Strategic shareholdings held to maintain business relationships
First written in FY2017. 7 of 14 entries say "Advanced", first in FY2019. Latest entry: 2026-09-28.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Changes in the composition of policy-held sharesAnnual report
「During the fiscal year, the company sold some policy-held shares.」
The company disclosed that it continues its policy of reviewing the rationale for policy-held shares and reducing holdings where appropriate, while it had no record of selling listed shares during the fiscal year. It also disclosed an increase in 2 issues through employee stock ownership plan purchases and the sale of all shares in MS&AD Insurance Group Holdings held as deemed-held shares. - FY2025Transfers and changes in policy-held sharesAnnual report
「During the fiscal year, the company sold some policy-held shares.」
The company sold 3 policy-held shares for ¥495 million, while the number of shares held increased for 4 issues, equivalent to ¥3,305 million, due to the maintenance and strengthening of business relationships and the return of shares held in a retirement benefit trust. - FY2024Changes in Cross-ShareholdingsAnnual report
「Under this policy, the company sold some policy-held shares during the fiscal year.」
During the fiscal year, the company sold 1 listed policy-held share, while the number of shares held increased for 3 issues to maintain and strengthen business relationships. - FY2023AdvancedAnnual report
「Shares other than unlisted shares: 4; 337」
The company reviewed the rationale for its policy-held shares and sold 4 listed issues during the fiscal year, generating proceeds of ¥337 million. - FY2022AdvancedAnnual report
「Under this policy, the company sold some policy-held shares during the fiscal year.」
The company reviewed the rationale for each policy-held share and sold some holdings during the fiscal year, including 13 listed issues with total proceeds of ¥425 million. - FY2021RestatedAnnual report
「The company will reduce holdings that, following its review, are deemed to lack a rational basis for ownership. It applies the same reduction policy to deemed-held shares.」
The company continues its policy of holding shares to maintain and strengthen business relationships and reducing holdings that are not deemed rational. - FY2020AdvancedAnnual report
「The company will reduce holdings that, following its review, are deemed to lack a rational basis for ownership. It applies the same reduction policy to deemed-held shares. Under this policy, the company sold some policy-held shares in fiscal 2019.」
The company disclosed that it reviewed the rationale for each policy-held share and sold some holdings in fiscal 2019. The holdings comprised 16 unlisted issues and 34 listed issues. - FY2019AdvancedAnnual report
「In fiscal 2018, following its review, the company sold some of its policy-held shares.」
The company disclosed a policy of reviewing the purpose and risk-return profile of each policy-held share and reducing holdings that were not deemed rational, as well as the actual sale of some holdings. - FY2018RestatedAnnual report
「Number of issues: 64; total amount recorded on the balance sheet: ¥2,933 million」
The company disclosed holdings of 64 policy-held shares, with a carrying amount of ¥2,933 million, held to maintain long-term, stable relationships with business partners, relationship banks and others. - FY2017First statedAnnual report
「Number of issues: 65; total amount recorded on the balance sheet: ¥2,626 million」
The company disclosed that it held 65 investments in shares for purposes other than pure investment, with a carrying amount of ¥2,626 million, to maintain long-term, stable relationships with major customers, relationship banks and business partners.