Reviewing and Reducing Cross-Shareholdings
First written in FY2019. 7 of 9 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2026.
- FY2026RestatedAnnual report
「For cross-shareholdings, we assess whether holdings should be maintained from the perspectives of the appropriateness of the holding purpose, the benefits and risks of holding the shares, and the cost of capital, among others, and report the results annually to the Board of Directors. Where a holding is judged to have limited significance, we will consider reducing it.」
The appropriateness of cross-shareholdings was reviewed annually by the Board of Directors, and the policy of reducing holdings with limited significance continued. It was stated that no holdings had increased or decreased in the fiscal year under review. - FY2025AdvancedAnnual report
「During the fiscal year under review, the Company sold 2 of its cross-shareholdings (sale proceeds: ¥1,668 million).」
Regarding cross-shareholdings, the Company sold 2 holdings during the year, with sale proceeds of ¥1,668 million. The policy of annually reviewing the appropriateness of holdings and reducing holdings with limited significance continued. - FY2024AdvancedAnnual report
「During the fiscal year under review, the Company sold one of its cross-shareholdings (sale proceeds: ¥169 million).」
Regarding cross-shareholdings, the Company sold one holding during the year, with sale proceeds of ¥169 million. The policy of reviewing the appropriateness of holdings annually and reducing holdings with limited significance continued. - FY2022AdvancedAnnual report
「During the fiscal year under review, the Company sold 2 of its cross-shareholdings and partially sold another (sale proceeds: ¥390 million).」
Regarding cross-shareholdings, the Company sold 2 holdings and partially sold another. - FY2021AdvancedAnnual report
「During the fiscal year under review, the Company sold one of its cross-shareholdings and partially sold another (sale proceeds: ¥5,346 million).」
Regarding cross-shareholdings, the Company sold one holding and partially sold another, with sale proceeds of ¥5,346 million. - FY2020AdvancedAnnual report
「During the fiscal year under review, the Company sold one of its cross-shareholdings and partially sold another (sale proceeds: ¥3,371 million).」
Regarding cross-shareholdings, the Company progressed from partially selling one holding in the previous year to selling one holding and partially selling another in the current year, with sale proceeds of ¥3,371 million. - FY2020-Q2AdvancedAnnual report
「Gain on sale of investment securities 3,261」
The sale of investment securities planned in the previous quarterly report was completed, and a gain on sale of investment securities of ¥3,261 million was recorded for the cumulative second-quarter period. - FY2020-Q1AdvancedAnnual report
「The Company sold part of its investment securities on 11 November 2019. As a result, it will record a gain on sale of investment securities as an extraordinary gain in the second quarter of the consolidated fiscal year under review. 1. Reason for sale of investment securities: To improve asset efficiency and strengthen the Company's financial position. 2. Details of the sale of investment securities: (1) Shares sold: OPTORUN CO., LTD. (2) Sale date: 11 November 2019 (3) Number of shares sold: 1,000,000 shares (4) Sale proceeds: ¥3,276 million (5) Gain on sale of investment securities: ¥3,199 million」
In connection with the policy of reviewing and reducing cross-shareholdings, 1,000,000 shares of OPTORUN CO., LTD. were sold, with sale proceeds of ¥3,276 million and a gain on sale of ¥3,199 million scheduled to be recorded. - FY2019First statedAnnual report
「For cross-shareholdings, we assess whether holdings should be maintained from the perspectives of the appropriateness of the holding purpose, the benefits and risks of holding the shares, and the cost of capital, among others, and report the results annually to the Board of Directors. Where the significance of a holding is judged to be limited, we will consider reducing it. During the fiscal year under review, we partially sold one of the cross-shareholdings held by the Company (sale proceeds: ¥1,779 million).」
The Company stated its policy of reviewing the appropriateness of its cross-shareholdings annually at Board of Directors meetings and reducing holdings with limited significance. During the year, it partially sold one holding.