Cross-shareholdings held to maintain business relationships
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
68 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「During the fiscal year, the Board of Directors reviewed and considered the company's shareholdings 5 times, decided to sell 1 stock, and confirmed the appropriateness of continuing to hold the remaining strategic shareholdings.」
For strategic shareholdings, the number of reviews and considerations by the Board of Directors increased from 3 to 5, and the company decided to sell 1 stock. - FY2022RestatedAnnual report
「During the fiscal year, the Board of Directors reviewed and considered the company's shareholdings 3 times and confirmed the appropriateness of continuing to hold all strategic shareholdings.」
The company reiterates its policy of reviewing and considering strategic shareholdings 3 times at Board of Directors meetings and confirming the appropriateness of continuing to hold them. - FY2021AdvancedAnnual report
「During the fiscal year, the Board of Directors reviewed and considered the company's shareholdings 3 times and confirmed the appropriateness of continuing to hold all strategic shareholdings.」
The Board of Directors reviewed the strategic shareholdings 3 times during the fiscal year and confirmed the appropriateness of continuing to hold all stocks. In addition, all shares of 2 specific investment stocks were sold. - FY2019RestatedAnnual report
「For these shares, the Board of Directors and other bodies comprehensively review the unrealized gains and losses by stock, transaction status and the business environment surrounding the company. If the Group determines that the rationale for holding any shares has weakened, it will dispose of or reduce those holdings.」
For strategic shareholdings held to maintain business relationships, the company reviews unrealized gains and losses by stock, transaction status and the business environment, and plans to dispose of or reduce holdings as necessary. - FY2018First statedAnnual report
「18 stocks ¥722.132 million Purpose of holding To maintain smooth business relationships」
The company holds 18 stocks for purposes other than pure investment, with a balance-sheet carrying amount of ¥722.132 million, and states that the purpose is to maintain smooth business relationships.