Review of the Rationale for Holding Strategic Shareholdings
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Board of Directors and other bodies review as appropriate the profitability and holding risks of individual shares, based on their purpose, dividends, unrealized gains and losses arising from share-price fluctuations, and other factors, and comprehensively consider whether the holdings are appropriate.」
The company’s policy of reviewing the purpose, dividends, unrealized gains and losses, profitability and holding risks of cross-shareholdings at Board of Directors meetings and other forums remains in place. - FY2023AdvancedAnnual report
「東京特殊電線株式会社 − 19,688 All shares were sold during the fiscal year.」
The company disclosed that it sold all shares of 東京特殊電線 during the fiscal year as part of its cross-shareholdings. - FY2020RestatedAnnual report
「The Board of Directors reviews whether such holdings are appropriate after receiving reports as appropriate on their profitability, based on the status and purpose of cross-shareholdings, unrealized gains and losses, and other factors.」
The company’s policy of confirming the status, purpose, unrealized gains and losses, and profitability of cross-shareholdings at Board of Directors meetings and reviewing whether the holdings are appropriate remains in place. - FY2019First statedAnnual report
「From a medium- to long-term perspective, the company holds shares that it considers to contribute to enhancing corporate value, taking into comprehensive consideration the maintenance and strengthening of business relationships and the maintenance of good relationships with local communities. The Board of Directors reviews whether such holdings are appropriate after receiving reports as appropriate on their profitability, based on the status and purpose of cross-shareholdings, unrealized gains and losses, and other factors.」
The company disclosed for the first time its policy of holding cross-shareholdings based on business and community relationships, and reviewing their appropriateness at Board of Directors meetings after confirming the status and purpose of the holdings, unrealized gains and losses, and other factors.