Review of Policy Shares Based on Cost of Capital and Business Relationships
First written in FY2019. 4 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the fiscal year, the matter was reported to a Board of Directors meeting held in November. Unlisted shares 2 3,089 Promotion of the group's business strategy」
The company reported its review of cross-shareholdings to the November Board of Directors meeting and disclosed the acquisition of 2 unlisted shareholdings for ¥3.089 billion to promote the group's business strategy. - FY2023AdvancedAnnual report
「During the fiscal year, the matter was reported to a Board of Directors meeting held in November. Unlisted shares 4 669 Investments through the OricoDigitalFund and other investments with a view to collaborating with startups possessing advanced technologies」
The company reported its review of cross-shareholdings to the November Board of Directors meeting and disclosed the acquisition of 4 unlisted shareholdings for ¥669 million and the sale of 1 cross-shareholding for ¥431 million. - FY2021AdvancedAnnual report
「Unlisted shares 1 155 Investment through the Orico Digital Fund with a view to collaborating with startups possessing advanced technologies」
While continuing to review cross-shareholdings, the company made a ¥155 million investment in an advanced-technology startup through the Orico Digital Fund. - FY2020AdvancedAnnual report
「During the fiscal year, the matter was reviewed at a Board of Directors meeting held in October.」
The company conducted its annual Board of Directors review of cross-shareholdings. It also sold 1 unlisted shareholding and 2 listed shareholdings. - FY2019First statedAnnual report
「We will comprehensively examine the rationale for holding such shares, including the significance of maintaining and expanding stable business relationships with business partners and profitability in sales transactions, taking the cost of capital into account, and will consider selling them if we determine that continued ownership would not contribute to enhancing our corporate value.」
The company has for the first time stated its policy of deciding whether to continue holding or sell cross-shareholdings based on business relationships, profitability, the cost of capital and their contribution to corporate value.