Limited Acquisition of Strategic Shareholdings and Review of Holding Benefits
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「Listed shares held for policy purposes will be acquired only when the target shares are closely related to the Company's business, such as through a capital and business alliance, and it can reasonably be explained that holding them will facilitate the Company's business or the relevant alliance.」
The policy of limiting acquisitions of cross-shareholdings and periodically reviewing the effectiveness of alliances is reproduced. - FY2024First statedAnnual report
「Listed shares held for policy purposes will be acquired only when the target shares are closely related to the Company's business, such as through a capital and business alliance, and it can reasonably be explained that holding them will facilitate the Company's business or the relevant alliance. After acquisition, the Board of Directors and other bodies will periodically review the effectiveness of the alliance while taking into account changes in the value of the shares held.」
For the first time, the policy for acquiring cross-shareholdings is disclosed as an independent topic, limiting acquisitions to shares with a substantive relationship to a capital and business alliance or similar arrangement, and providing for periodic reviews of the alliance's effectiveness by the Board of Directors and other bodies after acquisition.