Review of the Rationale for Strategic Shareholdings and Decisions on Continued Ownership
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The Board of Directors, at its meeting held on 15 May 2026, reviewed and determined whether the holdings contribute to the management of the Group, taking into account their economic rationale and the risks associated with continuing to hold them. Following the review, shares judged not to have a holding purpose consistent with the basic policy will be addressed through measures including sale.」
For cross-shareholdings, the company reaffirmed that the Board of Directors had reviewed the rationale for continuing to hold them at its meeting on 15 May 2026, and that holdings not consistent with the policy would be addressed through measures including sale. - FY2023RestatedAnnual report
「The Board of Directors, at its meeting held on 15 May 2023, reviewed and determined whether the holdings contribute to the management of the Group, taking into account their economic rationale and the risks associated with continuing to hold them.」
The company reaffirmed its policy of reviewing the economic rationale for cross-shareholdings and deciding whether to continue holding them at Board of Directors meetings each year. - FY2022AdvancedAnnual report
「The Board of Directors, at its meeting held on 13 May 2022, reviewed and determined whether the holdings contribute to the management of the Group, taking into account their economic rationale and the risks associated with continuing to hold them. Following the review, shares judged not to have a holding purpose consistent with the basic policy will be addressed through measures including sale.」
For cross-shareholdings, the company disclosed that the Board of Directors reviewed their economic rationale and other factors on 13 May 2022, and that holdings not consistent with the policy would be addressed through measures including sale. - FY2020RestatedAnnual report
「The company's basic policy when making investments for purposes other than pure investment is to hold shares for policy purposes, including maintaining smooth business relationships, maintaining cooperation in business operations, and strengthening stable and ongoing relationships with financial institutions. The Board of Directors and other bodies review and determine whether the holdings contribute to the management of the Group, taking into account their economic rationale and the risks associated with continuing to hold them.」
The company continues to apply its policy of reviewing cross-shareholdings at Board of Directors and other meetings to assess their purpose of maintaining business, cooperative and financial-institution relationships, as well as their economic rationale and the appropriateness of continuing to hold them. - FY2019First statedAnnual report
「The Board of Directors reviews and determines each year whether the holdings contribute to the management of the Group, taking into account their economic rationale and the risks associated with continuing to hold them.」
For cross-shareholdings held to maintain business and cooperative relationships and strengthen relationships with financial institutions, the company disclosed for the first time its policy of reviewing their economic rationale and the appropriateness of continuing to hold them annually at Board of Directors meetings.