Business Collaboration and Enhancement of Corporate Value through Strategic Shareholdings
First written in FY2019. 3 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
68 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Shares other than unlisted shares 2 122 (Issues whose number of shares increased during the current fiscal year) Shares other than unlisted shares 1 18 Gathering information on industry trends」
The company disclosed that, in addition to 株式会社ストレージ王, it held shares in Anshin Guarantor Service Co.,Ltd. for the purpose of gathering information on industry trends. - FY2022AdvancedAnnual report
「Shares other than unlisted shares 1 66 New acquisition for gathering information on industry trends」
The company newly acquired shares in 株式会社ストレージ王 as a cross-shareholding for the purpose of gathering information on industry trends, and continues to verify the purpose, business relationship and financial condition of each holding. - FY2020AdvancedAnnual report
「For cross-shareholdings, the Board of Directors confirms whether each holding is consistent with its purpose, understands and verifies the company’s business relationship with the investee, the investee’s financial condition and future outlook, and confirms on each occasion whether holding the shares contributes to enhancing the company’s corporate value. The company will progressively reduce holdings it determines to have significantly low rationality as appropriate.」
The company has established a process under which the Board of Directors verifies the purpose, business relationship, financial condition and future outlook of each cross-held stock, and reduces holdings where their rationale is low. - FY2019First statedAnnual report
「With respect to investment securities held for purposes other than pure investment (hereinafter, “cross-shareholdings”), the company holds shares with the aim of enhancing corporate value over the medium to long term, including by complementing its services more efficiently through collaboration with companies that possess business assets the company does not have, rather than building those businesses in-house, as well as maintaining and strengthening relationships of trust with customers and business partners and expanding business through business alliances.」
The company explicitly states that the purposes of its cross-shareholdings are to complement services through collaboration with companies possessing business assets, strengthen relationships with customers and business partners, and expand business through business alliances.