Review and Reduction of Strategic Shareholdings
First written in FY2019. 4 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「As of 31 March 2025, the Group held 6 listed stocks excluding those of affiliated companies, and following verification by the Board of Directors, decided to continue holding them.」
The decision to verify cross-shareholdings at least once a year and continue holding 6 listed stocks as of 31 March 2025 has been reaffirmed. - FY2024RestatedAnnual report
「As of 31 March 2024, the Group held 6 listed stocks excluding those of affiliated companies, and following verification by the Board of Directors, decided to continue holding them.」
The decision to verify cross-shareholdings at least once a year and continue holding 6 listed stocks as of 31 March 2024 has been reaffirmed. - FY2022RestatedAnnual report
「The Board of Directors has a policy of verifying the appropriateness of holding each cross-shareholding by ascertaining at least once a year the status of transactions with the Group and the management status of the investee company, based on whether the holding is deemed to contribute to the enhancement of the Company's medium- to long-term corporate value from the comprehensive perspectives of maintaining and strengthening business relationships with business partners and business strategy. For shares deemed to have little significance, the Company seeks to reduce its holdings after taking into account market conditions and other factors.」
The policy of verifying cross-shareholdings at least once a year and reducing holdings deemed to have little significance, together with the decision to continue holding 6 listed stocks as of 31 March 2022, has been reaffirmed. - FY2020RestatedAnnual report
「The Board of Directors has a policy of verifying the appropriateness of holding each cross-shareholding by ascertaining at least once a year the status of transactions with the Group and the management status of the investee company, based on whether the holding is deemed to contribute to the enhancement of the Company's medium- to long-term corporate value from the comprehensive perspectives of maintaining and strengthening business relationships with business partners and business strategy. For shares deemed to have little significance, the Company seeks to reduce its holdings after taking into account market conditions and other factors.」
The policy of verifying cross-shareholdings at least once a year and reducing holdings deemed to have little significance has been reaffirmed. The Company states that, as of 31 March 2020, it continued to hold 6 listed stocks. - FY2019First statedAnnual report
「The Board of Directors has a policy of verifying the appropriateness of holding each cross-shareholding by ascertaining at least once a year the status of transactions with the Group and the management status of the investee company, based on whether the holding is deemed to contribute to the enhancement of the Company's medium- to long-term corporate value from the comprehensive perspectives of maintaining and strengthening business relationships with business partners and business strategy. For shares deemed to have little significance, the Company seeks to reduce its holdings after taking into account market conditions and other factors.」
For cross-shareholdings, the policy of having the Board of Directors verify at least once a year the appropriateness of holdings based on transaction status and the investee's management status, and reduce holdings deemed to have little significance, is described for the first time.