Review of Strategic Shareholdings Held to Maintain Business Relationships and Enhance Corporate Value over the Medium to Long Term
First written in FY2019. 1 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2025.
20 other companies' latest entry also says "Other".
- FY2025Increase in the value of strategic shareholdings and purchase of additional shares in 1 companyAnnual report
「Shares other than unlisted shares 2 165,399 (Issues whose number of shares increased during the fiscal year) Shares other than unlisted shares 1 1,246 The increase was made to strengthen business relationships with the Company’s group.」
Strategic shareholdings comprised 2 issues with a carrying amount of ¥165.399 million, up from ¥121.047 million in the previous fiscal year. The Company increased its holdings of IINO KAIUN KAISHA,LTD. from 715 shares to 1,773 shares to strengthen business relationships. - FY2024Strategic shareholdings increased to 2 issuesAnnual report
「Shares other than unlisted shares 2 121,047」
Strategic shareholdings increased from 1 issue valued at ¥97.150 million in the previous fiscal year to 2 issues valued at ¥121.047 million. The Company acquired 715 shares of IINO KAIUN KAISHA,LTD. to strengthen business relationships, and continued its policy of having the Board of Directors verify their rationale annually. - FY2023Strategic shareholdings reduced to 1 issueAnnual report
「The Company held shares in 1 company other than unlisted shares, with a total carrying amount of ¥97.150 million, and sold shares in 1 company during the fiscal year.」
Strategic shareholdings decreased from 2 issues in the previous fiscal year to 1 issue, following the sale of shares in 1 company for ¥12.797 million. The policy of having the Board of Directors verify their rationale annually continued. - FY2022Strategic shareholdings reduced to 2 issuesAnnual report
「Shares other than unlisted shares 2 92,700 (Issues whose number of shares decreased during the fiscal year) Shares other than unlisted shares 2 8,880」
Strategic shareholdings decreased from 4 issues valued at ¥119.798 million in the previous fiscal year to 2 issues valued at ¥92.700 million, following the sale of shares in 2 companies. The holding policy and annual verification of their rationale by the Board of Directors continued. - FY2021RestatedAnnual report
「The Company’s policy is to continue holding investment shares held for purposes other than pure investment when it determines that they will contribute to building stable business relationships or enhancing the Company’s medium- to long-term value, while selling them when it determines that the significance of holding them has diminished. Under this policy, the Board of Directors verifies the economic rationale and significance of the holdings every fiscal year and determines whether they should be held.」
The policy of holding strategic shareholdings to maintain business relationships and enhance medium- to long-term value, together with annual verification by the Board of Directors, continued. There was no change in the number of shares held during the fiscal year, and the Company held 4 issues with a total value of ¥119.798 million. - FY2020AdvancedAnnual report
「(Shares in companies whose number of shares increased during the fiscal year) Shares other than unlisted shares 1 98,676 The increase was made to strengthen business relationships with the Company’s group.」
The Company acquired shares in 1 company, with an acquisition cost of ¥98.676 million, to strengthen business relationships. The rationale for the holdings continues to be verified by the Board of Directors. - FY2019First statedAnnual report
「The Company’s policy is to continue holding investment shares held for purposes other than pure investment when it determines that they will contribute to building stable business relationships or enhancing the Company’s medium- to long-term value, while selling them when it determines that the significance of holding them has diminished. Under this policy, the Board of Directors verifies the economic rationale and significance of the holdings every fiscal year and determines whether they should be held.」
For strategic shareholdings, the Company has, for the first time, described as a separate topic its policy of holding them to maintain business relationships and contribute to medium- to long-term value enhancement, and verifying their economic rationale and significance at each year-end Board of Directors meeting.