Holding Shares to Maintain and Strengthen Business Relationships
First written in FY2016. 5 of 11 entries say "Advanced", first in FY2024. Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
71 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Gain on sale of investment securities 572,206 483,237」
The Company recognized a gain on the sale of investment securities of ¥483.237 million during the interim period and disclosed the results of reviewing and selling cross-shareholdings and other holdings. - FY2026AdvancedAnnual report
「Shares other than unlisted shares 5 933,762」
Regarding the reduction of cross-shareholdings based on its review of the rationale for holding them, the Company sold 5 listed stocks and other securities during the fiscal year and disclosed sale proceeds of ¥933.762 million. - FY2026-H1AdvancedAnnual report
「Gain on sale of investment securities 11,371 572,206」
The Company recognized a gain on the sale of investment securities of ¥572.206 million during the interim period and disclosed sales resulting from the review and reduction of its shareholdings and other holdings. - FY2025AdvancedAnnual report
「During the fiscal year, the Company recognized an impairment loss of ¥1.999 million on unlisted shares.」
The Company continues to review the rationale for its holdings at Board of Directors meetings and to reduce them. It sold 8 listed stocks and holds 24 unlisted stocks and 41 listed stocks and other securities. - FY2024AdvancedAnnual report
「Based on the results of its review of whether holdings should be retained, the Company sold some shares during the fiscal year.」
The Company sold 13 cross-shareholdings for ¥854.255 million, recognized a gain on the sale of investment securities of ¥353.546 million, and continues to reduce its holdings. - FY2022RestatedAnnual report
「The Company holds shares on the understanding that strengthening relationships with business partners contributes to more stable corporate management. The Board of Directors regularly reviews the need to hold each individual stock, based on whether the benefits and risks associated with the holding are commensurate with the cost of capital and aligned with the purpose of the holding, such as expanding transactions and maintaining relationships over the medium to long term. Following these reviews, the Company reduces holdings in stocks judged to be no longer necessary to hold or to have limited justification for continued ownership.」
The Company continues to hold shares to strengthen business relationships, regularly review them against the cost of capital, and reduce holdings in stocks with limited justification for continued ownership. - FY2020Explicit policy of reviewing holding rationale and reducing holdingsAnnual report
「The Board of Directors regularly reviews the need to hold each individual stock, based on whether the benefits and risks associated with the holding are commensurate with the cost of capital and aligned with the purpose of the holding, such as expanding transactions and maintaining relationships over the medium to long term. Following these reviews, the Company reduces holdings in stocks judged to be no longer necessary to hold or to have limited justification for continued ownership.」
The Company has clarified its purpose of holding shares, namely to maintain and strengthen business relationships, its policy of regularly reviewing the benefits and risks against the cost of capital, and its policy of reducing holdings that have limited justification. - FY2019RestatedAnnual report
「Number of holdings: 83 holdings Aggregate amount recognized on the balance sheet: ¥6,461.789 million」
The company holds 83 specified investment shares and continues to disclose the purpose of holding each security as “maintaining and strengthening business relationships.” - FY2018RestatedAnnual report
「Purpose of holding: maintaining and strengthening business relationships」
The company disclosed 83 specified investment shares with a total carrying amount of ¥7.574818 billion on the balance sheet, stating that the purpose of holding them was to maintain and strengthen business relationships. - FY2017RestatedAnnual report
「Number of securities 83 securities」
The company holds 83 specified investment shares and continues to disclose the purpose of holding each security as “maintaining and strengthening business relationships.” - FY2016First statedAnnual report
「Purpose of holding: maintaining and strengthening business relationships」
The company disclosed 83 specified investment shares with a total carrying amount of ¥5.24114 billion on the balance sheet, stating that the purpose of holding the major holdings was to maintain and strengthen business relationships.