Verification of the Rationale for Strategic Shareholdings and Reduction
First written in FY2021. 2 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026Update on Cross-ShareholdingsAnnual report
「Each year, the Board of Directors conducts a detailed review of whether the purpose of holding each individual stock remains appropriate and whether the benefits of holding it are commensurate with the cost of capital. The company intends to reduce its total holdings from the perspective of improving capital efficiency and will sell such holdings as appropriate after comprehensively considering the impact on the market and other factors.」
The company continues its policy of annually verifying the rationale for and reducing cross-shareholdings. As of the end of March 2026, it disclosed 2 unlisted issues and 6 listed issues. - FY2025AdvancedAnnual report
「All of the shares were sold during the fiscal year.」
The company sold all shares held in The Ogaki Kyoritsu Bank,Ltd. and THE TORIGOE CO.,LTD. as cross-shareholdings. - FY2024AdvancedAnnual report
「All such shares were sold during the current fiscal year.」
With respect to cross-shareholdings, the company sold all shares held in 株式会社名古屋銀行 and The Nisshin OilliO Group,Ltd. during the current fiscal year. The shares sold comprised 2 issues, with a total carrying amount on the balance sheet of ¥12.554 million in the previous fiscal year. - FY2023RestatedAnnual report
「Each year, the Board of Directors conducts a detailed review of whether the purpose of holding each individual stock remains appropriate and whether the benefits of holding it are commensurate with the cost of capital. The company intends to reduce its total holdings from the perspective of improving capital efficiency and will sell such holdings as appropriate after comprehensively considering the impact on the market and other factors.」
The company has reconfirmed its policy of reviewing cross-shareholdings annually and reducing and selling them from the perspective of improving capital efficiency. - FY2022RestatedAnnual report
「Each year, the Board of Directors conducts a detailed review of whether the purpose of holding each individual stock remains appropriate and whether the benefits of holding it are commensurate with the cost of capital. The company intends to reduce its total holdings from the perspective of improving capital efficiency and will sell such holdings as appropriate after comprehensively considering the impact on the market and other factors.」
The company has reconfirmed its policy of reviewing cross-shareholdings annually and reducing and selling them from the perspective of improving capital efficiency. - FY2021First statedAnnual report
「Each year, the Board of Directors conducts a detailed review of whether the purpose of holding each individual stock remains appropriate and whether the benefits of holding it are commensurate with the cost of capital. The company intends to reduce its total holdings from the perspective of improving capital efficiency and will sell such holdings as appropriate after comprehensively considering the impact on the market and other factors.」
The company has for the first time explicitly stated its policy of annually verifying the rationale for cross-shareholdings and reducing and selling them from the perspective of improving capital efficiency.