Maintaining and Strengthening Business Relationships through Cross-Shareholdings and Regular Reviews
First written in FY2019. 1 of 4 entries say "Restated". Latest entry: FY2025.
- FY2025Strategic-shareholding sales record updatedAnnual report
「Holdings whose number of shares decreased during the fiscal year Unlisted shares 1 3,016 / Shares other than unlisted shares 1 12,291」
The company disclosed a decrease in 1 unlisted shareholding and 1 shareholding other than unlisted shares. It continues its policy of reducing holdings when continued ownership is not appropriate, following the Board of Directors' review of cost of capital, economic rationality and future prospects. - FY2021Review and sale of strategic shareholdingsAnnual report
「Regarding the significance of holding each individual shareholding, the company determines whether to invest after comprehensively considering the benefits it obtains from maintaining and strengthening business relationships and its cost of capital. The Board of Directors verifies the cost of capital, economic rationality and future prospects, and the company will consider reducing its strategic shareholdings when it determines that continued ownership is not appropriate.」
The company added cost of capital, economic rationality and future prospects to its review of strategic shareholdings and explicitly stated that it would consider reducing holdings when continued ownership is not appropriate. As of the filing date, all shares of 富士電機 had been sold. - FY2020RestatedAnnual report
「The company also regularly reviews individual policy-held shares and verifies the appropriateness of continuing to hold them.」
The company continues to pursue a policy of holding strategic shareholdings from the perspectives of enhancing corporate value and strengthening relationships with business partners, while regularly reviewing each individual holding. - FY2019First statedAnnual report
「Cooperative relationships with various companies are essential for the company to continue achieving sustainable growth. Accordingly, it classifies certain shares as strategic shareholdings based on a comprehensive assessment from the perspectives of enhancing corporate value and strengthening relationships with business partners, among others. It also regularly reviews each strategic shareholding and verifies the appropriateness of holding it.」
The company newly stated a policy of holding strategic shareholdings as a means of enhancing corporate value and strengthening relationships with business partners, while regularly reviewing the appropriateness of each individual holding.