Strategic shareholdings held for business relationships
First written in FY2017. 2 of 10 entries say "Restated". Latest entry: FY2026.
Sata Construction moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2026Reclassification of cross-shareholdings as investments held for pure investment purposesAnnual report
「As the rationale for holding the shares as cross-shareholdings had diminished, their purpose was changed to pure investment in order to improve capital efficiency and pursue a more flexible capital policy.」
While retaining 14 unlisted issues valued at ¥197 million as cross-shareholdings, the company changed the purpose of 2 listed issues from cross-shareholdings to pure investment, citing capital efficiency and a more flexible capital policy. - FY2025Sale of unlisted shares; slight increase in carrying valueAnnual report
「Unlisted shares 14 204 Shares other than unlisted shares 2 55」
Shares held for purposes other than pure investment comprised 14 unlisted issues valued at ¥204 million and 2 listed issues and other securities valued at ¥55 million. One unlisted issue was sold, while the carrying amount of listed shares and other securities increased from ¥52 million in the previous fiscal year to ¥55 million. - FY2024Number of holdings unchanged; lower carrying value; no increase during the yearAnnual report
「Unlisted shares 15 204 Shares other than unlisted shares 2 52」
The company held 17 issues of shares for purposes other than pure investment, unchanged from the previous fiscal year, but the carrying amounts on the balance sheet decreased from the previous fiscal year for both unlisted and listed shares. There were no increases or decreases in the number of shares during the fiscal year. - FY2023More holdings; new acquisitionsAnnual report
「Unlisted shares 15 234 Shares other than unlisted shares 2 66」
The total number of shares held for purposes other than pure investment increased to 17 issues from 15 in the previous fiscal year. The company disclosed the acquisition of unlisted shares that contribute to revitalising the regional economy and the acquisition of listed shares through the conversion of convertible bonds issued by another company into shares. - FY2022Decrease in number of holdings and continued salesAnnual report
「Unlisted shares 14 224 Shares other than unlisted shares 1 4」
The total number of shares held for purposes other than pure investment decreased to 15 issues from 17 in the previous fiscal year. The company sold 1 issue of unlisted shares and 1 issue of listed shares. - FY2021Fewer holdings; sales executedAnnual report
「Unlisted shares 15 224 Shares other than unlisted shares 2 8」
The total number of shares held for purposes other than pure investment decreased to 17 issues from 18 in the previous fiscal year. The policy of reviewing the holding purpose, economic rationale and other factors and determining whether to retain the holdings, including whether to sell them, continues. - FY2020Fewer holdings; continued review of holding rationaleAnnual report
「Unlisted shares 16 226 Shares other than unlisted shares 2 4」
The total number of shares held for purposes other than pure investment decreased to 18 issues from 20 in the previous fiscal year. The policy of reviewing the holding purpose, economic rationale and other factors and determining whether to retain the holdings, including whether to sell them, continues. - FY2019RestatedAnnual report
「The Finance Department reviews the status of transactions with investee companies, as well as their financial position, operating results, share prices, dividends and other conditions. After the Management Committee has assessed the appropriateness of the holding purpose, its medium- to long-term economic rationale and future outlook, the Board of Directors determines whether the holdings should be retained, including whether they should be sold.」
The company describes its procedure for continuing to hold shares in business partners while reviewing the holding purpose, economic rationale and other factors through the Management Committee and the Board of Directors. - FY2018RestatedAnnual report
「Number of issues 20 issues Total carrying amount on the balance sheet 248 ¥ million」
The company continues to hold 20 issues of shares for purposes other than pure investment, with a carrying amount of ¥248 million. - FY2017First statedAnnual report
「Investments in shares held for purposes other than pure investment Number of issues: 20 Total carrying amount on the balance sheet: ¥248 million」
The company holds 20 issues of shares for purposes other than pure investment, with a carrying amount of ¥248 million, and states that the purpose of holding the disclosed shares is to maintain business relationships.