Maintaining and Strengthening Business Relationships Through Strategic Shareholdings
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 16 of 138 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「Shares other than unlisted shares 1 ¥121,994」
The Company sold 1 strategic shareholding for ¥121.994 million. It stated an example of implementing its policy of selling holdings for which it finds no significance, while maintaining and strengthening business relationships as its basic policy. - FY2024RestatedAnnual report
「The Board of Directors, at its regular meeting held each June, individually determines the rationale for each holding by comprehensively considering the status of transactions with the investee company and the benefits provided by the shares, including their market value and dividends. Shares for which the Company finds no significance in continued ownership are to be sold.」
The Company continues its policy of using strategic shareholdings to maintain and strengthen business relationships and verifying the rationale for holding them at Board of Directors meetings. - FY2023RestatedAnnual report
「The Board of Directors, at its regular meeting held each June, individually determines the rationale for each holding by comprehensively considering the status of transactions with the investee company and the benefits provided by the shares, including their market value and dividends. Shares for which the Company finds no significance in continued ownership are to be sold.」
The Company continues its policy of using strategic shareholdings to maintain and strengthen relationships with business partners and verifying the rationale for holding them at Board of Directors meetings. - FY2022First statedAnnual report
「The Company's policy on shareholdings is to maintain and strengthen relationships with business partners, including by promoting the acquisition of fireproofing and insulation work projects, in order to enhance corporate value from a medium- to long-term perspective.」
For the first time, the Company separately stated its policy of positioning strategic shareholdings as a means of maintaining and strengthening relationships with business partners and promoting the acquisition of construction projects.