Cross-Shareholdings for Business Alliances and Trading Relationships
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
79 other companies' latest entry also says "Other".
- FY2025Reduction in Cross-ShareholdingsAnnual report
「Unlisted shares 3 2,250 (Issues whose number of shares decreased during the fiscal year) Unlisted shares 1 4,523」
Cross-shareholdings decreased from 4 issues with a carrying amount of ¥17.25 million to 3 issues with a carrying amount of ¥2.25 million, as 1 issue was sold for ¥4.523 million. - FY2023AdvancedAnnual report
「Unlisted shares 4 17,250 (Issues whose number of shares increased during the fiscal year) Unlisted shares 1 15,000 Building good and stable relationships」
The company held 4 issues of unlisted shares as cross-shareholdings, with a total carrying amount of ¥17.25 million, and acquired 1 issue for ¥15 million during the fiscal year. - FY2022AdvancedAnnual report
「Unlisted shares 4 52,250 (Issues whose number of shares increased during the fiscal year) Unlisted shares 1 50,000 Building good and stable relationships」
The company held 4 issues of unlisted shares as cross-shareholdings, with a total carrying amount of ¥52.25 million, and acquired 1 issue for ¥50 million during the fiscal year. It also sold 1 issue for ¥10.5 million. - FY2021AdvancedAnnual report
「Number of issues (Issues) 4 Total balance sheet carrying amount (¥ thousands) 15,134 (Issues whose number of shares increased during the fiscal year) Unlisted shares 1 3,600 Building good and stable relationships」
The company disclosed that it held 4 issues of unlisted shares as cross-shareholdings, with a total carrying amount of ¥15.134 million, and acquired 1 issue for ¥3.6 million during the fiscal year. - FY2020First statedAnnual report
「The company may hold shares of business partners as cross-shareholdings for purposes other than pure investment, including business alliances, maintaining and strengthening business relationships, and stabilizing its shareholder base. The Board of Directors periodically reviews whether such holdings remain appropriate, considering whether they are necessary for the company’s growth and whether there are more effective uses of the funds.」
The company disclosed for the first time its policy on holding cross-shareholdings for purposes including business alliances and maintaining and strengthening business relationships, as well as the Board of Directors’ process for reviewing whether such holdings remain appropriate.