Testing the rationale for and reducing cross-shareholdings
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Regarding the method for verifying the rationale for holdings and the appropriateness of holding individual issues, the Board of Directors meeting held on 21 May 2026 verified, as of 31 March 2026, whether the holdings were consistent with the holding policy, including their significance, transaction status and holding risks.」
Regarding strategic shareholdings, the Board of Directors verified their significance, transaction status, holding risks and other factors at its meeting on 21 May 2026. - FY2024AdvancedAnnual report
「Regarding the method for verifying the rationale for holdings and the appropriateness of holding individual issues, the Board of Directors meeting held on 20 May 2024 verified, as of 31 March 2024, whether the holdings were consistent with the holding policy, including their significance, transaction status and holding risks.」
Regarding strategic shareholdings, the Board of Directors verified their significance, transaction status, holding risks and other factors at its meeting on 20 May 2024. - FY2023First statedAnnual report
「We hold shares that are deemed to contribute to increasing our corporate value over the medium to long term by maintaining and strengthening business and collaborative relationships with business partners and others. We verify the rationale for each holding and will reduce holdings as appropriate when we determine that the purpose for holding them has ceased to exist.」
The company has disclosed for the first time a policy of verifying the significance of strategic shareholdings based on their business and collaborative relationships and contribution to medium- to long-term corporate value, and reducing holdings that no longer have significance.