Continued Reduction in the Overall Scale of Strategic Shareholdings
First written in FY2024. 4 of 8 entries say "Restated". Latest entry: 2026-06-19.
- 2026-06-19RestatedGovernance
「With respect to cross-shareholdings, the Company intends to continuously reduce their overall scale. Once a year, the Board of Directors individually examines their medium- to long-term economic rationality and future prospects from the perspectives of the investee’s business performance, cost of capital and other factors.」
The policy of continuously reducing cross-shareholdings and the Board of Directors’ annual review policy were reiterated. - FY2026RaisedAnnual report
「Under "Yusho 2034," the Company aims to reduce the balance-sheet carrying amount of its cross-shareholdings by at least 30% by fiscal 2031, compared with the end of fiscal 2024.」
Regarding its policy of reducing cross-shareholdings, the Company newly presented a target with a quantified reduction and deadline: a reduction of at least 30% by fiscal 2031 compared with the end of fiscal 2024. In fiscal 2025, it sold 8 holdings for ¥46.255 billion. - FY2025AdvancedAnnual report
「Based on its policy of continuously reducing the overall scale of its cross-shareholdings, the Company sold part of the cross-shareholdings it held.」
Based on its policy of reducing cross-shareholdings, the Company sold 7 holdings during the fiscal year under review for ¥20.964 billion, and also made sales in the following fiscal year that are expected to generate approximately ¥22.116 billion in gains on sale. - FY2024First statedAnnual report
「With a policy of continuously reducing the overall scale of the cross-shareholdings held by the Company, we will individually examine their medium- to long-term economic rationale and future prospects from the perspectives of the relevant company's business performance, cost of capital and other factors.」
For cross-shareholdings, the Company for the first time explicitly stated its policy of continuously reducing their overall scale after assessing the economic rationale and cost of capital for each holding.