Elimination and Reduction of Related-Party Transactions
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1AchievedAnnual report
「The Group had received guarantees of its lease liabilities for funeral halls from ㈱夢現, a major shareholder, and Yokoyama Hiroichi (横山 博一), but those guarantees had been eliminated as of 1 October 2025. PineBee, in which Matsumura Yasutaka (松村 康隆), the founder and adviser of the Group's consolidated subsidiary ㈱八光殿, directly holds 81% of the voting rights, no longer had a related-party transaction relationship as of 1 October 2025 because Matsumura Yasutaka (松村 康隆) retired as an adviser to ㈱八光殿.」
The disclosure states that, as of 1 October 2025, guarantees by major shareholders and related-party transactions with PineBee associated with the adviser to Hakkoden had been eliminated. - FY2019RestatedAnnual report
「After verifying the rationale and necessity of the related-party transactions themselves and the appropriateness of their terms, the Group has worked to eliminate or reduce such transactions wherever possible. Going forward, we plan to continue eliminating them wherever possible, taking into account the necessity of the transactions and their terms.」
The policy of verifying the rationale and terms of related-party transactions and eliminating or reducing them wherever possible continues. - FY2018RestatedAnnual report
「After verifying the rationale and necessity of the related-party transactions themselves and the appropriateness of their terms, the Group has worked to eliminate or reduce such transactions wherever possible. Going forward, we plan to continue eliminating them wherever possible, taking into account the necessity of the transactions and their terms.」
The policy of verifying the rationale and terms of related-party transactions and eliminating or reducing them wherever possible continues. - FY2017First statedAnnual report
「After verifying the rationale and necessity of the related-party transactions themselves and the appropriateness of their terms, the Group has worked to eliminate or reduce such transactions wherever possible. Going forward, we plan to continue eliminating them wherever possible, taking into account the necessity of the transactions and their terms.」
The disclosure states a policy of verifying the rationale and terms of related-party transactions and eliminating or reducing them wherever possible.