Reviewing the Rationale for Cross-Shareholdings and Reducing Them
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 818」
Under the policy of verifying the rationale for holdings and reducing cross-shareholdings through Board review, the company sold 1 listed holding for ¥818 million. - FY2023AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 91」
Under the policy of annually verifying the rationale for cross-shareholdings and selling holdings, the company sold 1 listed holding during the fiscal year and disclosed proceeds of ¥91 million. - FY2022First statedAnnual report
「We hold listed shares based on a comprehensive assessment of maintaining and strengthening business relationships, business operating needs, economic rationality and other factors. The Board of Directors reviews these holdings annually, and we sell shares whose holding has limited significance as appropriate. During the fiscal year, based on discussions by the Board of Directors on 23 April 2021, we decided to sell shares in 2 companies.」
For cross-shareholdings, the policy of annual review by the Board of Directors, verification of economic rationality and sale of holdings with limited significance was confirmed for the first time as an independent theme. During the fiscal year, the company decided to sell holdings in 2 companies.