Reviewing the Rationale for Cross-Shareholdings and Policy of Reducing Them
First written in FY2020. 4 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026-H1.
- FY2026-H1AdvancedAnnual report
「This resulted from the sale of a portion of the investment securities held by the company, consisting of one listed stock.」
In connection with its policy of reducing cross-shareholdings, the Company sold 1 listed shareholding and recorded a gain on the sale of investment securities of ¥555 million and sale proceeds of ¥591 million. - 2026-06-04AdvancedEarnings
「This resulted from the sale of a portion of the investment securities held by the company, consisting of one listed stock.」
The company reported the sale of one listed stock in connection with its policy of verifying the rationale for and reducing its cross-shareholdings. - FY2025AdvancedAnnual report
「Shares other than unlisted shares 1 624」
During the fiscal year, the Company sold 1 cross-shareholding and recorded total sale proceeds of ¥624 million. This is described as an actual result under its policy of reducing holdings for which no rationale is recognized. - FY2022RestatedAnnual report
「Based on this policy, the Board of Directors conducts an annual comprehensive review of the rationale for continuing to hold each investment and of such matters as maintaining and strengthening relationships with the investee companies.」
The Company reiterates its policy of continuously monitoring transaction status, financial position and operating results for cross-shareholdings and conducting an annual review of their rationale. - FY2021AdvancedAnnual report
「Based on this policy, the Board of Directors conducts an annual comprehensive review of the rationale for continuing to hold each investment and of such matters as maintaining and strengthening relationships with the investee companies.」
The Company states that it conducts an annual review of the rationale for cross-shareholdings and sold 2 listed investment securities during the fiscal year. - FY2020First statedAnnual report
「The Company has a policy of holding shares of business partners when, after comprehensively considering its business strategy and relationships with those partners, it determines that the holdings will contribute to sustainable growth and the enhancement of corporate value over the medium to long term. It also has a policy of reducing holdings for which such rationale is not recognized.」
The Company describes its policy of holding cross-shareholdings based on business relationships and reducing holdings for which no rationale is recognized, as well as its annual review process.