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Ncd (4783) · PolicyRestated

Reviewing the Appropriateness and Reducing Cross-shareholdings

First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2025.

5entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2020RestatedFY2021 – FY20252019: 120192020: 120202021: 120212022: 020222023: 120232024: 020242025: 12025
Same theme, other companies
Review of the Rationale for Holding Strategic ShareholdingsA theme 1258 companies write about · 1 as a headwind · 666 as a tailwind
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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 1262 threads.
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  1. FY2025RestatedAnnual report

    「For fiscal 2024, the Board of Directors reviewed whether the cross-shareholdings should be retained based on the above basic policy at its meeting on 3 March 2025, and concluded that there were no holdings that were inappropriate to retain and should be sold. As a result, the number of cross-shareholdings remained at 5 as of 31 March 2025, unchanged from 31 March 2024.」

    Following the Board of Directors' review of whether the holdings should be retained, it determined that there were no holdings to sell and maintained the number at 5. The review criteria also include the alignment of the benefits and risks of holding the shares with the cost of capital.
  2. FY2023RestatedAnnual report

    「For fiscal 2022, the Board of Directors reviewed whether the cross-shareholdings should be retained based on the above basic policy at its meeting on 24 March 2023, and concluded that there were no holdings that were inappropriate to retain and should be sold. As a result, the number of cross-shareholdings remained at 5 as of 31 March 2023, unchanged from 31 March 2022.」

    The Board of Directors reviewed whether the cross-shareholdings should be retained and decided that there were no holdings to sell, maintaining the number at 5.
  3. FY2021RestatedAnnual report

    「For fiscal 2020, the Board of Directors reviewed whether the cross-shareholdings should be retained based on the above basic policy at its March 2021 meeting, and concluded that there were no holdings that were inappropriate to retain and should be sold. As a result, the number of cross-shareholdings remained at 5 as of 31 March 2021, unchanged from 31 March 2020.」

    Following the Board of Directors' review of whether the cross-shareholdings should be retained, it determined that there were no holdings to sell, and the number of holdings was maintained at 5.
  4. FY2020AdvancedAnnual report

    「As a result, the number of cross-shareholdings stood at 5 as of 31 March 2020, down from 6 as of 31 March 2019.」

    For cross-shareholdings, the company decided to sell all shares in 株式会社Minoriソリューションズ, reducing the number of holdings from 6 to 5.
  5. FY2019First statedAnnual report

    「For fiscal 2018, the Board of Directors examined whether each individual holding should be retained based on the above basic policy at its March 2019 meeting and decided to sell 2 holdings. As a result, the number of cross-shareholdings stood at 6 as of 31 March 2019, down from 8 as of 31 March 2018.」

    For cross-shareholdings, the Board of Directors conducted individual reviews and sold 2 holdings, reducing the number of holdings from 8 to 6.
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Ncd's next results are scheduled for 2026-11-06. Read the earnings preview
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Reviewing the Appropriateness and Reducing Cross-shareholdings | NCD Co.,Ltd. (4783) | Komori