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Morinaga Milk Industry (2264) · PolicyAdvanced

Shareholdings Held to Strengthen Relationships with Business Partners

First written in FY2016. 6 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.

9entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018AdvancedFY2019 – FY20262016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 020232024: 120242025: 020252026: 12026
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. FY2026AdvancedAnnual report

    「Unlisted shares 22 127" Shares other than unlisted shares 44 12,700」

    The Company continued its policy of reviewing and reducing cross-shareholdings, reducing the number of holdings to 22 unlisted securities and 44 listed securities.
  2. FY2024AdvancedAnnual report

    「Unlisted shares 23 132" Shares other than unlisted shares 54 18,280」

    For cross-shareholdings, the Company continued to have the Board of Directors verify the appropriateness of its holdings and sell and reduce some listed securities. The number of holdings was 23 unlisted securities and 54 listed securities.
  3. FY2022AdvancedAnnual report

    「The Board of Directors will verify the appropriateness of holding each security and sell some listed securities while taking into consideration the impact on the market, thereby reducing the holdings.」

    The Company continues its policy of reviewing and reducing cross-shareholdings. Its holdings now comprise 27 unlisted securities and 61 listed securities.
  4. FY2021AdvancedAnnual report

    「The Board of Directors will verify the appropriateness of holding each security and sell some listed securities while taking into consideration the impact on the market, thereby reducing the holdings.」

    For cross-shareholdings, the Company continues its policy of verifying holdings by comparing them with the cost of capital and other factors and reducing them. The holdings comprise 29 unlisted securities and 63 listed securities.
  5. FY2020AdvancedAnnual report

    「The Board of Directors will verify the appropriateness of holding each security and sell some listed securities while taking into consideration the impact on the market, thereby reducing the holdings.」

    The Company continues to have the Board of Directors verify the appropriateness of its holdings and sell some listed securities. Its cross-shareholdings comprise 32 unlisted securities and 65 listed securities.
  6. FY2019AdvancedAnnual report

    「The Board of Directors will verify the appropriateness of holding each security and sell some listed securities while taking into consideration the impact on the market, thereby reducing the holdings.」

    For cross-shareholdings, the Company described a verification method based on transaction details and volumes and comparisons with the cost of capital, and is proceeding with the sale of some listed securities and reduction of its holdings.
  7. FY2018RestatedAnnual report

    「Purpose of holding: Strengthening relationships with business partners」

    The purpose of its cross-shareholdings is to strengthen relationships with business partners. During the fiscal year, the Company held 109 securities with a balance-sheet carrying amount of ¥15.445 billion.
  8. FY2017RestatedAnnual report

    「Strengthening Relationships with Business Partners」

    The purpose of the policy remains unchanged. The Company reports holding 113 investment securities other than those held for pure investment purposes, with a balance-sheet carrying amount of ¥14.037 billion.
  9. FY2016First statedAnnual report

    「Strengthening Relationships with Business Partners」

    The Company holds 118 investment securities other than those held for pure investment purposes, with a balance-sheet carrying amount of ¥11.086 billion.
Moved together

"Product Development and Improvements Tailored to Customer Needs and Adoption of Price Revisions" moved the same way as this thread, in the same document, in 6 of its 9 moves.

666665★123456
  1. ★This thread
  2. 1Product Development and Improvements Tailored to Customer Needs and Adoption of Price Revisions6×
  3. 2Advancing Globalization6×
  4. 3Basic Research on Gut Microbiota, New Technologies and Materials6×
  5. 4Construction, Renewal and Rationalization of Production Facilities and Strengthening of the Sales and Distribution System6×
  6. 5Improving Asset Efficiency and Advancing Rationalization6×
  7. 6Strengthening the Functional and Food Ingredients Business5×

★ 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 Morinaga Milk Industry yet.
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Shareholdings Held to Strengthen Relationships with Business Partners | MORINAGA MILK INDUSTRY CO.,LTD. (2264) | Komori