Annual Review of the Rationale for Holding Shares for Strategic Purposes
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The head of the Administration Division carefully reviews business trends and other matters in financial results releases and materials for general meetings of shareholders, as well as transaction results and other matters in accordance with the purpose of holding the shares, reports the findings to the regularly scheduled Board of Directors meeting held each April once a year, and verifies whether continued ownership is appropriate.」
For cross-shareholdings, the company continues to have the head of the Administration Division conduct a review and the Board of Directors report on and verify the appropriateness of continued ownership once a year. - FY2025RestatedAnnual report
「The head of the Administration Division carefully reviews business trends and other matters in financial results releases and materials for general meetings of shareholders, as well as transaction results and other matters in accordance with the purpose of holding the shares, reports the findings to the regularly scheduled Board of Directors meeting held each April once a year, and verifies whether continued ownership is appropriate.」
For cross-shareholdings, the company continues to have the head of the Administration Division conduct a review and the Board of Directors report on and verify the appropriateness of continued ownership once a year. - FY2023RestatedAnnual report
「The head of the Administration Division carefully reviews business trends and other matters in financial results releases and materials for general meetings of shareholders, as well as transaction results and other matters in accordance with the purpose of holding the shares, reports the findings to the regularly scheduled Board of Directors meeting held each April once a year, and verifies whether continued ownership is appropriate.」
For cross-shareholdings, the company continues to have the head of the Administration Division conduct a review and the Board of Directors report on and verify the appropriateness of continued ownership once a year. - FY2021First statedAnnual report
「The head of the Administration Division carefully reviews business trends and other matters in financial results releases and materials for general meetings of shareholders, as well as transaction results and other matters in accordance with the purpose of holding the shares, reports the findings to the regularly scheduled Board of Directors meeting held each April once a year, and verifies whether continued ownership is appropriate.」
For cross-shareholdings, the company explicitly describes for the first time a system under which the head of the Administration Division reviews business results, transaction results and other matters, and the Board of Directors once a year verifies whether continued ownership is appropriate.