Komori
Governance5142Achilles CorporationMaterials and Chemicals

Notice Concerning the Policy for Reducing Cross-Shareholdings

The Company has decided to reduce its strategic shareholdings and set a target of bringing their ratio to consolidated net assets below 20% by the fiscal year ending March 2028. Proceeds from sales will be allocated to investments in business growth and shareholder returns.

Worth reading
60In focus
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
20
Ratio to consolidated net assets (below %)
Wording
Definitive
How definitive the wording is.

Contents of this filing

Policy on cross-shareholdings

The Company’s policy is to reduce the ratio of strategic shareholdings to consolidated net assets to below 20% by fiscal 2027 (the fiscal year ending March 2028). The rationale for holding each security is reviewed by the Board of Directors on a timely basis.

Policy regarding shares of other companies held to maintain business relationships and for other purposes.

Changes this time

The Company resolved to set a target of reducing the ratio of strategic shareholdings to consolidated net assets to below 20% by fiscal 2027 (the fiscal year ending March 2028).

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Policy on cross-shareholdingsThe Company’s policy is to reduce the ratio of strategic shareholdings to consolidated net assets to below 20% by fiscal 2027 (the fiscal year ending March 2028). The rationale for holding each security is reviewed by the Board of Directors on a timely basis.
Changes this timeThe Company resolved to set a target of reducing the ratio of strategic shareholdings to consolidated net assets to below 20% by fiscal 2027 (the fiscal year ending March 2028).
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteeTakeover defensesControlling shareholder

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To improve capital efficiency, achieve sustainable growth, and enhance corporate value over the medium to long term.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Policy for Reducing Cross-Shareholdings | Achilles Corporation (5142) timely disclosure | Komori