20% reduction in the book value of strategic shareholdings by the end of March 2027
First written in FY2023. 1 of 3 entries say "Advanced", first in 2026-06-01. Latest entry: FY2026.
- FY2026RaisedAnnual report
「The company achieved in fiscal 2023 the targeted reduction of 20% in carrying value, or approximately ¥1 billion, compared with the end of March 2022, which had been set for completion by the end of March 2027. It is now working to further reduce its holdings based on a new target of a 50% reduction in carrying value, or approximately ¥2.5 billion, compared with the end of March 2022.」
Following the achievement of the previous 20% reduction target, the company raised its new reduction target to a 50% reduction in carrying value, or approximately ¥2.5 billion. - 2026-06-01AdvancedGeneral Meetings of Shareholders
「As of the end of March 2026, policy-oriented equity holdings had been reduced by 48% on a book-value basis from the level before the medium-term management plan, and their reduction is progressing steadily.」
For policy-oriented shareholdings, a 48% reduction on a book-value basis was disclosed as progress toward the reduction target through the end of March 2027. - FY2023First statedAnnual report
「As an initial reduction target, the company aims to reduce the carrying value by 20%, or approximately ¥1 billion, by the end of March 2027 compared with the end of March 2022.」
For the first time, the company specified a reduction deadline, ratio and amount for cross-held shares, citing capital efficiency and the reduction of shareholding risk.