Strategic Shareholdings Held to Maintain Business Relationships and Pursue Business Alliances
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2024.
The whole theme swung hardest in 2019: 17 of 137 companies on the "Worse" side.
- FY2024Acquisition of unlisted shares to develop environmentally friendly productsAnnual report
「Unlisted shares: 1 issue, ¥100 million, for the development and promotion of environmentally friendly products」
While reducing strategic shareholdings as its basic policy, the company acquired 1 unlisted issue at an acquisition cost of ¥100 million for the development and promotion of environmentally friendly products. - FY2023AdvancedAnnual report
「Issues whose number of shares decreased during the fiscal year: shares other than unlisted shares, 2 issues, ¥11 million」
While reducing strategic shareholdings as its basic policy, the company reduced its listed shareholdings by 2 issues, representing total sale proceeds of ¥11 million. - FY2022AdvancedAnnual report
「Shares other than unlisted shares: 6 issues, ¥506 million」
While reducing strategic shareholdings as its basic policy, the number of listed issues fell from 7 in the previous fiscal year to 6, and the company reports a decrease of 2 issues in the current fiscal year. - FY2021AdvancedAnnual report
「Shares other than unlisted shares: 7 issues, ¥48 million」
While reducing strategic shareholdings as its basic policy, the company sold 7 listed issues and recorded total sale proceeds of ¥48 million. - FY2020ReframedAnnual report
「The basic policy is to reduce holdings of investment shares held for purposes other than pure investment. However, the company makes such investments on an exceptional basis following a comprehensive assessment of whether they will contribute to its growth or future business development.」
The company has shifted its explanation of strategic shareholdings from prioritizing the maintenance of business relationships to a policy of reducing them in principle, with exceptions only where they contribute to growth or business development. - FY2017First statedAnnual report
「(b) Number of issues and total balance-sheet carrying amount of investment shares held for purposes other than pure investment: 16 issues, ¥401 million」
The company explains that its strategic shareholdings are held to maintain business relationships, expand exposure for new products, capture customer needs, and collaborate on product development.