Reducing and disposing of cross-held shares
First written in FY2022. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: 2026-03-27.
- 2026-03-27AdvancedGovernance
「Under the current management plan, we plan to sell ¥70 billion of cross-shareholdings in total. In fiscal 2025, ＮＸグループ sold all shares held in 4 designated investment shares, part of the shares held in 2 designated investment shares and part of 1 deemed-held shareholding, converting ¥22.6 billion into cash. As a result, the cumulative sales of cross-shareholdings during the current management plan period reached ¥50.7 billion. As of the end of December 2025, the number of listed cross-shareholdings was 50 shares held directly and 10 deemed-held shareholdings. (1 shareholding is included in both figures.)」
The reduction of cross-shareholdings is quantified through fiscal 2025 sales of ¥22.6 billion, cumulative sales of ¥50.7 billion during the current management plan period, and the total plan of ¥70 billion. - FY2024AdvancedAnnual report
「Under this policy, in fiscal 2024 the NX Group sold all shares held in four designated investment holdings and one deemed holding, as well as part of the designated investment shares in two issues, generating approximately ¥28.0 billion in cash.」
In fiscal 2024, all shares in five holdings and part of the shares in two holdings were sold, generating approximately ¥28.0 billion in cash. - FY2023AdvancedAnnual report
「Under this policy, in fiscal 2023 the NX Group sold all shares held in 16 designated holdings and part of the shares held in two other holdings, generating approximately ¥25.0 billion in cash.」
In fiscal 2023, all shares in 16 issues and part of the shares in two issues were sold under the policy of reducing cross-held shares, generating approximately ¥25.0 billion in cash. - FY2022First statedAnnual report
「With respect to cross-held shares, our basic policy is to reduce holdings, and as a rule we will not make new acquisitions, including by declining requests to acquire shares for the purpose of securing stable shareholders.」
The basic policy is to reduce cross-held shares. In fiscal 2022, all holdings in 14 issues and part of the holdings in two issues were sold, generating approximately ¥2.5 billion in cash.