Review and reduction of cross-shareholdings
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2026.
- FY20261 unlisted shareholding soldAnnual report
「Holdings whose number of shares decreased during the fiscal year: Unlisted shares, 1 holding, ¥5 million」
For cross-shareholdings, the company reports a decrease in the number of shares held in 1 unlisted holding and sale proceeds of ¥5 million. At the same time, it has determined that all holdings currently held are effective. - FY2023RestatedAnnual report
「The appropriateness of holding individual securities is determined based on quarterly reports on the status of holdings to regular meetings of the Board of Directors. As stated in “c. Information on the number of shares held, the amount recorded on the balance sheet and other matters for each specified investment security and deemed-held security,” we have determined that all of our holdings are effective.」
The company continues to review cross-shareholdings based on quarterly reports to the Board of Directors and has determined that its holdings are effective. - FY2022RestatedAnnual report
「We have determined that all of our holdings are effective.」
The company continues its policy of reviewing the risks, costs and benefits of cross-shareholdings and determining that its holdings are effective. - FY2021RestatedAnnual report
「We have determined that all of our holdings are effective.」
The company states that, after reviewing the risks, costs and benefits of cross-shareholdings, it determined that its holdings were effective again during the fiscal year. - FY2020RestatedAnnual report
「We have determined that all of our holdings are effective.」
The company states that, after reviewing the risks, costs and benefits associated with cross-shareholdings, it determined that all holdings were effective during the fiscal year. - FY2019First statedAnnual report
「For individual securities holdings, we will seek to reduce holdings where we determine that the rationale for holding them is not aligned with this policy.」
The company has stated for the first time its policy of reviewing the effectiveness and medium- to long-term economic rationale of cross-shareholdings and reducing holdings that lack a rationale for ownership.