Strengthening the Laser Business through an Equity Investment in Lumentum
First written in FY2016. 3 of 5 entries say "Advanced", first in FY2016. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026DroppedAnnual report
「Lumentum Holdings Inc. (Lumentum Holdings) — 654,126 shares. The shares had been held to maintain and strengthen business relationships in the laser business, but all shares were sold during the fiscal year.」
The entire Lumentum Holdings shareholding was sold, down from 654,126 shares held in the previous fiscal year, bringing the measure to strengthen the laser business through the shareholding to an end as described. - FY2025Reduction in the Lumentum shareholdingAnnual report
「Lumentum Holdings Inc. (Lumentum Holdings) 654,126 1,454,126」
The company's holdings of Lumentum Holdings shares, held to maintain and strengthen business relationships in the laser business, decreased from 1,454,126 shares to 654,126 shares, with a fair value at period-end of ¥6,097 million. - FY2019AdvancedAnnual report
「The number of shares increased because the company exercised its right to convert preferred shares of unlisted Lumentum Inc. (Lumentum) into common shares of listed Lumentum Holdings Inc. (Lumentum Holdings).」
The company converted its preferred shares of Lumentum into common shares of Lumentum Holdings and held 1,454,126 shares, recorded at ¥9,126 million on the balance sheet. - FY2017AdvancedAnnual report
「Promoting cost reductions by strengthening its partnership with a U.S. laser oscillator manufacturer」
Regarding the strengthening of the laser business, it describes cost reductions through a stronger partnership with a U.S. laser oscillator manufacturer, in addition to the capital investment. - FY2016AdvancedAnnual report
「(2) Strengthening the laser business through a capital investment in U.S.-based Lumentum」
As a specific action taken to strengthen the laser business, it states that the company made a capital investment in U.S.-based Lumentum.