Annual Review of the Rationale for Strategic Shareholdings and Their Sale
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2024.
- FY2024RestatedAnnual report
「For each strategic shareholding, the Board of Directors reviews once a year whether it should be retained, taking an overall view of its purpose, the risks of holding it, the long-term benefits of the business relationship with the issuing company, and whether dividend income from the shares exceeds the cost of capital.」
The company continues to review once a year at a Board of Directors meeting whether strategic shareholdings should be retained, taking into account their purpose, risks, benefits of business relationships, and comparisons with the cost of capital. This year, the review is scheduled for the July 2024 Board of Directors meeting. - FY2022AdvancedAnnual report
「This year, the review was conducted at the June 2022 Board of Directors meeting.」
The company disclosed that it conducted its annual review of the rationale for strategic shareholdings, taking into account their purpose, the cost of capital, and other factors, at the June 2022 Board of Directors meeting. - FY2021First statedAnnual report
「For each strategic shareholding, the Board of Directors reviews once a year whether it should be retained, taking an overall view of its purpose, the risks of holding it, the long-term benefits of the business relationship with the issuing company, and whether dividend income from the shares exceeds the cost of capital.」
The company states that it reviews once a year at a Board of Directors meeting whether strategic shareholdings should be retained, taking into account business relationships and comparisons with the cost of capital.