Shareholdings Held to Maintain and Strengthen Business Relationships and Obtain Information
First written in FY2019. 7 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 24 July 2026 as “Continuation of Holdings of Policy Investment Shares.”」
The company continued verifying the rationale for its policy investment shares and reported the results to the board of directors on 24 July 2026. It stated that ROIC for the fiscal year ended May 2026 was 7.57%. - FY2025AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 25 July 2025 as “Continuation of Holdings of Policy Investment Shares.” The company calculated ROIC based on the financial statements for the fiscal year ended May 2025 at 6.30%.」
The company continued verifying the rationale for its policy investment shares and reported the results to the board of directors on 25 July 2025. ROIC was stated as 6.30%. - FY2024AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 25 July 2024 as “Continuation of Holdings of Policy Investment Shares.”」
The company continued verifying the rationale for its policy investment shares and reported the results to the board of directors on 25 July 2024. It stated that ROIC for the fiscal year ended May 2024 was 3.99%. - FY2023AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 25 July 2023 as the “Verification of Shareholdings Held for Policy Investment Purposes.” The company calculated ROIC based on the financial statements for the fiscal year ended May 2023 at 7.81%.」
Regarding policy investment shares, the company verified the benefits, market value and dividends by comparing them with ROIC and other measures, and reported the results to the board of directors on 25 July 2023. ROIC was stated as 7.81%. - FY2022AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 27 June 2022 as the “Verification of Shareholdings Held for Policy Investment Purposes.”」
Regarding policy investment shares, the company verified the benefits, market value and dividends by comparing them with ROIC and other measures, and reported the results to the board of directors on 27 June 2022. It states that ROIC for the fiscal year ended May 2022 was 8.46%. - FY2021AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 26 July 2021 as the “Verification of Shareholdings Held for Policy Investment Purposes.”」
Regarding shareholdings held to maintain business relationships and obtain information, the company verified the benefits, market value and dividends by comparing them with ROIC and other measures, and reported the results to the board of directors. It stated that ROIC for the fiscal year ended May 2021 was 8.46%. - FY2020AdvancedAnnual report
「Regarding the rationale for holding the shares, based on its basic policy on shareholdings, the company verifies the rationale by calculating the benefits it would obtain if information leading to a transaction with the company resulted in a contract, taking market value into account, adding dividends, and comparing the result with ROIC (return on invested capital) and other measures. This was reported at the board of directors meeting held on 27 July 2020 as the “Verification of Shareholdings Held for Policy Investment Purposes.”」
Regarding shareholdings held to maintain business relationships and obtain information, the company verified the benefits, market value and dividends by comparing them with ROIC and other measures, and reported the results to the board of directors. - FY2019First statedAnnual report
「The company’s policy is to hold shares acquired to maintain and strengthen business relationships on the assumption that those relationships will continue. Although it does not periodically verify the rationale for holding them, this can be verified by reviewing related transactions and other matters. The company’s policy is also to hold shares acquired to obtain useful information on the assumption that such information can be obtained. Although it does not periodically verify the rationale for holding them, this can be verified by reviewing the content, volume, frequency and other aspects of the information obtained.」
The company recorded for the first time its policy of holding shares that are not held for pure investment purposes to maintain or strengthen business relationships or obtain useful information.