Annual Review of Policy-Held Shares and Reassessment of Holdings
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「For each individual cross-held shareholding, the Board of Directors verifies its economic rationale and future outlook from a medium- to long-term perspective, taking into account returns and risks, and annually reviews the purpose and rationale of holding the shares, as well as whether continued ownership is appropriate, reflecting the results of that verification. If continued ownership is not deemed appropriate, the company will review the holding.」
The company continues to review its cross-held shares annually and to review holdings that are not deemed appropriate. - FY2024AdvancedAnnual report
「The company has entered into a capital and business alliance with the other company to create mutual business synergies. The number of shares held has increased to strengthen the relationship.」
In connection with the strengthening of the capital and business alliance with SCAT株式会社, the number of shares held increased from 82,500 to 147,500, and the amount recorded on the balance sheet increased from ¥38.610 million to ¥71.832 million. - FY2023RestatedAnnual report
「For each individual cross-held shareholding, the Board of Directors verifies its economic rationale and future outlook from a medium- to long-term perspective, taking into account returns and risks, and annually reviews the purpose and rationale of holding the shares, as well as whether continued ownership is appropriate, reflecting the results of that verification. If continued ownership is not deemed appropriate, the company will review the holding.」
The company continues to review its cross-held shares annually and to review holdings that are not deemed appropriate. - FY2022RestatedAnnual report
「For each individual cross-held shareholding, the Board of Directors verifies its economic rationale and future outlook from a medium- to long-term perspective, taking into account returns and risks, and annually reviews the purpose and rationale of holding the shares, as well as whether continued ownership is appropriate, reflecting the results of that verification. If continued ownership is not deemed appropriate, the company will review the holding.」
The company continues to review its cross-held shares annually and to review holdings that are not deemed appropriate. - FY2021First statedAnnual report
「For each individual cross-held shareholding, the Board of Directors verifies its economic rationale and future outlook from a medium- to long-term perspective, taking into account returns and risks, and annually reviews the purpose and rationale of holding the shares, as well as whether continued ownership is appropriate, reflecting the results of that verification. If continued ownership is not deemed appropriate, the company will review the holding.」
The company has disclosed for the first time a policy under which the Board of Directors annually reviews the economic rationale, future outlook and appropriateness of continued ownership of cross-held shares, and reviews the holdings if they are not deemed appropriate.