Reduction of Strategic Shareholdings and Verification of Holding Benefits
First written in FY2020. 3 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Our policy regarding the reduction of shares in listed companies held by the Company was confirmed at the Board of Directors meeting held on 21 January 2026, and we have been considering the reduction of some holdings.」
At the January 2026 Board of Directors meeting, we reconfirmed the reduction policy and specified a policy of reviewing and considering, in principle, reductions across all holdings. We have actually sold 2 holdings. - FY2025RestatedAnnual report
「Our policy regarding the reduction of shares in listed companies held by the Company was confirmed at the Board of Directors meeting held on 15 January 2025, and we have been considering the reduction of some holdings.」
At the January 2025 Board of Directors meeting, we again confirmed the policy of limiting cross-shareholdings to the minimum necessary, verifying their holding benefits, and considering reductions. - FY2024RestatedAnnual report
「Our policy regarding the reduction of shares in listed companies held by the Company was confirmed at the Board of Directors meeting held on 17 January 2024, and we have been considering the reduction of some holdings.」
At the January 2024 Board of Directors meeting, we again confirmed the policy of limiting cross-shareholdings to the minimum necessary, verifying their holding benefits, and considering reductions. - FY2022AdvancedAnnual report
「Our policy regarding the reduction of shares in listed companies held by the Company was confirmed at the Board of Directors meeting held on 25 February 2022, and we have been considering and implementing the reduction of some holdings.」
At the Board of Directors meeting held on 25 February 2022, we confirmed the policy of reducing cross-shareholdings and considered and implemented the reduction of some holdings. - FY2021AdvancedAnnual report
「Our policy regarding the reduction of shares in listed companies held by the Company was confirmed at the Board of Directors meeting held on 18 February 2021.」
At the February 2021 Board of Directors meeting, we confirmed the policy of limiting cross-shareholdings to the minimum necessary and verifying their holding benefits, as well as the policy of reducing them. - FY2020First statedAnnual report
「As a basic policy for holding shares in listed companies, we will hold only the minimum necessary shares that serve the purposes described above. We will continuously verify their contribution to enhancing corporate value.」
We specified a policy of limiting cross-shareholdings to the minimum necessary, verifying the benefits of holding them, including by comparing them with the cost of capital, and considering the sale of holdings with limited significance.