Review of the Rationale for Holding Strategic Shareholdings
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「If the Company determines, based on its comprehensive assessment, that a sale is necessary, the Board of Directors will decide whether continued ownership is appropriate. No shares held were sold during the current fiscal year as a result of the review.」
The policy of periodically reviewing cross-shareholdings for profitability, market value, credit standing and other factors, and having the Board of Directors decide whether continued ownership is appropriate when necessary, continues. No shares were sold during the current fiscal year. - FY2019First statedAnnual report
「The Company will periodically review whether it should continue to hold shares by comprehensively considering such factors as whether the overall profitability, including dividends and transaction-related income from the shares held, relative to their market value exceeds the cost of capital; whether the market value of the shares and cumulative dividends exceed their acquisition cost; and whether there are any credit concerns regarding the investee.」
The Company stated a policy of periodically reviewing cross-shareholdings based on dividends, transaction-related income, market value, cumulative dividends, credit standing and other factors.