Maintaining and Strengthening Business Relationships through Strategic Shareholdings
First written in FY2018. 8 of 10 entries say "Advanced", first in FY2019. Latest entry: 2026-08-06.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- 2026-08-06AdvancedFinancial Results Presentation
「Approximately 7% of the approximately 20% planned for the 26 Medium-Term Management Plan period has been completed」
Progress was disclosed on the planned sale of approximately 20% of domestic listed shares during the 26 Medium-Term Management Plan period, with approximately 7% completed. - FY2026AdvancedAnnual report
「Unlisted shares 184 5,858 Shares other than unlisted shares 23 38,863 (Issues whose number of shares increased during the fiscal year) Unlisted shares 5 42 For the purpose of creating business opportunities (Issues whose number of shares decreased during the fiscal year) Unlisted shares 3 72 Shares other than unlisted shares 1 112」
For cross-shareholdings, unlisted holdings increased by 5 issues and decreased by 3 issues, while holdings other than unlisted shares decreased by 1 issue. The disclosures indicated that the Board of Directors reviewed the rationality of the holdings and that acquisitions were made to create business opportunities. - 2026-05-12RaisedFinancial Results Presentation
「Planned sale of approximately 20% of domestic listed shares※ Approximately 6% of the approximately 20% planned for the 26 Medium-Term Management Plan period has been completed」
In addition to completing approximately 6% of the approximately 20% of domestic listed shares scheduled for sale during the 26 Medium-Term Management Plan period in fiscal 2025, the company disclosed plans to sell approximately 20% during that period and approximately 50% cumulatively by the end of the next medium-term management plan. - FY2025AdvancedAnnual report
「Unlisted shares 183 5,843 Shares other than unlisted shares 23 22,717 (Issues whose number of shares decreased during the fiscal year) Unlisted shares 2 117 Shares other than unlisted shares 6 461」
For cross-shareholdings, there were 183 unlisted issues and 23 listed and other issues, and holdings were reduced during the fiscal year by 2 unlisted issues and 6 listed and other issues. The Board of Directors continued to review their rationality and reduce the holdings. - FY2024AdvancedAnnual report
「Shares other than unlisted shares 29 21,127 (Issues whose number of shares decreased during the fiscal year) Shares other than unlisted shares 6 1,352」
For cross-shareholdings, the number of issues held other than unlisted shares was 29, and holdings were reduced by 6 issues during the fiscal year. The Board of Directors continued to review the rationality of the holdings and reduce them. - FY2022AdvancedAnnual report
「At meetings of the Board of Directors, the Company verifies each year whether the purpose of holding individual cross-shareholdings is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, while examining their medium- to long-term economic rationality and future outlook, and confirms the necessity of continuing to hold them.」
The annual Board of Directors review of cross-shareholdings continued. During the fiscal year, the number of shares held declined for 5 unlisted issues and 9 issues other than unlisted shares. At fiscal year-end, holdings comprised 180 unlisted issues and 38 other issues. - FY2021AdvancedAnnual report
「Number of issues: 185 unlisted shares, 44 shares other than unlisted shares." Issues whose number of shares decreased during the fiscal year: 2 unlisted shares, 6 shares other than unlisted shares.」
The annual Board of Directors review of cross-shareholdings continued, and during the fiscal year holdings were reduced by 2 unlisted issues and 6 listed issues. - FY2020AdvancedAnnual report
「At meetings of the Board of Directors, the Company verifies each year whether the purpose of holding individual cross-shareholdings is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, while examining their medium- to long-term economic rationality and future outlook, and confirms the necessity of continuing to hold them.」
The annual Board of Directors review of cross-shareholdings continued, and during the fiscal year holdings were reduced by 3 unlisted issues and 2 issues other than unlisted shares. - FY2019AdvancedAnnual report
「At meetings of the Board of Directors, the Company verifies each year whether the purpose of holding individual cross-shareholdings is appropriate and whether the benefits and risks associated with holding them are commensurate with the cost of capital, while examining their medium- to long-term economic rationality and future outlook, and confirms the necessity of continuing to hold them.」
The annual Board of Directors review process for cross-shareholdings was specified, based on comparisons with the cost of capital and medium- to long-term economic rationality. During the fiscal year, holdings were reduced by 4 unlisted issues and 6 listed issues. - FY2018First statedAnnual report
「Number of issues 250 issues Total balance sheet carrying amount ¥24,049 million Held as strategic investments for the purpose of maintaining and strengthening business relationships」
It was first confirmed as a disclosed topic that the Company held 250 issues of investment securities other than those held for pure investment purposes, with a total balance sheet carrying amount of ¥24.049 billion, as strategic investments intended to maintain and strengthen business relationships.