Policy of Generally Not Holding Strategic Shareholdings and Reviewing the Rationale for Any Holdings
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The company decided to sell part of the shares it holds.」
The company reviewed its shareholdings from the perspectives of concentrating resources on its core businesses, capital efficiency, resource allocation and business portfolio optimization, and sold part of its holdings. - FY2025RestatedAnnual report
「Except where the significance and rationale for holding them are recognized, the company generally does not hold listed shares as strategic shareholdings. The significance and rationale of each holding are reviewed annually on an individual-stock basis, considering whether corporate collaboration or business synergies with the issuing company can be expected and whether the benefits and risks associated with the holding are commensurate with the cost of capital, before a decision is made.」
The policy of generally not holding listed shares and the policy of reviewing each holding annually for consistency with corporate collaboration, business synergies and the cost of capital were reconfirmed together with decisions on whether to continue holding individual stocks. - FY2024First statedAnnual report
「Except where the significance and rationale for holding them are recognized, the company generally does not hold listed shares as strategic shareholdings. The significance and rationale of each holding are reviewed annually on an individual-stock basis, considering whether corporate collaboration or business synergies with the issuing company can be expected and whether the benefits and risks associated with the holding are commensurate with the cost of capital, before a decision is made.」
The policy of generally not holding listed shares as strategic shareholdings, reviewing each holding annually for consistency with corporate collaboration, business synergies and the cost of capital, and selling shares with little rationale was first documented as a thread.