Policy on holding and reducing cross-shareholdings
First written in FY2020. 1 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
79 other companies' latest entry also says "Other".
- FY2026Addition of Holdings Through the Acquisition of Joyful Sun SharesAnnual report
「Holdings whose number of shares increased during the fiscal year Unlisted shares 1 27 To acquire shares in ㈱ジョイフルサン, an unconsolidated subsidiary of the company」
The policy of holding cross-shareholdings remains in place, and 1 unlisted holding, with an acquisition cost of ¥27 million, was newly disclosed in connection with the acquisition of shares in ㈱ジョイフルサン. - FY2023Addition of a holding through a share exchangeAnnual report
「FUJI CO.,LTD. 69,003 — (Purpose of holding) To strengthen the business relationship from an overall company-wide perspective (Method for verifying the rationale for holding) After considering the business relationship with the company, we determined that holding the shares would provide benefits. (Reason for the increase in shares) This resulted from making マックスバリュ西日本㈱ a wholly owned subsidiary through a share exchange effective 1 March 2022.」
The policy of holding cross-shareholdings remains in place, and 69,003 shares of FUJI CO.,LTD. were newly disclosed following the share exchange. - FY2022Delisting of a holdingAnnual report
「マックスバリュ西日本㈱ was delisted on 25 February 2022 and therefore ceased to qualify as a specified investment stock. Accordingly, the number of shares and the amount reported on the balance sheet for the fiscal year are shown as "—".」
The policy of holding cross-shareholdings remains in place, while マックスバリュ西日本株 is no longer subject to disclosure as a specified investment stock following its delisting. - FY2021AdvancedAnnual report
「To maintain and strengthen transactions including product procurement and financing for the company's sustainable growth and enhancement of corporate value over the medium to long term, the company may hold shares deemed necessary as cross-shareholdings. If the board of directors or another body determines that the rationale for such holdings is limited, the company will consider selling them while taking market conditions and other factors into account.」
The company disclosed, together with its holdings including shares inherited through mergers, a policy of holding cross-shareholdings to maintain and strengthen business relationships and considering sales if the board of directors or another body determines that the rationale for holding them is limited. - FY2020First statedAnnual report
「To maintain and strengthen transactions including product procurement and financing for the company's sustainable growth and enhancement of corporate value over the medium to long term, the company may hold shares deemed necessary as cross-shareholdings. If the board of directors or another body determines that the rationale for such holdings is limited, the company will consider selling them while taking market conditions and other factors into account.」
The company disclosed for the first time a policy of holding cross-shareholdings to maintain transactions such as product procurement and financing, and considering sales where the rationale for holding them is limited.