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Tokyo Energy & Systems (1945) · PolicyAdvanced

Reviewing the Rationale for Strategic Shareholdings and Selling Shares with Limited Necessity

First written in FY2019. 8 of 12 entries say "Advanced", first in FY2021. Latest entry: FY2026.

12entries
8years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2020AdvancedFY2021 – FY2026-H12019: 120192020: 120202021: 120212022: 120222023: 120232024: 220242025: 220252026: 32026
Same theme, other companies
Review of the Rationale for Holding Strategic ShareholdingsA theme 1266 companies write about · 1 as a headwind · 670 as a tailwind

105 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 1270 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「During the fiscal year, the number of shares decreased for 1 unlisted shareholding and 5 shareholdings other than unlisted shares, with total sale proceeds related to the decrease of ¥1,657 million.」

    Regarding strategic shareholdings, the company sold 1 unlisted shareholding and 5 listed and other shareholdings, generating total sale proceeds of ¥1,657 million.
  2. FY2026-H1AdvancedAnnual report

    「Profit for the interim period attributable to owners of the parent was ¥1,489 million, up 136.3% year on year, as the company recorded extraordinary income from the sale of rental real estate and strategic shareholdings to improve asset efficiency.」

    The company sold rental real estate and strategic shareholdings to improve asset efficiency and recorded extraordinary income.
  3. FY2025AdvancedAnnual report

    「During the fiscal year, the number of shares decreased for no unlisted shareholdings and 8 shareholdings other than unlisted shares, with total sale proceeds of ¥1,899 million.」

    Regarding strategic shareholdings, the company sold 8 listed and other shareholdings, generating total sale proceeds of ¥1,899 million. Rationalisation based on verification of the rationale for continued ownership progressed.
  4. FY2025-H1AdvancedAnnual report

    「The company recorded gains on the sale of investment securities to improve asset efficiency and strengthen its financial position.」

    In connection with its policy of verifying the rationale for and rationalising strategic shareholdings, the company sold investment securities to improve asset efficiency and strengthen its financial position, recording a gain on sale of ¥949 million.
  5. FY2024AdvancedAnnual report

    「During the fiscal year, the number of shares increased for 1 unlisted shareholding, with a total acquisition cost of ¥825 million, due to investment in the renewable energy business. Meanwhile, the company sold 2 unlisted shareholdings and 2 shareholdings other than unlisted shares.」

    Regarding strategic shareholdings, the company acquired unlisted shares for investment in the renewable energy business, while selling unlisted and listed shares.
  6. FY2023AdvancedAnnual report

    「During the fiscal year, the number of shares increased for 2 unlisted shareholdings, with a total acquisition cost of ¥263 million, due to investment in the renewable energy business and other purposes. Meanwhile, the company sold 1 shareholding other than unlisted shares for ¥104 million.」

    Regarding strategic shareholdings, the company acquired unlisted shares for investment in the renewable energy business, while selling listed shares.
  7. FY2022AdvancedAnnual report

    「During the fiscal year, the number of shares increased for 8 unlisted shareholdings, with a total acquisition cost of ¥3,935 million, due to investment in the renewable energy business and other purposes. Meanwhile, the company sold 1 shareholding other than unlisted shares for ¥411 million.」

    Regarding strategic shareholdings, the company acquired 8 unlisted shareholdings for investment in the renewable energy business and other purposes, while selling 1 listed shareholding.
  8. FY2021AdvancedAnnual report

    「Unlisted shares 2 64 Strengthening relationships and mutual cooperation, etc.」

    Regarding strategic shareholdings, the company acquired 2 unlisted shareholdings for ¥64 million, while selling 1 unlisted shareholding and 4 listed shareholdings.
  9. FY2020Disclosure of investment in the renewable energy businessAnnual report

    「Unlisted shares 3 1,240 Investment in the renewable energy business, etc.」

    During the fiscal year, the company acquired 3 unlisted shareholdings for a total acquisition cost of ¥1,240 million, citing investment in the renewable energy business and other purposes as the reason.
  10. FY2019First statedAnnual report

    「Each year, the Board of Directors individually reviews the purpose of holding each listed company shareholding, its economic rationale and future prospects, determines whether it should be held, and sells shares deemed to have limited necessity for continued ownership, taking into account share-price trends and market conditions.」

    The Board of Directors has a policy of individually reviewing the purpose, economic rationale and future prospects of strategic shareholdings each year, and selling holdings with limited necessity.
Moved together

"Expansion of Renewable Energy-Related Construction" moved the same way as this thread, in the same document, in 8 of its 12 moves.

887766★123456
  1. ★This thread
  2. 1Expansion of Renewable Energy-Related Construction8×
  3. 2Providing high-value-added services through consultative sales and a one-stop approach8×
  4. 3Decommissioning and safety-related work at nuclear power plants7×
  5. 4Overseas expansion through a joint venture in Thailand7×
  6. 5Reducing the Environmental Impact of Thermal Power Generation Using Hydrogen, Ammonia, CCS and CCUS6×
  7. 6Power Generation Facility Construction and LTSA/O&M for New Power Providers and Others6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokyo Energy & Systems's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Earnings of 2026-05-12: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Reviewing the Rationale for Strategic Shareholdings and Selling Shares with Limited Necessity | TOKYO ENERGY & SYSTEMS INC. (1945) | Komori