Gradual Reduction of Cross-Shareholdings
First written in FY2022. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Shares other than unlisted shares 3 948」
During the fiscal year, 3 issues other than unlisted shares were sold from the policy-held share portfolio, for total sale proceeds of ¥948 million. - FY2024AdvancedAnnual report
「During the fiscal year, the number of shares held declined for 2 issues other than unlisted shares, and the total sale proceeds related to the reduction in the number of shares were ¥98 million.」
During the fiscal year, 2 policy-held share issues were sold, for total sale proceeds of ¥98 million. - FY2023AdvancedAnnual report
「During the fiscal year, the number of shares held declined for 4 issues other than unlisted shares, and the total sale proceeds related to the reduction in the number of shares were ¥3,807 million.」
As part of the gradual reduction of policy-held shares, 4 issues were sold during the fiscal year, for total sale proceeds of ¥3,807 million. - FY2022First statedAnnual report
「For investment shares held for purposes other than pure investment, the Company quantitatively and qualitatively analyzes the benefits of holding them after taking capital costs into account, comprehensively considers the purpose of holding them, transaction status and future growth potential, and periodically reviews every share individually at a Board of Directors meeting held once a year to determine its holding policy, with the aim of gradually reducing holdings to the minimum necessary.」
The Company has stated for the first time its policy of gradually reducing policy-held shares to the minimum necessary and individually reviewing all holdings once a year at a Board of Directors meeting.