Daily BriefsESG

Daily Brief ESG: Financial Institutions Should Accelerate the Reduction of Their Policy Shareholdings and more

In today’s briefing:

  • Financial Institutions Should Accelerate the Reduction of Their Policy Shareholdings


Financial Institutions Should Accelerate the Reduction of Their Policy Shareholdings

By Aki Matsumoto

  • During fiscal year 2024, which spans March 2024 to March 2025, the policy-held shares are estimated to have been reduced by approximately 20%.
  • Financial institutions are accelerating their expansion into overseas markets, and as profits from Japanese operations stagnate, the rationale for maintaining cross-shareholdings with Japanese companies is diminishing.
  • Some companies focused on the domestic market wish to continue holding cross-shareholdings due to business relationships. The gap between these companies and those expanding globally is expected to widen further.

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