Policy on Reducing Cross-Shareholdings
First written in FY2019. 6 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 4; 41」
Regarding cross-shareholdings, the company sold 4 listed holdings during the fiscal year and disclosed sale proceeds of ¥41 million. - FY2024AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: Shares other than unlisted shares 2 49」
Regarding cross-shareholdings, the company sold 2 listed holdings during the fiscal year and disclosed sale proceeds of ¥49 million. - FY2023AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: unlisted shares: 1; 1」
Regarding cross-shareholdings, the number of shares in 1 unlisted holding decreased during the fiscal year. The policy of regularly reviewing the rationale for holdings was also reaffirmed. - FY2022AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 1; 237」
Regarding cross-shareholdings, the company sold 1 listed holding during the fiscal year and disclosed sale proceeds of ¥237 million. - FY2021AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 2; 7,710」
Regarding cross-shareholdings, the company sold 2 listed holdings during the fiscal year and regularly reviews the status, purpose, benefits and risks of its holdings at board meetings. - FY2020AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 1; 2,265」
Regarding cross-shareholdings, the company sold 1 holding during the fiscal year and regularly reviews the status, purpose, benefits and risks of its holdings at board meetings. - FY2019First statedAnnual report
「We will work to reduce cross-shareholdings by selling shares as appropriate when, after comprehensively considering the shares we hold, we determine that the rationale for holding them has diminished.」
The company has for the first time explicitly stated its policy of reviewing the rationale for cross-shareholdings and reducing them by selling holdings whose rationale has diminished.