Strategic Shareholdings Held to Strengthen Relationships
First written in FY2016. 5 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「As a result of the review, 5 listed shares were sold during the fiscal year.」
Regarding cross-shareholdings, 5 shares were sold following the sales through the previous fiscal year, leaving 1 holding other than unlisted shares. - FY2025RestatedAnnual report
「At each fiscal year-end, the Board of Directors reviews whether to continue holding each individual policy-held shareholding based on the transaction status with the investee companies and their financial condition, operating results, share prices, dividends, and other relevant matters, and sells shares in a timely and appropriate manner when it determines that the significance of the policy holding has diminished.」
The company continues to conduct individual reviews each fiscal year and sell holdings whose significance has diminished. It holds 6 listed shares, with no sales during the fiscal year. - FY2024AdvancedAnnual report
「As a result of the review, 2 listed shares were sold during the fiscal year.」
Regarding cross-shareholdings, 2 shares were sold during the fiscal year, following the sale of 9 shares in the previous fiscal year, leaving 6 listed shares held. - FY2023AdvancedAnnual report
「As a result of the review, we sold 9 listed and other issues during the fiscal year, for total proceeds of ¥538.678 million.」
Following the sale of 11 issues in the previous fiscal year, we sold 9 issues during the current fiscal year. The number of listed and other issues held decreased from 25 to 8. - FY2022AdvancedAnnual report
「At each fiscal year-end, the Board of Directors reviews whether to continue holding each individual policy-held shareholding based on the transaction status with the investee companies and their financial condition, operating results, share prices, dividends, and other relevant matters, and sells shares in a timely and appropriate manner when it determines that the significance of the policy holding has diminished.」
Based on the annual review policy, we sold 11 listed and other issues during the fiscal year, for total proceeds of ¥293.698 million. - FY2021Holdings updatedAnnual report
「Unlisted shares 7 62,598 Shares other than unlisted shares 25 1,002,906」
Policy-held shares comprise 7 unlisted issues and 25 listed and other issues, with aggregate balance-sheet carrying amounts of ¥62.598 million and ¥1,002.906 million, respectively. The policy of reviewing whether to continue holding them at each fiscal year-end remains in place. - FY2020RestatedAnnual report
「At each fiscal year-end, the Board of Directors reviews whether to continue holding each individual policy-held shareholding.」
Holding policy-held shares based on their significance for strengthening relationships and the growth strategy, while maintaining a policy of reviewing each holding every fiscal year and selling it when its significance has diminished. - FY2019AdvancedAnnual report
「At each fiscal year-end, the Board of Directors reviews whether to continue holding each individual policy-held shareholding. It confirms the transaction status with the investee companies, as well as their financial condition, operating results, share prices, dividends, and other relevant matters, and sells shares in a timely and appropriate manner when it determines that the significance of the policy holding has diminished.」
In addition to a policy of holding shares to strengthen relationships, explicitly stating a policy of reviewing each issue every fiscal year and selling holdings when their significance has diminished. - FY2016First statedAnnual report
「For policy investment purposes (to strengthen relationships)」
We hold 30 stocks for purposes other than pure investment, with a balance-sheet carrying amount of ¥710.757 million.