Cross-Shareholdings Held to Maintain and Strengthen Business Relationships
First written in FY2018. 7 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
68 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the current fiscal year, under the above policy, the Board of Directors conducted an individual review of each security at its meeting held on 9 May 2025 and sold 2 investment securities.」
The Company continues security-by-security reviews of cross-shareholdings and sold 2 securities. It holds 63 unlisted securities and 9 securities other than unlisted shares. - 2026-05-28RaisedGeneral Meeting of Shareholders
「2029年3月期末で純資産比10％以下まで削減」
政策保有株式について、2029年3月期末までに純資産比10％以下とする削減目標を新たに示している。 - FY2025AdvancedAnnual report
「During the current fiscal year, under the above policy, the Board of Directors conducted an individual review of each security at its meeting held on 7 June 2024 and sold 6 investment securities.」
The Company continues security-by-security reviews of cross-shareholdings and updated the number of securities sold during the current fiscal year to 6. It holds 64 unlisted securities and 11 securities other than unlisted shares. - FY2023AdvancedAnnual report
「65 securities; unlisted shares: ¥2,716 million; shares other than unlisted shares: 19 securities, ¥15,094 million」
The Company updated its cross-shareholding information. Its holdings of listed shares and other securities totaled 19 securities, and it sold 3 securities during the current fiscal year. - FY2023AdvancedAnnual report
「During the current fiscal year, under the above policy, the Board of Directors conducted an individual review of each security at its meeting held on 8 June 2022 and sold 3 investment securities.」
The Company continues security-by-security reviews by the Board of Directors and sold 3 securities during the current fiscal year. It maintains its policy of gradually reducing cross-shareholdings to limit holding risks and improve capital efficiency. - FY2022AdvancedAnnual report
「The Company will gradually reduce its holdings after sufficient dialogue with its business partners, from the perspectives of limiting holding risks and improving capital efficiency.」
The Company held 63 unlisted securities worth ¥2,609 million and 22 listed securities worth ¥14,323 million as cross-shareholdings, and sold 5 securities during the current fiscal year. It continues to pursue its policy of gradual reduction. - FY2020AdvancedAnnual report
「The Company will gradually reduce its holdings after sufficient dialogue with its business partners, from the perspectives of limiting holding risks and improving capital efficiency.」
The Company stated that it will continue security-by-security reviews by the Board of Directors and gradually reduce cross-shareholdings from the perspectives of limiting holding risks and improving capital efficiency. - FY2019AdvancedAnnual report
「For each equity holding, the Company reviews every June the investee's financial position, operating results, share price and dividend trends, as well as its transactions over the past 3 years and future plans. The Board of Directors specifically verifies whether the purpose of holding each security and the associated benefits and risks are commensurate with the cost of capital, and determines whether the holding is appropriate. During the current fiscal year, under the above policy, the Board of Directors conducted an individual review of each security at its meeting held on 4 June and sold 2 securities.」
The Company conducts an annual, security-by-security review of cross-shareholdings by the Board of Directors and sold 2 securities during the current fiscal year. - FY2018First statedAnnual report
「Number of securities: 120 securities Total amount recognized on the balance sheet: ¥17,710 million」
The Company held 120 securities with a total value of ¥17,710 million for purposes other than pure investment, stating that the purpose of holding its principal investments was to maintain and strengthen favorable business relationships.