Maintaining business relationships through strategic shareholdings and reviewing their appropriateness
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025One holding reclassified as held for investment purposesAnnual report
「MORITO CO.,LTD. 170,000 234,770 Fiscal year ending June 2025. The holding was changed after taking into account the transaction status and other factors involving the issuing company. The Company plans to consider selling the shares at an appropriate time in light of future share-price trends and market conditions.」
The purpose of holding shares in MORITO CO.,LTD. was changed from strategic purposes to investment purposes, and the Company stated its policy of considering a sale based on the share price and market conditions. - FY2024RestatedAnnual report
「The Company reviews the appropriateness of each holding, including whether its purpose remains appropriate, and will respond flexibly, including through sales, as appropriate after taking share prices and market trends into account.」
The Company continues its policy of reviewing the purpose and cost of each strategic shareholding and responding flexibly, including through sales. - FY2022RestatedAnnual report
「The Company reviews the appropriateness of each holding, including whether its purpose remains appropriate, and will respond flexibly, including through sales, as appropriate after taking share prices and market trends into account.」
The Company continues its policy of having the Board of Directors review the purpose and cost of each strategic shareholding and responding flexibly, including through sales. - FY2021First statedAnnual report
「Because cooperation with business partners is essential to the Company’s sustainable development, the Company may hold listed shares for strategic purposes when it determines that holding shares will maintain and strengthen relationships with business partners and contribute to expanding its business scope, enhancing corporate value and achieving medium- to long-term growth.」
The Company disclosed for the first time its policy on strategic shareholdings held to maintain and strengthen business relationships and its practice of reviewing whether each holding remains appropriate.