Rationale Assessment and Reduction Policy for Strategic Shareholdings
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「Investments held for purposes other than pure investment: There are no applicable matters.」
The company has continued to disclose that it holds no investment shares for purposes other than pure investment following the sale of strategic shareholdings under its policy of reducing such holdings. - FY2022AdvancedAnnual report
「During the current fiscal year, based on the review conducted by the board of directors, the company sold all shares held in 4 listed issues other than unlisted shares.」
Based on its review of the rationale for strategic shareholdings, the company implemented a specific reduction by selling all shares in 4 issues other than unlisted shares. - FY2021RestatedAnnual report
「For each stockholding, the company’s board of directors and management meetings consider the rationale for continued ownership, taking into account the benefits and risks associated with the holding and the maintenance of medium- to long-term relationships. Based on the results of these reviews, the company either continues to hold the shares or reduces its holdings.」
The company continues its policy of reviewing the rationale for strategic shareholdings based on their benefits, risks and the maintenance of medium- to long-term relationships, and reducing holdings as necessary. - FY2020RestatedAnnual report
「For each stockholding, the company’s board of directors and management meetings consider the rationale for continued ownership, taking into account the benefits and risks associated with the holding and the maintenance of medium- to long-term relationships. Based on the results of these reviews, the company either continues to hold the shares or reduces its holdings.」
The company continues its policy of reviewing the rationale for strategic shareholdings based on their benefits, risks and the maintenance of medium- to long-term relationships, and reducing holdings as necessary. - FY2019First statedAnnual report
「For each stockholding, the company’s board of directors and management meetings consider the rationale for continued ownership, taking into account the benefits and risks associated with the holding and the maintenance of medium- to long-term relationships. Based on the results of these reviews, the company either continues to hold the shares or reduces its holdings. If, in light of future changes in circumstances, the company determines that continued ownership is no longer appropriate, it will review the holding, including by reducing it.」
The company’s policy of reviewing the rationale for strategic shareholdings based on their benefits, risks and the maintenance of medium- to long-term relationships, and reducing holdings as necessary, can be confirmed for the first time.