Verification of the Rationale for Strategic Shareholdings and Sale Where Necessary
First written in FY2019. 5 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 6 105 For new acquisitions to strengthen intercompany transactions and acquisitions through the employee shareholding association」
For strategic shareholdings, the Company acquired 6 issues for a total of ¥105 million and sold 7 issues for a total of ¥1,555 million. Following the termination of its partnership with RESTAR, the Company had sold all shares in that company as of the filing date. - FY2025AdvancedAnnual report
「(Issues for which the number of shares increased during the current fiscal year) Shares other than unlisted shares 7 3,120 (Issues for which the number of shares decreased during the current fiscal year) Shares other than unlisted shares 4 1,511」
For strategic shareholdings, the Company discloses the acquisition of 7 issues for total acquisition costs of ¥3,120 million and the sale of 4 issues for total sale proceeds of ¥1,511 million. RESTAR shares were acquired for the purpose of building a strategic partnership. - FY2020AdvancedAnnual report
「(Issues for which the number of shares decreased during the current fiscal year) Shares other than unlisted shares 2 467」
For strategic shareholdings, the Company reports the sale of 2 issues other than unlisted shares during the current fiscal year, with total sale proceeds of ¥467 million. - FY2019First statedAnnual report
「The Accounting Department regularly reviews the status of transactions, dividends and other matters involving the companies in which shares are held. Shares deemed to have lost the rationale for strategic holdings are sold following approval by the Representative Director and President. The Board of Directors also considers the results of the Accounting Department's review and, as necessary, examines and decides whether to continue the strategic holdings.」
The Company discloses for the first time, as an independent item, its operating policy for strategic shareholdings: reviewing transactions and dividends, selling holdings where their rationale has diminished, and having the Board of Directors consider whether to continue holding them.