Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2019. 4 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Accordingly, the company sold all of the shares on 30 March 2026.」
Based on its review of the rationale for holding policy-held shares, the company sold all of its Eidai Co.,Ltd. shares on 30 March 2026. Its policy of reducing holdings has progressed to the sale of individual securities. - FY2025AdvancedAnnual report
「Following a comprehensive review of the appropriateness and rationale for holding the shares based on the management strategy and business activities, the company decided to reduce its holdings. Accordingly, it sold all of the shares on 28 March 2025.」
The company sold all of its KAJIMA CORPORATION shares on 28 March 2025 as policy-held shares. It continues its policy of reducing its holdings of Eidai Co.,Ltd. shares and other shares. - FY2024AdvancedAnnual report
「At a board of directors meeting held on 29 May 2024, the company comprehensively assessed the appropriateness and rationale for holding the shares and, as a result, decided to reduce its holdings.」
Following the review of policy-held shares at the board of directors meeting held on 29 May 2024, the company decided to reduce its holdings of Eidai Co.,Ltd. shares. - FY2023AdvancedAnnual report
「At a board of directors meeting held on 28 November 2022, the company comprehensively assessed the appropriateness and rationale for holding the shares, taking into account the company’s management strategy and business activities, the other company’s business activities, unrealized gains and dividends, as well as the benefits and risks of holding the shares and capital costs. As a result, it decided to reduce its holdings.」
Following a review of policy-held shares by the board of directors based on capital costs and other factors, the company reduced its holdings of ジャノメ shares. - FY2020RestatedAnnual report
「Every year, the company’s board of directors verifies the medium- to long-term economic rationale of the policy-held shares based on capital costs and other factors, taking into account risk and return, as well as the benefits of holding them from the perspective of maintaining and strengthening overall relationships with business partners. If it determines that continued ownership is not appropriate, meaningful or necessary, it reviews the holdings, including by reducing them.」
The company continues its policy of having the board of directors annually verify the rationale for holding policy-held shares and reducing holdings when they are no longer necessary. - FY2019First statedAnnual report
「Every year, the company’s board of directors verifies the medium- to long-term economic rationale of the policy-held shares based on capital costs and other factors, taking into account risk and return, as well as the benefits of holding them from the perspective of maintaining and strengthening overall relationships with business partners. If it determines that continued ownership is not appropriate, meaningful or necessary, it reviews the holdings, including by reducing them.」
For policy-held shares, the company has, for the first time, presented as a separate topic its policy of having the board of directors annually verify the rationale for holding them from the perspectives of capital costs, risk and return, and maintaining and strengthening relationships with business partners, and reducing holdings when they are no longer necessary.