Garden (274A) · PolicyFirst stated

Reviewing the Rationale for Cross-Shareholdings and Policy of Reducing Them

First written in FY2026. . Latest entry: FY2026.

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Review of the Economic Rationale for Holding Policy-Oriented SharesA theme 1248 companies write about · 1 as a headwind · 663 as a tailwind

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FY2026First statedAnnual report
「We assess the rationale for holding shares by comparing the benefits and risks associated with the holdings against the cost of capital, taking into account transaction status with business partners and our business strategy. Based on the results, if the purpose of holding the shares has become less meaningful, we will review the holdings, including by reducing them, while considering market conditions and other factors.」
For cross-shareholdings, the company disclosed for the first time a policy of comparing benefits and risks with the cost of capital and reducing holdings if the purpose of holding them diminishes.

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