Reviewing the Purpose of Investment Shareholdings and Making Flexible Disposals
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Company will have its Corporate Planning Division review as appropriate whether to increase or dispose of such shareholdings, from the perspectives of whether holding the shares benefits the Company and whether there are other effective uses of funds, report to the Representative Director and President, and have the Representative Director and President refer the matter to the Board of Directors as necessary.」
The company continues to review the rationale for holding investment shares and the feasibility of using the funds for alternative purposes, and plans to submit any necessary disposals to the Board of Directors. - 2026-03-24AdvancedOccurring Fact
「To improve the efficiency of its assets and strengthen its financial position.」
The company resolved to establish a sale period from 1 April 2026 through the end of March 2027 for part of its investment securities, with an expected gain on sale of ¥848 million if the entire sale allocation is sold. It also stated that the sale allocation disclosed previously had not been used and that no gain on sale had been recognized. - FY2023RestatedAnnual report
「The Company will have its Corporate Planning Division review as appropriate whether to increase or dispose of such shareholdings, from the perspectives of whether holding the shares benefits the Company and whether there are other effective uses of funds, report to the Representative Director and President, and have the Representative Director and President refer the matter to the Board of Directors as necessary.」
The Company reconfirms its policy of reviewing the purpose of investment shareholdings and determining whether to increase or dispose of them through the Corporate Planning Division, the Representative Director and President, and the Board of Directors. - FY2021First statedAnnual report
「The Company's basic policy is to hold shares for purposes other than pure investment only after examining the rationality of the purpose of holding them, such as business alliances, maintaining and strengthening business relationships, and stabilizing the shareholder base.」
For shares held for purposes other than pure investment, the Company for the first time sets out as a standalone policy its approach of reviewing the rationality of the holding purpose, the availability of alternative uses of funds, and its voting policy. It also states that shares held for pure investment purposes will be disposed of promptly when capital gains are expected, taking dividend forecasts and other factors into account.