Shareholdings to Strengthen Ties with Business Partners and Financial Institutions
First written in FY2016. 4 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026Sold 3 holdings other than unlisted sharesAnnual report
「Shares other than unlisted shares 3 390」
Regarding strategic shareholdings, the Company continued its review of the rationale for holdings and its policy of disposing of or reducing shares with limited strategic significance, and sold 3 holdings for ¥390 million during the period. - FY2025Sold 1 cross-held equity securityAnnual report
「Shares other than unlisted shares 1 17」
Regarding strategic shareholdings, the Company continued its annual June review of the rationale for holdings, Board of Directors approval, and policy of disposing of or reducing shares with limited strategic significance, while selling 1 holding during the fiscal year. - FY2024Additional acquisition of cross-shareholdingsAnnual report
「In exercising voting rights attached to shares held by the Company, the Company makes decisions based on a comprehensive assessment of whether the exercise is expected to enhance the medium- to long-term corporate value of the Company and the investee company, among other factors. Unlisted shares 1 104 Expansion of sales of new products and securing the sales area」
While continuing its annual June review of the rationale for holdings, Board of Directors approval and its policy of disposing of or reducing shares with limited strategic significance, the Company acquired 1 unlisted shareholding for ¥104 million to expand sales of new products and secure the sales area. - FY2023AdvancedAnnual report
「Unlisted shares 1 150 Expansion of sales of new products and securing the sales area」
While continuing its policy of reviewing the rationale for strategic shareholdings once a year in June and obtaining Board of Directors approval, the Company acquired 1 unlisted shareholding for ¥150 million during the fiscal year for the purpose of expanding sales of new products and securing the sales area. - FY2021Policy on disposing of or reducing shares with limited strategic significance explicitly statedAnnual report
「The Company intends to dispose of or reduce the relevant shares as promptly as possible where it considers their strategic significance to be limited. Based on the above policy, the rationale for the holdings is reviewed once a year in June from the perspectives of the acquisition background, current transaction value and potential future business, as well as the degree to which the holdings contribute to the Company's sustainable growth, and, as with investment shares held for pure investment purposes, from the perspectives of earnings and dividend yield. The Board of Directors approves whether to continue holding the shares.」
In addition to continuing the annual review of the rationale for holdings in June, the Company added a policy of promptly disposing of or reducing shares with limited strategic significance. - FY2019Annual review of the rationale for shareholdings explicitly statedAnnual report
「The rationale for the holdings is reviewed once a year in June from the perspectives of earnings, dividend yield and whether the holdings contribute to the Company's sustainable growth, and the Board of Directors approves whether to continue holding them.」
The procedure is explicitly stated under which the rationale for strategic shareholdings is reviewed once a year in June and the Board of Directors approves whether to continue holding them. - FY2017RestatedAnnual report
「The purposes of the holdings are to strengthen relationships with major business partners, major financial institutions, local companies and local affiliated companies.」
The Company has reconfirmed its policy of holding strategic shares to strengthen relationships with business partners, financial institutions and local companies. - FY2016First statedAnnual report
「The purposes of the holdings are to strengthen relationships with major business partners, major financial institutions, local companies and local affiliated companies.」
The purpose of strategic shareholdings is explained as strengthening relationships with major business partners, financial institutions and local companies.