Shareholdings to strengthen business relationships and collect information
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026Frequency of reviews of cross-shareholdings specifiedAnnual report
「We review the significance of each cross-shareholding on a quarterly basis. Based on the review as of 31 March 2026, we recognize that all of the cross-shareholdings currently held are held for purposes consistent with our holding policy.」
The Company specified quarterly reviews of the significance of cross-shareholdings, in addition to individual-issue reviews by the Board of Directors and the policy of reducing holdings. - FY2023RestatedAnnual report
「The Board of Directors reviews the benefits associated with each holding, including whether the shares are held for purposes consistent with those stated above. The policy is to reduce holdings in issues that have little significance, taking share prices and market trends into consideration.」
Continued individual-issue reviews by the Board of Directors and the policy of reducing holdings that have little significance. - FY2022RestatedAnnual report
「The Board of Directors reviews each issue individually and closely examines specific matters, including whether the purpose of holding it is appropriate and whether the benefits and risks associated with the holding are commensurate with the cost of capital. The policy is to reduce holdings in issues that have little significance, taking share prices and market trends into consideration.」
The Company continued its policy of individual reviews of holdings by the Board of Directors and reducing issues that have little significance. - FY2019Policy on reviewing the rationale for holdings and reducing them addedAnnual report
「The Board of Directors reviews each issue individually and closely examines specific matters, including whether the purpose of holding it is appropriate and whether the benefits and risks associated with the holding are commensurate with the cost of capital. The policy is to reduce holdings in issues that have little significance, taking share prices and market trends into consideration.」
In addition to the policy of holding shares to strengthen business relationships and collect information, the Company explicitly stated its policy of individual reviews by the Board of Directors and reducing holdings that have little significance. - FY2018First statedAnnual report
「We hold these shares to strengthen business relationships and collect information in the course of conducting business within our Group.」
The Company held 7 securities for purposes other than pure investment, with a balance-sheet carrying amount of ¥537 million, and stated that the purposes of holding them were to strengthen business relationships and collect information.