Komori
Nichiryoku (7578) · PolicyReframed

Continuation and reduction of strategic shareholdings held for business alliances and other purposes

First written in FY2019. 1 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2026.

4entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2020 – FY20212019: 120192020: 120202021: 120212022: 020222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies
Verifying the Rationale for Holding Cross-ShareholdingsA theme 1258 companies write about · 1 as a headwind · 666 as a tailwind
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Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「We hold shares that we have determined will contribute to enhancing our corporate value over the medium to long term, for purposes including promoting digital transformation through collaboration with us, improving operational efficiency, promoting business alliances, creating business synergies and strengthening relationships.」

    The company has moved from holding no investment shares to a policy and record of holding 1 unlisted issue for purposes including promoting DX, improving operational efficiency and pursuing business alliances.
  2. FY2021AchievedAnnual report

    「As of the end of the fiscal year, our basic policy is not to hold investment shares for pure investment purposes and, with respect to investment shares held for purposes other than pure investment, to hold shares in companies that we determine to be necessary. …」

    At the end of the fiscal year, no investment shares held for purposes other than pure investment met the criteria, confirming that no strategic shareholdings remained after the sale of the capital-alliance shares in the previous fiscal year.
  3. FY2020AdvancedAnnual report

    「株式会社サン・ライフホールディング - 360,000 Termination of capital alliance」

    Regarding strategic shareholdings, the company sold 360,000 shares of 株式会社サン・ライフホールディング in connection with the dissolution of the capital alliance, reducing its shareholding to zero.
  4. FY2019First statedAnnual report

    「Our basic policy is to dispose of or reduce, as promptly as possible, investment shares held for purposes other than pure investment where we consider the significance of holding them to be limited. The Board of Directors and other bodies deliberate on these matters as appropriate, verify the significance and economic rationality of holding each individual issue, and review whether to continue holding it and the number of shares held.」

    For the first time, the company explicitly states its policy of holding shares for management strategy purposes, such as business alliances, while verifying the significance and economic rationality of each holding and disposing of or reducing holdings whose significance is limited.
Moved together

"Advertising and Contract-Volume Risk for Indoor Mausoleum Burials" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22222★12345
  1. ★This thread
  2. 1Advertising and Contract-Volume Risk for Indoor Mausoleum Burials2×
  3. 2Debt Guarantees to Religious Corporations and Other Entities and Exposure to Development Projects2×
  4. 3Financial Covenants under the Syndicated Loan2×
  5. 4Financial Covenants as Guarantor of the Religious Corporation 威徳寺2×
  6. 5Returning profits based on a payout ratio of 30% or more2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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