Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Board of Directors reviews cross-shareholdings and determines for each investee, from the perspectives of medium- to long-term economic rationality and our business strategy, whether the holding contributes to the enhancement of corporate value over the medium to long term. In light of the cost of capital and transaction conditions, we intend to proceed with the sale of shares whose holding has become less meaningful, after taking into account the circumstances of the companies in which the shares are held as cross-shareholdings.」
The company continues its policy of reviewing cross-shareholdings through the Board of Directors and selling shares whose holding has become less meaningful in light of the cost of capital and transaction conditions. - FY2021First statedAnnual report
「In light of the cost of capital and transaction conditions, we intend to proceed with the sale of shares whose holding has become less meaningful, after taking into account the circumstances of the companies in which the shares are held as cross-shareholdings.」
While holding shares as cross-shareholdings for purposes including strengthening business relationships, the company has stated a policy of selling shares whose holding has become less meaningful in light of the cost of capital and transaction conditions.