Assessment and Reduction of Strategic Shareholdings Based on Business Relationships
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The Board of Directors determines whether to continue holding or sell the shares based on the transaction history with the counterparty company and the proportion of the holdings' valuation to the company's net assets, among other factors.」
The company continues its policy of reviewing cross-shareholdings based on transaction history and the valuation of the holdings as a percentage of net assets, and considering disposal or reduction when their rationale is limited. - FY2022First statedAnnual report
「The company will continue holding individual shares when, based on a qualitative review, it determines that they contribute to medium- to long-term economic rationality and business strategy. For shares whose rationale for holding has diminished, the Finance Department will consider disposal or reduction after taking into account the circumstances of the counterparty company, and will submit the matter to the Board of Directors.」
The company disclosed a policy of reviewing whether to continue holding or sell cross-shareholdings based on transaction history and the valuation of the holdings as a percentage of net assets.