Reviewing the purpose of holding cross-shareholdings and disposing of them when necessary
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY2026RestatedAnnual report
「We review the appropriateness of holding each individual security once a year. We will dispose of shares as promptly as possible when we believe the significance of holding them as strategic shareholdings has diminished.」
The company continues to conduct an annual review of the appropriateness of its strategic shareholdings and to dispose of holdings when their significance has diminished. There was no change in the number of shares held during the fiscal year. - FY2024AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Unlisted shares 1 200 (Reason for decrease) Sale」
The company disclosed that it sold 1 unlisted strategic holding. - FY2023RestatedAnnual report
「We review the appropriateness of holding each individual security once a year. We will dispose of shares as promptly as possible when we believe the significance of holding them as strategic shareholdings has diminished.」
The company continues to conduct an annual review of the appropriateness of its strategic shareholdings and to dispose of holdings promptly when their significance has diminished. There was no change in the number of shares held during the fiscal year. - FY2022AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 97,619 (Reason for decrease) Sale due to unwinding of cross-shareholdings」
The company disclosed that it sold 1 listed holding as it unwound a cross-shareholding. - FY2020First statedAnnual report
「We review once a year whether it is appropriate to continue holding each individual security. Based on 31 March 2020, we reviewed the purpose of holding each security as a cross-shareholding and confirmed that all currently held cross-shareholdings are held for purposes consistent with our holding policy. We also have a policy of disposing of shares as promptly as possible when we determine that the purpose of holding them has diminished.」
For strategic shareholdings, the company has for the first time explicitly stated its policy of conducting monthly individual reporting and an annual review of the appropriateness of each holding, and promptly disposing of holdings whose strategic significance has diminished.