Minimum Necessary Holdings of Cross-Shareholdings and Regular Verification
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The Company reports regularly to the Board of Directors and verifies the appropriateness of continuing to hold each investment. Regarding the exercise of voting rights attached to cross-shareholdings, each proposal submitted to the General Meeting of Shareholders is considered individually from three perspectives: whether corporate governance is functioning, whether the proposal contributes to maintaining and enhancing corporate value, and whether it takes shareholder returns into consideration.」
The Company continues to consider the exercise of voting rights based on three perspectives: governance, corporate value and shareholder returns. - FY2022RestatedAnnual report
「The Company reports regularly to the Board of Directors and verifies the appropriateness of continuing to hold each investment. Regarding the exercise of voting rights attached to cross-shareholdings, each proposal submitted to the General Meeting of Shareholders is considered individually from three perspectives: whether corporate governance is functioning, whether the proposal contributes to maintaining and enhancing corporate value, and whether it takes shareholder returns into consideration.」
The Company continues to conduct regular verification of cross-shareholdings and individually consider the exercise of voting rights based on three perspectives. - FY2020RestatedAnnual report
「The Company reports regularly to the Board of Directors and verifies the appropriateness of continuing to hold each investment. Regarding the exercise of voting rights attached to cross-shareholdings, each proposal submitted to the General Meeting of Shareholders is considered individually from three perspectives: whether corporate governance is functioning, whether the proposal contributes to maintaining and enhancing corporate value, and whether it takes shareholder returns into consideration.」
The policy of maintaining only the minimum necessary cross-shareholdings, conducting regular verification by the Board of Directors, and considering the exercise of voting rights from three perspectives continues to be stated. - FY2019First statedAnnual report
「The Company reports regularly to the Board of Directors and verifies the appropriateness of continuing to hold each investment. Regarding the exercise of voting rights attached to cross-shareholdings, each proposal submitted to the General Meeting of Shareholders is considered individually from three perspectives: whether corporate governance is functioning, whether the proposal contributes to maintaining and enhancing corporate value, and whether it takes shareholder returns into consideration.」
For cross-shareholdings, the Company has stated for the first time its policy of regularly verifying the appropriateness of continued holdings at Board of Directors meetings and considering the exercise of voting rights individually from three perspectives: governance, corporate value and shareholder returns.