Reviewing the Rationale for Strategic Shareholdings and Policy on Sales
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「For individual holdings, if the Board of Directors determines that there is no longer sufficient significance in continuing to hold them, based on both qualitative and quantitative assessments of the benefits and risks associated with the holdings, we will engage in sufficient dialogue with the issuing company and proceed with their sale in an appropriate and timely manner.」
The Company continues its policy of verifying the rationale for holding strategic shareholdings and selling them if their continued ownership is no longer deemed meaningful. It held no applicable securities at the end of the fiscal year. - FY2025AdvancedAnnual report
「The decrease in shares other than unlisted shares resulted from the sale of shares in LUCKLAND CO.,LTD.」
The Company sold 10,000 shares in LUCKLAND CO.,LTD., which had been held as a cross-shareholding, for ¥18.246 million. The 1 holding with a carrying amount of ¥22.5 million at the end of the previous fiscal year was no longer held at the end of the current fiscal year. - FY2024RestatedAnnual report
「We hold shares whose purpose of ownership is other than pure investment only when, from a medium-term perspective and after comprehensively considering their contribution to our business strategy and other factors, we determine that doing so is effective for enhancing corporate value. For individual holdings, if the Board of Directors determines that there is no longer sufficient significance in continuing to hold them, based on both qualitative and quantitative assessments of the benefits and risks associated with the holdings, we will engage in sufficient dialogue with the issuing company and proceed with their sale in an appropriate and timely manner.」
The Company continues to verify the rationale for cross-shareholdings and its policy of selling them after dialogue if there is no significance in continuing to hold them. The Company held 1 stock, with a balance-sheet carrying amount of ¥22.5 million. - FY2023First statedAnnual report
「We hold shares whose purpose of ownership is other than pure investment only when, from a medium-term perspective and after comprehensively considering their contribution to our business strategy and other factors, we determine that doing so is effective for enhancing corporate value. For individual holdings, if the Board of Directors determines that there is no longer sufficient significance in continuing to hold them, based on both qualitative and quantitative assessments of the benefits and risks associated with the holdings, we will engage in sufficient dialogue with the issuing company and proceed with their sale in an appropriate and timely manner.」
The Company disclosed separately for the first time its policy of verifying the contribution of cross-shareholdings to its business strategy and their benefits and risks from both qualitative and quantitative perspectives, and selling them after dialogue if there is no significance in continuing to hold them.