Shareholdings for Stable Procurement and Business Relationships
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Following its review for the current fiscal year at the Board of Directors meeting held on 7 October 2025, the company determined that continued ownership was appropriate because the holdings were found to provide benefits from the perspective of maintaining and strengthening its overall relationships with business partners.」
The company conducted a Board of Directors review of its cross-shareholdings for the current fiscal year and determined that continued ownership was appropriate from the perspective of maintaining and strengthening relationships with business partners. - FY2022AdvancedAnnual report
「Following its review for the current fiscal year at the Board of Directors meeting held on 7 December 2021, the company determined that continued ownership was appropriate because the holdings were found to provide benefits from the perspective of maintaining and strengthening its overall relationships with business partners.」
The company states that, following individual reviews of cross-shareholdings for the current fiscal year by the Board of Directors, it determined that continued ownership was appropriate. - FY2021RestatedAnnual report
「For the cross-shareholdings currently held, the Board of Directors individually scrutinises and verifies the benefits and risks of each holding from a comprehensive perspective, taking into account business relationships with business partners and the cost of capital, and determines whether continued ownership is necessary.」
The company continues its policy of individually reviewing cross-shareholdings at Board of Directors meetings, taking into account their benefits and risks, business relationships and the cost of capital, and determining whether continued ownership is necessary. - FY2020First statedAnnual report
「Our policy is to hold shares in companies deemed necessary to ensure stable procurement of raw materials and build sound relationships with business partners, thereby facilitating the smooth advancement of our business and enhancing sustainable growth as well as social and economic value.」
The company states that it holds shares in companies where necessary to ensure stable procurement of raw materials and build relationships with business partners, and that it reviews the rationale for these holdings annually at meetings of the Board of Directors and other bodies.