Reduction of Policy-Held Shares and Regular Board Review
First written in FY2019. 4 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2024.
- FY2024AdvancedAnnual report
「Regarding the Company's cross-shareholdings, the Company has a policy of selling them to the fullest extent possible. After management regularly verifies and deliberates on the purpose of holding them, their effectiveness and their economic rationale, the Company makes its decisions.」
The company sold shares in 4 companies and recorded proceeds of ¥476.660 million and a gain on sale of ¥315.803 million. - FY2023-Q3AdvancedAnnual report
「This resulted from the sale of 2 issues held for strategic purposes.」
In line with its policy of reducing cross-shareholdings, the company sold shares in 2 companies and recorded a gain on sale of ¥51.052 million. - FY2022AdvancedAnnual report
「Regarding the Company's cross-shareholdings, the Company has a policy of selling them to the fullest extent possible. After regularly verifying and deliberating on the purpose of holding them, their effectiveness and their economic rationale at meetings of the Board of Directors, the Company makes its decisions.」
The company sold shares in 5 companies, excluding unlisted holdings, for total proceeds of ¥374 million. - FY2020AdvancedAnnual report
「Regarding the Company's cross-shareholdings, the Company has a policy of selling them to the fullest extent possible. After regularly verifying and deliberating on the purpose of holding them, their effectiveness and their economic rationale at meetings of the Board of Directors, the Company makes its decisions.」
The company continued its policy of reducing cross-shareholdings and sold 2 listed shares during the fiscal year. - FY2019First statedAnnual report
「Regarding the Company's cross-shareholdings, the Company has a policy of selling them to the fullest extent possible. After regularly verifying and deliberating on the purpose of holding them, their effectiveness and their economic rationale at meetings of the Board of Directors, the Company makes its decisions.」
The company stated for the first time its policy of selling cross-shareholdings as far as possible and having the Board of Directors regularly review their holding purpose, effectiveness and economic rationale.