Strengthening Competitiveness and the Business Base Through Closer Business Relationships and Cross-Shareholdings
First written in FY2020-Q3. 1 of 2 entries say "Restated". Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021RestatedAnnual report
「After comprehensively reviewing the purpose and benefits of the holdings (share prices, dividend amounts and transaction status), the risks associated with the holdings and other factors, the Company confirmed that all shares currently held are consistent with its holding policy.」
The Company reconfirmed its intention to continue holding cross-shareholdings maintained to preserve and develop business relationships. - FY2020-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 7 February 2020, the Company resolved to dispose of treasury shares through a third-party allotment to 株式会社ナガワ, with the aim of building close cooperative relationships with business partners, incorporating their know-how, ideas and knowledge, enhancing competitiveness, and establishing a stable business platform. The disposal comprised 165,000 common shares at ¥2,256 per share, for total proceeds of ¥372,240,000, with the disposal date set for 26 February 2020. The net proceeds will be used in the future to fund the acquisition of the shares involved in the planned cross-shareholding arrangement.」
The Company resolved to dispose of 165,000 treasury shares through a third-party allotment to 株式会社ナガワ, with the aim of strengthening business relationships, incorporating know-how and building competitiveness and a stable business platform.