Reduction of Strategic Shareholdings and Review of Their Rationale
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year」
The number of shares held decreased for 1 unlisted shareholding and 2 shareholdings other than unlisted shares. In addition, all shares of AEON MALL were transferred through a share exchange, and the disclosure described changes in holdings consistent with the policy of selling and reducing holdings whose significance has diminished. - FY2025AdvancedAnnual report
「Our basic policy for investments other than those held for pure investment purposes is to take a medium- to long-term perspective aimed at enhancing corporate value, comprehensively assess holdings based on their strategic importance and the need to strengthen relationships with business partners, and reduce cross-shareholdings by selling holdings as appropriate when their significance is deemed to have diminished.」
Continued the policy of reducing cross-shareholdings and verifying their holding significance, and sold 1 listed shareholding during the fiscal year, recording ¥239 million in proceeds and ¥197 million in gain on sale. - FY2024RestatedAnnual report
「Our basic policy when making investments for purposes other than pure investment is to reduce cross-shareholdings by comprehensively considering the securities held from a medium- to long-term perspective aimed at enhancing corporate value, taking into account their strategic importance to the business and the strengthening of relationships with business partners, and proceeding with the sale, as appropriate, of securities deemed to have diminished holding significance. In addition, once a year, our Board of Directors receives a report on the status and purpose of holdings of listed shares held as cross-shareholdings and their profitability based on factors including the cost of capital, confirms the holding policy and verifies the significance of the holdings.」
Continued the policy of reducing cross-shareholdings and having the Board of Directors verify their significance and profitability once a year. - FY2023RestatedAnnual report
「Once a year, our Board of Directors receives a report on the status and purpose of listed shares held as cross-shareholdings and their profitability based on factors including the cost of capital, confirms the holding policy and verifies the significance of the holdings.」
Continued the policy of reducing cross-shareholdings and having the Board of Directors verify their significance and profitability once a year. - FY2020RestatedAnnual report
「Our basic policy for investments other than those held for pure investment purposes is to take a medium- to long-term perspective aimed at enhancing corporate value, comprehensively assess holdings based on their strategic importance and the need to strengthen relationships with business partners, and reduce cross-shareholdings by selling holdings as appropriate when their significance is deemed to have diminished.」
Continued the policy of selling and reducing cross-shareholdings whose holding significance has diminished, and having the Board of Directors verify the significance of the holdings. - FY2019First statedAnnual report
「Our basic policy when making investments for purposes other than pure investment is to reduce cross-shareholdings by comprehensively considering the securities held from a medium- to long-term perspective aimed at enhancing corporate value, taking into account their strategic importance to the business and the strengthening of relationships with business partners, and proceeding with the sale, as appropriate, of securities deemed to have diminished holding significance. In addition, once a year, our Board of Directors receives a report on the status and purpose of holdings of listed shares held as cross-shareholdings and their profitability based on factors including the cost of capital, confirms the holding policy and verifies the significance of the holdings.」
For the first time, disclosed a policy of selling and reducing cross-shareholdings whose holding significance has diminished, and of having the Board of Directors verify the significance and profitability of the holdings once a year.