Review of the Rationale for Holding Strategic Shareholdings
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The board of directors comprehensively determines the significance of holding listed shares held for policy purposes by examining the following items. (Qualitative factors)」
The company continues to have a policy of having the board of directors examine qualitative and quantitative factors and comparisons with the cost of capital regarding shares held for policy purposes. During the fiscal year, the company held 9 issues with a total value of ¥2,073.787 million. - FY2024RestatedAnnual report
「The board of directors comprehensively determines the significance of holding listed shares held for policy purposes by examining the following items. (Qualitative factors)」
The company continues to have a policy of having the board of directors examine business relationships, strategic significance, future business opportunities, transaction amounts, profit amounts, dividends, valuation gains and losses, cost of capital and other factors regarding shares held for policy purposes. - FY2021RestatedAnnual report
「The board of directors comprehensively determines the significance of holding listed shares held for policy purposes by examining the following items. (Qualitative factors)」
The company continues to have a policy of having the board of directors examine the circumstances of acquisition, business relationships, strategic significance, future business opportunities, transaction amounts, profit amounts, dividends, valuation gains and losses, cost of capital and other factors regarding shares held for policy purposes. - FY2019First statedAnnual report
「The board of directors comprehensively determines the significance of holding listed shares held for policy purposes by examining the circumstances of acquisition, whether business relationships exist, the strategic significance at the time of holding, future business opportunities, risks concerning the continuation and stability of transactions if the shares are not held, and the continued benefits, outlook for future transactions and risks if the holdings are continued.」
The company has newly disclosed a policy of having the board of directors examine both qualitative factors and quantitative factors, including transaction amounts, profit amounts, dividends, valuation gains and losses, and comparisons with the cost of capital, regarding shares held for policy purposes.