Strategic Shareholdings: Holding, Maintaining Business Relationships and Review
First written in FY2019. 1 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026Sale of 4 cross-shareholdings and acquisition of 2Annual report
「During the fiscal year, all shares in 4 holdings other than unlisted shares were sold.」
The company sold all shares in 4 cross-shareholdings and acquired shares in 2 holdings through business partner shareholding associations. It confirmed that the currently held shares are held for purposes consistent with its holding policy. - FY2022RestatedAnnual report
「The company confirmed that all currently held cross-shareholdings are held for purposes consistent with its holding policy.」
The company reconfirmed its policy of holding cross-shareholdings to maintain medium- to long-term relationships with business partners and having directors review the rationale for those holdings. It also reported an increase in the number of shares held in 2 holdings through business partner shareholding associations during the fiscal year. - FY2021Confirmation of rationale for cross-shareholdings and increase in 2 holdingsAnnual report
「The increase in the number of shares resulted from acquisitions through a business partner shareholding association, in order to maintain a better relationship going forward.」
The number of shares held in 2 cross-shareholdings increased through business partner shareholding associations. The company confirmed that all currently held cross-shareholdings are held for purposes consistent with its holding policy. - FY2020Sale of cross-shareholdings and confirmation of rationale for holdingsAnnual report
「We tendered our shares in response to the tender offer associated with the management integration of ㈱ユーシン and MINEBEA MITSUMI Inc. and sold all of them.」
The company sold all shares of 1 cross-shareholding in response to a tender offer. It also confirmed that all currently held cross-shareholdings are held for purposes consistent with its holding policy. - FY2019First statedAnnual report
「We generally hold cross-shareholdings in the shares of business partners in order to maintain stable business relationships over the medium to long term. We review these holdings as appropriate, taking into account the business and transaction status of each business partner. Specific measures are reviewed by the directors and, where necessary, submitted to the Board of Directors. We determine how to vote on proposals comprehensively from the perspective of enhancing the medium- to long-term corporate value of both our company and the investee.」
The company disclosed for the first time its policy of holding cross-shareholdings to maintain and strengthen medium- to long-term business relationships, having directors review the rationale for each holding and referring matters to the Board of Directors as necessary, and exercising voting rights from the perspective of enhancing corporate value.