Review of Strategic Shareholdings Based on Business Synergies, Benefits and Cost of Capital
First written in FY2021. 2 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
104 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In May 2022, to improve asset efficiency through a review of strategically held shares, the company sold approximately half of the common shares of Nintendo Co.,Ltd. it held at the time. Since then, the two companies have continued discussions, and in March 2026 the company sold 6 million shares, taking into account the unchanged significance of the capital alliance since its inception and the current share prices of both companies.」
Based on its policy for verifying strategic shareholdings, the company sold 6 million Nintendo shares in March 2026, leaving 2,797,000 shares at the end of the period. The reduction is progressing with consideration given to both the partnership relationship and asset efficiency. - FY2023RestatedAnnual report
「For shares listed on a financial instruments exchange that are held for purposes other than pure investment, the Board of Directors is required to verify at least once a year, based on the considerations above, whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital. For holdings whose validity is not confirmed as a result of the verification, the company will consider reducing its holdings. The Board of Directors' verification confirmed that the holdings of each individual issue were appropriate.」
For strategically held shares, the annual verification of benefits and risks against the cost of capital and confirmation of the validity of the holdings continue. Following the stock split, the company's Nintendo Co.,Ltd. holdings amounted to 8,797,000 shares with a carrying amount of ¥45,137 million. - FY2023-Q3Cited as achievedAnnual report
「During the first quarter of the current consolidated fiscal year, the company sold common shares of Nintendo Co.,Ltd. ① Number of shares sold 879,700 shares ② Sale proceeds ¥49,580 million ③ Number of shares held after the sale 879,700 shares」
The sale of part of the company's Nintendo Co.,Ltd. holdings based on its policy for reviewing strategically held shares is reiterated, with 879,700 shares sold for ¥49,580 million. - FY2023-Q1Cited as achievedAnnual report
「During the first quarter of the current consolidated fiscal year, the company sold common shares of Nintendo Co.,Ltd. ① Number of shares sold 879,700 shares ② Sale proceeds ¥49,580 million ③ Number of shares held after the sale 879,700 shares」
The sale of part of the company's Nintendo Co.,Ltd. holdings based on its policy for reviewing strategically held shares was also reported for the first quarter, comprising 879,700 shares for ¥49.58 billion. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2022, the company resolved to sell part of its investment securities holdings and completed the sale on 11 May 2022.」
Based on its policy for reviewing strategically held shares, the company sold 879,700 Nintendo Co.,Ltd. shares for ¥49,580 million, reducing its holdings to approximately half. - FY2021First statedAnnual report
「For shares listed on a financial instruments exchange that are held for purposes other than pure investment, the Board of Directors is required to verify at least once a year, based on the considerations above, whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital. For holdings whose validity is not confirmed as a result of the verification, the company will consider reducing its holdings.」
For strategically held shares, the company has for the first time comprehensively stated a policy of verifying at least once a year at meetings of the Board of Directors whether the holdings contribute to medium- to long-term increases in corporate value and financial soundness, and whether the benefits and risks of holding them are commensurate with the cost of capital.