Continued Holding of Strategic Shareholdings and Annual Review
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 5 1,066」
Under its target of reducing the ratio of cross-shareholdings to consolidated net assets to less than 20% by the end of March 2028, the company sold 5 listed issues during the fiscal year for total proceeds of ¥1,066 million. - FY2025RaisedAnnual report
「The Group is working toward a target of reducing the ratio of cross-shareholdings to consolidated net assets to less than 20% by the end of March 2028, including deemed holdings. It reviews the economic rationale and benefits of ownership annually at meetings of the Executive Committee and the Board of Directors to determine whether the holdings contribute to enhancing the Group's corporate value over the medium to long term.」
In addition to its existing policy of conducting annual reviews and considering reductions of cross-shareholdings, the company newly specified a quantitative target and deadline of reducing the ratio to consolidated net assets to less than 20%, including deemed holdings, by the end of March 2028. During the fiscal year, it sold 2 issues for total proceeds of ¥1,374 million. - FY2021AdvancedAnnual report
「The number of shares declined for 1 issue during the fiscal year, and the total sale proceeds were ¥335 million.」
The company maintained its policy of reviewing cross-shareholdings annually and sold shares in Olympus during the fiscal year. It held 28 unlisted issues and 33 listed issues, and reviewed whether continued ownership was appropriate based on business and collaboration relationships, among other criteria. - FY2019First statedAnnual report
「For cross-shareholdings, management reviews them annually at meetings of the Executive Committee and the Board of Directors to determine whether their economic rationale and benefits of ownership contribute to the enhancement of the Group's corporate value over the medium to long term. For shares deemed inappropriate to continue holding as a result of the review, the Group considers reducing its holdings.」
The company states its policy of reviewing cross-shareholdings annually and considering reductions where continued ownership is deemed inappropriate, based on purposes such as business relationships and collaboration.