Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2019. 3 of 7 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「In fiscal 2025, the company sold part of its holdings by mutual agreement.」
Under its policy of reviewing the rationale for and reducing strategic shareholdings, the company also sold part of its holdings in fiscal 2025. It continues to target reducing strategic shareholdings to less than 10% of consolidated net assets by fiscal 2030. - 2026-05-28RestatedGeneral Meetings of Shareholders
「Based on this approach, we set a target of reducing policy-held shares to less than 10% of consolidated net assets by FY2030.」
The quantitative deadline-based target of reducing policy-held shares to less than 10% of consolidated net assets by FY2030 was reiterated. - FY2025RaisedAnnual report
「Based on this approach, we set a target of reducing policy-held shares to less than 10% of consolidated net assets by FY2030.」
Regarding its policy of reducing strategic shareholdings, the company set a new quantified, time-bound target of reducing them to less than 10% of consolidated net assets by fiscal 2030. - FY2024AdvancedAnnual report
「For shares deemed to have limited strategic value, the company engages in dialogue with the investee companies from time to time and seeks to reduce its holdings. In fiscal 2023, it sold part of its holdings by mutual agreement.」
Under its policy of reviewing the rationale for and reducing strategic shareholdings, the company sold 1 stock in fiscal 2023 for ¥1,976 million. - FY2023AdvancedAnnual report
「For shares deemed to have limited strategic value, the company engages in dialogue with the investee companies from time to time and seeks to reduce its holdings. In fiscal 2022, it sold part of its holdings by mutual agreement.」
Under its policy of reviewing the rationale for and reducing strategic shareholdings, the company sold part of its holdings by mutual agreement in fiscal 2022. - FY2020No sales during the fiscal yearAnnual report
「For shares deemed to have limited strategic value, the company engages in dialogue with the investee companies from time to time and seeks to reduce its holdings. In fiscal 2019, it did not sell any of its holdings.」
The company continues to review the rationale for and pursue the reduction of strategic shareholdings, but states that it made no sales in fiscal 2019. - FY2019First statedAnnual report
「For shares that we determine have little significance to our holdings, we engage in dialogue with the investee company before working to reduce our holdings. During the fiscal year, we sold 4 issues.」
The Company newly stated that it reviews the rationale for cross-shareholdings based on transactions, dividends and other factors and reduces holdings considered to have little significance.