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Sanyo Trading (3176) · PolicyAdvanced

Reviewing the Rationale for Cross-Shareholdings Based on Business Relationships and the Policy for Selling Them

First written in FY2020. 3 of 6 entries say "Advanced", first in FY2025. Latest entry: 2026-08-07.

6entries
7years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2023AdvancedFY2025 – 2026-08-072020: 12021: 120212022: 020222023: 120232024: 020242025: 120252026: 22026
Same theme, other companies
Review of the Economic Rationale for Holding Policy-Oriented SharesA theme 1248 companies write about · 1 as a headwind · 663 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 1252 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「非上場株式以外の株式 8 555,595 (増加理由)主に取引関係の維持・強化のための新規取得」

    政策保有株式について、取引関係の維持・強化を理由に8銘柄・取得価額合計555,595千円の新規取得があった一方、4銘柄・売却価額合計282,262千円を売却した。保有合理性の検証方針に基づく具体的な見直しが開示された。
  2. FY2023RestatedAnnual report

    「本方針に基づき、毎年取締役会において、株式評価額、信用格付け、取引状況、資本コスト等を勘案の上、中長期的な観点から保有の合理性を検証しています。」

    取引関係と企業価値向上への寄与を基準に、取締役会が毎年保有合理性を検証する方針が継続している。
  3. FY2021RestatedAnnual report

    「本方針に基づき、毎年取締役会において、株式評価額、信用格付け、取引状況、資本コスト等を勘案の上、中長期的な観点から保有の合理性を検証しています。」

    取引関係の維持・強化と企業価値向上への寄与を基準とし、取締役会で毎年保有合理性を検証する政策保有株式の方針が継続している。
  4. FY2020First statedAnnual report

    「The Company may hold shares of a business partner only when it believes that maintaining and strengthening stable business relationships, including cooperation in the procurement or provision of materials, would contribute to increasing corporate value. Shares that do not meet this criterion will be sold.」

    For strategic shareholdings, the Company uses the business relationship and contribution to corporate value as its criteria for holding shares and reviews their rationale annually at Board meetings, taking into account market value, credit ratings, transaction status, and cost of capital.
Moved together

"Maintaining Stable Dividends" moved the same way as this thread, in the same document, in 3 of its 6 moves.

332222★123456
  1. ★This thread
  2. 1Maintaining Stable Dividends3×
  3. 2Developing New Businesses in Resources and the Environment, Life Sciences and Industrial Films3×
  4. 3Declining Revenue and Earnings Growth2×
  5. 4Growth driver for the Machinery and Materials Business2×
  6. 5Pursuing New Investment Projects and M&A Aimed at Synergies with Existing Businesses2×
  7. 6Risks from Product Price Volatility Caused by Supply and Demand Fluctuations, Including Insufficient Price Pass-Through and Inventory Valuation2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Sanyo Trading yet. It last moved in the Earnings presentation materials of 2026-08-07: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Reviewing the Rationale for Cross-Shareholdings Based on Business Relationships and the Policy for Selling Them | Sanyo Trading Co.,Ltd. (3176) | Komori