Periodic Review of the Rationale for Strategic Shareholdings and Reduction
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「For holdings deemed not necessarily sufficiently meaningful to retain, we will seek to reduce them. We also conduct regular reviews of individual holdings to verify the appropriateness of continuing to hold them. As a rule, shares deemed inappropriate to retain as a result of the review will be sold.」
Continuing the policy of regularly reviewing strategic shareholdings and reducing or selling holdings with insufficient rationale. The company held 6 holdings during the year and sold none. - FY2024RestatedAnnual report
「For holdings deemed not necessarily sufficiently meaningful to retain, we will seek to reduce them. We also conduct regular reviews of individual holdings to verify the appropriateness of continuing to hold them. As a rule, shares deemed inappropriate to retain as a result of the review will be sold.」
Continuing the policy of regularly reviewing strategic shareholdings and reducing or selling holdings with insufficient rationale. - FY2021AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 11 138」
During the fiscal year, 11 listed holdings were sold, for total proceeds of ¥138 million. The disclosure states that the rationale for holding each investment was verified and that the policy of selling holdings deemed inappropriate to retain was implemented. - FY2020RestatedAnnual report
「For holdings deemed not necessarily sufficiently meaningful to retain, we will seek to reduce them. We also conduct regular reviews of individual holdings to verify the appropriateness of continuing to hold them.」
Continued verification of the rationale for strategic shareholdings, reduction of holdings with insufficient rationale, and regular reviews of individual holdings. - FY2019First statedAnnual report
「We intend to continue holding shares that we determine to be necessary for policy reasons, based on a comprehensive assessment of their strategic importance to the business and business relationships with counterparties. We will reduce holdings in companies whose shares we determine do not necessarily have sufficient significance. We also conduct periodic reviews of individual holdings to verify the appropriateness of continuing to hold them.」
The company has newly stated a policy of holding cross-shareholdings based on business strategy and business relationships, reducing holdings that do not have sufficient significance, and periodically reviewing individual holdings.