Reduction of Strategic Shareholdings and Sales on Hold
First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「As a general policy, we do not hold shares except where they are necessary for the Group's business activities, such as maintaining and strengthening medium- to long-term business relationships.」
The Company continues its policy of generally not holding cross-shareholdings except where necessary for business activities. It holds no shares other than one unlisted stock. - FY2025RestatedAnnual report
「As a general policy, we do not hold shares except where they are necessary for the Group's business activities, such as maintaining and strengthening medium- to long-term business relationships.」
The Company continues its policy of generally not holding cross-shareholdings except where necessary for business activities. It holds no shares other than one unlisted stock. - FY2022AchievedAnnual report
「As a result, we determined that our shareholdings were excessive and sold all shares other than unlisted shares during the current fiscal year.」
For the cross-shareholdings whose partial sale had been decided and suspended in the previous fiscal year, the Company sold all shares other than unlisted shares and completed the reduction. - FY2021AdvancedAnnual report
「As a result, we determined that our shareholdings were excessive and reduced them by selling part of the holdings.」
For the cross-shareholdings whose partial sale had been decided in the previous fiscal year but temporarily suspended, the Company actually sold part of the holdings and reduced them during the current fiscal year. - FY2020First statedAnnual report
「As a general policy, we do not hold shares except where they are necessary for the Group's business activities, such as maintaining and strengthening medium- to long-term business relationships. The suitability of holding each individual stock was reviewed at a meeting of the Board of Directors held on 31 January 2020, based on transaction performance and other factors. As a result, we determined that our shareholdings were excessive and decided to sell part of them. However, after share prices subsequently fell sharply due in part to the impact of COVID-19, we temporarily suspended the sales.」
The Company disclosed for the first time its policy of generally not holding cross-shareholdings except where necessary for business activities, its review based on transaction performance and other factors, and its decision to sell part of the holdings followed by a temporary suspension due to the impact of COVID-19.