Review and Reduction of Cross-Shareholdings
First written in FY2020. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the fiscal year, the company sold all shares held in 3 companies as a result of reviewing the significance of its holdings.」
Based on its policy of reviewing cross-shareholdings, the company sold all shares held in 3 companies in fiscal 2025. The number of companies subject to disposal increased from 1 in the previous fiscal year. - FY2024AdvancedAnnual report
「During the fiscal year, the company sold shares in 1 company as a result of reviewing the significance of its holdings.」
Based on its policy of reviewing cross-shareholdings annually, the company sold its holdings in 1 company during the year, for sale proceeds of ¥2,733 million. - FY2023AdvancedAnnual report
「During the fiscal year, the company sold shares in 2 companies as a result of reviewing the significance of its holdings.」
Based on its policy of reviewing cross-shareholdings annually, the company reduced its holdings of 2 companies during the year, with total sale proceeds of ¥1,802 million. - FY2020First statedAnnual report
「With respect to the review of individual cross-shareholdings, the Board of Directors reviews each year the rationality and necessity of such holdings, taking into account the relationship with business partners and the potential for mutual enhancement of corporate value. The basic policy is to reduce holdings whose significance has diminished. During the fiscal year, the company sold shares in 4 companies as a result of this review.」
The company disclosed for the first time in a single report its policy of reviewing cross-shareholdings annually at Board of Directors meetings and reducing holdings whose significance has diminished, along with the sale of shares in 4 companies during the year.