Decisions on Continuing to Hold or Reducing Strategic Shareholdings
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: 2026-07-10.
- 2026-07-10RestatedGovernance
「そのため、相互の「事業拡大・発展」、「販売・取引強化」、「取引関係維持・発展」など総合的に勘案し、取締役会で中長期的な企業価値の向上に必要な場合に政策保有株式として保有し、中長期的な企業価値向上に必要としない場合には縮減していく方針です。」
政策保有株式を保有・縮減する判断方針を再掲している。 - FY2026Partial reduction of cross-shareholdingsAnnual report
「Shares other than unlisted shares 9」
During the fiscal year, the company sold 1 issue of unlisted shares and 1 issue of listed shares, reducing the number of cross-shareholdings. The Board's review and reduction based on the holding policy resulted in actual sales. - FY2022RestatedAnnual report
「Once a year, the Board of Directors will comprehensively consider quantitative factors, including the company's cost of capital and business performance, and qualitative factors, including the purpose of holding the shares, when determining whether continued ownership of cross-shareholdings is appropriate based on the need to enhance the company's corporate value over the medium to long term.」
The company continues its policy of reviewing once a year the need for cross-shareholdings to enhance corporate value, using quantitative factors such as the cost of capital and business performance and qualitative factors such as the purpose of holding the shares. - FY2020RestatedAnnual report
「Once a year, the Board of Directors will comprehensively consider quantitative factors, including business performance, and qualitative factors, including the purpose of holding the shares, when determining whether continued ownership of cross-shareholdings is appropriate based on the need to enhance the company's corporate value over the medium to long term.」
The company continues its policy of reviewing the need for cross-shareholdings to enhance corporate value over the medium to long term once a year at Board of Directors meetings and reducing holdings that are no longer necessary. - FY2019First statedAnnual report
「The policy is to hold shares as cross-shareholdings when the Board of Directors determines that they are necessary to enhance corporate value over the medium to long term, and to reduce such holdings when they are not necessary for that purpose. Once a year, the Board of Directors will comprehensively consider quantitative factors, including business performance, and qualitative factors, including the purpose of holding the shares, when determining whether continued ownership is appropriate based on the need to enhance the company's corporate value over the medium to long term.」
The company newly stated a policy of reviewing the need for cross-shareholdings to enhance corporate value over the medium to long term once a year at Board of Directors meetings and reducing such holdings when they are no longer necessary.