Contents of this filing
The Company will continue reducing cross-shareholdings for which no rationale for continued ownership can be established. For holdings that it continues to hold, the Board of Directors will periodically review whether continued ownership is appropriate, and the Company will strive to provide highly transparent disclosures. The cross-shareholding ratio was 19.5% as of the end of April 2026 (estimate). The number of listed holdings was 4 as of the end of March 2026, and the sale proceeds totaled ¥14.9 billion in the fiscal year ending March 2026.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
As a result of reducing its cross-shareholdings, the cross-shareholding ratio was 19.5% as of the end of April 2026, falling below 20%. The Company sold shares, including shares in TOHO, in April 2026.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Policy on cross-shareholdings | The Company will continue reducing cross-shareholdings for which no rationale for continued ownership can be established. For holdings that it continues to hold, the Board of Directors will periodically review whether continued ownership is appropriate, and the Company will strive to provide highly transparent disclosures. The cross-shareholding ratio was 19.5% as of the end of April 2026 (estimate). The number of listed holdings was 4 as of the end of March 2026, and the sale proceeds totaled ¥14.9 billion in the fiscal year ending March 2026. |
| Changes this time | As a result of reducing its cross-shareholdings, the cross-shareholding ratio was 19.5% as of the end of April 2026, falling below 20%. The Company sold shares, including shares in TOHO, in April 2026. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To improve capital efficiency and strengthen corporate governance. This disclosure also reports progress on the capital-efficiency initiatives set out in the Medium-Term Management Plan (2024–2026).