Minimum holdings of cross-shareholdings and annual review
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2024.
102 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Shares other than unlisted shares 1 49,922 Determined to contribute to enhancing corporate value from a medium- to long-term perspective」
The Company acquired shares in business partner LOGOS HOLDINGS INC. for an acquisition cost of ¥49.922 million and held them as cross-shareholdings. It also continues its policy of reviewing the rationale for holding such shares every fiscal year. - FY2020AdvancedAnnual report
「After carefully examining whether the issuer’s financial condition, transaction volumes with the Company Group, the purpose and benefits of holding the shares, and other factors are commensurate with the costs and risks of holding them, the Company continues to conduct a comprehensive review of such shares every fiscal year.」
The Company continues its policy of reviewing cross-shareholdings every fiscal year and acquired ¥42.007 million of unlisted shares during the fiscal year for the purpose of maintaining and strengthening business relationships. - FY2019First statedAnnual report
「The Company’s policy is to limit its holdings of shares for policy purposes to the minimum necessary, while … continuing to conduct a comprehensive review of such shares every fiscal year.」
The Company states for the first time that, while considering the maintenance and strengthening of business relationships, it reviews the costs and risks of holding shares and the rationale for holding them, and will sell shares when the rationale is limited.