Review of the Rationale for Strategic Shareholdings and Policy to Reduce Them
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2025.
- FY2025Continued acquisition of cross-shareholdings; no salesAnnual report
「Shares other than unlisted shares 2 8,399 Strengthening relationships with business partners」
Regarding cross-shareholdings, the company acquired 2 listed issues for ¥8.399 million to strengthen relationships with business partners. No shares were sold during the current fiscal year. - FY2024Acquisition and sale of shares heldAnnual report
「(Issues whose number of shares increased during the current fiscal year) Shares other than unlisted shares 2 10,733 Strengthening relationships with business partners (Issues whose number of shares decreased during the current fiscal year) Unlisted shares 1 8,664」
Regarding cross-shareholdings, the company acquired 2 listed issues to strengthen relationships with business partners and sold 1 unlisted issue. Both acquisitions and sales are disclosed under the policy of reviewing the rationale for holdings and reducing them. - FY2023AdvancedAnnual report
「Shares other than unlisted shares 1 70」
During the current fiscal year, the company sold 1 issue among its cross-shareholdings, for total proceeds of ¥70 thousand. - FY2022AdvancedAnnual report
「(Issues whose number of shares decreased during the current fiscal year) Shares other than unlisted shares 1 96,327」
During the current fiscal year, the company sold 1 issue among its cross-shareholdings, for total proceeds of ¥96.327 million. Actual sales have been added to the policy of periodically reviewing the rationale for holdings and reducing them. - FY2021First statedAnnual report
「Our basic policy is to dispose of or reduce cross-shareholdings as promptly as possible when we believe the rationale for holding them has diminished. We periodically review the rationale for each cross-shareholding and will sell shares in a timely and appropriate manner if they are not deemed necessary for building good relationships with business partners and promoting business operations smoothly.」
For the first time, the company has made a separate disclosure confirming its policy of holding cross-shareholdings to facilitate business relationships, periodically reviewing the rationale for holding them, and disposing of or reducing shares that are no longer necessary.