Holding Shares to Maintain and Strengthen Business Relationships, with Regular Reviews
First written in FY2019. 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".
- FY2026Sale of cross-shareholdings and update to carrying valueAnnual report
「Shares other than unlisted shares 4 218,660 (Shares whose number increased during the fiscal year under review) Shares other than unlisted shares 2 2,821 Acquisitions through a business-partner shareholding association (Shares whose number decreased during the fiscal year under review) Shares other than unlisted shares 1 40」
Cross-shareholdings comprised 4 listed holdings with a balance-sheet carrying amount of ¥218,660 thousand. Acquisitions totaling ¥2,821 thousand were made for 2 issues, while ¥40 thousand of shares were sold in 1 issue. All shares in Key Coffee, Inc. were sold, leaving no holding. - FY2025Sale of cross-shareholdings and update to carrying valueAnnual report
「Shares other than unlisted shares 5 56,249 (Shares whose number increased during the fiscal year under review) Shares other than unlisted shares 2 2,725 Acquisitions through a business-partner shareholding association」
For cross-shareholdings, it disclosed 5 listed holdings with a balance-sheet carrying amount of ¥56,249 thousand. During the period, acquisitions totaling ¥2,725 thousand were made for 2 issues, while it also disclosed a decrease in holdings, including 1 listed issue. - FY2024Changes in and valuation update of cross-shareholdingsAnnual report
「Shares other than unlisted shares 5 166,246 (Shares whose number increased during the fiscal year under review) Shares other than unlisted shares 2 1,673 Acquisitions through a business-partner shareholding association」
For cross-shareholdings, it disclosed 5 holdings other than unlisted shares, with a balance-sheet carrying amount of ¥166,246 thousand. During the fiscal year under review, acquisitions totaling ¥1,673 thousand were made for 2 issues, and there were no issues for which holdings decreased. - FY2023Changes in and valuation update of cross-shareholdingsAnnual report
「Shares other than unlisted shares 2 964 Acquisitions through a business-partner shareholding association」
For cross-shareholdings, acquisitions totaling ¥964 thousand were made for 2 issues other than unlisted shares through a business-partner shareholding association. There were no issues for which holdings decreased. - FY2022Changes in cross-shareholdingsAnnual report
「Shares other than unlisted shares 2 1,184 Acquisitions through a business-partner shareholding association (Shares whose number decreased during the fiscal year under review) Shares other than unlisted shares － －」
It disclosed that the number of shares held increased for 2 issues through a business-partner shareholding association during the fiscal year under review, and that there were no issues for which the number of shares decreased. - FY2021Changes in cross-shareholdingsAnnual report
「Shares other than unlisted shares 3 1,522 Acquisitions through a business-partner shareholding association (Shares whose number decreased during the fiscal year under review) Shares other than unlisted shares 1 2,876」
It disclosed that the number of shares held increased for 3 issues through a business-partner shareholding association during the fiscal year under review, while the number of shares decreased for 1 issue. - FY2020RestatedAnnual report
「We hold shares based on business needs, including the maintenance and strengthening of good business relationships. The Board of Directors verifies the business necessity and the benefits and risks associated with these holdings and reviews whether to continue holding them.」
It continues to maintain a policy of cross-shareholdings for the purpose of maintaining and strengthening business relationships, with the Board of Directors verifying their benefits and risks and reviewing the holdings. - FY2019First statedAnnual report
「We hold shares based on business needs, including the maintenance and strengthening of good business relationships. We periodically verify the business necessity and the benefits and risks associated with these holdings and review whether to continue holding them.」
It provides, for the first time, a policy of holding cross-shareholdings to maintain and strengthen business relationships, with periodic reviews of their benefits and risks.