Strategically held shares aimed at maintaining and strengthening cooperative relationships
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「As a basic policy, the Board of Directors reviews each strategic shareholding regularly and continuously every year, considering whether the purpose of holding it is appropriate, whether the benefits and risks associated with holding it are commensurate with the cost of capital, and the relationship with the business partner, and determines whether to continue holding the shares based on the results of the review.」
The Company continues its policy of reviewing the purpose, benefits and risks of strategic shareholdings each year. - FY2023AdvancedAnnual report
「4 unlisted shareholdings, ¥13.353 million」
Strategic shareholdings comprised 4 unlisted shareholdings valued at ¥13.353 million. During the fiscal year, the Company acquired 3 of these holdings for business alliances aimed at environmental conservation in the restaurant industry. - FY2022RestatedAnnual report
「As a basic policy, the Board of Directors reviews each strategic shareholding regularly and continuously every year, considering whether the purpose of holding it is appropriate, whether the benefits and risks associated with holding it are commensurate with the cost of capital, and the relationship with the business partner, and determines whether to continue holding the shares based on the results of the review.」
The Company continues its policy of reviewing the purpose, benefits and risks of strategic shareholdings each year. - FY2021RestatedAnnual report
「As a basic policy, the Board of Directors reviews each strategic shareholding regularly and continuously every year, considering whether the purpose of holding it is appropriate, whether the benefits and risks associated with holding it are commensurate with the cost of capital, and the relationship with the business partner, and determines whether to continue holding the shares based on the results of the review.」
The Company continues its policy of reviewing the purpose, benefits and risks of strategic shareholdings each year. - FY2019First statedAnnual report
「As a basic policy for classifying investment shares held for investment purposes and those held for purposes other than investment, the Group generally classifies shares as held for purposes other than investment when it determines that doing so will contribute to the Group's sustainable growth and the enhancement of corporate value over the medium to long term.」
For strategic shareholdings, the Company states for the first time that it will assess the purpose, benefits and risks of holdings each year based on their contribution to sustainable growth and corporate value over the medium to long term. It holds 1 unlisted shareholding valued at ¥10 million to maintain and strengthen cooperative relationships.