Selection of cross-shareholdings to enhance corporate value
First written in FY2018. 5 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Each year, the Board of Directors comprehensively evaluates and reviews each holding based on its purpose and policy, using whether it contributes to enhancing the Company's corporate value as the decision criterion.」
The Board of Directors' review as of 30 September 2025 confirmed that the currently held shares are consistent with the policy. In addition, 3 listed shareholdings were sold. - FY2025AdvancedAnnual report
「Each year, the Board of Directors comprehensively evaluates and reviews each holding based on its purpose and policy, using whether it contributes to enhancing the Company's corporate value as the decision criterion.」
The policy of reviewing cross-shareholdings annually at meetings of the Board of Directors continued, and the review as of 30 September 2024 confirmed that the currently held shares are consistent with the policy. - FY2022AdvancedAnnual report
「The Company does not disclose quantitative benefits of holding specified investment shares because they are difficult to state. Regarding the method used to verify the rationale for holding them, each fiscal year the Board of Directors reviews individual cross-shareholdings, examining the benefits of holding them, capital efficiency, the maintenance and strengthening of smooth and favorable relationships with investee companies, expansion of transactions and other factors, as well as whether the investee companies can enhance the Company's corporate value. Based on the review as of 30 September 2021, the Company confirmed that all currently held cross-shareholdings are held for purposes consistent with its holding policy.」
For the Board of Directors' annual review of individual holdings, the results of the review as of 30 September 2021 were described, confirming that the currently held shares are consistent with the holding policy. - FY2020AdvancedAnnual report
「The Company does not disclose quantitative benefits of holding specified investment shares because they are difficult to state. Regarding the method used to verify the rationale for holding them, each fiscal year the Board of Directors reviews individual cross-shareholdings, examining the benefits of holding them, capital efficiency, the maintenance and strengthening of smooth and favorable relationships with investee companies, expansion of transactions and other factors, as well as whether the investee companies can enhance the Company's corporate value. Based on the review as of 30 September 2019, the Company confirmed that all currently held cross-shareholdings are held for purposes consistent with its holding policy.」
For the Board of Directors' annual review of individual holdings, the results of the review as of 30 September 2019 were described, confirming that the currently held shares are consistent with the policy. - FY2019AdvancedAnnual report
「Each fiscal year, the Company reviews individual cross-shareholdings at meetings of the Board of Directors, examining the benefits of holding them, capital efficiency, the purpose of holding them and other factors, as well as whether the investee companies can enhance the Company's corporate value. Based on the review as of 30 September 2018, the Company confirmed that all currently held cross-shareholdings are held for purposes consistent with its holding policy.」
The note stated that the Board of Directors reviews cross-shareholdings each fiscal year and confirmed, based on the review as of 30 September 2018, that the currently held shares are consistent with the policy. - FY2018First statedAnnual report
「For the selection of cross-shareholdings, the Company targets companies whose holdings can enhance the Company's corporate value.」
The basic policy was described as targeting companies whose holdings could enhance corporate value.