Policy on Holding Strategic Shareholdings and Reviewing Their Rationale
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026Partial Sale of Cross-ShareholdingsAnnual report
「We held the shares as a major supplier of key components for the Group and to maintain and strengthen the medium- to long-term relationship, but sold all shares held during the current fiscal year.」
All shares held in SAXA,Inc., a major supplier of key components, were sold, streamlining the Company's cross-shareholdings. - FY2022RestatedAnnual report
「We will not hold cross-shareholdings except where we determine that they will contribute to enhancing our corporate value. Regarding the criteria for holding such shares, we will periodically have the secretariat report the results of a comprehensive review of the rationale and soundness of each holding, including the transaction status with the investee company, its medium- to long-term social contribution and its financial position. We will then decide whether to continue holding the shares and consider and implement their disposal.」
The policy of limiting cross-shareholdings to cases in which they contribute to enhancing corporate value and periodically reviewing transaction status, social contribution, financial position and other factors remains in place. - FY2021First statedAnnual report
「We will not hold cross-shareholdings except where we determine that they will contribute to enhancing our corporate value. Regarding the criteria for holding such shares, we will periodically have the secretariat report the results of a comprehensive review of the rationale and soundness of each holding, including the transaction status with the investee company, its medium- to long-term social contribution and its financial position. We will then decide whether to continue holding the shares and consider and implement their disposal.」
It states for the first time that cross-shareholdings will be limited to cases in which they contribute to enhancing corporate value, with continued holding or disposal determined through periodic reviews of transaction status, social contribution, financial position and other factors.