Periodic review and reduction of cross-shareholdings
First written in FY2019. 5 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: non-listed equities, 1 issue; equities other than non-listed equities, 6 issues; total sale value related to the decrease in the number of shares: ¥39 million」
Under its policy of regularly reviewing and reducing cross-shareholdings, the Company sold 1 non-listed equity and 6 equities other than non-listed equities. - FY2024AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: equities other than non-listed equities, 5 issues; total sale value related to the decrease in the number of shares: ¥27 million」
Under its policy of regularly reviewing and reducing cross-shareholdings, the Company sold 5 issues other than non-listed equities during the fiscal year. - FY2023AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: equities other than non-listed equities, 2 issues; total sale value related to the decrease in the number of shares: ¥4 million」
Under its policy of regularly reviewing and reducing cross-shareholdings, the Company sold 2 issues other than non-listed equities during the fiscal year. - FY2022AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: equities other than non-listed equities, 3 issues; total sale value related to the decrease in the number of shares: ¥9 million」
Under its policy of regularly reviewing and reducing cross-shareholdings, the Company sold 3 issues other than non-listed equities during the fiscal year. - FY2020AdvancedAnnual report
「The Company regularly reviews individual cross-shareholdings at Board of Directors meetings from quantitative perspectives, including dividend yield, as well as in terms of the purpose of ownership. Its policy is to progressively reduce holdings that it determines have diminished significance and no longer need to be held.」
The Company continued its policy of regularly reviewing and reducing cross-shareholdings, and during the fiscal year sold 1 non-listed-equity holding for ¥8 million. - FY2019First statedAnnual report
「The Company regularly reviews individual cross-shareholdings at Board of Directors meetings from quantitative perspectives, including dividend yield, as well as in terms of the purpose of ownership. Its policy is to progressively reduce holdings that it determines have diminished significance and no longer need to be held.」
The Company disclosed for the first time its policy of regularly reviewing cross-shareholdings at Board of Directors meetings and progressively reducing holdings whose significance has diminished.