Shareholdings Held to Maintain and Strengthen Business and Cooperative Relationships
First written in FY2016. 6 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2025.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「Stocks for which the number of shares decreased during the fiscal year / Unlisted stocks 1 / Stocks other than unlisted stocks 14」
Based on a review of the rationale for the holdings and the policy of reducing them, the company reduced the number of shares held in 1 unlisted stock and 14 listed stocks. - FY2023AdvancedAnnual report
「Stocks for which the number of shares decreased during the fiscal year / Unlisted stocks 7 / Stocks other than unlisted stocks 13」
Based on a review of whether the holdings remained appropriate in light of the cost of capital, the company reduced the number of shares held in 7 unlisted stocks and 13 listed stocks. - FY2022AdvancedAnnual report
「Stocks for which the number of shares decreased during the fiscal year / Unlisted stocks 2 / Stocks other than unlisted stocks 4」
Based on the annual Board of Directors review and the policy of reducing policy shareholdings, the company reduced the number of shares held in 2 unlisted stocks and 4 listed stocks. - FY2021AdvancedAnnual report
「Stocks for which the number of shares decreased during the fiscal year / Unlisted stocks 2 / Stocks other than unlisted stocks 8」
Based on the annual Board of Directors review and the policy of reducing policy shareholdings that lack a rational basis, the company reduced the number of shares held in 8 listed stocks and other holdings. - FY2020AdvancedAnnual report
「For each individual holding, the company reports to the Board of Directors every year on the rationale for continuing to hold the shares, including the appropriateness of the holding purpose and profitability in light of the cost of capital. After conducting a comprehensive review, the company will gradually reduce holdings for which no rational basis for continued ownership is recognized.」
Under the policy of reducing holdings based on the annual Board of Directors review, the company sold shares during the fiscal year, including 10 listed stocks. - FY2019AdvancedAnnual report
「For each individual holding, the company reports to the Board of Directors every year on the rationale for continuing to hold the shares, including the appropriateness of the holding purpose and profitability in light of the cost of capital. After conducting a comprehensive review, the company will gradually reduce holdings for which no rational basis for continued ownership is recognized.」
The company stated its policy of conducting an annual Board of Directors review of shareholdings held to maintain business relationships, taking the cost of capital into account, and reducing holdings that lack a rational basis. - FY2016First statedAnnual report
「HONDA MOTOR CO.,LTD. is a major customer in the automobile carrier and container shipping businesses, and the purpose is to maintain and strengthen the business relationship.」
The company held 190 stocks other than those held for pure investment purposes, with a total value of ¥84,141 million, for the purpose of maintaining and strengthening relationships with major customers and business partners.