Shareholdings held to strengthen business relationships and maintain stable business relationships
First written in FY2018. 6 of 8 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
「Issues for which the number of shares decreased during the fiscal year: unlisted shares, 2; total sale proceeds from the reduction in the number of shares: ¥2,104 million」
The company sold 2 unlisted shareholdings for ¥2,104 million, undertaking asset sales to secure funds for growth investments. It also recognised a gain on the sale of shares in affiliated companies of ¥221.972 million. - FY2025-H1ReframedAnnual report
「To fund demand for large-scale investments under its future growth strategy, including offshore wind-related businesses, the company will sell part of its holdings in shares of affiliated companies and investment securities.」
The company indicated a policy of selling part of its shareholdings, which had been held to maintain business relationships and promote its businesses, to secure funds for large-scale investments under its growth strategy. The disclosure has shifted from focusing on holding and acquiring shares to also monetising assets through sales. - FY2023AdvancedAnnual report
「The company increased its shareholding in one unlisted company to develop systems and other measures related to the safe operation of vessels in the towing business.」
With respect to shareholdings held to strengthen business and partnership relationships, the company acquired shares worth ¥29.708 million to develop systems and other measures related to the safe operation of vessels. - FY2022AdvancedAnnual report
「The company increased its shareholding in one unlisted company to improve operational efficiency in the towing business through the DX transformation of systems linking its shore-based and maritime operations. It also increased its shareholding in one company other than an unlisted company to further strengthen its relationship with a business partner engaged in the passenger shipping business, share information with the company, which also has expertise in the sightseeing boat business, and work together to improve the profitability of the Group's passenger shipping business company.」
With respect to shareholdings held to strengthen business and partnership relationships, the company acquired unlisted shares worth ¥25 million for DX initiatives and made an additional acquisition of shares in a passenger shipping partner worth ¥117.515 million. - FY2021AdvancedAnnual report
「Because a consolidated subsidiary in the passenger shipping and Yokohama sightseeing boat businesses suffered a substantial decline in revenue and a shortage of working capital due to the spread of COVID-19, the company acquired shares in that subsidiary, which it had held to strengthen its sales capabilities in cooperation with local companies, with a view to continuing the business.」
With respect to shareholdings held to strengthen business relationships and for other purposes, the company acquired shares to ensure the continued operation of its passenger shipping subsidiary. It made a similar acquisition for its car ferry subsidiary. - FY2020AdvancedAnnual report
「The company increased its shareholding in one unlisted company to strengthen business relationships with a company operating ocean-going and coastal chemical tankers. It also increased its shareholding in one company other than an unlisted company to further strengthen its relationship with a business partner engaged in the passenger shipping business, share information with the company, which also has expertise in the sightseeing boat business, and work together to improve the profitability of the Group's passenger shipping business company.」
The company increased its holdings in 2 companies to strengthen business and passenger shipping partnerships. It also specified the objective of improving the profitability of its passenger shipping business company through information sharing and cooperation with its investees. - FY2019AdvancedAnnual report
「Reason for the increase in the number of shares: to strengthen business relationships and promote business at Kawasaki Port」
The company specified a policy of holding shares for purposes other than pure investment, including strengthening business relationships, maintaining stable transactions, pursuing strategic alliances and cooperating with local companies, and acquired an additional 20,000 shares of Toyo Wharf & Warehouse Co., Ltd. to promote business at Kawasaki Port. - FY2018First statedAnnual report
「Strengthening business relationships」
The company held shares in 24 companies for purposes other than pure investment, stating that the purposes were to strengthen business relationships, maintain stable business relationships, promote its business, and strengthen cooperation with local companies and promote industry.