Reviewing the Rationale for and Reducing Strategic Shareholdings
First written in FY2019. 3 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026No decrease in the number of shares; 3 issues acquired through the employee stock ownership planAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Unlisted shares: —, —, —; shares other than unlisted shares: —, —, —」
For cross-held shares, continuing annual reviews of their significance and confirmation of compliance with the holding policy, while reporting no decrease in holdings during the fiscal year and acquisitions through the employee stock ownership plan involving 3 issues other than unlisted shares. - FY2025Decrease of 2 unlisted-share issuesAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Unlisted shares: 2, 200. The decrease in 1 unlisted-share issue was due to the liquidation of the company.」
For cross-held shares, disclosing a decrease of 2 unlisted-share issues. The decrease in 1 of these issues was due to the liquidation of the company, and the review based on 31 March 2025 confirmed that the currently held shares comply with the holding policy. - FY2024AdvancedAnnual report
「During the fiscal year, the number of shares decreased for 1 issue other than unlisted shares, with total sale proceeds of ¥4.760 million.」
For cross-held shares, conducting a significance review based on 31 March 2024 and selling 1 issue. Confirming that all currently held shares comply with the holding policy. - FY2023RestatedAnnual report
「The company verifies the significance of its cross-shareholdings individually each fiscal year. Based on the review as of 31 March 2023, it confirmed that all currently held cross-shareholdings were held for purposes consistent with its holding policy.」
Conducting annual reviews of the significance of holdings based on 31 March 2023 and confirming that all currently held shares comply with the policy. There were no issues with a decrease in the current fiscal year. - FY2022No issues with a decrease in the number of shares during the fiscal yearAnnual report
「(Holdings whose number of shares decreased during the fiscal year) None applicable.」
For cross-held shares, continuing to review the significance of holdings each fiscal year, while disclosing that no issues had a decrease in the number of shares during the fiscal year. - FY2021AdvancedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Shares other than unlisted shares: 2, ¥42.944 million. Following a determination of whether the shares should be held based on our holding policy, all shares were sold.」
For cross-held shares, selling 2 issues following a review based on the holding policy and reducing holdings by total sale proceeds of ¥42.944 million. - FY2020AdvancedAnnual report
「The company verifies the significance of its cross-shareholdings individually each fiscal year. Based on the review as of 31 March 2020, it confirmed that all currently held cross-shareholdings were held for purposes consistent with its holding policy.」
For cross-held shares, conducting annual reviews of the significance of holdings based on 31 March 2020 and confirming that the currently held issues comply with the policy. - FY2019First statedAnnual report
「Under its basic policy of disposing of or reducing cross-held shares whose ownership is considered to have diminished significance as promptly as possible, the Company verifies the significance of each cross-held shareholding at every Board of Directors meeting held each fiscal year. If any shares are deemed not to contribute to the sustainable growth of the Group or the enhancement of corporate value over the medium to long term, the Company will sell them in a timely manner.」
For cross-held shares, explicitly stating for the first time the policy of verifying the significance of holdings each fiscal year and disposing of or reducing shares whose significance has diminished.