Strategic Shareholdings Held to Maintain and Develop Business Relationships
First written in FY2017. 5 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 141 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Our policy is to keep the amount of listed and unlisted cross-shareholdings combined at no more than 10% of consolidated net assets, and we maintained this target as of the end of the consolidated fiscal year for the 90th term.」
The company has specified a quantitative upper limit of no more than 10% of consolidated net assets for cross-shareholdings and continues its annual review of whether holdings should be retained and its policy of reducing them. - FY2024AdvancedAnnual report
「During the fiscal year, the number of shares held increased for 11 unlisted issues and 3 issues other than unlisted shares, due to initiatives involving technology cooperation and joint development.」
The company expanded its cross-shareholdings for technology cooperation, joint development, maintaining purchasing relationships and collaboration on social issues. Holdings now comprise 41 unlisted issues and 26 listed or other issues. - FY2023AdvancedAnnual report
「During the fiscal year, the number of shares held increased for 9 unlisted issues and 4 issues other than unlisted shares, due to business alliances involving technology cooperation, joint development, and development, manufacturing and sales.」
The company increased its cross-shareholdings for technology cooperation, joint development and business alliances, reporting increases of 9 unlisted issues and 4 listed or other issues. It also continues its policy of conducting an annual review of whether holdings should be retained and reducing holdings whose significance is limited. - FY2021-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 25 September 2020, the company resolved to sell part of its investment securities and entered into a share transfer agreement on 2 October.」
For cross-shareholdings and other investment securities, the company resolved to sell part of its holdings to use assets more effectively and has proceeded with the sale, valued at approximately ¥3.2 billion. - FY2020AdvancedAnnual report
「Once a year, the Board of Directors conducts a detailed review of all listed shares held as cross-shareholdings, specifically examining their importance to business alliances, business relationships and other business strategies, and comprehensively considers the economic rationale of each cross-shareholding, including the benefits and risks associated with holding it, to verify and assess whether it should be retained.」
The company has established a policy of conducting an annual individual review of cross-shareholdings held to maintain business and technology relationships, and selling and reducing holdings whose significance is limited. - FY2017First statedAnnual report
「Investment securities held for purposes other than pure investment: 36 issues; total amount recorded on the balance sheet: ¥10,341 million」
The company discloses holdings of investment securities intended to maintain and develop business relationships with customers, suppliers, banks and technology partners, comprising 36 issues with a total value of ¥10,341 million.