Policy of Not Holding Strategic Shareholdings and Reviewing Existing Holdings
First written in FY2019. 4 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2023: 3 of 12 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「HANWA CO.,LTD. is a major supplier of raw materials to the company and is pursuing initiatives for mutual development in the logistics equipment business. Accordingly, it is necessary to continue acquiring shares through the business partners' shareholding association and build and promote a long-term cooperative relationship.」
The holding of shares in HANWA CO.,LTD. increased from 10,526 shares in the previous fiscal year to 63,792 shares, while the holding of shares in ナガワ increased from 103 shares to 198 shares, expanding holdings intended to foster cooperative relationships with business partners. - FY2025AdvancedAnnual report
「HANWA CO.,LTD. is a major supplier of raw materials to the company and is pursuing initiatives for mutual development in the logistics equipment business. Accordingly, it is necessary to continue acquiring shares through the business partners' shareholding association and build and promote a long-term cooperative relationship.」
The holding of shares in HANWA CO.,LTD. increased from 8,006 shares to 10,526 shares, while the holding of shares in 株式会社ナガワ increased from 19 shares to 103 shares, continuing and expanding holdings intended to foster cooperative relationships with business partners. - FY2024AdvancedAnnual report
「HANWA CO.,LTD. is a major supplier of raw materials to the company and is pursuing initiatives for mutual development in the logistics equipment business. Accordingly, it is necessary to continue acquiring shares through the business partners' shareholding association and build and promote a long-term cooperative relationship.」
The holding of shares in HANWA CO.,LTD. increased from 5,306 shares in the previous fiscal year to 8,006 shares, and the company newly acquired 19 shares in 株式会社ナガワ to promote mutual development in the temporary construction materials division. - FY2023AdvancedAnnual report
「HANWA CO.,LTD. is a major supplier of raw materials to the company and is pursuing initiatives for mutual development in the logistics equipment business. Accordingly, it is necessary to continue acquiring shares through the business partners' shareholding association and build and promote a long-term cooperative relationship.」
The company changed from its previous policy of not holding cross-shareholdings to continuing to acquire shares in HANWA CO.,LTD. through the business partners' shareholding association, increasing its holding from 1,771 shares to 5,306 shares. - FY2022ReframedAnnual report
「By holding shares in business partners, the company aims to create new value and contribute to business development as an alliance partner that fosters the business over the long term, not only by stabilizing purchasing and sales but also by pursuing synergies.」
The company changed from its previous policy of not holding cross-shareholdings to a policy of holding shares to pursue alliances and synergies with business partners, and holds shares in 1 company, HANWA CO.,LTD. - FY2019First statedAnnual report
「The Company does not hold cross-shareholdings.」
It states that the company adopted a policy of not holding cross-shareholdings and, during the fiscal year, disposed of certain investment shares after determining that continued ownership was not necessary.