Periodic Review of the Rationale for Continuing to Hold Cross-Shareholdings
First written in FY2021. 3 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「(Issues for which the number of shares decreased during the current fiscal year)」
The company sold 1 cross-shareholding for ¥173.378 million, reducing the number of holdings from 3 issues in the previous fiscal year to 2. - FY2025RestatedAnnual report
「For each individually held cross-shareholding, we periodically examine the rationale for continued ownership and assess whether continued ownership is appropriate from a qualitative perspective, taking into account the risks associated with holding the shares.」
The company continues its policy of periodically reviewing the rationale for continued ownership, risks, dividend yields and valuation differences for 3 cross-shareholdings. - FY2024RestatedAnnual report
「For each individually held cross-shareholding, we periodically examine the rationale for continued ownership and assess whether continued ownership is appropriate from a qualitative perspective, taking into account the risks associated with holding the shares.」
The company continues its policy of periodically reviewing the rationale and risks of continued ownership for each cross-shareholding. During the current fiscal year, there was no change in the number of shares held in 3 issues other than unlisted shares. - FY2023MitigatedAnnual report
「Based on these policies, during the fiscal year ended February 2023, we sold some cross-shareholdings. If we determine that the rationale for holding the remaining cross-shareholdings has diminished, we will reduce them as appropriate after reaching agreement on the timing and method of sale.」
The company sold 2 cross-shareholdings during the fiscal year ended February 2023 and stated its continuing policy of reducing such holdings if the rationale for ownership diminishes. - FY2022MitigatedAnnual report
「Based on these policies, during the fiscal year ended February 2022, we sold some cross-shareholdings. If we determine that the rationale for holding the remaining cross-shareholdings has diminished, we will reduce them as appropriate after reaching agreement on the timing and method of sale.」
The company sold 1 cross-shareholding and, together with the specific result, stated its policy of reducing such holdings as appropriate if the rationale for ownership diminishes. - FY2021First statedAnnual report
「For each individually held cross-shareholding, we periodically examine the rationale for continued ownership and assess whether continued ownership is appropriate from a qualitative perspective, taking into account the risks associated with holding the shares.」
The company first explicitly stated its policy of periodically reviewing the rationale and risks of continued ownership for each cross-shareholding. During the current fiscal year, it held 6 issues other than unlisted shares.