Reviewing the Rationale for Cross-Shareholdings and the Policy of Reducing Them
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「For strategic holdings of listed shares, the company will scrutinize whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, and the Board of Directors will verify the appropriateness of each holding annually. If a holding is judged not to have sufficient strategic significance, the company will reduce it.」
The company continues its policy of reviewing the rationale for strategic holdings annually at the Board of Directors and reducing them when their strategic significance is insufficient. - FY2020First statedAnnual report
「For strategic holdings of listed shares, the company will scrutinize whether the purpose of holding them is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, and the Board of Directors will verify the appropriateness of each holding annually. If a holding is judged not to have sufficient strategic significance, the company will reduce it.」
The company newly stated that the Board of Directors will review strategic holdings annually and that holdings will be reduced if their strategic significance is insufficient.