Review of the Rationale for Strategic Shareholdings and Policy for Reducing Them
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「All of the shares were sold during the fiscal year.」
The company sold all 3 cross-shareholdings: TAMURA CORPORATION, Murata Manufacturing Co.,Ltd. and Odawara Engineering Co.,Ltd. - FY2023RestatedAnnual report
「Regarding cross-shareholdings, the company periodically verifies their overall holding rationale from both quantitative and qualitative perspectives, including the appropriateness of the purpose of holding them and the adequacy of their risk-return profile. If it determines as a result that the rationale for holding them is not necessarily sufficient, its policy is to reduce such holdings.」
The company continues its policy of verifying the rationale and risk-return profile of cross-shareholdings and reducing them where their rationale is insufficient. - FY2022RestatedAnnual report
「Regarding cross-shareholdings, the company periodically verifies their overall holding rationale from both quantitative and qualitative perspectives, including the appropriateness of the purpose of holding them and the adequacy of their risk-return profile. If it determines as a result that the rationale for holding them is not necessarily sufficient, its policy is to reduce such holdings.」
The company continues its policy of verifying the rationale and risk-return profile of cross-shareholdings and reducing them where their rationale is insufficient. - FY2020RestatedAnnual report
「Regarding cross-shareholdings, the company periodically verifies their overall holding rationale from both quantitative and qualitative perspectives, including the appropriateness of the purpose of holding them and the adequacy of their risk-return profile. If it determines as a result that the rationale for holding them is not necessarily sufficient, its policy is to reduce such holdings.」
The company continues its policy of verifying the rationale and risk-return profile of cross-shareholdings and reducing them where their rationale is insufficient. - FY2019First statedAnnual report
「Regarding cross-shareholdings, the company periodically verifies their overall holding rationale from both quantitative and qualitative perspectives, including the appropriateness of the purpose of holding them and the adequacy of their risk-return profile. If it determines as a result that the rationale for holding them is not necessarily sufficient, its policy is to reduce such holdings.」
The company stated for the first time its policy of verifying the purpose and risk-return profile of cross-shareholdings and reducing them where their rationale is insufficient.