Holding shares to strengthen business relationships
First written in FY2018. 5 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Acquired an additional 3 cross-shareholdings through a business partners’ employee shareholding associationAnnual report
「“Issues whose number of shares increased during the current fiscal year” “Shares other than unlisted shares 3 67,305 Acquisition of shares through a business partners’ employee shareholding association” “Issues whose number of shares decreased during the current fiscal year” “Shares other than unlisted shares – – –”」
For cross-shareholdings, the company acquired 3 issues through a business partners’ employee shareholding association, with a total acquisition cost of ¥67,305 thousand. There were no issues whose number of shares decreased. The policy of reviewing each holding annually and holding shares based on business relationships and economic rationale continues. - FY2025Specified the metrics used to review cross-shareholdingsAnnual report
「Based on this policy, at a set time each year, the Board of Directors decides whether to hold or continue holding individual issues based on a medium- to long-term perspective, using metrics such as the volume of orders received from or placed with the investee, unrealized gains or losses on the shares, and dividend yield, for issues it determines will contribute to maintaining and strengthening long-term business relationships and enhancing the company’s corporate value.」
The policy of holding cross-shareholdings to maintain and strengthen business relationships and reducing shares whose significance has diminished continues. This time, the company specifically described its annual individual review process using order volumes, unrealized gains or losses and dividend yields. - FY2024RestatedAnnual report
「For the sustainable growth of the company, as part of its business strategy and to build good relationships with business partners and facilitate the smooth conduct of business, the company holds shares in companies whose ownership it considers necessary. Under its basic policy of reducing as quickly as possible cross-shareholdings whose significance is considered to have diminished, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year and, if any shares are not considered to contribute to the sustainable growth of the group and the improvement of corporate value over the medium to long term, sells them in a timely and appropriate manner.」
The policy of holding cross-shareholdings to build relationships with business partners, reviewing each holding every fiscal year, and selling shares whose significance has diminished continues. - FY2023RestatedAnnual report
「For the sustainable growth of the company, as part of its business strategy and to build good relationships with business partners and facilitate the smooth conduct of business, the company holds shares in companies whose ownership it considers necessary. Under its basic policy of reducing as quickly as possible cross-shareholdings whose significance is considered to have diminished, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year and, if any shares are not considered to contribute to the sustainable growth of the group and the improvement of corporate value over the medium to long term, sells them in a timely and appropriate manner.」
The policy of holding cross-shareholdings to build relationships with business partners, reviewing holdings every fiscal year through the Board of Directors, and selling shares whose significance has diminished continues. - FY2022RestatedAnnual report
「For the sustainable growth of the company, as part of its business strategy and to build good relationships with business partners and facilitate the smooth conduct of business, the company holds shares in companies whose ownership it considers necessary. Under its basic policy of reducing as quickly as possible cross-shareholdings whose significance is considered to have diminished, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year and, if any shares are not considered to contribute to the sustainable growth of the group and the improvement of corporate value over the medium to long term, sells them in a timely and appropriate manner.」
The policy of holding cross-shareholdings to build relationships with business partners, reviewing holdings every fiscal year through the Board of Directors, and selling shares whose significance has diminished continues. - FY2021RestatedAnnual report
「For the sustainable growth of the company, as part of its business strategy and to build good relationships with business partners and facilitate the smooth conduct of business, the company holds shares in companies whose ownership it considers necessary. Under its basic policy of reducing as quickly as possible cross-shareholdings whose significance is considered to have diminished, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year and, if any shares are not considered to contribute to the sustainable growth of the group and the improvement of corporate value over the medium to long term, sells them in a timely and appropriate manner.」
The policy of holding cross-shareholdings to build relationships with business partners, reviewing holdings every fiscal year through the Board of Directors, and selling shares whose significance has diminished continues. - FY2020RestatedAnnual report
「For the sustainable growth of the company, as part of its business strategy and to build good relationships with business partners and facilitate the smooth conduct of business, the company holds shares in companies whose ownership it considers necessary. Under its basic policy of reducing as quickly as possible cross-shareholdings whose significance is considered to have diminished, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year and, if any shares are not considered to contribute to the sustainable growth of the group and the improvement of corporate value over the medium to long term, sells them in a timely and appropriate manner.」
The policy of holding shares to build relationships with business partners, reviewing holdings every fiscal year through the Board of Directors, and selling shares whose significance has diminished continues. - FY2019In addition to strengthening business relationships, the company explicitly stated its policy of reviewing and reducing cross-shareholdings each fiscal yearAnnual report
「For the sustainable growth of the company, as part of its business strategy and to build good relationships with business partners and facilitate the smooth conduct of business, the company holds shares in companies whose ownership it considers necessary. Under its basic policy of reducing as quickly as possible cross-shareholdings whose significance is considered to have diminished, the Board of Directors verifies the significance of each individual cross-shareholding every fiscal year and, if any shares are not considered to contribute to the sustainable growth of the group and the improvement of corporate value over the medium to long term, sells them in a timely and appropriate manner.」
In addition to the existing policy of holding shares to strengthen business relationships, the company explicitly stated that the Board of Directors will review each holding every fiscal year and reduce or sell shares whose significance has diminished. - FY2018First statedAnnual report
「Specific investment shares: Komatsu Ltd. 345,785 1,296,693. For the purpose of strengthening business relationships and other relationships.” “A. Number of shares and total balance sheet amount of investment shares held for purposes other than pure investment: 11 issues, ¥1,618,311 thousand”」
For investment shares held for purposes other than pure investment, the company states that the purpose of holding them is to strengthen business relationships and other relationships.