Holding and reviewing the rationale for strategic shareholdings held for business alliances, stable procurement and business relationships
First written in FY2020. 1 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026Sold 3 strategic shareholdingsAnnual report
「During the fiscal year, we sold 3 listed stocks for ¥254 million. Going forward, after reviewing whether holdings remain appropriate, stocks for which we determine that there is no recognized significance or rationality in continuing to hold them will be considered for reduction, and we will work to reduce such holdings while engaging in dialogue with the companies concerned.」
The company continued its policy of verifying the rationale for and reducing policy-held shares, and sold 3 listed stocks during the year for ¥254.813 million. - FY2025Sale of 6 policy-held stocksAnnual report
「During the fiscal year, we sold 6 listed stocks for ¥61 million. Going forward, after reviewing whether holdings remain appropriate, stocks for which we determine that there is no recognized significance or rationality in continuing to hold them will be considered for reduction, and we will work to reduce such holdings while engaging in dialogue with the companies concerned.」
The company continued its policy of verifying the rationale for and reducing policy-held shares, and sold 6 listed stocks during the year for ¥61.011 million. - FY2024Sold 4 strategic shareholdingsAnnual report
「During the fiscal year, we sold 4 listed stocks for ¥105 million. Going forward, after reviewing whether holdings remain appropriate, stocks for which we determine that there is no recognized significance or rationality in continuing to hold them will be considered for reduction, and we will work to reduce such holdings while engaging in dialogue with the companies concerned.」
The company continued its policy of verifying the rationale for and reducing policy-held shares, and sold 4 listed stocks during the year. - FY2024-Q3Sale of investment securities and investment to strengthen new relationshipsAnnual report
「This was mainly due to an increase in cash from the sale of investment securities and a decrease in cash from the acquisition of property, plant and equipment.」
The company recorded a ¥86.318 million gain on sales of investment securities and received proceeds from the sale of investment securities. Meanwhile, it resolved to invest in an investment limited partnership to strengthen relationships with regional group companies. - FY2024-Q2Sale of investment securitiesAnnual report
「This was mainly due to an increase in cash from the sale of investment securities and a decrease in cash from the acquisition of property, plant and equipment.」
In connection with the policy of verifying the rationale for and reducing policy-held shares, the company recorded ¥105.855 million in proceeds from the sale of investment securities and a ¥86.153 million gain on sales of investment securities. - FY2023Sale of 2 cross-held sharesAnnual report
「During the fiscal year, we sold 2 listed stocks for ¥29 million. Going forward, after reviewing whether holdings remain appropriate, stocks for which we determine that there is no recognized significance or rationality in continuing to hold them will be considered for reduction, and we will work to reduce such holdings while engaging in dialogue with the companies concerned.」
While continuing to verify the rationale for policy-held shares, the company sold 2 listed stocks during the year for ¥29.894 million. - FY2022Partial sale of cross-shareholdingsAnnual report
「To enhance sustainable growth and social and economic value, the company holds shares in companies deemed necessary as part of its management strategy, including for business alliances and stable procurement of products, and to build good relationships with business partners and local communities and facilitate the smooth advancement of its business.」
While continuing its policy on strategic shareholdings and rationale reviews, the company sold 1 listed shareholding during the fiscal year and acquired shares in 2 companies through business-partner employee shareholding associations. - FY2021RestatedAnnual report
「To enhance sustainable growth and social and economic value, the company holds shares in companies deemed necessary as part of its management strategy, including for business alliances and stable procurement of products, and to build good relationships with business partners and local communities and facilitate the smooth advancement of its business.」
The company continues to maintain its policy on strategic shareholdings held for business alliances, stable procurement of products, and building relationships with business partners and local communities, as well as rationale reviews by the Board of Directors and other bodies. - FY2020First statedAnnual report
「To enhance sustainable growth and social and economic value, the company holds shares in companies deemed necessary as part of its management strategy, including for business alliances and stable procurement of products, and to build good relationships with business partners and local communities and facilitate the smooth advancement of its business.」
The policy on strategic shareholdings held for business alliances, stable procurement of products, and building relationships with business partners and local communities was identified for the first time. The rationale was reviewed by the Board of Directors and other bodies, and all holdings were deemed rational to retain.