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Nitten (2108) · FactAdvanced

Strategic Shareholdings Held to Facilitate Business and Financial Relationships

First written in FY2017. 6 of 10 entries say "Advanced", first in FY2022. Latest entry: 2026-08-10.

10entries
10years
3from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2020AdvancedFY2022 – 2026-05-132017: 120172018: 020182019: 020192020: 120202021: 020212022: 120222023: 120232024: 120242025: 120252026: 42026
Same theme, other companies
Business relationships and sales policy through strategic shareholdingsA theme 618 companies write about · 0 as a headwind · 561 as a tailwind

The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.

68 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 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 623 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-10AdvancedRevisions to the earnings forecast

    「This will be carried out in accordance with the policy of reducing cross-held shares under the Second Medium-Term Management Plan, in order to improve the efficiency of held assets.」

    The Company has specified a plan to sell 6 listed securities between 12 August 2026 and the end of September 2026 under its policy of reducing cross-held shares, with expected gains on sale of ¥5,400 million. The original thread will not be changed.
  2. FY2026AdvancedAnnual report

    「At board of directors meetings held on 8 August 2025 and 13 February 2026, the company reviewed the significance of each individual holding and sold 6 holdings in fiscal 2025. In the revision of its Second Medium-Term Management Plan announced on 14 May 2025, it also set a target of reducing cross-shareholdings to 20% of consolidated net assets by fiscal 2027.」

    After reviewing the significance of each individual holding, it sold 6 holdings in fiscal 2025. It has also maintained its target of reducing cross-shareholdings to 20% of consolidated net assets by fiscal 2027.
  3. FY2025RaisedAnnual report

    「At a board of directors meeting held on 12 February 2025, the company reviewed the significance of each individual holding and sold 3 holdings in fiscal 2024. In the revision of its Second Medium-Term Management Plan announced on 14 May 2025, it set a target of reducing cross-shareholdings to 20% of consolidated net assets by fiscal 2027.」

    After selling 3 holdings in fiscal 2024, it newly set a numerical target of reducing cross-shareholdings to 20% of consolidated net assets by fiscal 2027.
  4. FY2024AdvancedAnnual report

    「At a board of directors meeting held on 20 July 2023, the company reviewed the significance of each individual holding and sold part of 1 holding in fiscal 2023.」

    It continued to review the significance of each individual cross-shareholding and sold part of 1 holding in fiscal 2023.
  5. FY2023AdvancedAnnual report

    「At a board of directors meeting held on 8 November 2022, the company reviewed the significance of each individual holding and sold part of 1 holding in fiscal 2022.」

    With respect to cross-shareholdings, it sold part of 1 holding in fiscal 2022. Its holdings comprised 20 unlisted and 26 listed investments, with a total carrying amount of ¥18,428 million.
  6. FY2022AdvancedAnnual report

    「At a board of directors meeting held on 9 November 2021, the company decided to reduce its cross-shareholdings going forward and adopted a policy of selling them as appropriate. At the same time, it reviewed the significance of each individual holding and sold part or all of 3 holdings in fiscal 2021.」

    It explicitly stated its policy of reducing cross-shareholdings and disclosed that it sold part or all of 3 holdings in fiscal 2021.
  7. FY2020Reduction of cross-shareholdings and review of the significance of holdingsAnnual report

    「In fiscal 2019, the board of directors reviewed the significance of each individual holding at its November meeting. As a result of the review, there were 2 holdings for which the company considered selling all or part of its shares in the future, but it decided to continue holding them.」

    It reviewed the significance of each individual cross-shareholding and disclosed 19 unlisted holdings and 27 listed holdings, with a total carrying amount of ¥19,689 million.
  8. FY2017First statedAnnual report

    「Number of holdings               49 Total balance-sheet carrying amount     ¥24,318 million」

    The company held 49 investments in shares for purposes other than pure investment, with a total balance-sheet carrying amount of ¥24,318 million, and disclosed that the purpose of holding each investment was to facilitate business or financing relationships.
Moved together

"Share repurchases as a flexible capital policy measure" moved the same way as this thread, in the same document, in 6 of its 10 moves.

654443★123456
  1. ★This thread
  2. 1Share repurchases as a flexible capital policy measure6×
  3. 2Investment in Aging Equipment Replacement, Energy Conservation, Manufacturing Process Improvements and Quality Enhancement5×
  4. 3Enhancing Corporate Value Through Management Conscious of the Cost of Capital and Share Price4×
  5. 4Strengthening Cost Competitiveness4×
  6. 5Declining Sales and Continued Losses in Other Businesses4×
  7. 6Stable dividends based on financial strength and business foundations3×

★ 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
No upcoming earnings preview for Nitten yet. It last moved in the Revisions to the earnings forecast of 2026-08-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strategic Shareholdings Held to Facilitate Business and Financial Relationships | Nitten Co.,Ltd. (2108) | Komori