Verification of the Significance and Rationale of Strategic Shareholdings and Their Sale
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026Additional acquisition to strengthen business relationshipsAnnual report
「Securities for which the number of shares increased during the fiscal year: securities other than unlisted shares, 3 securities; total acquisition cost attributable to the increase in shares, ¥6 million; reason for the increase in shares: to strengthen business relationships.」
While maintaining its policy of reviewing the significance and rationale of cross-shareholdings and selling them, the Company increased its holdings in 3 listed securities during the fiscal year to strengthen business relationships. - FY2023RestatedAnnual report
「For investment securities held for purposes other than pure investment, our Board of Directors reviews the significance and rationale for holding them from the perspectives of whether they contribute to stable business relationships, the risks associated with holding them, and whether there are any corporate governance concerns. Following the Board's review, we are proceeding with the sale of securities for which the significance and rationale for holding them are deemed limited.」
The Company continues to have the Board of Directors review the significance and rationale of its cross-shareholdings and to sell holdings with limited rationale. At the end of the fiscal year, it held 5 unlisted and 3 listed securities. During the fiscal year, the number of shares held in all 3 listed securities increased, while there were no holdings for which the number of shares decreased. - FY2022First statedAnnual report
「For investment securities held for purposes other than pure investment, our Board of Directors reviews the significance and rationale for holding them from the perspectives of whether they contribute to stable business relationships, the risks associated with holding them, and whether there are any corporate governance concerns. Following the Board's review, we are proceeding with the sale of securities for which the significance and rationale for holding them are deemed limited.」
For cross-shareholdings, the Board of Directors reviews the significance and rationale for holding them based on business relationships, holding risks and governance concerns, and has adopted a policy of selling holdings with limited significance as an independent theme for the first time.