Assessment of the Rationale for Strategic Shareholdings and Policy for Reducing Them
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「For each fiscal year, the Board of Directors thoroughly reviews the purpose, benefits and risks of each cross-shareholding and determines whether it should be held within a reasonable minimum necessary scope. The Company seeks to reduce cross-shareholdings where it determines that the benefits of holding them are insufficient.」
The Company continues to have the Board of Directors review cross-shareholdings each fiscal year and to reduce holdings where necessary. - FY2024RestatedAnnual report
「For each fiscal year, the Board of Directors thoroughly reviews the purpose, benefits and risks of each cross-shareholding and determines whether it should be held within a reasonable minimum necessary scope. The Company seeks to reduce cross-shareholdings where it determines that the benefits of holding them are insufficient.」
The Company continues to have the Board of Directors review cross-shareholdings each fiscal year and to reduce holdings where necessary. - FY2021RestatedAnnual report
「For each fiscal year, the Board of Directors thoroughly reviews the purpose, benefits and risks of each cross-shareholding and determines whether it should be held within a reasonable minimum necessary scope. The Company seeks to reduce cross-shareholdings where it determines that the benefits of holding them are insufficient.」
The Company continues to have the Board of Directors review cross-shareholdings each fiscal year and to reduce holdings where necessary. - FY2019First statedAnnual report
「For each fiscal year, the Board of Directors thoroughly reviews the purpose, benefits and risks of each cross-shareholding and determines whether it should be held within a reasonable minimum necessary scope. The Company seeks to reduce cross-shareholdings where it determines that the benefits of holding them are insufficient.」
The Company has disclosed for the first time its policy of having the Board of Directors review cross-shareholdings each fiscal year and reducing holdings whose benefits are insufficient.