Review of the Rationale for Strategic Shareholdings and Continuation of Holdings
First written in FY2021. 1 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025Increase in the number of policy-held equity holdings soldAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 4 941」
While the rationality review resulted in a decision to continue holding all shares, the company reduced its holdings in 4 listed policy-held companies during the fiscal year and recorded total sale proceeds of ¥941 million. - FY2024Partial sale of policy-held sharesAnnual report
「Shares other than unlisted shares 2 2,210」
While indicating a policy of continuing to hold the shares based on the results of the rationality review, the company reduced the number of shares held in 2 listed policy-held companies during the fiscal year and recorded total sale proceeds of ¥2,210 million. - FY2022RestatedAnnual report
「Regarding the policy-held shares held by the company at the end of the current consolidated fiscal year, the Board of Directors conducted a review at its meeting held on 12 May 2021 and decided to continue holding all of the shares in light of the evaluation criteria.」
An annual review was conducted based on business relationships, dividends, share prices and comparisons with holding costs, among other factors, and continued ownership of all holdings was decided. - FY2021First statedAnnual report
「Regarding the policy-held shares held by the company at the end of the current consolidated fiscal year, the Board of Directors conducted a review at its meeting held on 14 May 2020 and decided to continue holding all of the shares in light of the evaluation criteria.」
It has for the first time specifically disclosed that policy-held shares are reviewed annually using economic rationality, assessed by comparing business relationships, dividends and share prices with the cost of holding the shares, and that continued ownership of all holdings was decided for the year.