Strategic investments to strengthen relationships with business partners
First written in FY2016. 5 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 16 of 138 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The number of holdings in the fiscal year ending March 2026 was 16 listed holdings, a decrease of 2 from the fiscal year ended March 2025.」
The company continued its annual Board of Directors reviews of individual holdings and decisions on whether to continue holding or dispose of them, reducing the number of listed strategic holdings by 2 from the previous fiscal year to 16. - FY2025AdvancedAnnual report
「The number of holdings in the fiscal year ended March 2025 was 18 listed holdings, a decrease of 2 from the fiscal year ended March 2024.」
The company continued its annual Board of Directors reviews and decisions on whether to continue holding or dispose of strategic shareholdings, reducing the number of listed holdings by 2 from the previous fiscal year to 18. - FY2023AdvancedAnnual report
「As a result, the number of listed holdings decreased from 28 in the fiscal year ended March 2016 to 20 in the fiscal year ended March 2023.」
The company continued its individual reviews of strategic shareholdings and its decisions on whether to continue holding or dispose of them, reducing the number of listed holdings from 28 to 20. - FY2021AdvancedAnnual report
「Each July, the Board of Directors verifies each individual holding based on the above policy and method for verifying the rationale for holdings, and determines whether to continue holding or dispose of it. As a result, the number of listed holdings decreased from 28 in the fiscal year ended March 2016 to 23 in the fiscal year ended March 2021.」
The company continues to conduct individual reviews of strategic shareholdings and determine whether to continue holding or dispose of them, and discloses that the number of listed holdings decreased from 28 to 23. - FY2019AdvancedAnnual report
「We hold shares in companies that we determine will contribute to the smooth promotion of our Group's businesses through the maintenance and development of good business relationships. Each year, the Board of Directors verifies, for each strategic shareholding, the appropriateness of the holding purpose and the relationship between the benefits and risks associated with the holding and the cost of capital, and determines whether the holding is appropriate.」
The company specifically discloses its annual process for the Board of Directors to verify the purpose of strategic shareholdings and the relationship between their benefits and risks and the cost of capital. - FY2018RestatedAnnual report
「Strategic investments in shares to strengthen business relationships through share ownership」
The company has reiterated that the purpose of its strategic investments is to strengthen relationships with business partners. - FY2017RestatedAnnual report
「Strategic investments in shares to strengthen business relationships through share ownership」
The company has reiterated that the purpose of its strategic investments is to strengthen relationships with business partners. - FY2016First statedAnnual report
「Strategic investments in shares to strengthen business relationships through share ownership」
The purpose of holding shares other than for pure investment is to strengthen relationships with business partners.