Strategic shareholdings held to maintain business relationships and gather information
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2022.
1 other company's latest entry also says "Restated".
- FY2022RestatedAnnual report
「Following its review for the current fiscal year, the Company determined that holding each of the shares currently held is reasonable.」
The Company continues to hold a limited number of strategic shareholdings and to review their purposes, benefits, risks and other factors at Board of Directors meetings. It states that its review for the current fiscal year found the shares currently held to be reasonable. - FY2021RestatedAnnual report
「The Company holds a limited number of listed shares after comprehensively considering the maintenance of stable relationships with business partners and financial institutions, among other factors. For each strategic shareholding, the Board of Directors carefully examines and verifies the appropriateness of its purpose, as well as the benefits and risks associated with holding it.」
The policy of holding a limited number of listed shares to maintain relationships with business partners and financial institutions, and verifying the rationality of those holdings at Board of Directors meetings, remains unchanged. - FY2020RestatedAnnual report
「The Company holds a limited number of listed shares after comprehensively considering the maintenance of stable relationships with business partners and financial institutions, among other factors. For each strategic shareholding, the Board of Directors carefully examines and verifies the appropriateness of its purpose, as well as the benefits and risks associated with holding it.」
The policy of holding a limited number of strategic shareholdings to maintain relationships with business partners and financial institutions, and verifying the rationality of those holdings at Board of Directors meetings, remains unchanged. - FY2019First statedAnnual report
「Classification, names, number of shares, amount recorded on the balance sheet and purpose of holdings of investment shares held for purposes other than pure investment」
As strategic holdings, the Company holds shares in The Bank of Okinawa, Ltd., Okinawa Electric Power Company, Incorporated, The Bank of The Ryukyus, Limited and Okinawa Cellular Telephone Company, and states that the purpose of holding them is “to maintain smooth business relationships and gather information among locally listed companies.”