Holding investment shares to maintain and strengthen business relationships
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2025ReframedAnnual report
「As its basic policy, the company strategically and selectively holds cross-shareholdings when, based on the trends of the investee company, the status of business transactions, the market value of the shares held and other factors, maintaining and strengthening stable business relationships with the company is deemed to contribute to enhancing the company's corporate value.」
The policy on cross-shareholdings is described as strategic and selective ownership, subject not only to maintaining and strengthening business relationships but also to contributing to corporate value. The number of holdings is 12, with a carrying amount of ¥1,393,188 thousand. - FY2020RestatedAnnual report
「Investment shares held for purposes other than pure investment are held for the purpose of maintaining and strengthening business relationships. The appropriateness of continuing to hold them is determined by the Board of Directors after considering medium- to long-term economic rationality and other factors.」
The company has reconfirmed its policy of holding strategic shares for the purpose of maintaining and strengthening business relationships, as well as its policy of considering continued ownership at Board of Directors meetings. - FY2018First statedAnnual report
「Specified investment shares Held for the purpose of maintaining and strengthening business relationships.」
The company has, for the first time, created a thread regarding its policy of holding specified investment shares for the purpose of maintaining and strengthening business relationships. At the end of the fiscal year, it held 12 issues of investment shares for purposes other than pure investment, with a total balance-sheet carrying amount of ¥1,187,679 thousand.