Reviewing the rationale for strategic shareholdings and reducing the number of shares held
First written in FY2019. 3 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
- FY2026Increase in the number of shares held through purchases by the employee stock ownership planAnnual report
「(Issues for which the number of shares increased during the fiscal year) Shares other than unlisted shares 13 45 Through purchases by the employee stock ownership plan」
For strategic shareholdings, the number of shares in 13 listed issues and other issues increased through purchases by the employee stock ownership plan. The policy of reviewing the rationale for holdings and reducing them remains in place. - FY2025Sale of 3 strategic shareholdings and acquisition of 1 issueAnnual report
「(Issues for which the number of shares increased during the fiscal year) Unlisted shares 1 305 For the development and promotion of a new business model (Issues for which the number of shares decreased during the fiscal year) Shares other than unlisted shares 3 22」
For strategic shareholdings, the Company sold 3 listed issues while acquiring 1 unlisted issue for the development and promotion of a new business model. The number of issues held other than unlisted shares was 26. - FY2024MitigatedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Shares other than unlisted shares 21 230」
For strategic shareholdings, the Company sold 21 listed issues during the fiscal year, leaving 29 issues other than unlisted shares held. The disclosure updates the record of reductions based on a review of the rationale for holding the shares. - FY2024-Q1RestatedAnnual report
「・Reduction of strategic shareholdings」
The Company reaffirmed the review and reduction of strategic shareholdings as one of the new initiatives under the 11th Medium-Term Management Plan. - FY2022MitigatedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Shares other than unlisted shares 5 80」
For strategic shareholdings, the Company sold 5 listed issues, reducing the number of issues held from 55 in the previous fiscal year to 49. The disclosure records specific sales transactions in line with the policy of reducing holdings deemed to have insufficient rationale. - FY2020MitigatedAnnual report
「Issues for which the number of shares decreased during the fiscal year Shares other than unlisted shares 1 85 YAMAICHI ELECTRONICS CO.,LTD. — 57,200 All shares sold during the fiscal year」
For strategic shareholdings, the Company sold all shares in 1 listed issue, reducing the number of issues held from 56 in the previous fiscal year to 55. - FY2019First statedAnnual report
「For shares held, the Board of Directors reviews the rationale for holding them each fiscal year, taking into comprehensive consideration the nature of transactions and other factors, as well as medium- to long-term earnings that may be obtained by maintaining and strengthening business relationships. If the Board determines that the rationale for holding them is insufficient, the number of shares held will be reduced at an appropriate time.」
For strategic shareholdings, the Company has stated for the first time that the Board of Directors will review their rationale each fiscal year for the purpose of maintaining and strengthening business relationships, and reduce the holdings where the rationale is insufficient. The Company holds 2 unlisted issues and 56 listed issues.