Review of the Rationale for Strategic Shareholdings and Their Reduction
First written in FY2020. 5 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the current fiscal year, the holdings whose number of shares decreased comprised 10 unlisted holdings and 2 holdings other than unlisted shares.」
For cross-shareholdings, the company reduced 10 unlisted holdings and 2 listed holdings and recorded total sales proceeds of ¥1,125 million. It discloses the results of its annual Board of Directors reviews and reduction policy. - FY2025AdvancedAnnual report
「During the current fiscal year, the only holding whose number of shares decreased was 1 holding other than unlisted shares.」
For cross-shareholdings, the company sold 1 listed holding and disclosed sales proceeds of ¥358 million. It continues its annual reviews of the strategic significance of holdings and its reduction policy. - FY2024AdvancedAnnual report
「During the fiscal year, the securities whose number of shares decreased consisted of 1 unlisted security and 1 security other than unlisted shares.」
For cross-shareholdings, the company sold 1 unlisted holding for ¥178 million and 1 listed holding for ¥297 million. It continues its annual Board of Directors reviews and its policy of reducing holdings with little strategic significance. - FY2022AdvancedAnnual report
「Meanwhile, under its basic policy of disposing of or reducing cross-shareholdings with little strategic significance as promptly as possible, the company individually verifies all shares currently held by the Board of Directors every year.」
For cross-shareholdings, it reduced 1 unlisted holding and 6 listed holdings during the current fiscal year, disclosing total sales proceeds of ¥79 million. - FY2021AdvancedAnnual report
「The company continues to hold shares whose ownership purpose is deemed appropriate or whose benefits and risks of ownership are commensurate with the cost of capital. For other holdings, it will proceed promptly with sales after considering the share price and market conditions.」
For cross-shareholdings, it discloses that 7 holdings were reduced during the current fiscal year, with sales proceeds of ¥88 million. - FY2020First statedAnnual report
「Under its basic policy of disposing of or reducing cross-shareholdings with little strategic significance as promptly as possible, the company individually verifies all shares currently held by the Board of Directors every year.」
For cross-shareholdings, it newly explicitly states its policy of annual individual reviews by the Board of Directors and disposing of or reducing holdings with little strategic significance.