Reviewing the rationale for and selling cross-shareholdings held to maintain business relationships
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Issues for which the number of shares decreased during the fiscal year: 4 issues other than unlisted shares; total sale value related to the decrease in the number of shares: ¥370 million」
The company continued its policy of reviewing the rationale for each cross-shareholding and sold 4 listed issues during the fiscal year. - FY2023RestatedAnnual report
「The shares held are reviewed from time to time for each individual issue based on the business benefits of holding them, taking into account the status of transactions with the investee, the market value of the shares, dividend income and other economic considerations, as well as the benefits associated with holding the shares and share-price trends. Shares whose significance of ownership has declined are sold at an appropriate time.」
The company continues its policy of reviewing the rationale for each cross-shareholding and selling shares when their significance of ownership declines. During the fiscal year, it held 2 unlisted issues and 8 listed issues and made no sales. - FY2021AdvancedAnnual report
「During the period from April 2020 to March 2021, the company sold 1 cross-shareholding.」
The company continued to review the rationale for each cross-shareholding and sold 1 issue during the fiscal year. - FY2020AdvancedAnnual report
「During the period from April 2019 to March 2020, the company sold 1 cross-shareholding.」
The company continued to review the rationale for each cross-shareholding and sold 1 issue during the fiscal year. - FY2019First statedAnnual report
「The shares held are reviewed from time to time for each individual issue based on the business benefits of holding them, taking into account the status of transactions with the investee, the market value of the shares, dividend income and other economic considerations, as well as the benefits associated with holding the shares and share-price trends. Shares whose significance of ownership has declined are sold at an appropriate time.」
The company disclosed a policy of holding cross-shareholdings to maintain and enhance business relationships, reviewing the rationale for each issue and selling shares whose significance of ownership has declined.