Strategic shareholdings held to maintain and strengthen business relationships
First written in FY2019. 1 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「Unlisted shares 2 ¥45 million Strengthening the relationship through a capital and business alliance」
Under its policy of maintaining and strengthening business relationships through strategic shareholdings, the company acquired 2 unlisted stocks for ¥45 million during the fiscal year and proceeded to strengthen the relationship through a capital and business alliance. - FY2024AchievedAnnual report
「Otsuka Holdings Co.,Ltd. — 5,000 — Sold all shares.」
The company completed the sale of all shares in Otsuka Holdings Co.,Ltd., for which it had indicated plans to sell in the previous filing. - FY2023Disclosure of plans to sell one stock holdingAnnual report
「We plan to sell the shares in the future. The timing and other details of the sale have not yet been determined.」
Regarding strategic shareholdings, while maintaining and strengthening business relationships as the basic policy, the company disclosed plans to sell its shares in Otsuka Holdings Co.,Ltd. in the future. - FY2021RestatedAnnual report
「Regarding the appropriateness of continued ownership, based on Principle 1-4 of the Corporate Governance Code, the Board of Directors annually evaluates and scrutinizes each issue, including recent transaction conditions, gains or losses on share valuation, annual dividends received, and the benefits and risks associated with ownership. Taking future prospects into account, shares judged to have little significance or economic rationale for continued ownership will be disposed of promptly and appropriately pursuant to a resolution of the Board of Directors.」
The policy of holding shares for the purpose of maintaining and strengthening business relationships, and the Board of Directors' annual review of each issue, continue. - FY2019First statedAnnual report
「The Company holds shares when it determines that doing so will contribute to the Group's medium- to long-term enhancement of corporate value, including by maintaining and strengthening smooth business relationships with business partners and monitoring and gathering information on the companies in which it holds shares.」
Strategic shareholdings are held to maintain and strengthen business relationships and gather information, and the Company states that the Board of Directors reviews annually whether continued ownership is appropriate.