Confirmation of the Rationale for Strategic Shareholdings and Exercise of Voting Rights
First written in FY2016. 5 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Advanced Media, Inc. 95,500 — The shares were held to build a cooperative relationship concerning healthcare applications of speech-recognition technology.」
Regarding strategic shareholdings, in addition to shares of Nishikawa Keisoku, the company acquired shares of Advanced Media to build a cooperative relationship in healthcare applications of speech-recognition technology. - FY2025AdvancedAnnual report
「The shares were held to build a cooperative relationship aimed at promoting in-house digital transformation.」
Regarding strategic shareholdings, the company sold 2 holdings while acquiring shares of Nishikawa Keisoku to build a cooperative relationship for promoting digital transformation. - FY2023AdvancedAnnual report
「For listed shares, following a review by the Board of Directors on 28 April 2022, the company decided in fiscal 2022 to continue holding 2 holdings.」
Following a review based on cost of capital, returns, and risks, the company decided to continue holding 2 listed shares and sold shares of SUZUKEN CO.,LTD., TOHO HOLDINGS CO.,LTD., and Hokuyaku Takeyama Holdings Co., Ltd., among others, during the fiscal year. - FY2022RestatedAnnual report
「For listed shares, following a review by the Board of Directors on 28 April 2021, the company decided in fiscal 2021 to continue holding 5 holdings.」
The company continued its annual review based on cost of capital, returns, and risks and decided in fiscal 2021 to continue holding 5 listed holdings. - FY2020AdvancedAnnual report
「For listed shares, following a review by the Board of Directors on 25 April 2019, the company decided in fiscal 2019 to sell 5 holdings and continue holding 5 holdings.」
After reviewing its holdings based on cost of capital, returns, and risks, the company decided in fiscal 2019 to sell 5 holdings and continue holding 5 holdings. - FY2019AdvancedAnnual report
「The Board of Directors discusses each year whether the returns on holdings, including quantitative factors such as dividends and transaction status, as well as the strategic importance and business relationship from a management-strategy perspective, are commensurate with the company's cost of capital and the associated risks. The company intends to sell listed shares it determines have little strategic significance after taking share-price trends and other factors into account. For listed shares, following a review by the Board of Directors on 27 April 2018, the company decided to sell 1 holding and continue holding 10 holdings in fiscal 2018.」
After reviewing the rationale for strategic shareholdings based on cost of capital, returns, and risks, the company decided in fiscal 2018 to sell 1 holding and continue holding 10 holdings. - FY2018RestatedAnnual report
「As its basic policy, the company holds shares of business partners only when it considers such holdings reasonable for the smooth promotion of sales activities, maintaining business relationships, and business and capital alliances, and continues to hold these strategic shareholdings as long as it determines that they contribute to the development of its business. Each year, the Board of Directors reviews the rationale for the holdings and sells shares with little strategic significance after taking share-price trends and other factors into account.」
The company continues to review the rationale for its strategic shareholdings and its policy of selling holdings with little strategic significance. It also describes criteria for making comprehensive decisions on voting rights, taking corporate governance and shareholder value into account. - FY2017RestatedAnnual report
「As its basic policy, the company holds shares of business partners only when it considers such holdings reasonable for the smooth promotion of sales activities, maintaining business relationships, and business and capital alliances, and continues to hold these strategic shareholdings as long as it determines that they contribute to the development of its business. Each year, the Board of Directors reviews the rationale for the holdings and sells shares with little strategic significance after taking share-price trends and other factors into account.」
The company continues its policy of reviewing the rationale for its strategic shareholdings each year and selling holdings with little strategic significance. - FY2016First statedAnnual report
「As its basic policy, the company holds shares of business partners only when it considers such holdings reasonable for the smooth promotion of sales activities, maintaining business relationships, and business and capital alliances, and continues to hold these strategic shareholdings as long as it determines that they contribute to the development of its business.」
The company reviews the rationale for its holdings at each year-end Board of Directors meeting and intends to sell holdings with little strategic significance.