Strategic shareholdings held to maintain and strengthen business relationships
First written in FY2017. 10 of 14 entries say "Advanced", first in FY2022. Latest entry: 2026-10-31.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「During the current fiscal year, the issues whose number of shares declined were 2 issues other than unlisted shares.」
The company sold 2 listed issues and other shares among its cross-shareholdings, leaving 28 unlisted issues and 18 listed issues. The sale price was ¥1,055.441 million, and the company stated that it plans to use the proceeds for growth investment, shareholder returns and other purposes. - FY2026-H1AdvancedAnnual report
「Meanwhile, the company decided to reorganize its production structure, including suspending some plants, consolidating production lines and shifting to businesses with stronger demand, and also worked to reduce its cross-shareholdings.」
The company stated that it continues to reduce its cross-shareholdings. It also recorded proceeds of ¥811.203 million from the sale of investment securities. - FY2025AdvancedAnnual report
「During the current fiscal year, the issue whose number of shares declined was 1 issue other than unlisted shares. The holdings comprised 28 unlisted issues and 19 issues other than unlisted shares.」
The company sold 1 listed issue among its cross-shareholdings, reducing its listed holdings from 20 issues at the end of the previous fiscal year to 19. Meanwhile, the number of shares held in 1 issue increased through the business partner employee shareholding association. - FY2024AdvancedAnnual report
「During the current fiscal year, the issues whose number of shares declined were 1 unlisted issue and 1 issue other than unlisted shares. The holdings comprised 28 unlisted issues and 20 issues other than unlisted shares.」
The company sold 1 unlisted issue and 1 listed issue among its cross-shareholdings, leaving 28 unlisted issues and 20 listed issues. - FY2023AdvancedAnnual report
「Each year, the Board of Directors individually verifies the rationale for each holding. For issues whose significance as holdings has diminished, the company consults with business partners and others and proceeds with reductions.」
During the current fiscal year, the company sold 1 listed issue among its cross-shareholdings, leaving 28 unlisted issues and 21 listed issues. - FY2022AdvancedAnnual report
「As disclosed last December, the company is proceeding with the sale of its cross-shareholdings and plans to use the proceeds to increase investment in ESG and growth areas.」
The company is actively reducing its cross-shareholdings and has stated that it will direct the sale proceeds to ESG investment and investment in growth areas. Individual disclosures also state that it sold 1 unlisted issue and 1 listed issue. - FY2021RestatedAnnual report
「The company holds cross-shareholdings when it determines that doing so will facilitate financial activities, strengthen relationships with business partners and business alliance partners, or otherwise contribute to the sustainable growth of the 日コングループ Group and the enhancement of corporate value over the medium to long term. Each year, the Board of Directors individually verifies the rationale for each holding. For issues whose significance as holdings has diminished, the company consults with business partners and others and proceeds with reductions.」
The company continues its policy of holding shares to strengthen relationships with business partners and business alliance partners, as well as its policy of verifying their rationale annually and reducing holdings with limited significance. - FY2019RestatedAnnual report
「The company holds cross-shareholdings when it determines that doing so will facilitate financial activities, strengthen relationships with business partners and business alliance partners, or otherwise contribute to the sustainable growth of the 日コングループ Group and the enhancement of corporate value over the medium to long term. Each year, the Board of Directors individually verifies the rationale for each holding. For issues whose significance as holdings has diminished, the company consults with business partners and others and proceeds with reductions.」
The company has stated that it will maintain its policy of using cross-shareholdings to strengthen relationships with business partners and others, while verifying their rationale annually and reducing holdings with limited significance. - FY2018RestatedAnnual report
「Number of issues: 56; total carrying amount on the balance sheet: ¥9,238.657 million.」
The company holds 56 cross-shareholdings, with a total balance-sheet carrying amount of ¥9,238.657 million, and continues its policy of holding them to maintain and strengthen business relationships. - FY2017First statedAnnual report
「Investment shares held for purposes other than pure investment: 56 issues; total carrying amount on the balance sheet: ¥8,854.991 million; purpose of holding: maintaining and strengthening business relationships.」
The company holds 56 issues of shares for purposes other than pure investment, with a total balance-sheet carrying amount of ¥8,854.991 million, to maintain and strengthen business relationships.