Review of the Rationale for Policy-Held Shares and Policy to Reduce Holdings
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「As a basic policy, we will not newly acquire strategic shareholdings where there is no rational basis for holding them, and will reduce existing holdings where applicable. The rationale for holding each individual shareholding is reviewed by the Board of Directors at least once a year in principle, based on the criteria described above.」
The company continues to review the rationale for strategic shareholdings, refrain from making new holdings, reduce existing holdings and have the Board of Directors review its policy at least once a year in principle. - FY2022RestatedAnnual report
「As a basic policy, we will not newly acquire strategic shareholdings where there is no rational basis for holding them, and will reduce existing holdings where applicable. The rationale for holding each individual shareholding is reviewed by the Board of Directors at least once a year in principle, based on the criteria described above.」
The company continues to review the rationale for strategic shareholdings, refrain from making new holdings, reduce existing holdings and have the Board of Directors review its policy at least once a year. - FY2021RestatedAnnual report
「As a basic policy, we will not newly acquire strategic shareholdings where there is no rational basis for holding them, and will reduce existing holdings where applicable. The rationale for holding each individual shareholding is reviewed by the Board of Directors at least once a year in principle, based on the criteria described above.」
The company continues to refrain from making new strategic shareholdings, reduce existing holdings and have the Board of Directors review them at least once a year in principle. - FY2020First statedAnnual report
「As a basic policy, we will not newly acquire strategic shareholdings where there is no rational basis for holding them, and will reduce existing holdings where applicable. The rationale for holding each individual shareholding is reviewed by the Board of Directors at least once a year in principle, based on the criteria described above.」
For strategic shareholdings, the company disclosed for the first time its basic policy of not making new investments where there is no rational basis and reducing existing holdings, together with review by the Board of Directors at least once a year in principle.