Policy of Generally Not Holding Cross-Shareholdings and Annual Review of Whether to Retain Them
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2023: 3 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「To enhance corporate value, the Company generally does not hold cross-shareholdings, except where maintaining and developing strategically important collaborative or business relationships is deemed appropriate. It plans to sell shares whose holding has become less meaningful, taking into account the circumstances of the relevant company and market conditions. Each year, the Board of Directors reviews the purpose and significance of each individual holding and determines whether it remains appropriate to hold it.」
The Company continues its policy of generally not holding cross-shareholdings and annually reviewing the purpose and significance of its holdings at Board of Directors meetings. - FY2020RestatedAnnual report
「Each year, the Board of Directors reviews the purpose and significance of each individual holding and determines whether it remains appropriate to hold it.」
The Company continues its policy of generally not holding cross-shareholdings and reviewing the appropriateness of holdings annually at Board of Directors meetings. - FY2019First statedAnnual report
「To enhance corporate value, the Company generally does not hold cross-shareholdings, except where maintaining and developing strategically important collaborative or business relationships is deemed appropriate. It plans to sell shares whose holding has become less meaningful, taking into account the circumstances of the relevant company and market conditions. Each year, the Board of Directors reviews the purpose and significance of each individual holding and determines whether it remains appropriate to hold it.」
The Company disclosed a policy of generally not holding cross-shareholdings except for strategic collaborative and business relationships, annual reviews by the Board of Directors, and a policy of selling shares whose holding has become less meaningful.