Reviewing the Rationale for Strategic Shareholdings and Considering Reductions
First written in FY2019. 3 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026Increase in acquisitions and partial sales of cross-shareholdingsAnnual report
「Shares other than unlisted shares 4 154,099 Maintaining and strengthening business relationships」
The company acquired 4 listed shares for ¥154 million to maintain and strengthen business relationships. Meanwhile, it sold 1 unlisted share for ¥6.52 million. - FY2025AdvancedAnnual report
「Shares other than unlisted shares 2 152,078」
In line with its policy of reducing cross-shareholdings, the company sold 2 shares other than unlisted shares and recorded total sale proceeds of ¥152.078 million. - FY2023RestatedAnnual report
「For each individual holding, the company conducts an annual review of whether ownership remains appropriate by reassessing the rationale for holding the shares in light of its relationship with the company, including business transactions and contributions to the local community, and by closely examining whether the benefits and risks associated with the holding are commensurate with the cost of capital.」
The company continues to review the rationale, benefits and risks of each cross-shareholding and intends to dispose of or reduce holdings that do not align with its policy. - FY2022AdvancedAnnual report
「Shares other than unlisted shares 3 62,002 」
During the fiscal year, the company sold 3 cross-shareholdings and recorded total sale proceeds of ¥62.002 million. This discloses the concrete implementation of its policy of selling shares whose rationale for ownership has weakened. - FY2021RestatedAnnual report
「For each individual holding, the company conducts an annual review of whether ownership remains appropriate by reassessing the rationale for holding the shares in light of its relationship with the company, including business transactions and contributions to the local community, and by closely examining whether the benefits and risks associated with the holding are commensurate with the cost of capital.」
The company continues its policy of annually reviewing the rationale, benefits and risks of each cross-shareholding and selling shares whose rationale for ownership has weakened. - FY2020RestatedAnnual report
「For each individual holding, the company conducts an annual review of whether ownership remains appropriate by reassessing the rationale for holding the shares in light of its relationship with the company, including business transactions and contributions to the local community, and by closely examining whether the benefits and risks associated with the holding are commensurate with the cost of capital.」
The company continues its policy of annually reviewing the rationale, benefits and risks of each cross-shareholding and selling shares whose rationale for ownership is weak. - FY2019First statedAnnual report
「The company will consider disposing of or reducing holdings of shares whose rationale for ownership is considered weak.」
The company disclosed for the first time its policy of reviewing each cross-shareholding held to maintain cooperative relationships with business partners, taking into account its benefits and risks, and considering the disposal or reduction of holdings whose rationale is weak.