Periodic Review of Strategic Shareholdings Based on Business Transactions and Alliances
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2026.
15 other companies' latest entry also says "Other".
- FY2026Partial Sale of Cross-ShareholdingsAnnual report
「The accounting and finance department reviews each quarter the status of transactions with investee companies, as well as their financial condition, operating performance, share prices and other relevant factors, and periodically reviews whether to continue holding the shares.」
The company reconfirmed its policy of reviewing whether to continue holding shares each quarter, while its holding of Immuno-Biological Laboratories Co., Ltd. shares decreased from 205,000 shares to 160,000 shares, which were sold for ¥152.820 million. - FY2020RestatedAnnual report
「The accounting and finance department reviews each quarter the status of transactions with investee companies, as well as their financial condition, operating performance, share prices and other relevant factors, and periodically reviews whether to continue holding the shares.」
The company has reconfirmed its quarterly review of cross-shareholdings based on business and partnership relationships and its review of whether to continue holding them. - FY2019First statedAnnual report
「As a general rule, the company does not hold shares for pure investment purposes. It invests in shares when it determines that doing so will help build stable business relationships or maintain and strengthen business alliances in line with its growth strategy, thereby contributing to the enhancement of corporate value over the medium to long term, and classifies such shares as investments held for purposes other than pure investment.」
The company has stated for the first time its policy of generally not holding shares for pure investment purposes, holding shares based on their contribution to business relationships, business alliances and corporate value enhancement, and reviewing each quarter whether to continue holding them after checking transaction conditions and financial condition, among other matters.