Review of the Appropriateness of Strategic Shareholdings Held to Promote Business and Enhance Corporate Value
First written in FY2020. 3 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2024.
- FY2024AdvancedAnnual report
「Reason for increase in number of shares: To strengthen production capacity for large-scale projects」
Under its policy of reviewing whether to hold cross-held shares based on business promotion and enhancing corporate value, the company acquired 1 unlisted issue at an acquisition cost of ¥135 million. - FY2023AdvancedAnnual report
「Reason for increase in number of shares: To expand the infrastructure management business using drones」
Under its policy of reviewing whether to hold cross-held shares based on business promotion and enhancing corporate value, the company acquired 1 unlisted issue for ¥110 million to expand its infrastructure management business using drones. - FY2022AdvancedAnnual report
「The company had held the shares mainly to maintain and develop business relationships for the expansion and strengthening of its spatial information consulting business, but as its holding purpose changed along with changes in the market environment and other factors, it changed the purpose to pure investment.」
Regarding cross-held shares, the company has continued its policy of reviewing them based on business promotion and enhancing corporate value, while changing the purpose of holding shares in OHBA CO.,LTD. to investment purposes. - FY2020First statedAnnual report
「The company’s policy is to hold shares held for purposes other than pure investment only when they are deemed to contribute to business development and enhancement of corporate value. It reports such shares to the Board of Directors regularly and reviews whether each holding should be retained, comprehensively considering factors including the share price, the investee company’s financial condition and the status of business relationships.」
The company disclosed for the first time its policy of retaining cross-shareholdings based on their contribution to business development and enhancement of corporate value, and having the Board of Directors review whether each individual holding should be retained.