Cross-Shareholdings to Maintain and Strengthen Business Relationships
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Sale of cross-shareholdings; zero balanceAnnual report
「In the previous fiscal year, the company held the shares because the investee was a customer of its nursing-care products and welfare equipment manufacturing and sales business, in order to facilitate, maintain and strengthen the business relationship. Following the reduction resulting from the share exchange, it immediately sold the shares received in the exchange as well.」
Regarding cross-shareholdings, the company sold its shares in 株式会社エンチョー, which it had held in the previous fiscal year, reducing its holdings of listed shares to zero at the end of the current fiscal year. - FY2024RestatedAnnual report
「The company holds listed shares to maintain and strengthen long-term business relationships with its trading partners. Its basic policy is to hold cross-shareholdings only after carefully considering the synergies, including those arising from information sharing with the companies concerned.」
The company has reaffirmed its policy of holding cross-shareholdings for the purpose of maintaining and strengthening business relationships and generating synergies through information sharing and other activities. - FY2022First statedAnnual report
「The company holds listed shares to maintain and strengthen long-term business relationships with its trading partners. Its basic policy is to hold cross-shareholdings only after carefully considering the synergies, including those arising from information sharing with the companies concerned.」
For cross-shareholdings, the company has stated for the first time that maintaining and strengthening business relationships and the synergies arising from information sharing and other activities are the purposes and criteria for holding the shares.