Reviewing the Rationale for Strategic Shareholdings and Reducing Them
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025AdvancedAnnual report
「(Holdings whose number of shares decreased during the fiscal year) Unlisted stocks — — Stocks other than unlisted stocks 2 29,789」
The Company sold 2 listed strategic shareholdings during the fiscal year, for total proceeds of ¥29.789 million. The Board of Directors determined that continuing to hold the remaining holdings was appropriate. - FY2022AdvancedAnnual report
「(Holdings whose number of shares decreased during the fiscal year) Unlisted stocks — — Stocks other than unlisted stocks 1 106,030」
The Company sold 1 strategic shareholding during the fiscal year, for proceeds of ¥106.030 million. The remaining strategic shareholdings were reviewed by the Board of Directors, which determined that continuing to hold them was appropriate. - FY2021RestatedAnnual report
「As a basic policy for strategic shareholdings, the Company comprehensively reviews each holding, taking into account its long-term growth potential, business performance, percentage gain or loss, dividends and other aspects of its economic rationale, and reduces holdings considered insufficiently significant after obtaining the full understanding of the business partners concerned.」
The Company reconfirmed its policy of reducing strategic shareholdings and comprehensively reviewing individual holdings, and determined that continuing to hold all shares held at the end of March 2021 was appropriate. - FY2020RestatedAnnual report
「As a basic policy for strategic shareholdings, the Company comprehensively reviews each holding, taking into account its long-term growth potential, business performance, percentage gain or loss, dividends and other aspects of its economic rationale, and reduces holdings considered insufficiently significant after obtaining the full understanding of the business partners concerned.」
The Company reconfirmed its policy of reducing strategic shareholdings and comprehensively reviewing individual holdings, and determined that continuing to hold the shares held at the end of March 2020 was appropriate. - FY2019First statedAnnual report
「Under its policy of reducing individual strategic shareholdings where it considers the significance of continuing to hold them insufficient, the Company conducts an annual comprehensive review at the Board of Directors meeting, taking into account the percentage gain or loss, whether dividends are paid, the business performance of the issuers of the shares held, the purpose of holding them and other factors.」
The Company has disclosed for the first time its policy of reducing strategic shareholdings that it considers insufficiently significant, as well as the annual review process conducted by the Board of Directors. During the fiscal year, it held 2 unlisted stocks and 7 listed stocks and determined that continuing to hold all of them was appropriate.