Review and Reduction of Cross-Shareholdings
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Board of Directors will scrutinize the profitability of cross-shareholdings, taking into account the significance of acquiring and holding them, the cost of capital and other factors, and will periodically verify their appropriateness. Based on the results of these reviews, the policy is to sell shares whose significance as holdings has diminished in succession and reduce the holdings.」
The policy of having the Board of Directors periodically review the significance and profitability of cross-shareholdings and sell and reduce holdings whose significance has diminished continues. - FY2024RestatedAnnual report
「The Board of Directors will scrutinize the profitability of cross-shareholdings, taking into account the significance of acquiring and holding them, the cost of capital and other factors, and will periodically verify their appropriateness. Based on the results of these reviews, the policy is to sell shares whose significance as holdings has diminished in succession and reduce the holdings.」
The policy of having the Board of Directors periodically review the significance and profitability of cross-shareholdings and sell and reduce holdings whose significance has diminished continues. - FY2020First statedAnnual report
「The Board of Directors will scrutinize the profitability of cross-shareholdings, taking into account the significance of acquiring and holding them, the cost of capital and other factors, and will periodically verify their appropriateness. Based on the results of these reviews, the policy is to sell shares whose significance as holdings has diminished in succession and reduce the holdings.」
It is stated for the first time that the Board of Directors will periodically verify the appropriateness of cross-shareholdings and sell and reduce holdings whose significance has diminished.