Reviewing the Rationale for Strategic Shareholdings and Unwinding Cross-Shareholdings
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
- FY2026ReframedAnnual report
「The business partnership agreements between the Group and CARTA HOLDINGS, ㈱リサーチパネル, and Credit Saison Co.,Ltd., which had been disclosed through the previous consolidated fiscal year, were terminated during the current consolidated fiscal year, mainly because ㈱リサーチパネル became a wholly owned subsidiary of the company.」
The process of reviewing the rationale for policy shareholdings and unwinding cross-shareholdings has progressed, and the business partnership agreement with CARTA HOLDINGS was terminated. Meanwhile, ㈱リサーチパネル became a wholly owned subsidiary. - FY2025AdvancedAnnual report
「Issues for which the number of shares increased during the current fiscal year Shares other than unlisted shares 1 ¥20 million Acquisition of shares to create business opportunities」
While maintaining its policy of regularly reviewing the rationale for policy shareholdings, the company acquired 1 issue of shares other than unlisted shares for ¥20 million during the current fiscal year, citing the creation of business opportunities. - FY2022-Q3AdvancedAnnual report
「During the third quarter of the current consolidated fiscal year, the company acquired the shares of the company held by CARTA HOLDINGS, its major shareholder, and sold those shares on the market, with the aim of meeting the Prime Market listing maintenance criteria by increasing the market capitalization of the company’s tradable shares and the number of tradable shares.」
The policy of unwinding policy shareholdings and cross-shareholdings has progressed to the acquisition and market sale of shares held by CARTA HOLDINGS. The business partnership is to be maintained after the sale. - FY2022-Q2AdvancedAnnual report
「Based on this understanding, for the purpose of increasing the number of the company’s tradable shares, we requested that CARTA HOLDINGS, a business partner and major shareholder of the company, sell the company’s shares it holds. CARTA HOLDINGS is a holder of non-tradable shares, meaning a shareholder whose shares are classified as non-tradable under the listing rules of the Tokyo Stock Exchange, and held 12.9% of the company’s total shares issued as of 1 January 2022. We received a response agreeing to sell part of its holdings. The business partnership with CARTA HOLDINGS will remain unchanged after the sale of these shares.」
The policy of reviewing the rationale for shareholdings and unwinding cross-shareholdings has progressed to a request to CARTA HOLDINGS, a major shareholder, to sell part of its holdings and an agreement to do so. The company explained that the business partnership will be maintained after the sale. - FY2021First statedAnnual report
「The Group holds shares that it has determined are important for maintaining business relationships and collaboration, or for its business strategy, and that will contribute to enhancing corporate value over the medium to long term. Under this holding policy, the Group regularly discusses and verifies its shareholdings after comprehensively considering the status of business transactions and other factors.」
The company has disclosed for the first time a holding policy based on business relationships, collaboration, and enhancement of corporate value, together with regular reviews of the rationale for holdings. It also states that shares in CARTA HOLDINGS will be sold as part of the unwinding of cross-shareholdings.