Review of the Rationale for Holding Strategic Shareholdings
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022.
- FY2022AdvancedAnnual report
「During the fiscal year, the number of shares held decreased for 2 unlisted issues.」
Under its policy of verifying the rationality of cross-shareholdings, the Company reduced the number of shares held in 2 unlisted issues during the fiscal year. - FY2021AdvancedAnnual report
「During the fiscal year, the number of shares held decreased for 1 unlisted issue and 3 issues other than unlisted shares.」
Under its policy of verifying the rationality of cross-shareholdings, the Company reduced its holdings during the fiscal year in 1 unlisted issue and 3 listed issues and other shares. Boku Inc. sold all of the shares it held. - FY2019First statedAnnual report
「The Company holds cross-shareholdings when they contribute to enhancing corporate value over the medium to long term, such as through business alliances or business synergies. Each year, for each individual issue, the Company examines the significance of the holding from a business strategy perspective and the benefits associated with the holding, including dividends and returns generated through commercial transactions and business synergies, in relation to the cost of capital, and verifies the rationality of continuing to hold the shares.」
For cross-shareholdings held for business alliances and business synergies, the Company has disclosed for the first time as an independent topic its policy of annually verifying the significance and benefits of each holding in relation to the cost of capital.