Policy on Strategic Shareholdings and the Exercise of Voting Rights
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「For FY2026, following a review by the Board of Directors at its meeting in May 2026, the Company confirmed that holding all of the shares remained appropriate.」
The Company reviewed its cross-shareholdings in light of Management Vision 2035, ROIC, ROE and other factors, and confirmed that holding all of the shares remained appropriate. - FY2019RestatedAnnual report
「Each year, the Board of Directors conducts a detailed review of these shares, including their holding purpose, economic rationale and future outlook, to assess whether they should continue to be held. Following a review by the Board of Directors at its meeting in May 2019, the Company confirmed that holding all of the shares remained appropriate.」
The Board of Directors conducts an annual review of cross-shareholdings and confirmed in May 2019 that holding all of the shares remained appropriate. - FY2018RestatedAnnual report
「We may hold shares in companies that we determine are necessary for the stable development of the electric power business, including those that contribute to smooth financing and business operations.」
The policy of holding cross-shareholdings for purposes including facilitating financing and business operations remains in place. - FY2017First statedAnnual report
「We may hold shares in companies that we determine are necessary for the stable development of the electric power business, including those that contribute to smooth financing and business operations.」
The stated purpose of holding cross-shareholdings is to facilitate financing and business operations. In exercising voting rights, the policy is to consider improvements in corporate value and consistency with our own interests.