No strategic shareholdings in principle; halve holdings by end-March 2025
First written in FY2022. 2 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The Group has engaged in dialogue with investee companies to reduce its holdings. As a result, it achieved its target of halving the carrying value of its investments compared with the end of March 2022. The ratio of these holdings to consolidated net assets on a market-value basis was 7.6%.」
The Company continued reducing its holdings after achieving the halving target and sold 5 listed issues during the fiscal year. At the same time, it continued to hold strategically certain issues that contribute to the revitalization of regional economies and the enhancement of the corporate value of investee companies. - FY2025ReframedAnnual report
「The Group has engaged in dialogue with investee companies to reduce its holdings. As a result, it achieved its target of halving the carrying value of its investments compared with the end of March 2022. While continuing its reduction initiatives, the Group will continue to hold certain issues strategically from a strategic perspective in order to realize the revitalization of regional economies, a materiality identified in its sustainability policy, and help enhance the corporate value of its investee companies through collaboration with them.」
After confirming that it had achieved its target of halving the carrying value of its investments compared with the end of March 2022, the Company indicated that it would strategically continue to hold certain issues that contribute to the revitalization of regional economies and the enhancement of corporate value, rather than reducing all holdings to zero. - FY2024AchievedAnnual report
「As a result of steady reductions, the Company achieved ahead of schedule its target of halving its holdings by the end of March 2025 compared with the end of March 2022, equivalent to a ¥6.9 billion reduction in acquisition costs. Going forward, it will continue dialogue while pursuing sales, taking into account factors including the impact on the market, with the goal of eliminating listed policy-held shares.」
The Company achieved ahead of schedule its target of halving policy-held shares by the end of March 2025 and set the elimination of listed policy-held shares as its next target. - FY2023AdvancedAnnual report
「The Company aims to halve its holdings by the end of March 2025 compared with the end of March 2022, representing a ¥6.9 billion reduction in acquisition costs from the end-March 2022 level. In fiscal 2022, it reduced them by ¥2.4 billion, representing 35% progress.」
Against its target for reducing policy-held shares, the Company disclosed a ¥2.4 billion reduction in fiscal 2022, representing 35% progress. - FY2022First statedAnnual report
「As a general policy, the Group does not hold listed shares as policy holdings and seeks to contribute to the sound development of the capital markets. It will engage in dialogue with current investee companies to ensure their understanding of the Group's policy, and aims to halve its holdings by the end of March 2025 compared with the end of March 2022, reducing acquisition costs by ¥6.9 billion from the end-March 2022 level.」
The Company adopted a policy of generally not holding listed shares as policy holdings and set a target of halving such holdings by the end of March 2025 compared with the end of March 2022, reducing acquisition costs by ¥6.9 billion.