Continued Holding and Review of Strategic Shareholdings Based on Business Relationships and Contribution to Corporate Value Enhancement
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
49 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The rationality of each holding is assessed comprehensively from both quantitative and qualitative perspectives. Quantitatively, the benefits and risks associated with holding each security, including dividends and share prices, are reviewed in light of the cost of capital. Qualitatively, in addition to the primary purposes of maintaining and strengthening business relationships, the Company reviews the presence or absence of synergies with its business strategy and the impact on corporate value.」
The Company has reconfirmed its policy of holding cross-shareholdings from the perspectives of business relationships and corporate value enhancement, with reviews by the Board of Directors and other bodies from both quantitative and qualitative perspectives. - FY2025RestatedAnnual report
「The Company’s policy is to hold investment securities whose purpose is other than pure investment only when it determines that doing so will contribute to enhancing corporate value through the maintenance and strengthening of ongoing business relationships.」
The Company has reconfirmed its policy of holding cross-shareholdings based on the maintenance and strengthening of business relationships and their contribution to corporate value, with periodic reviews by the Board of Directors. - FY2021First statedAnnual report
「The Company’s policy is to hold investment securities whose purpose is other than pure investment only when it determines that doing so will contribute to enhancing corporate value through the maintenance and strengthening of ongoing business relationships.」
For cross-shareholdings, the maintenance and strengthening of business relationships and contribution to corporate value are conditions for holding the shares, and the purpose of holding them, transaction status and economic rationality are to be reviewed periodically by the Board of Directors.