Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2020. 5 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year」
The company sold 1 listed cross-shareholding, leaving 5 unlisted and 5 listed holdings. It continued reviewing the rationality of its holdings and reducing them. - 2026-05-01AdvancedGeneral Meetings of Shareholders
「For policy-held shares already owned, we will verify the rationale for continued ownership and proceed with a gradual reduction.」
The number of policy-held shares decreased from 11 issues in the previous fiscal year to 10, and the company states that it will continue reducing them gradually. - FY2024AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year」
The company's cross-shareholdings comprised 5 unlisted and 8 listed holdings, after it sold 4 listed holdings. It continued reducing its holdings while reviewing their rationality. - FY2022AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year」
The company sold 1 unlisted and 11 listed cross-shareholdings and reduced its holdings while reviewing their rationality. It held 6 unlisted and 14 listed holdings, with a total balance-sheet carrying amount of ¥11,927 million. - FY2021AdvancedAnnual report
「The company's basic policy is to reduce holdings that are judged not necessarily to have sufficient strategic significance. The rationality of holdings is reported to and reviewed by the Board of Directors and other bodies as appropriate, based on transaction status, dividend yields and other factors.」
The company disclosed 23 cross-shareholdings with a carrying amount of ¥12,211 million, and sold 4 unlisted and 6 listed holdings during the fiscal year. - FY2020First statedAnnual report
「The Company holds shares of business partners as strategic shareholdings from the perspective of building stable, long-term business relationships and strengthening transactions. Its basic policy is to reduce holdings that it determines do not have sufficient strategic significance. The rationale for holdings is periodically reported to and reviewed by the Board of Directors and other bodies based on transaction status, dividend yield and other factors.」
The Company holds strategic shareholdings to support business relationships, but reduces holdings with insufficient significance and reviews transaction status and dividend yields through the Board of Directors and other bodies.