Review and Reduction of Cross-Shareholdings
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Under our basic policy of disposing of or reducing cross-shareholdings whose significance we believe has diminished as promptly as possible, the Board of Directors verifies each fiscal year the purpose and significance of individual cross-shareholdings.」
We continue to verify the strategic rationale for cross-held shares each fiscal year and dispose of or reduce holdings whose rationale has diminished. - FY2025RestatedAnnual report
「Under the basic policy of disposing of or reducing cross-shareholdings whose significance is considered to have diminished as promptly as possible, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year」
We continue to verify the strategic rationale for cross-held shares each fiscal year and dispose of or reduce holdings whose rationale has diminished. - FY2021AdvancedAnnual report
「Issues for which the number of shares decreased during the fiscal year" "Shares other than unlisted shares 2 2,081」
We disclosed the sale of 2 issues other than unlisted shares, with total sale proceeds of ¥2.081 million. The disclosure records results consistent with the policy of disposing of or reducing holdings. - FY2019First statedAnnual report
「Under our basic policy of disposing of or reducing, as promptly as possible, cross-held shares whose strategic rationale we believe has diminished, the Board of Directors verifies each cross-held share every fiscal year, examining whether the holding contributes to our sustainable growth and the enhancement of corporate value over the medium to long term, and determines whether continued ownership is warranted.」
For cross-held shares, we verify their strategic rationale and contribution to enhancing corporate value each fiscal year and have stated for the first time a policy of disposing of or reducing holdings whose rationale has diminished.