Review of the Rationale for Strategic Shareholdings and Reduction of Holdings
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 1 999 Strengthening business relationships」
Under its policy of assessing the rationale for cross-shareholdings, the company disclosed the acquisition of 1 issue for ¥999 million to strengthen business relationships and the sale of 2 issues for ¥104 million. - FY2020AdvancedAnnual report
「Shares other than unlisted shares 1 285 Strengthening business relationships」
The company disclosed that it acquired and held 1 newly listed share issue at an acquisition cost of ¥285 million as a cross-shareholding, citing the strengthening of business relationships. - FY2019First statedAnnual report
「The company has established a policy under which, when it holds listed shares as cross-shareholdings, it assesses whether they are beneficial to business operations, including business alliances, maintaining transactions and strengthening relationships. Each year, from a medium- to long-term perspective, the Board of Directors effectively verifies and determines the appropriateness of these holdings, and reviews them, including through reductions, when their continued holding is not deemed appropriate.」
The company has, for the first time, stated a policy of using business benefits as the criterion for assessing cross-shareholdings, reviewing them annually by the Board of Directors and reducing them when their continued holding is not deemed appropriate.