Sale of strategic shareholdings worth approximately ¥30 billion
First written in FY2019-Q2. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Based on these policies, the Company sold ¥51.4 billion of shareholdings across the Group from fiscal 2021 through fiscal 2025.」
Regarding cross-shareholdings, the Company sold ¥51.4 billion cumulatively from fiscal 2021 through fiscal 2025, exceeding its policy of selling approximately ¥40 billion by fiscal 2025. The policy of selling an additional ¥20 billion by fiscal 2027 remains in place. - FY2024AdvancedAnnual report
「Under Medium-Term Management Plan 2025, formulated in May 2021 for the five-year period from fiscal 2021, the Company set a policy of selling ¥40 billion of its shareholdings, measured at the amounts recorded on the balance sheet, by fiscal 2025 in order to mitigate the risk of share price fluctuations and improve capital efficiency. Under "Initiatives to Improve Capital Profitability 2027," formulated in May 2023, it also set a policy of selling an additional ¥20 billion by fiscal 2027. From fiscal 2021 through fiscal 2023, the Company sold ¥25.3 billion of its shareholdings.」
The sale of cross-shareholdings progressed to a cumulative ¥25.3 billion from fiscal 2021 through fiscal 2023, updating the execution status of the plans to sell ¥40 billion by fiscal 2025 and an additional ¥20 billion by fiscal 2027. - FY2023RaisedAnnual report
「In addition, the Company formulated "Initiatives to Improve Capital Profitability 2027" in May 2023 and resolved to sell an additional ¥20 billion of its shareholdings, measured at the amounts recorded on the balance sheet, by fiscal 2027.」
In addition to the policy of selling approximately ¥40 billion by fiscal 2025, the Company established a policy of selling an additional ¥20 billion by fiscal 2027. - FY2022AdvancedAnnual report
「Under Medium-Term Management Plan 2025, formulated in May 2021 for the five-year period from fiscal 2021, the Company planned to sell an additional approximately ¥40 billion of its shareholdings, measured at the amounts recorded on the balance sheet, by fiscal 2025 in order to mitigate the risk of share price fluctuations and improve capital efficiency. In fiscal 2021, it sold ¥21.2 billion of its shareholdings.」
Against the policy of selling approximately ¥40 billion by fiscal 2025, the Company sold ¥21.2 billion in fiscal 2021. - FY2021RaisedAnnual report
「The Company resolved to sell an additional approximately ¥40 billion of its shareholdings, measured at the amounts recorded on the balance sheet, by fiscal 2025 in order to mitigate the risk of share price fluctuations and improve capital efficiency.」
The Company expanded its previous plan to sell approximately ¥30 billion of cross-shareholdings into a policy of newly selling approximately ¥40 billion by fiscal 2025. - FY2019-Q2First statedAnnual report
「The Company planned to sell approximately ¥30 billion of cross-shareholdings during the fiscal year ending March 2019 and began selling some of these holdings after 2 October 2018. Accordingly, the Company plans to recognize a gain on the sale of investment securities of ¥6,758 million as extraordinary income in the third quarter of the fiscal year ending March 2019. The sale of cross-shareholdings is also scheduled to continue in accordance with the original plan.」
The Company first announced a plan to sell approximately ¥30 billion of cross-shareholdings during the fiscal year ending March 2019 and began selling part of the holdings after 2 October 2018. It plans to recognize a gain on the sale of ¥6,758 million in the third quarter.