Maintaining and Strengthening Business Relationships Through Strategic Shareholdings
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2023.
The whole theme swung hardest in 2019: 16 of 137 companies on the "Worse" side.
67 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「The Board of Directors reviews each period whether individual shares should be held, taking into account the purpose and benefits of holding them, as well as recent developments in business relationships with the companies concerned.」
Regarding cross-shareholdings, the company has moved from stating that the matter would be considered going forward to explicitly stating that the holdings will be reviewed by the Board of Directors each period. - FY2021Review of cross-shareholdings to be considered going forwardAnnual report
「The review by the Board of Directors and other bodies of whether individual shares should be held will be considered going forward.」
While the purpose and holding policy for cross-shareholdings will be maintained, the review by the Board of Directors and other bodies of whether individual shares should be held will be considered going forward. - FY2019First statedAnnual report
「From a medium- to long-term perspective, the Company holds shares for policy purposes in companies whose ownership contributes to enhancing corporate value, with the aim of maintaining and strengthening stable business relationships and close cooperative relationships.」
The policy of holding cross-shareholdings for the purpose of maintaining and strengthening stable business and cooperative relationships and increasing corporate value has been disclosed as an independent topic for the first time.