Continued holding of cross-shareholdings and voting policy
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「At a Board of Directors meeting held on 28 March 2025, the company reviewed the rationale for holding the shares held in accordance with the above policy. It determined that continued ownership of the holdings was essential to the company’s sustainable growth and decided to continue holding them.」
The Board of Directors’ annual review of the rationale for strategic shareholdings and its decision to continue holding them have been reconfirmed. No holdings increased or decreased during the current fiscal year. - FY2024AdvancedAnnual report
「At a Board of Directors meeting held on 31 March 2023, the company reviewed the rationale for holding the shares held in accordance with the above policy. It determined that continued ownership of the holdings was essential to the company’s sustainable growth and decided to continue holding them.」
The Board of Directors reviewed the rationale for the strategic shareholdings and decided to continue holding them. The company sold 2 issues other than unlisted shares, at a sale price of ¥137 million. - FY2023RestatedAnnual report
「At a Board of Directors meeting held on 25 March 2022, the company reviewed the rationale for holding the shares held in accordance with the above policy. It determined that continued ownership of the holdings was essential to the company’s sustainable growth and decided to continue holding them.」
The Board of Directors’ review of the rationale for strategic shareholdings and its decision to continue holding the shares have been reconfirmed. There were no changes in the number of shares held and no sales during the current fiscal year. - FY2022RestatedAnnual report
「At a Board of Directors meeting held on 26 March 2021, the company reviewed the rationale for holding the shares held in accordance with the above policy. Except for some holdings, it determined that continued ownership was essential to the company’s sustainable growth and decided to continue holding them. As no reasonable basis for holding 1 issue was found, it was sold during the current fiscal year.」
The annual review by the Board of Directors of the rationale for strategic shareholdings and the sale of 1 issue for which no reasonable basis for ownership was found have been reconfirmed. - FY2021AdvancedAnnual report
「At a Board of Directors meeting held on 27 March 2020, the company reviewed the rationale for holding the shares held in accordance with the above policy. Except for some holdings, it determined that continued ownership was essential to the company’s sustainable growth and decided to continue holding them. As no reasonable basis for holding 1 issue was found, it was sold during the current fiscal year.」
The Board of Directors reviewed the rationale for the company’s strategic shareholdings, and 1 issue was sold. In addition, the number of shares held in 2 issues was increased for the purposes of strengthening relationships and contributing to local communities. - FY2019RestatedAnnual report
「Each year, the Board of Directors reviews individual investment holdings, taking into account the credit risk of the issuing company and other factors, to determine whether continued ownership is essential to the company’s sustainable growth. Holdings for which the review finds no reasonable basis for ownership are sold. In exercising voting rights attached to strategic shareholdings, the company respects the business partner’s proposals unless doing so would disregard shareholder interests.」
The annual review of continued ownership of strategic shareholdings, the policy of selling holdings for which no reasonable basis for ownership is found, and the voting policy have been specifically reconfirmed. - FY2017First statedAnnual report
「The company acquires and holds shares of business partners and other companies, primarily at the request of business partners, for the purposes of maintaining and expanding business relationships, gathering information, and stabilizing financing. Once a year, the company reviews its principal investment holdings, taking into account the credit risk of the issuing companies and other factors, to determine whether continued ownership is essential to the company’s sustainable growth.」
The policy of holding strategic shareholdings for the purposes of maintaining and expanding business relationships, gathering information, and stabilizing financing, together with the policy of reviewing continued ownership once a year, is described.