Review of strategically held shares for business relationships and enhancement of corporate value
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「Each year, we review each holding in detail based on whether the benefits and risks associated with holding it are commensurate with the cost of capital and whether the holding is consistent with its purpose of maintaining and enhancing medium- to long-term corporate value. For the fiscal year, as a result of this review, we determined that continuing to hold the shares was appropriate.」
The company conducts an annual review of strategically held shares based on benefits, risks and the cost of capital, among other factors, and determined that continuing to hold them was appropriate for the fiscal year. - FY2021RestatedAnnual report
「For the fiscal year, as a result of this review, we determined that continuing to hold the shares was appropriate.」
The company reviews each year the relationship between the benefits and risks of strategically held shares, the cost of capital and the enhancement of medium- to long-term corporate value, and determined that continuing to hold them was appropriate for the fiscal year. - FY2020AdvancedAnnual report
「For the fiscal year, as a result of this review, we determined that continuing to hold the shares was appropriate.」
The company conducted its annual review of strategically held shares based on benefits, risks and the cost of capital, among other factors, and states that it determined that continuing to hold them was appropriate. - FY2019First statedAnnual report
「We hold strategically held shares when we determine that they contribute to maintaining and enhancing the medium- to long-term corporate value of the company and its business partners. Each year, we review each holding in detail based on whether the benefits and risks associated with holding it are commensurate with the cost of capital and whether the holding is consistent with its purpose of maintaining and enhancing medium- to long-term corporate value.」
The company states that the purpose of its strategically held shares is to maintain business relationships and enhance medium- to long-term corporate value, and that it reviews the relationship between the benefits and risks of each holding and the cost of capital every year.