Reducing cross-held shares and reviewing the rationale for holdings
First written in FY2019. 2 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026AchievedAnnual report
「The company holds no strategic shareholdings. It had previously held shares in 1 Honda business partners' shareholders association, but sold all of its holdings when the association was dissolved.」
All shares previously held in the Honda Business Partners' Shareholding Association were sold, eliminating the Company's cross-shareholdings. - FY2025RestatedAnnual report
「The company holds shares in 1 Honda business partners' shareholders association as strategic shareholdings. The purpose of the holding is that it was deemed necessary to strengthen the business relationship. The director responsible for the company at the 本田技研工業㈱ liaison office determines whether each holding is reasonable and verifies this by reporting to the management meeting.」
The company continues to hold strategic shares in 1 company and to have the responsible director determine their reasonableness and report to the management meeting as part of the review process. - FY2024Increase in strategic shareholdings through purchases by a shareholders associationAnnual report
「Reason for the increase in the number of shares: additional purchases by the business partners' shareholders association and an increase resulting from a share split.」
The company continues to hold strategic shares in 1 Honda business partners' shareholders association, which made additional purchases during the current fiscal year. The responsible director determines whether the holding is reasonable and continues to report to the management meeting as part of the review process. - FY2023RestatedAnnual report
「The company holds shares in 1 Honda business partners' shareholders association as strategic shareholdings. The purpose of the holding is that it was deemed necessary to strengthen the business relationship.」
The company continues to hold strategic shares in 1 company and to have the responsible director determine their reasonableness and report to the management meeting as part of the review process. - FY2020AdvancedAnnual report
「The company holds shares in 1 Honda business partners' shareholders association as strategic shareholdings. The purpose of the holding is that it was deemed necessary to strengthen the business relationship. The director responsible for the company at the 本田技研工業㈱ liaison office determines whether each holding is reasonable and verifies this by reporting to the management meeting.」
Regarding its policy for reducing and reviewing strategic shareholdings, the company specifies that it holds shares in 1 company and that the responsible director determines their reasonableness and reports to the management meeting as part of the review process. - FY2019First statedAnnual report
「The company will reduce its strategic shareholdings where it determines that the purpose of holding them is not necessarily sufficient. It will consider in the future having the board of directors and other bodies review whether it is appropriate to continue holding each individual issue.」
The company has disclosed for the first time a policy of reducing strategic shareholdings whose purpose is insufficient and an approach of having the board of directors and other bodies review whether individual holdings should be maintained.