Assessing the Rationale for Cross-Shareholdings and Their Relationship with the Cost of Capital
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「When holding investment shares as strategic shareholdings, the company carefully examines whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, and the Board of Directors verifies whether the holdings should be retained.」
The policy of having the Board of Directors verify the relationship between the benefits and risks of strategic shareholdings and the cost of capital continues. - FY2021RestatedAnnual report
「When holding investment shares as strategic shareholdings, the company carefully examines whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, and the Board of Directors verifies whether the holdings should be retained.」
The policy of having the Board of Directors verify the relationship between the benefits and risks of strategic shareholdings and the cost of capital continues. - FY2020First statedAnnual report
「When holding investment shares as strategic shareholdings, the company carefully examines whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, and the Board of Directors verifies whether the holdings should be retained.」
The company newly stated its policy of carefully examining the purpose of strategic shareholdings, their benefits and risks, and their relationship with the cost of capital, with the Board of Directors verifying whether the holdings should be retained.