Review of the Appropriateness of Holding Cross-Shareholdings and Reduction
First written in FY2019. 4 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「(Issue for which the number of shares decreased during the fiscal year) Shares other than unlisted shares: 1 issue. Total sale proceeds relating to the decrease in the number of shares (¥ thousand): 174,000」
With respect to policy-held shareholdings, the company sold 1 issue during the fiscal year for ¥174 million. There were no issues for which the number of shares increased during the fiscal year. - FY2024AdvancedAnnual report
「(Issue for which the number of shares decreased during the fiscal year) Shares other than unlisted shares: 1 issue. Total sale proceeds relating to the decrease in the number of shares: ¥2.018804 billion」
With respect to policy-held shareholdings, the company sold 1 issue during the fiscal year, generating sale proceeds of ¥2.018804 billion. - FY2023AdvancedAnnual report
「(Issues for which the number of shares increased during the fiscal year) Shares other than unlisted shares: 4 issues. Total acquisition cost relating to the increase in the number of shares: ¥157.718 million (Issues for which the number of shares decreased during the fiscal year) Shares other than unlisted shares: 1 issue. Total sale proceeds relating to the decrease in the number of shares: ¥212.908 million」
The company continued to review its policy-held shareholdings. During the fiscal year, the number of shares increased for 4 issues, and 1 issue was sold. - FY2020AdvancedAnnual report
「For each policy-held shareholding, the company also scrutinises the purpose of holding the shares and the profitability of the shareholding at meetings of the Board of Directors and the full-time officers' meeting delegated by the Board, and verifies whether the holding is appropriate. For holdings whose significance is not recognised, the company reviews them as appropriate with a view to reducing them.」
The company continues to review its policy-held shareholdings. During the fiscal year, the number of shares increased for 4 issues, and 3 issues were sold. - FY2019First statedAnnual report
「For each policy-held shareholding, the company scrutinises the purpose of holding the shares and the profitability of the shareholding at meetings of the Board of Directors and the full-time officers' meeting delegated by the Board, and verifies whether the holding is appropriate. For holdings whose significance is not recognised, the company reviews them as appropriate with a view to reducing them.」
The company has for the first time described as a policy the practice of verifying the appropriateness of policy-held shareholdings at Board of Directors meetings and other forums, and reducing holdings whose significance is not recognised.