Strategic shareholdings limited to those contributing to business relationships and corporate value enhancement, reviewed once a year
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
69 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Unlisted shares 1 99,960 Acquired through a new purchase」
The company disclosed the acquisition of new unlisted shares held for purposes other than cross-shareholding. - FY2025AdvancedAnnual report
「SUNNEXTA GROUP Inc. 29,400 The company holds the shares to stabilize the cooperative framework and deepen mutual understanding following the conclusion of a business alliance agreement with a subsidiary of SUNNEXTA GROUP Inc.」
The company newly acquired 29,400 shares of business alliance partner SUNNEXTA GROUP Inc., creating a specific example of a cross-shareholding. - FY2022RestatedAnnual report
「If the company holds shares for cross-shareholding purposes in the future, it will limit such holdings to those contributing to its medium- to long-term corporate value, and the Board of Directors will review the status of transactions with the companies concerned, as well as their financial condition, operating results, share price and dividends, and decide whether to hold the shares as cross-shareholdings. The company will also consider each fiscal year whether to continue holding them.」
The company continues its policy of limiting cross-shareholdings to those contributing to corporate value enhancement, with the Board of Directors reviewing each fiscal year whether to continue holding them. - FY2021RestatedAnnual report
「If the company holds shares for cross-shareholding purposes in the future, it will limit such holdings to those contributing to its medium- to long-term corporate value, and the Board of Directors will review the status of transactions with the companies concerned, as well as their financial condition, operating results, share price and dividends, and decide whether to hold the shares as cross-shareholdings. The company will also consider each fiscal year whether to continue holding them.」
The company continues its policy of limiting cross-shareholdings to those contributing to corporate value enhancement, with the Board of Directors reviewing each fiscal year whether to continue holding them. - FY2020RestatedAnnual report
「If the company holds shares for cross-shareholding purposes in the future, the Board of Directors will review the status of transactions with the companies concerned, as well as their financial condition, operating results, share price and dividends, and will consider and decide once a year whether to continue each cross-shareholding.」
The company continues its policy of limiting cross-shareholdings to those that contribute to business relationships and corporate value enhancement, with an annual review of whether to continue holding them. - FY2019First statedAnnual report
「The company holds cross-shareholdings only when they help maintain or strengthen business relationships with the companies concerned and contribute to the company's medium- to long-term corporate value. If it holds shares for cross-shareholding purposes in the future, the Board of Directors will review the status of transactions with the companies concerned, as well as their financial condition, operating results, share price and dividends, and will consider and decide once a year whether to continue each cross-shareholding.」
The company has for the first time expressly stated its policy of limiting cross-shareholdings to those that contribute to maintaining and strengthening business relationships and enhancing medium- to long-term corporate value, with an annual review of whether to continue holding them. Currently, it holds no investment securities for purposes other than pure investment.