Contents of this filing
Regarding shares in Daio Paper Corporation, the two companies have agreed to share a policy of reducing, over the medium term, each company's holdings in the other's shares to approximately 5–10%. Following the removal of the shares in Daio Paper Corporation from equity-method accounting, they were reclassified from shares of affiliated companies to investment securities, temporarily increasing the balance of policy-held shares.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Effective 1 April 2026, the Group moved to a structure led by the Chair and Group CEO and the President and COO. It launched the new Medium-Term Management Plan 2030. Regarding shares in Daio Paper Corporation, the Group agreed to share a policy of restructuring the capital relationship through a strategic business alliance and reducing its shareholding ratio to approximately 5–10% over the medium term.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Policy on cross-shareholdings | Regarding shares in Daio Paper Corporation, the two companies have agreed to share a policy of reducing, over the medium term, each company's holdings in the other's shares to approximately 5–10%. Following the removal of the shares in Daio Paper Corporation from equity-method accounting, they were reclassified from shares of affiliated companies to investment securities, temporarily increasing the balance of policy-held shares. |
| Changes this time | Effective 1 April 2026, the Group moved to a structure led by the Chair and Group CEO and the President and COO. It launched the new Medium-Term Management Plan 2030. Regarding shares in Daio Paper Corporation, the Group agreed to share a policy of restructuring the capital relationship through a strategic business alliance and reducing its shareholding ratio to approximately 5–10% over the medium term. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To respond to a challenging business environment, including the structural decline in demand for paper and paperboard, rising raw material and fuel prices, and labor shortages, while strengthening existing businesses and pursuing opportunities in new growth areas.