Verifying the Rationale for Strategic Shareholdings and Reducing Holdings with Limited Significance
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY20261 holding acquired and 1 holding soldAnnual report
「Shares other than unlisted shares 1 197 The company newly acquired the shares to strengthen its business relationship.」
With respect to cross-shareholdings, the company acquired 1 holding for ¥197 million to strengthen its business relationship, while selling 1 unlisted holding and 1 listed holding. - FY2023AdvancedAnnual report
「(Holdings for which the number of shares decreased during the fiscal year) Shares other than unlisted shares 2 742」
With respect to cross-shareholdings, the company sold 2 holdings other than unlisted shareholdings during the fiscal year and recorded proceeds of ¥742 million. - FY2022AdvancedAnnual report
「(Holdings for which the number of shares decreased during the fiscal year) Shares other than unlisted shares 1 25」
With respect to cross-shareholdings, the company sold 1 holding other than an unlisted shareholding during the fiscal year and recorded proceeds of ¥25 million. - FY2021RestatedAnnual report
「For major cross-shareholdings, the company will verify the medium- to long-term economic rationale for holding them and the benefits of holding them from the perspective of maintaining and strengthening its overall relationships with business partners, and will report the results to the Board of Directors. Holdings deemed to have insufficient significance will be reduced.」
The company continues to review the rationale for cross-shareholdings and pursue its policy of reducing holdings with limited significance. There were no holdings with changes in the number of shares during the fiscal year. - FY2020First statedAnnual report
「For major cross-shareholdings, the company will verify the medium- to long-term economic rationale for holding them and the benefits of holding them from the perspective of maintaining and strengthening its overall relationships with business partners, and will report the results to the Board of Directors. Holdings deemed to have insufficient significance will be reduced.」
The company has, for the first time, explicitly stated its policy of reviewing the economic rationale, business relationships and benefits of cross-shareholdings, and reducing holdings with insufficient significance.