Policy on Reducing Strategic Shareholdings and Verifying the Rationale for Holding Them
First written in FY2020. . Latest entry: FY2025.
- FY2025Sold Teigaia shares and reduced the number of holdingsAnnual report
「Unlisted shares 1 11,650 Shares other than unlisted shares － －」
The company holds only 1 unlisted share issue valued at ¥11.650 million as a strategic shareholding and has sold the 2,000 shares of T-Gaia held in the previous fiscal year. - FY2024Updated the carrying amounts of shareholdingsAnnual report
「Unlisted shares 1 11,000 Shares other than unlisted shares 1 4,124」
The company has updated its strategic shareholdings to 1 unlisted share issue valued at ¥11.000 million and 1 listed share or other shareholding valued at ¥4.124 million. - FY2023Updated the carrying amounts of shareholdingsAnnual report
「Unlisted shares 1 10,650 Shares other than unlisted shares 1 3,340」
The company discloses 1 unlisted share issue valued at ¥10.650 million and 1 listed share or other shareholding valued at ¥3.340 million as strategic shareholdings. - FY2022Updated the number and value of shareholdingsAnnual report
「Unlisted shares: 1 holding, ¥10,650 thousand; shares other than unlisted shares: 1 holding, ¥3,274 thousand」
The company disclosed 1 unlisted shareholding valued at ¥10,650 thousand and 1 listed or other shareholding valued at ¥3,274 thousand. The number of listed or other shareholdings fell from 2 in the previous fiscal year to 1. - FY2021Disclosed the holdingsAnnual report
「Unlisted shares: 1 holding, ¥9,950 thousand; shares other than unlisted shares: 2 holdings, ¥4,069 thousand」
In addition to its policy on strategic shareholdings, the company disclosed holdings of 1 unlisted shareholding valued at ¥9,950 thousand and 2 listed or other shareholdings valued at ¥4,069 thousand. - FY2020First statedAnnual report
「Our policy is to hold only those shares held for strategic purposes that are necessary for business operations and, barring special circumstances, to reduce holdings of all other shares. For equity investments held for purposes other than pure investment, the Board of Directors evaluates the business partners' future prospects and the risks associated with holding the shares, and makes a comprehensive decision while also considering the relationship with each business partner.」
The company has, for the first time, explicitly stated its policy of limiting strategic shareholdings to necessary holdings and reducing all others, as well as its method for reviewing the rationale for holdings at meetings of the Board of Directors.