Quantitative Evaluation of Strategic Shareholdings and Reduction Policy
First written in FY2019. 2 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026RaisedAnnual report
「The return for each security must not be lower than the shareholder equity ROE targeted as an indicator by each bank (Higo Bank: 4.5%; Kagoshima Bank: 4.93%).」
The quantitative evaluation criteria for cross-shareholdings were raised from the previous 4.1% for Higo Bank and 3.47% for Kagoshima Bank to 4.5% and 4.93%, respectively. - FY2025AdvancedAnnual report
「Higo Bank sold 11 listed securities during the fiscal year, with total proceeds from the sales amounting to ¥9,502 million.」
While presenting the quantitative evaluation criteria for cross-shareholdings, Higo Bank disclosed the reduction of 11 listed securities, with total sale proceeds of ¥9,502 million. - FY2023SoftenedAnnual report
「The return for each security calculated as set out below must not be lower than the shareholder equity ROE targeted as an indicator by each bank (Higo Bank: 4.1%; Kagoshima Bank: 3.47%).」
The shareholder equity ROE used as the quantitative evaluation criterion for cross-shareholdings declined from the previously disclosed 4.6% for Higo Bank and 4.28% for Kagoshima Bank to 4.1% and 3.47%, respectively. - FY2020AdvancedAnnual report
「The return for each security calculated as set out below must not be lower than the shareholder equity ROE targeted as an indicator by each bank (Higo Bank: 4.6%; Kagoshima Bank: 4.28%).」
Specific thresholds were presented for the quantitative evaluation of cross-shareholdings, based on shareholder equity ROE of 4.6% for Higo Bank and 4.28% for Kagoshima Bank. - FY2019First statedAnnual report
「For cross-shareholdings, we periodically and continuously conduct individual qualitative evaluations, including the purpose of holding the shares and compliance, as well as quantitative evaluations, comprehensively assess whether continued ownership is appropriate, and report the details of these reviews to the Board of Directors. For holdings that do not meet the ownership criteria, we will proceed with reductions while considering the impact on the market and other relevant circumstances.」
For cross-shareholdings, the company identified for the first time as a specific theme a policy of conducting qualitative evaluations, including the purpose of ownership, and quantitative evaluations using return on equity attributable to shareholders' equity, and reducing holdings that do not meet the criteria.