Reviewing the Significance of and Reducing Strategic Shareholdings
First written in FY2022. 2 of 6 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
23 other companies' latest entry also says "Other".
- FY2026No increase or sale of cross-shareholdingsAnnual report
「(Securities whose number of shares increased during the fiscal year) Unlisted securities: 1 security, 5,485; increase due to an additional contribution to an investment partnership. (Securities whose number of shares decreased during the fiscal year) None.」
Regarding cross-shareholdings, 1 unlisted security increased by ¥5.485 million due to an additional contribution to an investment partnership, and there were no sales during the fiscal year. - FY2025Updated the changes in cross-shareholdingsAnnual report
「(Securities whose number of shares decreased during the fiscal year) 2 unlisted securities were sold for ¥20.000 million.」
Regarding cross-shareholdings, 2 unlisted securities were sold for ¥20.000 million, while 1 unlisted security was acquired for ¥14.999 million in connection with an additional contribution to an investment partnership. - FY2024RestatedAnnual report
「Under the basic policy of disposing of or reducing cross-shareholdings whose significance is considered to have diminished as promptly as possible, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year. If any holding is not considered to contribute to the Group's sustainable growth and the enhancement of corporate value over the medium to long term, the results of the verification will be disclosed, and the Company will engage in necessary and sufficient dialogue with the investee company as a shareholder. Holdings for which no improvement is recognized even after dialogue will be sold in a timely and appropriate manner.」
The Company has reaffirmed its policy of verifying the significance of cross-shareholdings, engaging in dialogue and selling holdings where no improvement is achieved. There were no securities whose number of shares decreased during the fiscal year. - FY2023AdvancedAnnual report
「(Securities whose number of shares decreased during the fiscal year) 1 unlisted security was sold for ¥10,000.」
In connection with the policy of reducing cross-shareholdings, the Company disclosed the sale of 1 unlisted security. - FY2023-Q1AdvancedAnnual report
「On 31 August 2022, the Company transferred all of its holdings in 1 listed security. As a result of the transfer, the Company expects to record a gain on the transfer of ¥114 million as extraordinary income.」
Regarding cross-shareholdings, all shares held in 1 listed security were transferred, and a gain on the transfer of ¥114 million is expected. The policy of disposing of or reducing holdings with limited significance progressed to an actual sale. - FY2022First statedAnnual report
「Under the basic policy of disposing of or reducing cross-shareholdings whose significance is considered to have diminished as promptly as possible, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year. If any holding is not deemed to contribute to the sustainable growth of the Group and the improvement of corporate value over the medium to long term, the Company will disclose the results of its review and engage in sufficient dialogue with the investee company as a shareholder.」
For cross-shareholdings, the Company has, for the first time, described as a standalone topic its basic policy of having the Board of Directors verify the significance of such holdings each fiscal year, engaging in dialogue and disposing of or reducing holdings as necessary.