Rationale Review of Strategic Shareholdings Held to Maintain Business Relationships
First written in FY2021. 2 of 4 entries say "Advanced", first in FY2023. Latest entry: 2026-05-28.
- 2026-05-28AdvancedTimely disclosure
「The purpose is to improve asset efficiency and strengthen the management base by reducing cross-shareholdings and strengthening the financial position in accordance with the Corporate Governance Code.」
Regarding cross-shareholdings, the Company has moved from disclosing its holding policy and rationality reviews to actually selling four listed securities and reducing its holdings. - FY2024RestatedAnnual report
「Regarding the significance of the holdings, the Company confirmed that all issues held as of the end of February 2024 met the above holding policy and that the holdings had a rational basis.」
The Company disclosed that it reviewed all strategic shareholdings as of the end of February 2024 and confirmed that they met its holding policy and had a rational basis. - FY2023AdvancedAnnual report
「Regarding the significance of the holdings, the Company confirmed that all issues held as of the end of February 2023 met the above holding policy and that the holdings had a rational basis.」
The Company disclosed that it reviewed all strategic shareholdings as of the end of February 2023 and confirmed that they met its holding policy and had a rational basis. - FY2021First statedAnnual report
「The Company maintains such strategic shareholdings when it reasonably determines that doing so will enhance corporate value as a result of maintaining and expanding good, medium- to long-term relationships with business partners and maintaining stable, ongoing financial relationships, among other purposes.」
The Company has disclosed for the first time its policy on strategic shareholdings held to maintain relationships with business partners and financial institutions, including an annual review of each holding and a policy of selling holdings that lack a rational basis.