Reviewing the Rationale for Cross-Shareholdings and Policy of Reducing Them
First written in FY2022. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026Sale and reduction of equity holdingsAnnual report
「(Holdings whose number of shares decreased during the fiscal year) Shares other than unlisted shares 1 122,942」
With respect to cross-shareholdings, one holding was sold during the fiscal year, generating sale proceeds of ¥122.942 million. No holdings increased in number of shares during the fiscal year. - FY2025AdvancedAnnual report
「Unlisted shares 1 26,312 Strengthening cooperation to expand cross-border e-commerce services.」
Unlisted shares were acquired for ¥26.312 million to strengthen cooperation aimed at expanding cross-border e-commerce services. - FY2024AdvancedAnnual report
「Shares other than unlisted shares 1 27,825 Strengthening cooperation to improve information technology.」
As a specific acquisition under the cross-shareholding policy, listed shares were acquired for an additional ¥27.825 million to strengthen cooperation aimed at improving information technology. - FY2023AdvancedAnnual report
「Unlisted shares 1 9,996 Strengthening collaboration in cross-border e-commerce support services」
One unlisted shareholding was acquired for ¥9.996 million to strengthen collaboration in cross-border e-commerce support services. This disclosed a specific holding consistent with the policy of reviewing the reasonableness of cross-shareholdings. - FY2022First statedAnnual report
「The Company has a policy of reducing its cross-shareholdings if they are not considered to contribute to improving corporate value over the medium to long term. Each year, the Board of Directors regularly verifies the reasonableness of continuing to hold these strategic investment shares by reviewing the original purpose of the holdings and the policy above, as well as transaction activity through the dispatch of engineers and business performance during the preceding year.」
For cross-shareholdings, the Company disclosed for the first time its policy of reducing holdings based on their contribution to improving corporate value over the medium to long term, along with the Board of Directors' annual review of the reasonableness of continued ownership.