the companies whose shares it holds. Shares determined no longer to meet the purpose for which they are held will be reduced.」
The Company continues to review the validity of cross-shareholdings based on their contribution to enhancing corporate value and to reduce holdings that do not meet their purpose. - FY2020First statedAnnual report
「The Company has a policy of holding shares in other companies after comprehensively considering whether doing so contributes to sustainable growth and the enhancement of corporate value over the medium to long term. The Company reviews the validity of its holdings at meetings of the Board of Directors and other bodies after examining the future prospects, share price and other conditions of the companies whose shares it holds. Shares determined no longer to meet the purpose for which they are held will be reduced.」
For cross-shareholdings, the Company disclosed for the first time, in a consolidated form, its policy of reviewing the validity of holdings based on their contribution to enhancing corporate value and reducing holdings that no longer meet their purpose.