Strategic Shareholdings Held to Strengthen and Maintain Business Relationships
First written in FY2018. 1 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
78 other companies' latest entry also says "Other".
- FY2026Fewer holdings, higher carrying value, and disposalsAnnual report
「Shares other than unlisted shares 14 2,967」
The cross-shareholdings comprised 14 listed or other securities, with a balance sheet carrying amount of ¥2,967 million. Compared with 18 securities and ¥2,135 million in the previous fiscal year, the number of holdings decreased while their carrying value increased. In addition, 4 securities were sold for total proceeds of ¥83 million. - FY2025Higher carrying value of holdingsAnnual report
「Shares other than unlisted shares 18 2,135」
The cross-shareholdings comprised 18 listed or other securities, the same number as in the previous fiscal year, while their balance sheet carrying amount increased from ¥2,018 million to ¥2,135 million. - FY2024Fewer listed holdings and higher carrying valueAnnual report
「Shares other than unlisted shares 18 2,018」
The cross-shareholdings comprised 18 listed or other securities, with a balance sheet carrying amount of ¥2,018 million. Compared with 19 securities and ¥1,605 million in the previous fiscal year, the number of holdings decreased while their carrying value increased. 1 security other than an unlisted security was sold for ¥74 million. - FY2023Updated number of listed holdingsAnnual report
「Unlisted shares 3 0 Shares other than unlisted shares 19 1,605」
The cross-shareholdings comprised 3 unlisted and 19 listed or other securities, with an aggregate balance sheet carrying amount of ¥1,605 million. The Company stated that no holdings had decreased in the number of shares held. - FY2022Updated number of holdings and disposal of unlisted sharesAnnual report
「Unlisted shares 3 0 Shares other than unlisted shares 20 1,524」
The cross-shareholdings comprised 3 unlisted and 20 listed or other securities, and the disposal of 1 unlisted security during the fiscal year was reported. - FY2021RestatedAnnual report
「With respect to cross-shareholdings, the Board of Directors verifies their medium- to long-term economic rationale at least once a year and makes an overall assessment of the significance of the holdings based on their importance to business strategy and the expansion of synergies in transactions, after which the holdings are reviewed as appropriate, including potential disposals.」
The policy of reviewing the economic rationale and significance of cross-shareholdings once a year and conducting reviews including potential disposals has continued. The holdings comprised 4 unlisted and 20 listed securities, and there was no change in the number of shares held during the fiscal year. - FY2019Annual review of holding rationale and explicit review of disposalsAnnual report
「With respect to cross-shareholdings, the Board of Directors verifies their medium- to long-term economic rationale at least once a year and makes an overall assessment of the significance of the holdings based on their importance to business strategy and the expansion of synergies in transactions, after which the holdings are reviewed as appropriate, including potential disposals.」
In addition to the purpose of cross-shareholdings, the Company explicitly described procedures under which the Board of Directors verifies their economic rationale and significance at least once a year and reviews them, including potential disposals. The holdings comprised 4 unlisted and 20 listed securities, and 1 listed security and other holdings were sold from the previous fiscal year. - FY2018First statedAnnual report
「Purpose of holding: to strengthen and maintain business relationships and for stability policy purposes」
The Company stated that the purpose of holding cross-shareholdings was to strengthen and maintain business relationships and for stability policy purposes. It held 26 specified investment securities, with an aggregate balance sheet carrying amount of ¥2,856 million.