Policy on Reducing and Selling Strategic Shareholdings
First written in FY2019. 4 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「During the fiscal year, the number of holdings that decreased comprised 3 shares other than unlisted shares, with aggregate sale proceeds of ¥89 million.」
The company disclosed that it sold 3 listed holdings based on its policy of reducing cross-shareholdings and continues to reduce its holdings. - FY2024AdvancedAnnual report
「During the fiscal year, the number of holdings that decreased comprised 2 shares other than unlisted shares, with aggregate sale proceeds of ¥2,064 million.」
Based on its policy of reducing cross-shareholdings, the company sold all shares in 2 holdings, Unicharm and Nagase & Co., for aggregate proceeds of ¥2,064 million. - FY2023AdvancedAnnual report
「During the fiscal year, the number of holdings that decreased comprised 2 unlisted shares and 3 shares other than unlisted shares, with aggregate sale proceeds of ¥5 million and ¥2,913 million, respectively.」
Based on its policy of reducing cross-shareholdings, the company sold 3 listed holdings and 2 unlisted holdings, with proceeds from the sale of listed shares amounting to ¥2,913 million. - FY2021AdvancedAnnual report
「With respect to specified investment shares, our policy is to reduce holdings except where the strategic relationship that led to the investment remains closely related to the profitability of a joint business.」
The company continues its policy of reducing cross-shareholdings, stating that it sold 2 holdings during the fiscal year, including all shares of Nihon Tokushu Toryo Co.,Ltd. as of the filing date. - FY2019First statedAnnual report
「With respect to specified investment shares, our policy is to reduce holdings except where the strategic relationship that led to the investment remains closely related to the profitability of a joint business. Based on the policy of reducing cross-shareholdings following the revision of the Corporate Governance Code, we sold part of the investment securities held by our group.」
The company stated its policy of reducing cross-shareholdings that are not closely related to the profitability of joint businesses, and sold part of its holdings during the fiscal year.