Strategic Holding of Masterpiece Inventory
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「With the objective of stabilizing and expanding the art market as a whole, we plan to purchase masterpiece-level works by artists regarded as masters of modern art and hold them as strategic inventory. For each work, we will seek to sell it at the optimal time, price and to the buyer under conditions that we consider ideal, and plan to retain it until those conditions are in place.」
The Company reaffirmed, in its risk disclosures, its policy of holding masterpieces as strategic inventory while selecting the timing, price and buyer for each sale. - FY2018RestatedAnnual report
「We will proactively secure masterpiece-level works by artists regarded as masters of modern art as strategic inventory」
The policy of securing masterpieces as strategic inventory is continuing. - FY2016First statedAnnual report
「We plan to purchase several masterpiece-level works by artists regarded as masters of modern art and hold them as strategic inventory. For each work, we will seek to sell it at the optimal time, price and to the buyer under conditions that we consider ideal, and plan to retain it until those conditions are in place.」
A specific strategy to acquire several masterpieces and retain them while selecting the timing, price and buyer for each sale.