Twice-yearly reviews of whether strategic shareholdings should be retained
First written in FY2020. 2 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY2026RestatedAnnual report
「For these holdings, the Board of Directors reviews the purpose of holding each issue, the benefits and risks associated with holding it, and other matters twice a year, and determines whether continued ownership is appropriate.」
The company continues twice-yearly Board of Directors reviews of policy-held shares and its policy of reducing the balance. During the fiscal year, it sold 1 unlisted shareholding. - FY2025RestatedAnnual report
「For these holdings, the Board of Directors reviews the purpose of holding each issue, the benefits and risks associated with holding it, and other matters twice a year, and determines whether continued ownership is appropriate.」
The company continues twice-yearly Board of Directors reviews of policy-held shares and its policy of reducing the balance. During the fiscal year, it sold 1 unlisted shareholding. - FY2024AdvancedAnnual report
「For these holdings, the Board of Directors reviews the purpose of holding each issue, the benefits and risks associated with holding it, and other matters twice a year, and determines whether continued ownership is appropriate.」
The company continues its policy of reducing the balance of policy-held shares and conducting reviews twice a year, and sold 1 unlisted shareholding during the fiscal year. - FY2022AdvancedAnnual report
「For investment shares held for policy investment purposes, we review the significance and economic rationale of the holdings from the perspectives of growth potential, profitability and strengthening business relationships. If the holdings are not deemed appropriate, we will proceed with their sale after obtaining sufficient understanding from the business partner.」
Regarding the policy of reducing the balance of policy-held shares, the company disclosed that it sold 2 unlisted shareholdings during the fiscal year and that the Board of Directors conducts reviews twice a year. - FY2021ReframedAnnual report
「As a basic policy, after sufficient dialogue with business partners, we will reduce the balance of investment shares held for policy investment purposes, from the perspectives of controlling shareholding risks, improving capital efficiency and responding to international financial regulations, among others.」
In addition to the existing twice-yearly reviews of the appropriateness of holdings, the company has explicitly stated a basic policy of reducing the balance of policy-held shares. - FY2020First statedAnnual report
「For these holdings, the Board of Directors reviews the purpose of holding each issue, the benefits and risks associated with holding it, and other matters twice a year, and determines whether continued ownership is appropriate.」
The company states that the Board of Directors reviews the purpose, benefits and risks of each policy-held shareholding twice a year and determines whether continued ownership is appropriate.