Strategic shareholdings held to strengthen relationships with business partners
First written in FY2017. 1 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
81 other companies' latest entry also says "Other".
- FY2026Further reduction in holdings, with a partial increase through strategic investmentsAnnual report
「23 unlisted securities and 1 security other than unlisted securities」
Strategic shareholdings declined from 26 in total in the previous fiscal year to 24. While selling 2 unlisted securities, the company also disclosed the acquisition of 1 unlisted security to capture growth opportunities. - FY2025Further reduction in holdings and sale of unlisted sharesAnnual report
「24 unlisted securities and 1 security other than unlisted securities」
Strategic shareholdings declined from 26 in total in the previous fiscal year to 25. The company sold 1 unlisted security for ¥11 million, continuing to reduce its holdings. - FY2024Further reduction in holdings and higher sale proceedsAnnual report
「The company reviews each year at a Board of Directors meeting the significance and other aspects of holding investments other than those held solely for pure investment purposes, including the need for cooperation to expand the business and maintain, strengthen and stabilize transactions, as well as the economic rationale for holding strategic shareholdings. If the review determines that a holding no longer has significance, the company carefully considers market conditions and the impact of a sale before reducing the holding.」
Strategic shareholdings comprised 25 unlisted and 1 listed security, for a total of 26, down from 27 in the previous fiscal year. The company sold 1 listed security for ¥469 million. - FY2023Further reduction in holdings and higher sale proceedsAnnual report
「The company reviews each year at a Board of Directors meeting the significance and other aspects of holding investments other than those held solely for pure investment purposes, including the need for cooperation to expand the business and maintain, strengthen and stabilize transactions, as well as the economic rationale for holding strategic shareholdings. If the review determines that a holding no longer has significance, the company carefully considers market conditions and the impact of a sale before reducing the holding.」
Strategic shareholdings comprised 25 unlisted and 2 listed securities, for a total of 27, down from 31 in the previous fiscal year. The company sold 4 listed securities for ¥433 million. - FY2022Further reduction in holdings and continued salesAnnual report
「The company reviews each year at a Board of Directors meeting the significance and other aspects of holding investments other than those held solely for pure investment purposes, including the need for cooperation to expand the business and maintain, strengthen and stabilize transactions, as well as the economic rationale for holding strategic shareholdings. If the review determines that a holding no longer has significance, the company carefully considers market conditions and the impact of a sale before reducing the holding.」
Strategic shareholdings comprised 25 unlisted and 6 listed securities, for a total of 31, down from 35 in the previous fiscal year. The company sold 4 listed securities for ¥63 million. - FY2021Further reduction in holdings and salesAnnual report
「The company reviews each year at a Board of Directors meeting the significance and other aspects of holding investments other than those held solely for pure investment purposes, including the need for cooperation to expand the business and maintain, strengthen and stabilize transactions, as well as the economic rationale for holding strategic shareholdings. If the review determines that a holding no longer has significance, the company carefully considers market conditions and the impact of a sale before reducing the holding.」
Strategic shareholdings comprised 25 unlisted and 10 listed securities, for a total of 35, down from 36 in the previous fiscal year. The company sold 1 listed security for ¥1,115 million. - FY2020Further reduction in holdingsAnnual report
「The company reviews each year at a Board of Directors meeting the significance and other aspects of holding investments other than those held solely for pure investment purposes, including the need for cooperation to expand the business and maintain, strengthen and stabilize transactions, as well as the economic rationale for holding strategic shareholdings. If the review determines that a holding no longer has significance, the company carefully considers market conditions and the impact of a sale before reducing the holding.」
The company continued its policy of annual Board of Directors reviews and reducing holdings deemed to have no significance. Strategic shareholdings comprised 25 unlisted and 11 listed securities, declining from a total of 39 securities in the previous fiscal year to 36. - FY2019Further reduction in holdings and explicit board reviewAnnual report
「The company reviews each year at a Board of Directors meeting the significance and other aspects of holding investments other than those held solely for pure investment purposes, including the need for cooperation to expand the business and maintain, strengthen and stabilize transactions, as well as the economic rationale for holding strategic shareholdings.」
The company explicitly stated that the Board of Directors reviews the significance and economic rationale of strategic shareholdings each year. Holdings comprised 28 unlisted and 11 listed securities, down from 42 in the previous fiscal year. - FY2018RestatedAnnual report
「Number of holdings 42; total balance-sheet carrying amount ¥2,854 million; purpose of holding: strengthening relationships with business partners」
The company continued its policy of holding strategic shareholdings to strengthen relationships with business partners, with 42 holdings and a balance-sheet carrying amount of ¥2,854 million. - FY2017First statedAnnual report
「Number of holdings 42; total balance-sheet carrying amount ¥1,749 million; purpose of holding: strengthening relationships with business partners」
The company held 42 investments other than those held solely for pure investment purposes, with a balance-sheet carrying amount of ¥1,749 million, and stated that their purpose was to strengthen relationships with business partners.