Determining Whether to Continue Holding Strategically Held Shares and Reduce Them
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「Once a year, the Board of Directors individually reviews the necessity and economic rationale of holding each cross-shareholding from a medium-term perspective, considering the related income and the maintenance and strengthening of business relationships with the investee companies, and individually determines whether to continue holding the shares.」
The policy of conducting an annual review of cross-shareholdings, considering reductions and not preventing an intention to sell was reaffirmed. No applicable holdings exist for the current fiscal year. - FY2021First statedAnnual report
「Once a year, the Board of Directors individually reviews the necessity and economic rationale of holding each cross-shareholding from a medium-term perspective, considering the related income and the maintenance and strengthening of business relationships with the investee companies, and individually determines whether to continue holding the shares.」
For cross-shareholdings, the policy of having the Board of Directors review necessity and economic rationale once a year and consider reducing holdings if their rationale declines was set out in detail for the first time.