Review of shareholdings held to maintain and expand financial business relationships
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 16 of 137 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「Shares other than unlisted shares 1 1,910 Facilitation of business relationships」
Regarding cross-shareholdings, the company acquired 1 issue for ¥1,910 thousand to facilitate business relationships, and increased its holdings of shares in Sumitomo Mitsui Financial Group from 200 to 600 shares. - FY2023RestatedAnnual report
「At meetings of the Board of Directors and other bodies, the Company verifies whether it is appropriate to continue holding the shares based on the business benefits arising from the status of transactions with the investee, the market value of the shares, dividend income and other aspects of economic rationality.」
The company continues its policy of verifying whether continued ownership of cross-shareholdings is appropriate based on transaction-related benefits, market value and dividend income. - FY2020First statedAnnual report
「The Company’s objective is to maintain and expand stable financial business relationships through shareholdings. At meetings of the Board of Directors and other bodies, the Company verifies whether it is appropriate to continue holding the shares based on the business benefits arising from the status of transactions with the investee, the market value of the shares, dividend income and other aspects of economic rationality.」
Regarding cross-shareholdings, the company states that it verifies whether continued ownership is appropriate based on the objective of maintaining and expanding financial business relationships, as well as transaction-related benefits, market value and dividend income.