Annual Review of the Rationale for Holding Strategic Shareholdings
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026Reduction in cross-shareholdingsAnnual report
「Holdings whose number of shares decreased during the fiscal year: unlisted shares, 1 issue」
The company continued its policy of annually reviewing the rationale for strategic shareholdings and reduced 1 unlisted shareholding during the fiscal year. - FY2024Changes in Cross-ShareholdingsAnnual report
「Unlisted shares 2 60 To strengthen relationships through business and capital alliances」
The company continued its policy of annually reviewing strategic shareholdings and, during the fiscal year, acquired 2 unlisted shareholdings to strengthen relationships through business and capital alliances, while reducing 2 shareholdings. - FY2022RestatedAnnual report
「Conducts an annual review of whether the significance of holding strategic shareholdings, their medium- to long-term economic rationale and future outlook are commensurate with the benefits of holding them and the cost of capital」
The company continues its policy of annually reviewing whether the benefits of strategic shareholdings are commensurate with the cost of capital and other factors, with the Board of Directors deciding and disclosing whether to continue holding them. - FY2020RestatedAnnual report
「Under this policy, the company conducts an annual review of whether the significance of holding strategic shareholdings, their medium- to long-term economic rationale and future outlook are commensurate with the benefits of holding them and the cost of capital. The Board of Directors then decides whether to continue holding the strategic shareholdings and discloses an overview of the decision.」
The company continues its policy of annually reviewing whether the benefits of strategic shareholdings are commensurate with the cost of capital and other factors, with the Board of Directors deciding and disclosing whether to continue holding them. - FY2019First statedAnnual report
「Under this policy, the company conducts an annual review of whether the significance of holding strategic shareholdings, their medium- to long-term economic rationale and future outlook are commensurate with the benefits of holding them and the cost of capital. The Board of Directors then decides whether to continue holding the strategic shareholdings and discloses an overview of the decision.」
For strategic shareholdings, the company has for the first time explicitly stated a policy of annually reviewing whether the benefits of holding them are commensurate with the cost of capital and other factors, with the Board of Directors deciding and disclosing whether to continue holding them.