Review and Reduction of Strategic Shareholdings Held to Maintain and Strengthen Business Relationships
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「We hold shares in a business partner when we determine that doing so, from the perspective of maintaining and strengthening stable cooperative relationships with business partners, contributes to our sustainable growth and the enhancement of corporate value over the medium to long term.」
The company continues its policy for cross-shareholdings of maintaining and strengthening business relationships, reviewing the significance of the holdings, and selling or reducing holdings when no rationale exists. - FY2024RestatedAnnual report
「We hold shares in a business partner when we determine that doing so, from the perspective of maintaining and strengthening stable cooperative relationships with business partners, contributes to our sustainable growth and the enhancement of corporate value over the medium to long term.」
The company continues its policy for cross-shareholdings of maintaining and strengthening business relationships, reviewing their economic rationale and future outlook, and selling or reducing holdings when no rationale exists. - FY2021AdvancedAnnual report
「Securities whose number of shares decreased during the fiscal year Unlisted shares 1 Shares other than unlisted shares 1」
While maintaining its policy of reviewing the significance and economic rationale of cross-shareholdings, the company reported decreases during the fiscal year in 1 unlisted shareholding and 1 listed shareholding. - FY2019First statedAnnual report
「We hold shares in a business partner when we determine that doing so, from the perspective of maintaining and strengthening stable cooperative relationships with business partners, contributes to our sustainable growth and the enhancement of corporate value over the medium to long term. We also review the significance of holding these shares based on their medium- to long-term economic rationale and future outlook, and confirm the results at meetings of the Board of Directors. If the appropriateness and rationale for holding the shares are not recognised, we sell or reduce the holdings.」
The company has disclosed for the first time its policy of holding shares to maintain and strengthen cooperative relationships with business partners, reviewing the significance of the holdings through the Board of Directors, and selling or reducing holdings when their rationale is not recognised.