Reviewing the Rationale for and Reducing Cross-Shareholdings
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The rationale for holding each shareholding is reviewed annually by the Board of Directors, taking into account benefits associated with holding the shares, impairment risk, share price volatility and other factors. Shares deemed necessary to stabilize or strengthen business relationships and for other purposes will be retained, while holdings whose significance is deemed to have diminished will be reduced.」
For cross-shareholdings, the Company continues its annual review of each holding by the Board of Directors and its policy of reducing holdings when the rationale for holding them diminishes. - FY2024First statedAnnual report
「The rationale for holding each shareholding is reviewed annually by the Board of Directors, taking into account benefits associated with holding the shares, impairment risk, share price volatility and other factors. Shares deemed necessary to stabilize or strengthen business relationships and for other purposes will be retained, while holdings whose significance is deemed to have diminished will be reduced.」
For shares held for purposes other than pure investment to maintain business relationships, the Company newly specified an annual review by the Board of Directors and a policy of reducing holdings when the rationale for holding them diminishes.