Reviewing the Rationale for Cross-Shareholdings and the Policy of Reducing Them
First written in FY2021. 2 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company determined, based on its review, that continued ownership of its policy-held shares as of the end of March 2025 was appropriate.」
The Company reconfirmed its annual review of each policy-held share and its decisions on continued ownership. - FY2024AdvancedAnnual report
「The Company determined, based on its review, that continued ownership of its policy-held shares as of the end of March 2024 was appropriate.」
The Company continued its annual Board of Directors review and held 43 unlisted and 19 listed issues as of the end of March 2024. Listed holdings decreased by 3 issues and increased by 1 issue. - FY2022AdvancedAnnual report
「For listed shares, the Company annually reviews the significance of its holdings at Board of Directors meetings for each individual issue, considering qualitative factors related to long-term business and financial strategies and quantitative factors such as dividend income and other economic rationality. As a basic policy, if the review finds no significance in holding a share, the Company will reconsider the holding, including reducing it, while taking market conditions and other factors into account. The Company determined that continued ownership of its policy-held shares as of the end of March 2022 was appropriate based on the review.」
The Company conducted its annual Board of Directors review of policy-held shares and determined that continued ownership of the holdings as of the end of March 2022 was appropriate. - FY2021First statedAnnual report
「For listed shares, the Company annually reviews the significance of its holdings at Board of Directors meetings for each individual issue, considering qualitative factors related to long-term business and financial strategies and quantitative factors such as dividend income and other economic rationality. As a basic policy, if the review finds no significance in holding a share, the Company will reconsider the holding, including reducing it, while taking market conditions and other factors into account.」
The Company reviews its policy-held shares annually at Board of Directors meetings and has stated a policy of reducing holdings where there is no significance in retaining them.