Review of the Economic Rationale for Strategic Shareholdings and Their Sale or Reduction
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2026.
48 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「At the Board of Directors meeting held each year, the company carefully examines the presence of medium- to long-term economic rationale and the significance of each individual holding, verifies whether it is appropriate to continue holding it, and sells or reduces holdings that it determines lack economic rationale.」
The company continues its policy of reviewing strategic shareholdings each year and selling or reducing holdings when no rationale is recognized. No holding had an increase or decrease in the number of shares during the fiscal year. - FY2025RestatedAnnual report
「At the Board of Directors meeting held each year, the company carefully examines the presence of medium- to long-term economic rationale and the significance of each individual holding, verifies whether it is appropriate to continue holding it, and sells or reduces holdings that it determines lack economic rationale.」
The company continues its policy of reviewing strategic shareholdings each year and selling or reducing holdings when no rationale is recognized. No holding had an increase or decrease in the number of shares during the fiscal year. - FY2022RestatedAnnual report
「At the Board of Directors meeting held each year, the company carefully examines the presence of medium- to long-term economic rationale and the significance of each individual holding, verifies whether it is appropriate to continue holding it, and sells or reduces holdings that it determines lack economic rationale.」
The company continues its policy of reviewing strategic shareholdings each year and selling or reducing holdings when no rationale is recognized. No holding had a decrease in the number of shares during the fiscal year. - FY2021AdvancedAnnual report
「The company held the shares to maintain a smooth business relationship but sold them.」
The company sold 1 strategic shareholding during the fiscal year for ¥44 million. - FY2020First statedAnnual report
「At the Board of Directors meeting held each year, the company carefully examines the presence of medium- to long-term economic rationale and the significance of each individual holding, verifies whether it is appropriate to continue holding it, and sells or reduces holdings that it determines lack economic rationale.」
For shares held for purposes other than pure investment, the company has explicitly stated for the first time its policy of reviewing the economic rationale and significance of each holding at the Board of Directors meeting each year and selling or reducing holdings that lack rationale.