Strategic Shareholdings Held to Maintain Business Relationships and Enhance Corporate Value
First written in FY2019. 5 of 7 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
「Keio Corporation 15,276 13,386 50,963 58,913」
Acquisitions through a business partner shareholding association increased the company's holdings of Keio Corporation shares from 13,386 shares to 15,276 shares. The policy of reviewing cross-shareholdings once a year remains in place. - FY2025AdvancedAnnual report
「Keio Corporation 13,386 11,606 50,963 48,423」
Acquisitions through a business partner shareholding association increased the company's holdings of Keio Corporation shares from 11,606 shares to 13,386 shares. The policy of having the Board of Directors review the significance and economic rationale of holdings once a year remains in place. - FY2024AdvancedAnnual report
「Issues with increased shareholdings during the fiscal year Shares other than unlisted shares 1 6,385 Acquisition through a business partner shareholding association」
Regarding cross-shareholdings, holdings of Keio Corporation shares increased from 10,229 shares to 11,606 shares through acquisitions via a business partner shareholding association. The review as of 31 March 2024 also confirmed that all shares currently held are purpose-driven holdings in line with the holding policy. - FY2023AdvancedAnnual report
「(Reason for the increase in the number of shares) Acquisition of shares through an employee shareholding association for business partners」
Regarding cross-shareholdings, the company acquired Keio Corporation shares through a business partner shareholding association, increasing its holdings from 8,947 shares to 10,229 shares. A review based on 31 March 2023 confirmed that all shares held were purpose-driven holdings in line with the holding policy. - FY2022AdvancedAnnual report
「The company designates a lead department for each shareholding and determines whether to continue holding it after comprehensively considering its strategic significance and economic rationale. For listed shares, the Board of Directors reviews each issue once a year to assess the achievement of its acquisition purpose, medium- to long-term economic rationale and future outlook, and determines whether to continue holding it.」
It specifies a procedure for cross-shareholdings under which a lead department is assigned and the Board of Directors reviews the significance and economic rationale of each holding once a year. - FY2022-Q1RestatedAnnual reportThis quarterly report contains no material change to the policy on cross-shareholdings.
- FY2019First statedAnnual report
「The company considers growth from a medium- to long-term perspective important. Accordingly, it holds shares in companies when it determines that doing so will contribute to the continuation of its business or enhancement of corporate value. It has a policy of not holding shares for pure investment purposes.」
It has stated for the first time that it holds shares in companies that contribute to business continuity or the enhancement of corporate value as cross-shareholdings, and does not hold shares for pure investment purposes.