Shareholdings to strengthen business relationships
First written in FY2016. 7 of 10 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 16 of 137 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
Cross-shareholdings comprised 7 unlisted issues and 19 listed issues. During the fiscal year, the company sold 8 listed issues, while the number of shares increased in 2 issues. - FY2025AdvancedAnnual report
「As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
Cross-shareholdings comprised 7 unlisted issues and 21 listed issues. During the fiscal year, the company sold 1 unlisted issue and 4 listed issues, while acquiring 1 listed issue. - FY2023AdvancedAnnual report
「To verify the rationale for holding cross-shareholdings, the company periodically reviews their significance and appropriateness at meetings of the Board of Directors after confirming the status of transactions with the investee companies, as well as their business performance, share prices and dividends, while also considering the comparison with other effective uses of funds. As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
Cross-shareholdings comprised 8 unlisted issues and 22 listed issues. During the fiscal year, the company sold 3 listed issues and acquired 1 listed issue. It continued its periodic reviews and reductions. - FY2022AdvancedAnnual report
「As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
The company continued its periodic reviews and reduction policy for cross-shareholdings, which comprised 8 unlisted issues and 23 listed issues. During the fiscal year, it sold 5 listed issues and acquired 1 listed issue. - FY2021AdvancedAnnual report
「As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
Cross-shareholdings comprised 8 unlisted issues and 27 listed issues. During the fiscal year, the company sold 6 listed issues and acquired 1 listed issue. It continued its periodic reviews and reductions. - FY2020AdvancedAnnual report
「As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
The company continued its periodic reviews by the Board of Directors and its reduction policy. Cross-shareholdings comprised 8 unlisted issues and 32 listed issues. The company acquired 3 issues and sold 1 issue. - FY2019AdvancedAnnual report
「To verify the rationale for holding cross-shareholdings, the company periodically reviews their significance and appropriateness at meetings of the Board of Directors after confirming the status of transactions with the investee companies, as well as their business performance, share prices and dividends, while also considering the comparison with other effective uses of funds. As a result of the review, shares judged to have suffered a significant decline in the significance or rationale for holding them are reduced, including through sales.」
The company specifically disclosed its policy of periodically reviewing the rationale for cross-shareholdings through the Board of Directors and selling or reducing holdings whose significance or rationale has declined. The holdings comprised 8 unlisted issues and 31 listed issues. - FY2018Update to the disclosed figures for cross-shareholdingsAnnual report
「Number of issues: 41 issues Total balance-sheet carrying amount: ¥10,324 million」
The company held 41 non-investment-purpose shares, with a total balance-sheet carrying amount of ¥10,324 million. The purpose of holding each issue continued to be stated as strengthening business relationships. - FY2017Update to the disclosed figures for cross-shareholdingsAnnual report
「Number of issues: 43 Total balance-sheet carrying amount: ¥9,919 million」
The company held 43 non-investment-purpose shares, with a total balance-sheet carrying amount of ¥9,919 million. The purpose of holding them continued to be stated as strengthening business relationships. - FY2016First statedAnnual report
「Classification, names, number of shares, balance-sheet carrying amounts and holding purposes of investment shares held for purposes other than pure investment.」
The company held 44 designated investment stocks with a total balance-sheet carrying amount of ¥8,841 million, stating that the purpose of holding each issue was to strengthen business relationships.