Maintaining business relationships and collecting information on competitors through cross-shareholdings
First written in FY2019. 4 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「For each individual holding, we closely examine the rationale for holding it, future business dealings and cost-effectiveness, including its costs, to verify whether the holding remains reasonable. If changes in the business environment or other factors make a holding inconsistent with our policy, we will sell it as appropriate and reduce the holding.」
The company continues to verify the rationale for each cross-shareholding and its policy of selling and reducing holdings. During the current fiscal year, it acquired additional shares in 1 company through cumulative stock investment, and there were no holdings that decreased. - FY2024AdvancedAnnual report
「Shares other than unlisted shares 1 3,597 Acquisition through cumulative stock investment (Holdings for which the number of shares decreased during the current fiscal year) Shares other than unlisted shares 2 2,717」
During the current fiscal year, the company acquired additional shares in 1 company at an acquisition cost of ¥3,597 thousand and sold shares in 2 companies. The company discloses the results of implementing its policy of verifying the rationale for cross-shareholdings and reducing holdings. - FY2023AdvancedAnnual report
「Shares other than unlisted shares 3 4,132 Acquisitions to strengthen the collection of industry information and through cumulative stock investment」
For cross-shareholdings, the number of shares held increased for 3 companies during the current fiscal year, with a total acquisition cost of ¥4,132 thousand. The company disclosed that the reasons for the acquisitions were to strengthen the collection of industry information and to make cumulative stock investments. - FY2022AdvancedAnnual report
「For each individual holding, we closely examine the rationale for holding it, future business dealings and cost-effectiveness, including its costs, to verify whether the holding remains reasonable. If changes in the business environment or other factors make a holding inconsistent with our policy, we will sell it as appropriate and reduce the holding. The appropriateness of each individual holding is also reviewed, based on the verification results, by the Board of Directors or other relevant body as necessary.」
For cross-shareholdings, the company discloses that it acquired additional shares in 4 companies and reduced its holdings in 4 companies during the current fiscal year, in addition to verifying the rationale for each holding. - FY2021RestatedAnnual report
「We hold shares as cross-shareholdings when we determine that doing so can help maintain smooth relationships with business partners and others. For each individual holding, we also closely examine the rationale for holding it and its cost-effectiveness, including its costs, to verify whether the holding remains reasonable. If changes in the business environment or other factors make a holding inconsistent with our policy, we will sell it as appropriate and reduce the holding.」
The company continues its policy for cross-shareholdings of maintaining business relationships and other objectives, verifying the rationale for each holding, and selling and reducing holdings that are inconsistent with the policy. - FY2020AdvancedAnnual report
「We hold shares as cross-shareholdings when we determine that doing so can help maintain smooth relationships with business partners and others. For each individual holding, we also closely examine the rationale for holding it and its cost-effectiveness, including its costs, to verify whether the holding remains reasonable. If changes in the business environment or other factors make a holding inconsistent with our policy, we will sell it as appropriate and reduce the holding.」
In addition to the purposes of cross-shareholdings, the company specifies its policy of verifying the rationale, costs and cost-effectiveness of each holding and selling and reducing holdings that are inconsistent with the policy. - FY2019First statedAnnual report
「Purpose of holding: maintaining and strengthening business relationships and gathering information on peer companies」
The company discloses that the purposes of its cross-shareholdings are to maintain and strengthen business relationships and gather information on peer companies.