Managing and Reducing Cross-Shareholdings to Enhance Corporate Value over the Medium to Long Term
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2023.
49 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company’s policy is to reduce holdings it determines have little value in continuing to hold.」
The company continues to verify the strategic value of cross-shareholdings and maintains a policy of reducing holdings with little value. - FY2021RestatedAnnual report
「The company’s policy is to reduce holdings it determines have little value in continuing to hold.」
The company continues to verify the strategic value of cross-shareholdings and maintains a policy of reducing holdings with little value. - FY2020RestatedAnnual report
「The company’s policy is to reduce holdings it determines have little value in continuing to hold.」
The company continues to verify the contribution of cross-shareholdings to business relationships and its growth strategy, and maintains a policy of reducing holdings with little strategic value. - FY2019First statedAnnual report
「We will hold investment shares held for purposes other than pure investment when we determine that they will help establish stable business relationships or maintain and strengthen business alliances in line with our growth strategy and contribute to improving our corporate value over the medium to long term. For each holding, we comprehensively verify whether the purpose remains appropriate and whether the benefits obtained by strengthening the business relationship contribute to corporate value under our medium-term management plan. We will reduce holdings that we determine have little significance to retain.」
The company newly stated that it would hold cross-shareholdings after verifying their contribution to business relationships and growth strategy, while reducing holdings with limited strategic value.