Strategic shareholdings aimed at strengthening business and financial relationships
First written in FY2018. 1 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
68 other companies' latest entry also says "Advanced".
- FY2024Reduction of cross-shareholdingsAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares, 4, ¥169.202 million」
The company sold 4 listed shareholdings, reducing its strategic shareholdings from 8 listed shareholdings in the previous fiscal year to 4. The Board of Directors' policy of verifying the rationale for holding them once a year remains in place. - FY2023Update to the carrying value of cross-shareholdingsAnnual report
「Shares other than unlisted shares 8 501,121」
Strategic shareholdings comprised 1 unlisted and 8 listed shareholdings, and the balance sheet carrying amount of the listed shareholdings decreased from ¥599.942 million in the previous fiscal year to ¥501.121 million. The policy of verifying the rationale for holding them once a year remains in place. - FY2022Update to the carrying value of cross-shareholdingsAnnual report
「Shares other than unlisted shares, 8, 599,942」
Strategic shareholdings comprised 1 unlisted and 8 listed shareholdings, with the listed shareholdings having a balance sheet carrying amount of ¥599.942 million. The policy of verifying the rationale for holding them once a year by the Board of Directors remains in place. - FY2021Update to the composition of strategic shareholdingsAnnual report
「Holdings whose number of shares increased during the fiscal year: unlisted shares, 1, ¥20 million」
The company acquired 1 unlisted strategic shareholding for ¥20 million and sold 1 listed shareholding. At the end of the fiscal year, it held 9 shareholdings, with a balance sheet carrying amount of ¥665.285 million. - FY2020RestatedAnnual report
「For investment securities held for purposes other than pure investment, the company reviews the purpose and rationale for holding them once a year at a Board of Directors meeting, examining changes in holdings, transaction status with the issuing companies and the issuers' financial condition.」
The company continues to conduct an annual review of the rationale for cross-shareholdings by the Board of Directors and to dispose of or reduce holdings where their significance is limited. - FY2018First statedAnnual report
「Among investment securities, 9 issues were held for purposes other than pure investment, with a total balance sheet carrying amount of ¥487.659 million.」
The company discloses cross-shareholdings as being held to strengthen business relationships in sales transactions and financial relationships.