Strategic Shareholdings Held to Maintain Business Relationships and Enhance Corporate Value
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 16 of 138 companies on the "Worse" side.
- FY2025RestatedAnnual report
「For shares with little strategic significance, after assessing the effects on the status of transactions and relationships with business partners, the Representative Director and President will decide whether to dispose of or reduce holdings of ¥10 million or more per issue, while the Board of Directors will decide for holdings of ¥50 million or more.」
It continues to hold cross-shareholdings to maintain and strengthen business relationships and enhance corporate value, with procedures for disposing of or reducing holdings that have little strategic significance. - FY2023RestatedAnnual report
「Going forward, we will continue to acquire and hold shares of business partners and others when doing so contributes to enhancing corporate value over the medium to long term. For shares with little strategic significance, we will assess the effects on the status of transactions and relationships with business partners before deciding through the Representative Director and President or the Board of Directors whether to dispose of or reduce the holdings.」
It continues to hold cross-shareholdings to maintain and strengthen business relationships and enhance corporate value over the medium to long term, with a policy of disposing of or reducing holdings that have little strategic significance. - FY2022First statedAnnual report
「Going forward, we will continue to acquire and hold shares of business partners and others when doing so contributes to enhancing corporate value over the medium to long term. With respect to these holdings, from the perspectives of the effects of stable business relationships and whether there are other effective uses of funds, we will assess the effects on the status of transactions and relationships with business partners before deciding through the Representative Director and President or the Board of Directors whether to dispose of or reduce holdings that have little strategic significance.」
It discloses a policy of holding cross-shareholdings to maintain and strengthen relationships with business partners and enhance corporate value over the medium to long term, and deciding whether to dispose of or reduce holdings with little strategic significance.