Policy for Holding and Reviewing Strategic Shareholdings
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The company maintains a policy of holding shares held for purposes other than pure investment only where it determines that doing so will promote its growth strategy and ensure business stability by creating a favorable order environment with business partners, facilitate the smooth advancement of its business and contribute to enhancing corporate value. For shares held, the company individually verifies the rationale for holding them, their economic rationality and other factors, and determines whether to continue holding them.」
The company continues its policy of holding policy-held shares only on a limited basis and reviewing each holding individually. There was no change in the number of shares held during the fiscal year. - FY2022AchievedAnnual report
「Issues whose number of shares decreased during the fiscal year Unlisted shares – – Shares other than unlisted shares 1 ¥444.926 million」
The company completed the sale of one investment security holding to review policy-held shares, strengthen its financial position and improve asset efficiency, recording a sale price of ¥444.926 million and a gain on sale of ¥402.690 million. - FY2022-Q3AdvancedAnnual report
「The company sold some of its investment securities on 27 January 2022. In connection with this sale, it will record a gain on the sale of investment securities as extraordinary income in the fourth-quarter accounting period of the fiscal year ending March 2022. The sale was undertaken to review policy-held shares under the Corporate Governance Code, strengthen its financial position and improve asset efficiency.」
The company stated that it planned to sell one investment security holding to review policy-held shares, strengthen its financial position and improve asset efficiency, recording a gain on sale of ¥159.694 million. - FY2021RestatedAnnual report
「The company maintains a policy of holding shares held for purposes other than pure investment only where it determines that doing so will promote its growth strategy and ensure business stability by creating a favorable order environment with business partners, facilitate the smooth advancement of its business and contribute to enhancing corporate value. For shares held, the company individually verifies the rationale for holding them, their economic rationality and other factors, and determines whether to continue holding them.」
The company continues its policy of holding policy-held shares only on a limited basis, individually reviewing revenue, dividends, holding risks and other factors to determine whether to continue holding them. - FY2020RestatedAnnual report
「For shares held, the company individually verifies the rationale for holding them, their economic rationality and other factors, and determines whether to continue holding them.」
The company continues its policy of holding policy-held shares only on a limited basis, individually reviewing transaction revenue, dividends, holding risks and other factors to determine whether to continue holding them. - FY2019First statedAnnual report
「The company maintains a policy of holding shares held for purposes other than pure investment only where it determines that doing so will promote its growth strategy and ensure business stability by creating a favorable order environment with business partners, facilitate the smooth advancement of its business and contribute to enhancing corporate value. For shares held, the company individually verifies the rationale for holding them, their economic rationality and other factors, and determines whether to continue holding them.」
The company stated for the first time that it will hold policy-held shares only to support its growth strategy, stable order intake and enhancement of corporate value, and will assess earnings, dividends and holding risks to determine whether to continue holding them.