Strategic shareholdings maintained to preserve business relationships
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
78 other companies' latest entry also says "Other".
- FY2026Changes in the valuation of cross-shareholdingsAnnual report
「Unlisted shares 2 121 Shares other than unlisted shares 2 1」
Policy-held shares consisted of 2 unlisted holdings valued at ¥121 million and 2 listed holdings valued at ¥1 million. The number of holdings was unchanged from the previous fiscal year, while their carrying amount increased due to changes in market value and other factors. - FY2025Slight increase in the value of policy-held sharesAnnual report
「Shares other than unlisted shares 2 87」
The number of listed policy-held shares remained at 2, while their carrying amount on the balance sheet increased from ¥85 million in the previous fiscal year to ¥87 million. - FY2024Higher valuation of cross-shareholdingsAnnual report
「Shares other than unlisted shares 2 85」
The number of listed policy-held shares remained at 2, while their carrying amount on the balance sheet increased from ¥67 million in the previous fiscal year to ¥85 million. The policy of reviewing the purpose of the holdings and selling them when they are no longer necessary remains in place. - FY2023Continued sale of cross-held sharesAnnual report
「Shares other than unlisted shares 2 67」
Listed policy-held shares decreased from 5 holdings valued at ¥92 million to 2 holdings valued at ¥67 million. The company sold 3 holdings during the fiscal year and recorded a ¥26 million gain on the sale of investment securities. - FY2022Decrease in the carrying amount of cross-shareholdingsAnnual report
「Shares other than unlisted shares 5 92」
Policy-held shares consisted of 2 unlisted holdings valued at ¥1 million and 5 listed holdings valued at ¥92 million. While the number of holdings showed no significant change from the 7 held in the previous period, their carrying amount decreased from ¥100 million to ¥93 million. - FY2021Increase in the carrying amount of cross-shareholdingsAnnual report
「The company holds shares as cross-shareholdings only when deemed necessary, after comprehensively considering medium- to long-term economic rationality and future prospects, for purposes including smooth business operations and maintaining and strengthening business relationships.」
The number of holdings remained unchanged from the previous period at 7, but their carrying amount on the balance sheet increased from ¥70 million in the previous period to ¥100 million. The policy of reviewing the holdings annually at board meetings and selling them when no longer needed remains in place. - FY2020Fewer holdings and lower balance-sheet value of cross-shareholdingsAnnual report
「The company holds shares as cross-shareholdings only when deemed necessary, after comprehensively considering medium- to long-term economic rationality and future prospects, for purposes including smooth business operations and maintaining and strengthening business relationships.」
The company specified the purposes of cross-shareholdings and its policy of annual review and disposal by the Board of Directors. The number of holdings decreased from 8 securities in the previous fiscal year to 7, and their balance sheet value declined from ¥111 million to ¥70 million. - FY2018First statedAnnual report
「The company holds investment securities for purposes other than pure investment, in order to maintain business relationships.」
The company holds 8 securities for purposes other than pure investment, with a total balance sheet value of ¥111 million, primarily to maintain business relationships.