Policy Shareholdings in Business Partners and Quarterly Reviews
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「As a general rule, the company acquires and holds these shares through an employee stock ownership plan, and the Board of Directors is to verify the status of transactions with business partners and the status of holdings, including the number of shares held, acquisition cost and market value, as well as the medium- to long-term economic rationale and the risks and returns associated with the holdings.」
The company continues its policy of holding shares of business partners through employee stock ownership plans and other arrangements, with the Board of Directors verifying the status of the holdings and their economic rationale. - FY2023RestatedAnnual report
「The Board of Directors is to verify the status of holdings, including the status of transactions with business partners, the number of shares held, acquisition cost and market value, as well as the medium- to long-term economic rationale and the risks and returns associated with the holdings.」
The company continues its policy of holding shares of business partners through employee stock ownership plans and other arrangements, with the Board of Directors verifying the status of the holdings and their economic rationale. - FY2022AdvancedAnnual report
「Following a review of the benefits of the holdings, the company sold them during the current fiscal year.」
Regarding strategic cross-shareholdings, the company sold its shares in SEC Carbon during the current fiscal year based on the results of its review of the benefits of the holdings. - FY2021RestatedAnnual report
「As a general rule, the company acquires and holds these shares through an employee stock ownership plan, and the Board of Directors verifies the transaction status with business partners and the status of holdings, including the number of shares held, acquisition cost and market value, as well as the medium- to long-term economic rationale and the risks and returns associated with the holdings.」
The company continues its policy of holding shares of business partners through employee stock ownership plans and other arrangements, with the Board of Directors verifying the rationale for the holdings. - FY2020RestatedAnnual report
「As a general rule, the company acquires and holds such shares through these employee stock ownership plans. At quarterly Board of Directors meetings, it comprehensively assesses the long-term and medium-term economic rationale and the risks and returns associated with the holdings, based on the status of transactions with business partners and the status of holdings, including the number of shares held, acquisition cost and market value, and verifies whether the holdings should be maintained.」
The company continues its policy of holding shares of business partners through employee stock ownership plans and other arrangements, and having the Board of Directors review the appropriateness of the holdings quarterly. - FY2019First statedAnnual report
「At quarterly Board of Directors meetings, the company comprehensively assesses the long-term and medium-term economic rationale and the risks and returns associated with such holdings, based on the status of transactions with business partners and the status of holdings, including the number of shares held, acquisition cost and market value, and verifies whether the holdings should be maintained.」
The company states a policy of holding shares of customers, suppliers and financial institutions with which it does business, and reviewing the appropriateness of the holdings quarterly based on transaction status, market value, and risks and returns.