Review of the Rationale for Holding Strategic Shareholdings
First written in FY2019. 1 of 5 entries say "Restated". Latest entry: FY2026.
- FY2026Increase in holdings of shares held for pure investment purposesAnnual report
「Unlisted shares: 3, 17,960; 3, 17,960. Shares other than unlisted shares: 10, 6,630,201; 8, 4,394」
While shares held for cross-shareholding purposes remain not applicable, shares other than unlisted shares held for pure investment purposes increased from 8 securities and ¥4.394 million in the previous fiscal year to 10 securities and ¥6,630.201 million. - FY2025Reduction in holdings of shares held for pure investment purposesAnnual report
「Unlisted shares: 3, 17,960; 3, 17,960. Shares other than unlisted shares: 8, 4,394; 10, 705,660」
Shares held for cross-shareholding purposes remain not applicable, while shares other than unlisted shares held for pure investment purposes decreased from 10 securities and ¥705.660 million in the previous fiscal year to 8 securities and ¥4.394 million. - FY2023RestatedAnnual report
「Investments held for purposes other than pure investment: There are no applicable matters.」
The company states that there are no cross-shareholdings and discloses its holdings under the pure investment purpose category. - FY2021Change to pure investment purpose; no cross-shareholdingsAnnual report
「b. Number of securities and amounts recorded on the balance sheet: Not applicable.」
While stating that the number of securities and amounts recorded on the balance sheet for cross-shareholdings are not applicable, the company disclosed a change in the purpose of its 500 shares of Joshin Denki Co., Ltd. from a purpose other than pure investment to a pure investment purpose. - FY2019First statedAnnual report
「The company holds these shares as cross-shareholdings as part of its management strategy of forming business alliances to enhance corporate value and building good relationships with business partners. It also regularly reviews each cross-shareholding and verifies whether continued ownership is appropriate.」
The company’s stated purpose for cross-shareholdings is to form business alliances and maintain business relationships, and it has a policy of regularly verifying whether holdings of individual securities remain appropriate.