Strengthening intercompany transactions and stabilizing shareholdings through strategic shareholdings
First written in FY2017. 3 of 11 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
The Seima Holdings moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
79 other companies' latest entry also says "Other".
- FY2026Restructuring of the shareholding portfolioAnnual report
「Unlisted shares: 3 holdings, 60 Shares other than unlisted shares: 5 holdings, 217,940 (Holdings whose number of shares decreased during the fiscal year) Unlisted shares: 1 holding, 72,093」
Cross-shareholdings comprised 5 listed holdings valued at ¥217,940 thousand and 3 unlisted holdings valued at ¥60 thousand. The company sold 1 unlisted holding, changing the composition of the portfolio. - FY2025Reduction and restructuring of the shareholding portfolioAnnual report
「Shares other than unlisted shares 5 151,145 (Holdings whose number of shares decreased during the fiscal year) Shares other than unlisted shares 1 1,113」
Listed holdings decreased from 6 to 5, following the sale of 1 holding. The balance was ¥151,145 thousand, reflecting progress in restructuring the shareholding portfolio. - FY2024Restructuring of the shareholding portfolioAnnual report
「Number of holdings (holdings) Total carrying amount on the balance sheet (¥ thousand) Unlisted shares 4 140 Shares other than unlisted shares 6 136,098 (Holdings whose number of shares increased during the fiscal year) Shares other than unlisted shares 2 727 Acquired through cumulative share investment and the business partners' shareholders' association」
Cross-shareholdings comprised 6 listed holdings valued at ¥136,098 thousand, with the number of shares increasing for 2 holdings by a total of ¥727 thousand. The policy of limited, strategic holdings and annual reviews continued. - FY2023Restructuring of the shareholding portfolioAnnual report
「Shares other than unlisted shares: 2 holdings, 726; acquired through cumulative share investment and the business partners' shareholders' association.」
Regarding cross-shareholdings, the number of shares increased for 2 holdings by a total of ¥726 thousand, through cumulative share investment and acquisitions via the business partners' shareholders' association. The policy of limited, strategic holdings and annual reviews continued. - FY2021AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares, 2 holdings, 672; held to strengthen intercompany transactions, but sold.」
Regarding cross-shareholdings, the company sold 2 listed shareholdings during the fiscal year. This represented a specific disposal consistent with its policy of annually verifying the rationale for holdings and reducing them. - FY2021-Q2AdvancedAnnual report
「During the cumulative second quarter, the company sold 2 domestic listed shareholdings among its investment securities to improve capital efficiency, recording a gain on the sale of investment securities of ¥404 thousand.」
Regarding cross-shareholdings, the company sold 2 domestic listed shareholdings to improve capital efficiency. This was a specific disposal following the sale of 1 holding in the previous quarter. - FY2021-Q1AdvancedAnnual report
「During the cumulative first quarter, the company sold 1 domestic listed shareholding among its investment securities to improve capital efficiency, recording a gain on the sale of investment securities of ¥400 thousand.」
Regarding cross-shareholdings, the company sold 1 domestic listed shareholding to improve capital efficiency. This represented a specific disposal consistent with its policy of limited, strategic holdings and periodic reviews. - FY2020RestatedAnnual report
「As important business partners, we will primarily hold on a limited and strategic basis listed shares that we judge to be beneficial and important when doing so will maximize the enhancement of the investee's corporate value and our own medium- to long-term corporate value. We will review these strategic decisions as appropriate and proceed with reducing holdings whose significance is insufficient or that are not consistent with our capital policy.」
The company continued its policy of holding cross-shareholdings on a limited and strategic basis, reviewing them annually, and reducing holdings whose significance is insufficient. - FY2019ReframedAnnual report
「As important business partners, we will hold a limited number of listed shares that we judge to be beneficial and important when doing so will maximize the enhancement of the investee's corporate value and our own medium- to long-term corporate value. We will review these strategic decisions as appropriate and proceed with reducing holdings whose significance is insufficient or that are not consistent with our capital policy.」
In addition to the objectives of cross-shareholdings, the company stated a policy of holding them on a limited and strategic basis, reviewing them as appropriate, and reducing holdings whose significance is insufficient or that are not consistent with its capital policy. - FY2018SoftenedAnnual report
「Number of holdings: 14; total carrying amount on the balance sheet: ¥119,941 thousand; purpose of holding: strengthening intercompany transactions and stabilizing shareholdings」
Cross-shareholdings decreased from 15 holdings valued at ¥137,458 thousand in the previous fiscal year to 14 holdings valued at ¥119,941 thousand. The stated purposes of strengthening intercompany transactions and stabilizing shareholdings, among others, remained unchanged. - FY2017First statedAnnual report
「Number of holdings: 15; total carrying amount on the balance sheet: ¥137,458 thousand; purpose of holding: strengthening intercompany transactions and stabilizing shareholdings」
For cross-shareholdings, the company stated that the purpose of holding the shares was to strengthen intercompany transactions and stabilize shareholdings, and disclosed 15 holdings with a total value of ¥137,458 thousand.