Cross-Shareholdings to Strengthen Business Relationships
First written in FY2018. 3 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 141 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 May 2026, the Company examined whether it was appropriate to continue holding its cross-shareholdings and confirmed that retaining all such holdings was appropriate.」
After continuing to confirm the appropriateness of the cross-shareholdings, the Company sold all shares in トナミホールディングス and CCI Group during the fiscal year and acquired shares in ハマイ through the employee stock ownership plan. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 19 May 2023, the Company examined whether it was appropriate to continue holding its cross-shareholdings and confirmed that retaining all such holdings was appropriate.」
The Company confirmed the appropriateness of retaining all cross-shareholdings at a Board of Directors meeting held on 19 May 2023. It also disclosed the acquisition of shares in 橋本総業ホールディングス. - FY2021RestatedAnnual report
「For all shares held as cross-shareholdings, the Company examines their significance in detail from the perspective of economic rationality, including whether the benefits and risks associated with holding them are commensurate with the cost of capital, as well as from the perspective of strengthening business relationships. At a meeting of the Board of Directors held on 21 May 2021, the Company examined whether it was appropriate to continue holding its cross-shareholdings and confirmed that retaining all such holdings was appropriate.」
The cross-shareholdings were examined from the perspectives of economic rationality and strengthening business relationships, and the appropriateness of retaining all such holdings was confirmed. - FY2020AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 May 2020, the Company examined whether it was appropriate to continue holding its cross-shareholdings and confirmed that retaining all such holdings was appropriate.」
The Board of Directors examined whether it was appropriate to continue holding the cross-shareholdings and confirmed that retaining all such holdings was appropriate. - FY2018First statedAnnual report
「They are held as part of efforts to strengthen business relationships with customers.」
The filing discloses the policy of holding investment shares to strengthen business relationships with customers, financing providers, outsourced transportation providers and suppliers.