Shareholdings for Business Relationship and Financial Policy Purposes and Annual Review of Rationale
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Board of Directors conducts a regular annual review of the rationale for continuing to hold all shares, taking into account future prospects and the objectives of the holdings.」
The policy of an annual rationale review by the Board of Directors continues for strategic shareholdings. The company held 4 issues during the fiscal year, and the number of shares increased for 1 issue due to continued participation in the business partner's employee stock ownership plan. - FY2025RestatedAnnual report
「The Board of Directors conducts a regular annual review of the rationale for continuing to hold all shares, taking into account future prospects and the objectives of the holdings.」
For strategic shareholdings, the purposes related to business relationships and financial policy, and the policy of an annual rationale review by the Board of Directors, continue. - FY2020RestatedAnnual report
「The Board of Directors conducts a regular annual review of the rationale for continuing to hold all shares, taking into account future prospects and the objectives of the holdings.」
The policy of having the Board of Directors annually review the rationale for strategic shareholdings held to maintain and strengthen business relationships and for financial policy purposes continues. - FY2019First statedAnnual report
「We hold shares in business partners after determining, in light of dividends, financial conditions, transaction status, and other factors, whether holding the shares will contribute to the management of our group from a medium- to long-term perspective, including the strategic importance of the business and the maintenance and strengthening of relationships with business partners. The Board of Directors conducts a regular annual review of the rationale for continuing to hold all shares, taking into account future prospects and the objectives of the holdings.」
The company has, for the first time, explicitly stated its policy on strategic shareholdings held to maintain and strengthen business relationships and for financial policy purposes, as well as the Board of Directors' annual review of the rationale for continuing to hold them.