Policy on Strategic Shareholdings and Verification of Their Rationale
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「The Company may hold as cross-shareholdings shares that it determines contribute to improving its corporate value over the medium to long term, from the perspectives of business alliances, strengthening business relationships, and gathering information.」
The company continues its policy of annually having the Board of Directors verify whether cross-shareholdings should be held, for the purposes of business alliances, strengthening business relationships, and gathering information. - FY2022RestatedAnnual report
「The Company may hold as cross-shareholdings shares that it determines contribute to improving its corporate value over the medium to long term, from the perspectives of business alliances, strengthening business relationships, and gathering information.」
The company reconfirms its policy of annually having the Board of Directors verify whether cross-shareholdings should be held, for the purposes of business alliances, strengthening business relationships, and gathering information. - FY2021RestatedAnnual report
「The Company may hold as cross-shareholdings shares that it determines serve strategically important purposes for the Group, including maintaining and strengthening relationships with business partners, strengthening relationships through capital and business alliances, and monitoring trends and gathering information on the industry and competitors.」
The company reconfirms its policy of holding cross-shareholdings for the purposes of maintaining and strengthening business relationships, capital and business alliances, and gathering industry information, and verifying their rationale based on the holding purpose and transaction status. - FY2020First statedAnnual report
「The Company may hold as cross-shareholdings shares that it determines serve strategically important purposes for the Group, including maintaining and strengthening relationships with business partners, strengthening relationships through capital and business alliances, and monitoring trends and gathering information on the industry and competitors.」
The company holds cross-shareholdings for the purposes of maintaining and strengthening business relationships, capital and business alliances, and gathering industry information, and explicitly states for the first time its policy of verifying their rationale by confirming the appropriateness of the holding purpose and the status of transactions.