Reviewing the Rationale for Strategic Shareholdings and Selling Them as Appropriate
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
- FY2020RestatedAnnual report
「The Company holds policy-held shares only when it determines that they will contribute to the medium- to long-term enhancement of the corporate value of the Group. In holding such shares, the Management Committee thoroughly verifies, for each policy-held share, the necessity for business operations and the appropriateness of the holding based on transaction conditions and other factors. Shares deemed to have little significance after comprehensive consideration of economic rationality and other factors are sold as appropriate, taking into account share prices and market conditions.」
The policy of verifying the rationale for holding policy-held shares at the Management Committee and selling shares with little significance as appropriate has been maintained for the full year. - FY2019First statedAnnual report
「The Company holds policy-held shares only when it determines that they will contribute to the medium- to long-term enhancement of the corporate value of the Group. In holding such shares, the Management Committee thoroughly verifies, for each policy-held share, the necessity for business operations and the appropriateness of the holding based on transaction conditions and other factors. Shares deemed to have little significance after comprehensive consideration of economic rationality and other factors are sold as appropriate, taking into account share prices and market conditions.」
The policy of holding policy-held shares based on their contribution to medium- to long-term corporate value, verifying their necessity and appropriateness at the Management Committee, and selling shares with little significance as appropriate was confirmed for the first time.