Reviewing the Rationale for Strategically Held Shares and Reducing Holdings
First written in FY2019. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2023.
- FY2023Update to the Number of Holdings RetainedAnnual report
「This review is conducted annually, and holdings deemed to have insufficient strategic significance are generally reduced. For the fiscal year, it was decided to hold 8 issues.」
The policy of limiting cross-shareholdings to the minimum necessary and reviewing and reducing them annually was continued, and the number of issues held continuously during the period was disclosed as 8. - FY2022RestatedAnnual report
「This review is conducted annually, and holdings deemed to have insufficient strategic significance are generally reduced. For the fiscal year, it was decided to continue holding 7 issues.」
The policy of limiting cross-shareholdings to the minimum necessary and reviewing their rationale and reducing them annually was continued. During the period, 7 issues were held continuously. - FY2021AdvancedAnnual report
「This review is conducted annually, and holdings deemed to have insufficient strategic significance are generally reduced. For the fiscal year, it was decided to continue holding 7 issues.」
Under the policy of limiting cross-shareholdings to the minimum necessary and reviewing and reducing them annually, 7 issues were held continuously during the period, and the number of shares held in 2 unlisted companies was reduced. - FY2019First statedAnnual report
「The Company limits its holdings to the minimum necessary and reviews the appropriateness of holding each security by comprehensively considering business benefits and risks and economic rationality. This review is conducted annually, and as a general rule the Company reduces holdings that are judged not to have sufficient significance. During the current fiscal year, the Company reduced its holdings in 3 securities and decided to continue holding 9 securities.」
The policy of limiting policy-held shares to the minimum necessary and reducing them while reviewing their rationale annually, together with the current-period results of reducing holdings in 3 securities and continuing to hold 9, is being recorded as a theme for the first time.