Annual Review and Reduction Policy for Cross-Shareholdings
First written in FY2021. 1 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026Increase in the number of cross-held stocks and decrease in their carrying amountAnnual report
「Unlisted shares 9 23,336 (Shareholdings whose number of shares increased during the fiscal year) Unlisted shares 1 70,006」
While maintaining its policy of annual reviews and reducing strategically held shares, the number of holdings increased from 8 to 9, while their carrying amount on the balance sheet decreased from ¥180.866 million to ¥23.336 million. The company disclosed the acquisition of 1 holding for ¥70.006 million. - FY2025Decrease in the carrying amount of cross-held securitiesAnnual report
「The number of unlisted shareholdings was 8, and their total carrying amount on the balance sheet was ¥70.799 million.」
While maintaining its policy of annual Board of Directors reviews and disposing of or reducing holdings whose significance is limited, the carrying amount of unlisted shareholdings decreased from ¥180.866 million in the previous fiscal year to ¥70.799 million. - FY2024Increase in the number and amount of cross-held securitiesAnnual report
「The number of unlisted shareholdings was 8, and their total carrying amount on the balance sheet was ¥180.866 million. During the fiscal year, the number of shareholdings whose number of shares increased was 3, and the total acquisition cost related to the increases was ¥119.5 million.」
While maintaining its policy of reviewing holdings annually at Board of Directors meetings and reducing holdings whose significance is limited, unlisted shareholdings increased from 5 holdings with a carrying amount of ¥75.991 million to 8 holdings with a carrying amount of ¥180.866 million. - FY2023Increase in the number and amount of cross-held securitiesAnnual report
「The number of unlisted shareholdings was 5, and their total carrying amount on the balance sheet was ¥75.991 million. During the fiscal year, the number of shareholdings whose number of shares increased was 2, and the total acquisition cost related to the increases was ¥99.399 million.」
While maintaining its policy of annual Board of Directors reviews and reducing holdings whose significance is limited, unlisted shareholdings increased from 3 holdings with a carrying amount of ¥25.992 million to 5 holdings with a carrying amount of ¥75.991 million, and the company disclosed ¥99.399 million of acquisitions relating to 2 holdings. - FY2022RestatedAnnual report
「When holding strategically held shares, the company monitors the performance and other aspects of the issuing company and makes a comprehensive assessment of investment efficiency and synergies from maintaining and strengthening business relationships. Under its basic policy of disposing of or reducing, as promptly as possible, strategically held shares whose significance is considered limited in light of the situation at the end of the most recent fiscal year, the company verifies the significance and economic rationality of each strategically held shareholding at its Board of Directors meeting every year and reviews whether to continue holding it and the number of shares held.」
The company reiterated its policy of reviewing strategically held shares annually at Board of Directors meetings and disposing of or reducing holdings whose significance is limited. It also disclosed 3 unlisted shareholdings with a carrying amount of ¥25.992 million. - FY2021First statedAnnual report
「When holding strategically held shares, the company monitors the performance and other aspects of the issuing company and makes a comprehensive assessment of investment efficiency and synergies from maintaining and strengthening business relationships. Under its basic policy of disposing of or reducing, as promptly as possible, strategically held shares whose significance is considered limited in light of the situation at the end of the most recent fiscal year, the company verifies the significance and economic rationality of each strategically held shareholding at its Board of Directors meeting every year and reviews whether to continue holding it and the number of shares held.」
The company disclosed for the first time its policy of reviewing investment efficiency and synergies from business relationships for strategically held shares and disposing of or reducing holdings whose significance is limited, together with annual individual reviews by the Board of Directors.