Reviewing the Rationale for Strategic Shareholdings
First written in FY2019. 1 of 7 entries say "Raised", first in FY2020. Latest entry: FY2026.
15 other companies' latest entry also says "Other".
- FY2026Added sales results for cross-shareholdingsAnnual report
「Shares other than non-listed shares 1 58」
For cross-shareholdings, in addition to the acquisition of ¥1 million through an employee shareholding association of a business partner, the Company sold 1 issue for ¥58 million. The results of verifying the rationale for holding the assets and using them effectively have been updated. - FY2025Update on Acquisitions and Sales of Cross-ShareholdingsAnnual report
「Shares other than non-listed shares 1 2 Regular acquisitions through an employee shareholding association of a business partner」
While maintaining a policy of generally not newly acquiring or increasing cross-shareholdings and continuing to have the Board of Directors verify their rationale, the Company disclosed the acquisition of 1 issue worth ¥2 million through an employee shareholding association of a business partner during the fiscal year. - FY2024Increase in the number of cross-shareholding issues acquiredAnnual report
「Shares other than non-listed shares 2 2 Regular acquisitions through an employee shareholding association of a business partner Purchases aimed at maintaining business relationships」
While maintaining a policy of generally not newly acquiring or increasing cross-shareholdings, the Company disclosed an increase in the number of shares in 2 issues through employee shareholding associations of business partners and other arrangements during the fiscal year. - FY2022AdvancedAnnual report
「As a general rule, we do not newly acquire or increase our holdings of investment securities held for purposes other than pure investment, commonly referred to as cross-shareholdings." Issues with a decrease in the number of shares during the fiscal year: non-listed shares excluded 2 345」
Under its policy of generally not newly acquiring or increasing cross-shareholdings and reviewing existing holdings, the Company sold 2 issues other than non-listed shares and disclosed a sale value of ¥345 million. - FY2021RestatedAnnual report
「As a general rule, we do not newly acquire or increase our holdings of investment securities held for purposes other than pure investment, commonly referred to as cross-shareholdings.」
The Company continues its policy of generally not newly acquiring or increasing cross-shareholdings and having the Board of Directors verify the relationship between the significance of holding them and the cost of capital. - FY2020RaisedAnnual report
「As a general rule, we do not newly acquire or increase our holdings of investment securities held for purposes other than pure investment, commonly referred to as cross-shareholdings. However, we may hold such securities where there are reasonable grounds, including the acquisition, maintenance or enhancement of business relationships, including business alliances, subject to verification and approval by the Board of Directors. We will also reassess our existing cross-shareholdings, including the significance of holding them, and will not continue to hold securities determined to have little significance.」
In addition to verifying the rationale for holding individual securities, the Company explicitly stated a policy of generally not newly acquiring or increasing cross-shareholdings and not continuing to hold issues with little significance. - FY2019First statedAnnual report
「Regarding the policy and appropriateness of holding each security, the Board of Directors verifies, for each individual issue, whether the benefits and risks associated with holding it, including transaction status and yield, are commensurate with the cost of capital.」
For cross-shareholdings, the Company has for the first time explicitly stated a policy of having the Board of Directors verify the relationship between transaction status, yield, benefits and risks, and the cost of capital.