Verification of the Rationale for Strategic Shareholdings and Policy to Reduce or Unwind Them
First written in FY2021. 5 of 7 entries say "Advanced", first in FY2022. Latest entry: 2026-07-29.
- FY2025RestatedAnnual report
「Based on the results of the above review, we determined that all holdings were rational to retain during the fiscal year.」
The Company conducted quantitative and qualitative reviews of its cross-shareholdings and determined that all holdings were rational to retain. - FY2024AdvancedAnnual report
「Based on the results of the above review, we sold certain holdings during the fiscal year. / Shares other than unlisted shares 5 ¥130.861 million」
Based on its review of the rationale for cross-shareholdings, the Company sold 5 listed-share holdings and other holdings, for proceeds of ¥130.861 million. - FY2022AdvancedAnnual report
「Based on the above verification, we determined that all holdings were rational to retain.」
The Company conducted quantitative and qualitative reviews of its cross-shareholdings and determined that all holdings were rational to retain during the fiscal year. - FY2021First statedAnnual report
「For shares held for purposes other than pure investment, the Board of Directors comprehensively verifies the value of each holding through quantitative analysis of its economic benefits, including sales and operating profit generated from the investee, and qualitative analysis of its strategic significance, including maintaining ongoing stable transactions, enhancing corporate value in the future and personal relationships. The Board of Directors will decide whether to continue holding each investment, with a policy of reducing or unwinding holdings whose significance has become limited.」
The Board of Directors verifies the economic benefits and strategic significance of cross-shareholdings and has identified for the first time the policy of reducing or unwinding holdings with limited significance as a theme.