Review of the Rationale for Holding Strategic Shareholdings and Consideration of Reductions
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Most recently, at a Board of Directors meeting held on 25 March 2026, the company reviewed the appropriateness of continuing to hold the above securities, including their importance to the Group’s business strategy, future outlook, business relationship with the issuing company and economic rationale in relation to the cost of capital. It confirmed that the securities were held for purposes consistent with the above holding policy and that the holdings remained rational.」
For strategic shareholdings, the Board of Directors reviewed their importance to the business strategy, future outlook, business relationships and cost of capital at its meeting on 25 March 2026, and confirmed the rationale for holding them. - FY2023AdvancedAnnual report
「Most recently, at a Board of Directors meeting held on 24 March 2023, the company reviewed the appropriateness of continuing to hold the above securities, including their importance to the Group’s business strategy, future outlook, business relationship with the issuing company and economic rationale in relation to the cost of capital. It confirmed that the securities were held for purposes consistent with the above holding policy and that the holdings remained rational.」
For strategic shareholdings, the Board of Directors reviewed their strategic importance, future outlook, business relationships and cost of capital at its meeting on 24 March 2023, and confirmed the rationale for holding them. - FY2022First statedAnnual report
「Each year, the Board of Directors reviews each individual holding of shares, including its purpose and significance, economic rationale and future outlook. If the review indicates that the significance or appropriateness of holding a particular issue has diminished, the company will engage in dialogue with the investee and consider reducing the holding.」
The company disclosed a policy of having the Board of Directors review the significance and economic rationale of each strategic shareholding annually and considering reductions as necessary.