Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 2 ¥973 million」
The company sold 2 strategic shareholdings for ¥973 million, while acquiring shares in Tech Extension Co., Ltd., which has expertise and technology in advanced integration processes in the information and electronics business. - FY2025AdvancedAnnual report
「At each fiscal year-end, the Management Strategy Meeting closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
The company identified the Management Strategy Meeting as the body responsible for reviewing strategic shareholdings and sold 3 holdings other than unlisted shares during the fiscal year. - FY2024AdvancedAnnual report
「Shares other than unlisted shares 2 973」
Based on its assessment of the rationale for strategic shareholdings, the company sold 6 holdings other than unlisted shares. In addition, it acquired shares in 2 companies with expertise and technology in the cell culture field. - FY2023AdvancedAnnual report
「Shares other than unlisted shares 2 973」
As part of reductions based on its assessment of the rationale for strategic shareholdings, the company disclosed sales during the fiscal year, including 11 holdings other than unlisted shares, and proceeded with the reduction of its holdings. - FY2022AdvancedAnnual report
「Shares other than unlisted shares 2 973」
Following its assessment of the rationale for strategic shareholdings, the company sold 6 holdings and reduced its strategic shareholdings. - FY2021RestatedAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
The company reconfirmed the Board of Directors’ review of each strategic shareholding and its decisions on whether to continue holding or dispose of each security at each fiscal year-end. - FY2020AdvancedAnnual report
「At each fiscal year-end, the Board of Directors closely examines the rationale for holding each individual security and decides whether to continue holding or dispose of it in accordance with the verification method described above.」
The company specifically stated that, at each fiscal year-end, the Board of Directors examines the rationale for each strategic shareholding and decides whether to continue holding or dispose of it. - FY2019First statedAnnual report
「For each individual security, we thoroughly consider various factors, taking into account the future outlook and the potential for synergies with our core businesses, and comprehensively assess whether continued ownership is appropriate. Securities without rational grounds for ownership are subject to reduction.」
The company disclosed its policy of assessing the rationale for each strategic shareholding and reducing holdings that lack rational grounds.