Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2019. 1 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares: 17 holdings, ¥7,911 million. Holdings with a decrease in the number of shares during the fiscal year: shares other than unlisted shares, 1 holding, ¥717 million.」
Regarding cross-shareholdings, the company sold 1 customer-company holding and updated its holdings to 17 holdings valued at ¥7,911 million. - FY2023Update on cross-shareholdingsAnnual report
「Each fiscal period, we will carefully review whether the purpose of holding each shareholding remains appropriate and whether the benefits and risks associated with holding it are commensurate with the cost of capital. The Board of Directors will then consider the significance of the holding, and we will retain it only when it is judged to contribute to maintaining or enhancing our corporate value. For holdings deemed to have little significance, we will work to reduce them.」
Regarding cross-shareholdings, the company sold 1 unlisted holding and continues its policy of reviewing the rationale for each holding every fiscal period and reducing holdings where appropriate. - FY2022Update on cross-shareholdingsAnnual report
「Holdings with a decrease in the number of shares during the fiscal year: unlisted shares, 2 holdings, 318」
During the fiscal year, the number of shares held in 2 unlisted holdings decreased, and the company disclosed aggregate sale proceeds of ¥318 million. The company continues to verify the rationale for its holdings and pursue its reduction policy. - FY2021RestatedAnnual report
「Each fiscal period, we will carefully review whether the purpose of holding each shareholding remains appropriate and whether the benefits and risks associated with holding it are commensurate with the cost of capital. The Board of Directors will then consider the significance of the holding, and we will retain it only when it is judged to contribute to maintaining or enhancing our corporate value. For holdings deemed to have little significance, we will work to reduce them.」
The company continues its policy of reviewing cross-shareholdings each fiscal period and reducing holdings deemed to have little significance. - FY2019First statedAnnual report
「The Company will work to reduce holdings that it determines have limited significance.」
The Company will review the purpose, benefits and risks of cross-shareholdings each fiscal year and reduce holdings with limited significance.