Review of Strategic Shareholdings Held for Business Relationship Purposes
First written in FY2016. 2 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026ReframedAnnual report
「As we actively make CVC investments as an investment vehicle for expanding our business areas under our capital policy, we classify investments in shares held for purposes other than pure investment as either strategic holdings or policy holdings, and divide our investments in shares into the following 3 categories.」
In addition to its conventional review of cross-shareholdings, the Company organized strategic holdings, including CVC investments, as a separate category. It disclosed 5 strategic holdings and 15 policy holdings, and also reported the termination of its capital alliance with ニーズウェル. - FY2025Updated cross-shareholding informationAnnual report
「Each fiscal year, we review the appropriateness of holding each individual cross-shareholding. Based on the review conducted as of 31 March 2025, we confirmed that all cross-shareholdings currently held are held for purposes consistent with our holding policy.」
The Company continued its annual review and disclosed that it held 12 unlisted issues totaling ¥1,785.902 million and 12 listed issues totaling ¥2,267.585 million. It also reported the acquisition of 3 unlisted issues, the acquisition of 1 listed issue and the sale of 1 listed issue. - FY2024Updated cross-shareholding informationAnnual report
「Each fiscal year, we review the appropriateness of holding each individual cross-shareholding. Based on the review conducted as of 31 March 2024, we confirmed that all cross-shareholdings currently held are held for purposes consistent with our holding policy.」
The Company continued its annual review and disclosed that it held 9 unlisted issues totaling ¥1,201.199 million and 13 listed issues totaling ¥2,330.809 million. - FY2023Updated cross-shareholding informationAnnual report
「Each fiscal year, we review the appropriateness of holding each individual cross-shareholding. Based on the review conducted as of 31 March 2023, we confirmed that all cross-shareholdings currently held are held for purposes consistent with our holding policy.」
The Company continued its annual review and confirmed that all shares held are consistent with its holding policy. It held 8 unlisted issues totaling ¥1,066.199 million and 13 listed issues totaling ¥1,644.904 million, and reported an increase of 1 unlisted issue through the establishment and capitalization of a new company, an increase of 1 listed issue to strengthen business relationships, and the sale of 1 listed issue. - FY2022Updated cross-shareholding informationAnnual report
「Each fiscal year, we review the appropriateness of holding each individual cross-shareholding. Based on the review conducted as of 31 March 2022, we confirmed that all cross-shareholdings currently held are held for purposes consistent with our holding policy.」
The Company conducted its annual review and confirmed that all cross-shareholdings held are consistent with its policy. It held 7 unlisted issues and 14 listed issues, and reported acquisitions and an increase through its employee stock ownership plan to strengthen business relationships, as well as the sale of 1 issue during the fiscal year. - FY2020AdvancedAnnual report
「Each fiscal year, we review the appropriateness of holding each individual cross-shareholding. Based on the review conducted as of 31 March 2020, we confirmed that all cross-shareholdings currently held are held for purposes consistent with our holding policy.」
The Company conducted its annual review and confirmed that all currently held issues are consistent with its holding policy. It also entered into a capital and business alliance, including the acquisition of ニーズウェル shares. - FY2018RestatedAnnual report
「We acquire and hold cross-shareholdings when, after comprehensively considering the need to maintain and strengthen relationships with business partners, business requirements, economic rationality and other factors, we determine that they will contribute to enhancing our corporate value over the medium to long term. Each year, the Board of Directors reviews the purpose and significance of the principal cross-shareholdings. We sell shares that are determined to have limited significance, while taking into consideration the impact on the market and other factors.」
The Company reiterated its policy on holding, annually reviewing the significance of, and selling cross-shareholdings. It held 18 issues, with a balance-sheet carrying amount of ¥2,123.288 million. - FY2017RestatedAnnual report
「We acquire and hold cross-shareholdings when, after comprehensively considering the need to maintain and strengthen relationships with business partners, business requirements, economic rationality and other factors, we determine that they will contribute to enhancing our corporate value over the medium to long term. Each year, the Board of Directors reviews the purpose and significance of the principal cross-shareholdings. We sell shares that are determined to have limited significance, while taking into consideration the impact on the market and other factors.」
The Company reiterated its policy of reviewing cross-shareholdings annually. During the fiscal year, it held 17 issues with a carrying amount of ¥2,016.918 million. - FY2016First statedAnnual report
「We acquire and hold cross-shareholdings when, after comprehensively considering the need to maintain and strengthen relationships with business partners, business requirements, economic rationality and other factors, we determine that they will contribute to enhancing our corporate value over the medium to long term. Each year, the Board of Directors reviews the purpose and significance of the principal cross-shareholdings. We sell shares that are determined to have limited significance, while taking into consideration the impact on the market and other factors.」
The Company held 17 cross-shareholdings, with a total balance-sheet carrying amount of ¥1,646.405 million, and stated its policy of reviewing their significance each year.