Verification of the Rationale for Strategic Shareholdings and Their Reduction or Elimination
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The company may hold shares in other companies after comprehensively considering the establishment, maintenance and strengthening of relationships with business partners. The Board of Directors also reviews the rationale for holding cross-shareholdings every year from the perspectives of their purpose, investment scale, benefits associated with holding them and cost of capital. If the review determines that there is no rationale for holding them, the company will reduce or dispose of the holdings.」
The company continued its annual review of the rationale for cross-shareholdings and its policy of reducing or disposing of holdings when no rationale exists. - FY2022RestatedAnnual report
「If the review determines that there is no rationale for holding the shares, the company will reduce or dispose of the holdings.」
The company continued its annual review of the rationale for cross-shareholdings and its policy of reducing or disposing of holdings when no rationale exists. - FY2020RestatedAnnual report
「If the review determines that there is no rationale for holding the shares, the company will reduce or dispose of the holdings.」
The company continued its annual review of the rationale for cross-shareholdings and its policy of reducing or disposing of holdings when no rationale exists. During the fiscal year, the business partners' shareholder association purchased shares in 1 company. - FY2019First statedAnnual report
「The company may hold shares in other companies after comprehensively considering the establishment, maintenance and strengthening of relationships with business partners. The Board of Directors also reviews the rationale for holding cross-shareholdings every year from the perspectives of their purpose, investment scale, benefits associated with holding them and cost of capital. If the review determines that there is no rationale for holding them, the company will reduce or dispose of the holdings.」
For cross-shareholdings, the company disclosed for the first time its annual review by the Board of Directors of the rationale for holding them and its policy of reducing or disposing of holdings when no rationale exists.