Review of Strategic Shareholdings Held to Maintain Business Relationships and Enhance Corporate Value
First written in FY2019. 5 of 10 entries say "Advanced", first in FY2021. Latest entry: 2026-07-30.
- FY2026-H1AdvancedAnnual report
「Based on the financial strategy formulated in the company's Long-Term Management Plan 2030, announced on 30 July 2025, the company plans to improve asset efficiency through balance sheet management and sell financial assets, allocating the proceeds to investments in its safety foundation and growth strategies.」
The company has made specific its policy of selling financial assets, including cross-shareholdings, from the perspectives of financial strategy and asset efficiency, and reallocating the proceeds to investments in its safety foundation and growth. - FY2025AdvancedAnnual report
「The shares had been held to maintain and strengthen business relationships related to the procurement of automotive parts, but all shares were sold during the fiscal year.」
The company sold all of its shares in 知多鋼業. Its policy of regularly reviewing the purpose, transaction status, and benefits of its cross-shareholdings remains unchanged. - FY2024Updated cross-shareholding informationAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Number of issues (Issues) 1 Total sale proceeds related to the decrease in the number of shares (¥ thousands) 300」
During the fiscal year, the company sold one issue of unlisted shares, with total sale proceeds of ¥300,000. Its policy on holding such shares and reviewing them regularly remains unchanged. - FY2021AdvancedAnnual report
「During the fiscal year, we sold 673,400 of the shares in question that we held.」
In connection with the regular review of cross-shareholdings, the company sold 673,400 shares of Mitsubishi UFJ Financial Group. It also sold all of its shares in 尾張精機 in response to a tender offer. - FY2020RestatedAnnual report
「We will also determine whether holdings remain appropriate after regularly reviewing their purpose, transaction status, and the benefits associated with holding them.」
The company has reconfirmed its policy of regularly reviewing the purpose, transaction status, and benefits of its cross-shareholdings. - FY2019First statedAnnual report
「From a medium- to long-term perspective, we intend to hold cross-shareholdings when we determine that maintaining and strengthening relationships of trust and business relationships with companies, including those in the automotive industry, will contribute to enhancing our corporate value. We will also determine whether holdings remain appropriate after regularly reviewing their purpose, transaction status, and the benefits associated with holding them.」
The company has stated for the first time that it intends to hold cross-shareholdings to maintain and strengthen business and trust relationships and enhance corporate value, and to review their purpose, transaction status, and benefits regularly.