Reviewing the Rationale for Cross-Shareholdings and Reducing Holdings
First written in FY2019. 4 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Unlisted shares 1 289 Shares other than unlisted shares － －」
Regarding cross-shareholdings, the company sold 1 unlisted holding for ¥289 million. Specific evidence of a reduction in holdings was added. - FY2025RestatedAnnual report
「If the company holds cross-shareholdings, the Board of Directors will review the purpose and rationale for holding them from a medium- to long-term perspective and assess the appropriateness of each holding individually. If the significance of a holding is found to have diminished, the company will consider reducing it.」
The policy of assessing the rationale for each cross-shareholding individually and reducing holdings whose significance has diminished was restated. - FY2024RestatedAnnual report
「If the company holds cross-shareholdings, the Board of Directors will review the purpose and rationale for holding them from a medium- to long-term perspective and assess the appropriateness of each holding individually. If the significance of a holding is found to have diminished, the company will consider reducing it.」
The policy of assessing the rationale for each cross-shareholding individually and reducing holdings whose significance has diminished was restated. - FY2023AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Unlisted shares 1 129 Shares other than unlisted shares 1 153」
Regarding cross-shareholdings, the company sold 1 unlisted holding and 1 holding other than an unlisted holding, for proceeds of ¥129 million and ¥153 million, respectively. - FY2022AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Unlisted shares 3 33 Shares other than unlisted shares － －」
Regarding cross-shareholdings, the company sold 3 unlisted holdings for total proceeds of ¥33 million. Additional evidence of reductions based on the holding policy was disclosed. - FY2021AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Unlisted shares 1 2,699 Shares other than unlisted shares 1 1,540」
Regarding cross-shareholdings, the company sold 1 unlisted holding for ¥2,699 million and 1 listed or other holding for ¥1,540 million. Specific reductions in holdings based on the holding policy were disclosed. - FY2019First statedAnnual report
「If the company holds cross-shareholdings, the Board of Directors will review the purpose and rationale for holding them from a medium- to long-term perspective and assess the appropriateness of each holding individually. If the significance of a holding is found to have diminished, the company will consider reducing it.」
For cross-shareholdings, the policy of having the Board of Directors assess the rationale for each holding individually and consider reducing holdings whose significance has diminished was made the subject of a thread for the first time.