Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「The company continues to conduct the same review at each fiscal year-end at Board of Directors meetings and make additional sales of holdings when market conditions make them suitable for sale. As of the date of submission of the Annual Securities Report, it held 2 holdings worth ¥13 million.」
The company proceeded with additional sales of its strategic shareholdings, reducing its holdings as of the submission date to 2 holdings worth ¥13 million. - FY2024RestatedAnnual report
「The company also verifies its strategic shareholdings each year at Board of Directors meetings based on its holding policy and certain criteria, and reviews them as necessary.」
The company continues to verify the rationale for its strategic shareholdings each fiscal year and sell or review them as necessary. During the fiscal year, it sold 1 holding for ¥23 million. - FY2023RestatedAnnual report
「The company also verifies its strategic shareholdings each year at Board of Directors meetings based on its holding policy and certain criteria, and reviews them as necessary.」
The company continues to verify the rationale for its strategic shareholdings each fiscal year and sell or review them as necessary. During the fiscal year, it sold 1 listed holding. - FY2022AdvancedAnnual report
「The company continues to conduct the same review at each fiscal year-end at Board of Directors meetings and to make additional sales of holdings when market conditions make them suitable for sale.」
The company continues to verify the rationale for its strategic shareholdings each fiscal year and make additional sales. During the fiscal year, it sold 2 listed holdings for ¥18 million. - FY2021First statedAnnual report
「During the consolidated fiscal year, at a Board of Directors meeting held on 18 May 2021, the company determined that it was not rational to hold 10 of its 16 listed holdings and resolved to reduce its holdings in some of the securities whose continued ownership was considered appropriate. During the consolidated fiscal year, it sold 7 holdings, completing the sale of 5 of them.」
The company stated a policy of verifying the rationale for its strategic shareholdings each year, determined that 10 of 16 holdings lacked a rationale, sold 7 holdings, and completed the sale of 5 holdings.