Reviewing the Rationale for Cross-Shareholdings and Selling Shares
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Based on the policy above, we sold 1 strategic shareholding during the fiscal year.」
Based on its policy of reviewing the purpose and rationale of its holdings, the company sold 1 strategic shareholding. - FY2024RestatedAnnual report
「For each security held, we regularly assess the economic rationale for holding it, taking into account the purpose of the holding and the cost of capital, and report the results to the Board of Directors. We will sell any security that we determine no longer has a valid purpose or rationale for being held in a timely and appropriate manner.」
The company has reaffirmed its policy of regularly reviewing the purpose, cost of capital and economic rationale of its strategic shareholdings, and selling them if they lack economic rationale. - FY2020First statedAnnual report
「For each security held, we regularly assess the economic rationale for holding it, taking into account the purpose of the holding and the cost of capital, and report the results to the Board of Directors. We will sell any security that we determine no longer has a valid purpose or rationale for being held in a timely and appropriate manner.」
The company has newly stated a policy of regularly reviewing its strategic shareholdings in light of the purpose of holding them and the cost of capital, and selling them if they lack economic rationale.