Ongoing Review of the Rationale for Strategic Shareholdings
First written in FY2019. 4 of 10 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026RaisedAnnual report
「b Reduction of investment securities to improve capital efficiency KPI: Achieve an investment securities-to-net assets ratio of 15% or less」
While continuing its policy of reviewing the rationale for holding and the need to reduce each individual strategic shareholding, the company newly specified a KPI of an investment securities-to-net assets ratio of 15% or less. - FY2025RestatedAnnual report
「At a meeting of the Board of Directors held on 28 January 2025, the company received reports on the results of reviewing the rationale for holding each individual issue and the need to reduce such holdings, confirmed that its holdings were appropriate, and confirmed that it would not invest in new issues.」
For strategic shareholdings, the Board of Directors reviewed the rationale for holding and the need to reduce each individual issue and reconfirmed its policy of not investing in new issues. - FY2023RestatedAnnual report
「At a meeting of the Board of Directors held on 27 January 2023, the company received reports on the results of reviewing the rationale for holding each individual issue and the need to reduce such holdings, confirmed that its holdings were appropriate, and confirmed that it would not invest in new issues.」
For strategic shareholdings, the Board of Directors reviewed the rationale for holding and the need to reduce each individual issue and reconfirmed its policy of not investing in new issues. - FY2022-Q2AdvancedAnnual report
「To review strategic shareholdings and improve capital efficiency in accordance with the Corporate Governance Code, the company sold part of its investment securities and recognized a gain on the sale of investment securities of ¥1,391 million.」
For strategic shareholdings, the company progressed from a policy of reviewing the rationale for holding and the need to reduce such holdings to actually selling part of the holdings, recognizing a gain on sale of ¥1,391 million. - FY2021RestatedAnnual report
「At a meeting of the Board of Directors held on 15 January 2021, the company received reports on the results of reviewing the rationale for holding each individual issue and the need to reduce such holdings, confirmed that its holdings were appropriate, and confirmed that it would not invest in new issues.」
For strategic shareholdings, the Board of Directors reviewed the rationale for holding and the need to reduce each individual issue, confirmed that the holdings were appropriate, and confirmed that no new investments would be made. - FY2020AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 January 2020, the company received reports on the results of reviewing the rationale for holding each individual issue and the need to reduce such holdings, confirmed that its holdings were appropriate, and confirmed that it would not invest in new issues.」
For strategic shareholdings, the Board of Directors reviewed the rationale for holding and the need to reduce each individual issue, confirmed that the holdings were appropriate, and confirmed that no new investments would be made. - FY2019First statedAnnual report
「For the shares held, we will regularly and continuously review the rationale for holding them and the need to reduce such holdings.」
The company states its policy of regularly and continuously reviewing the rationale for holding strategic shareholdings intended to maintain and strengthen business relationships and the need to reduce such holdings.