Strategic shareholdings aimed at maintaining and expanding business and financial relationships
First written in FY2018. 4 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Following a review of the significance of the holdings, the company sold all of the shares during the fiscal year.」
The company reviewed the significance of its strategic shareholdings and sold 4 listed holdings. It continues to reduce its strategic shareholdings. - FY2025Change in the purpose of holding some strategic shareholdings to pure investmentAnnual report
「The company changed the purpose of holding the shares because the company concerned is scheduled to purchase the shares held by the company in connection with its delisting.」
While maintaining its policy of reducing strategic shareholdings, the company changed the purpose of holding its shares in Spuncrete Corporation to pure investment because of the planned delisting and purchase of the shares. - FY2023AdvancedAnnual report
「The company’s policy is for the Board of Directors to determine whether strategic shareholdings should be retained, based on such considerations as whether maintaining trust-based relationships with stakeholders, maintaining and strengthening relationships with business partners, and maintaining relationships with local communities will contribute to future business expansion, as well as the significance and economic rationale of the holdings. Shares whose significance as holdings has diminished will be sold successively and reduced.」
Regarding strategic shareholdings, the company sold all of its shares in Sunday during the fiscal year and changed the purpose of holding its shares in Morozoff to pure investment, proceeding with their sale. - FY2020AdvancedAnnual report
「The company’s policy is for the Board of Directors to determine whether strategic shareholdings should be retained, based on such considerations as whether maintaining trust-based relationships with stakeholders, maintaining and strengthening relationships with business partners, and maintaining relationships with local communities will contribute to future business expansion, as well as the significance and economic rationale of the holdings. Shares whose significance as holdings has diminished will be sold successively and reduced.」
The company verifies the significance of its strategic shareholdings each fiscal year and sold 2 unlisted holdings during the fiscal year. It confirmed that all currently held shares are held for purposes consistent with its holding policy. - FY2019AdvancedAnnual report
「The company’s policy is for the Board of Directors to determine whether strategic shareholdings should be retained, based on such considerations as whether maintaining trust-based relationships with stakeholders, maintaining and strengthening relationships with business partners, and maintaining relationships with local communities will contribute to future business expansion, as well as the significance and economic rationale of the holdings. Shares whose significance as holdings has diminished will be sold successively and reduced.」
The company explicitly stated its policy of successively selling and reducing strategic shareholdings whose significance as holdings has diminished, and sold 1 holding during the fiscal year. - FY2018First statedAnnual report
「Number of securities: 52 Total amount recognized on the balance sheet: ¥2,594.879 million」
The company states that the purposes of holding specified investment shares are to maintain and expand intercompany transactions, develop and strengthen intercompany transactions, and maintain smooth financial transactions.