Reviewing the Rationale for Cross-Shareholdings Held to Strengthen Business Relationships
First written in FY2019. 4 of 7 entries say "Restated". 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".
- FY2026Updating the value of strategic shareholdingsAnnual report
「Shares other than unlisted shares 2 ¥13.678 million Shares other than unlisted shares 1 ¥751 thousand Acquisition of shares through the business partners' employee shareholding association.」
The Company held 2 cross-shareholdings, with a total balance-sheet carrying amount of ¥13.678 million. During the fiscal year, it acquired 1 issue for ¥751 thousand through the business partners' employee shareholding association. - FY2025Updating the value of strategic shareholdingsAnnual report
「Shares other than unlisted shares 2 ¥13.042 million Shares other than unlisted shares 1 ¥742 thousand Acquisition of shares through the business partners' employee shareholding association.」
The Company held 2 cross-shareholdings, with a total balance-sheet carrying amount of ¥13.042 million, and acquired 1 issue for ¥742 thousand through the business partners' employee shareholding association. - FY2024RestatedAnnual report
「Under this policy, the Board reviews once a year the rationale for holding each issue and determines whether to continue holding it.」
The Company continues its policy of having the Board review the rationale for cross-shareholdings and decide whether to continue holding them once a year. It has also disclosed 2 issues other than unlisted shares, with a total balance-sheet carrying amount of ¥12.801 million. - FY2023RestatedAnnual report
「The Company holds cross-shareholdings to maintain and develop favorable business relationships with its business partners. It comprehensively considers whether it expects to obtain benefits commensurate with the holdings and will continue to hold them when it determines that they will contribute to enhancing corporate value over the medium to long term. Under this policy, the Board reviews once a year the rationale for holding each issue and determines whether to continue holding it.」
The Company continues its policy of having the Board review the rationale for cross-shareholdings and decide whether to continue holding them once a year. It has also disclosed 2 issues other than unlisted shares, with a total balance-sheet carrying amount of ¥10.860 million. - FY2022RestatedAnnual report
「The Company holds cross-shareholdings to maintain and develop favorable business relationships with its business partners. It comprehensively considers whether it expects to obtain benefits commensurate with the holdings and will continue to hold them when it determines that they will contribute to enhancing corporate value over the medium to long term. Under this policy, the Board reviews once a year the rationale for holding each issue and determines whether to continue holding it.」
The Company continues its policy of having the Board review the rationale for cross-shareholdings and decide whether to continue holding them once a year. It has also disclosed 2 issues other than unlisted shares, with a total balance-sheet carrying amount of ¥11.108 million. - FY2021RestatedAnnual report
「Under this policy, the Board reviews once a year the rationale for holding each issue and determines whether to continue holding it.」
The Company has reconfirmed its policy of reviewing once a year at Board meetings the rationale for holding cross-shareholdings and whether to continue holding them, taking into account the benefits and risks of business relationships and other factors. - FY2019First statedAnnual report
「All investment shares held by the Company are cross-shareholdings held as a long-term policy to enhance corporate value, with the aim of strengthening and developing business relationships and facilitating the smooth advancement of operations. The Company does not hold investment shares for pure investment purposes, such as dividend income or trading gains.」
The Company holds cross-shareholdings to strengthen and develop business relationships and other purposes, and has disclosed for the first time, as a separate topic, its policy of reviewing once a year at Board meetings the rationale for holding each issue and whether to continue holding it.