Shareholdings to Maintain and Develop Business Relationships
First written in FY2016. 7 of 12 entries say "Advanced", first in FY2019. Latest entry: 2026-08-07.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
67 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To improve capital efficiency, the Company has been reducing strategic shareholdings, achieving a reduction of approximately ¥4.7 billion during Phase II and a 21.8% reduction from the fiscal year-end 2022 level.」
The Company disclosed that it had reduced its policy-held shares by approximately ¥4.7 billion, or 21.8% from the end of fiscal 2022, during Phase II, and has set a target of reducing them to less than 20% of net assets by the end of fiscal 2029 in Phase III. - FY2025AdvancedAnnual report
「During the fiscal year, the number of shares decreased for 2 issues of unlisted shares and 3 issues of shares other than unlisted shares. The total sale proceeds were ¥300 million and ¥2,667 million, respectively.」
Regarding strategic shareholdings, the Company disclosed that it reduced 3 listed issues and other holdings during the fiscal year while continuing its policy of reviewing the benefits and capital costs of each issue. The target of reducing holdings by 20% from the fiscal year-end 2022 level by the end of fiscal 2025 also remains in place. - FY2024RaisedAnnual report
「For these shareholdings, the Board of Directors comprehensively reviews the benefits and capital costs for each issue while considering the purpose of holding, transaction status and holding risks, and determines whether the shares should be held or sold. The Company also aims to reduce its holdings by 20% from the fiscal year-end 2022 level by the end of fiscal 2025.」
Regarding strategic shareholdings, the Company specified a target of reducing holdings by 20% from the fiscal year-end 2022 level by the end of fiscal 2025, in addition to reviewing the benefits and capital costs of each issue. - FY2021AdvancedAnnual report
「The Company holds shares in companies it deems necessary from the perspective of maintaining good business relationships, strengthening collaboration and enhancing corporate value. For these shareholdings, the Company holds shares only when the purpose of holding is deemed reasonable, compares related income such as dividends and profits from related transactions with overall costs including acquisition cost and market value, and the Board of Directors determines whether the shares should be held or sold for each issue.」
Regarding strategic shareholdings, the Company specified a review method that considers not only the reasonableness of the purpose of holding, but also compares dividends and profits from related transactions with costs including acquisition cost and market value. - FY2020AdvancedAnnual report
「For these shareholdings, the Board of Directors comprehensively reviews the purpose of holding, transaction status, dividends and other factors for each issue, and determines whether the shares should be held or sold.」
Regarding strategic shareholdings, the Company disclosed that it sold 4 issues other than unlisted shares during the fiscal year, demonstrating that the Board of Directors made holding or selling decisions for each issue. - FY2019AdvancedAnnual report
「The Company holds shares in companies it deems necessary from the perspective of maintaining good business relationships, strengthening collaboration and enhancing corporate value. For these shareholdings, the Board of Directors comprehensively reviews the purpose of holding, transaction status, dividends and other factors for each issue, and determines whether the shares should be held or sold.」
In addition to its previous policy of holding shares to maintain and develop business relationships, the Company has specified that the Board of Directors will review the purpose of holding, transaction status, dividends and other factors for each issue and determine whether to hold or sell the shares. - FY2018RestatedAnnual report
「Purpose of maintaining and developing business relationships, among other objectives」
The Company continues its policy of holding strategic shareholdings for the purpose of maintaining and developing business relationships, among other objectives. - FY2016First statedAnnual report
「Purpose of maintaining and developing business relationships, among other objectives」
For strategic shareholdings, the purpose of holding each issue is to maintain and develop business relationships, among other objectives.