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F&M (4771) · PolicyAcquired 1 additional strategically held stock

Review of the Rationale for Holding Policy Shareholdings and Reduction Criteria

First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseRestatedFY2019 – FY20232019: 120192020: 120202021: 120212022: 120222023: 12023
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  1. FY2023Acquired 1 additional strategically held stockAnnual report

    「(Holdings whose number of shares increased during the fiscal year) Shares other than unlisted shares 1 29,986 To further maintain and stabilize the business relationship」

    The company disclosed the additional acquisition of 1 strategically held stock, with an acquisition cost of ¥29,986 thousand, to maintain and stabilize the business relationship.
  2. FY2022RestatedAnnual report

    「The company has adopted a policy of considering a reduction in holdings whose market value has fallen by 30% or more from book value, in order to verify whether the benefits and risks associated with holding them are commensurate with the cost of capital.」

    For strategic shareholdings, the company continues to evaluate the benefits and risks against the cost of capital and consider a reduction in holdings whose market value has fallen by 30% or more from book value.
  3. FY2021RestatedAnnual report

    「The company has adopted a policy of considering a reduction in holdings whose market value has fallen by 30% or more from book value, in order to verify whether the benefits and risks associated with holding them are commensurate with the cost of capital.」

    For strategic shareholdings, the company reconfirmed its policy of evaluating the benefits and risks against the cost of capital and considering a reduction in holdings whose market value has fallen by 30% or more from book value.
  4. FY2020RestatedAnnual report

    「The company has adopted a policy of considering a reduction in holdings whose market value has fallen by 30% or more from book value, in order to verify whether the benefits and risks associated with holding them are commensurate with the cost of capital.」

    For strategic shareholdings, the company reconfirmed its policy of evaluating the benefits and risks against the cost of capital and considering a reduction in holdings whose market value has fallen by 30% or more from book value.
  5. FY2019First statedAnnual report

    「The company has adopted a policy of considering a reduction in holdings whose market value has fallen by 30% or more from book value, in order to verify whether the benefits and risks associated with holding them are commensurate with the cost of capital.」

    For strategic shareholdings, the company first described a policy of comparing the benefits and risks with the cost of capital and considering a reduction in holdings whose market value has fallen by 30% or more from book value.
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F&M's next results are scheduled for 2026-10-30. Read the earnings preview
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Review of the Rationale for Holding Policy Shareholdings and Reduction Criteria | F&M CO.,LTD. (4771) | Komori