Cross-Shareholdings Held to Maintain Business Relationships
First written in FY2017. 12 of 14 entries say "Advanced", first in FY2019. Latest entry: 2026-09-25.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- 2026-09-25AdvancedOccurring Fact
「当社保有の上場有価証券１銘柄（株式会社 UACJ）」
政策保有株式の縮減について、UACJ株式の売却を実行し、売却金額約283億円、売却益約217億円を計上する段階へ進んだ。 - 2026-09-24Advancedwww.nikkei.com
「Furukawa Electric will sell all 12,746,000 shares it holds through a securities company, effective 25th.」
A plan was announced to sell all 12,746,000 UACJ shares for approximately ¥28.6 billion, and it was reported that the reduction of policy-held shares is moving forward in concrete terms. - 2026-09-24AdvancedEarnings forecast revision
「(1) Reason for sale Reduction of cross-held shares and securing growth capital (2) Shares to be sold 1 listed security held by the Company (UACJ Corporation) (4) Sale price (expected) Approximately ¥28.6 billion (5) Gain on sale (expected) Gain on sales of investment securities of approximately ¥22.0 billion」
The reduction of cross-held shares progressed to a concrete planned sale of one holding, UACJ shares, for approximately ¥28.6 billion. The Company indicated that the gain on sale would be used to secure growth capital. The original thread remains unchanged. - FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 9 26,463」
Policy-held shareholdings comprised 16 listed and 74 unlisted holdings, and the Company reduced its listed holdings by 9. Although the carrying amount increased due to the rise in share prices, the policy of reducing holdings through sales remains in place. - 2026-05-12AdvancedEarnings
「Gain on sales of investment securities ¥19.3 billion」
The Company proceeded with the partial sale of cross-held shares and other securities and recorded a gain on sales of investment securities. - FY2025AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 6 1,646」
The Company continued its annual Board of Directors review of policy-held shareholdings and disclosed holdings of 16 listed and 74 unlisted shares. It reduced its listed holdings by 6 and continued to scale them back. - FY2024AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: shares other than unlisted shares: 8 3,916」
The Company reviewed the rationale for its policy-held shareholdings at a meeting of the Board of Directors and reduced its listed holdings by 8. At fiscal year-end, it held 75 unlisted and 16 listed holdings, and also recognized a gain on the sale of a portion of its investment securities. - FY2024-Q3AdvancedAnnual report
「This was mainly due to the sale of a portion of the policy-held shareholdings.」
The Company recognized a gain on sales of investment securities of ¥4,152 million during the nine-month cumulative period of the fiscal year, mainly from selling a portion of its policy-held shareholdings. Its efforts to reduce policy-held shareholdings and verify their rationale are progressing to actual sales. - FY2022AdvancedAnnual report
「The Company holds shares deemed meaningful from the perspectives of improving capital efficiency and their necessity for its business activities, and seeks to reduce holdings deemed unsuitable to retain.」
The Company reviews the rationale for policy-held shareholdings annually and disclosed 17 listed and 78 unlisted holdings. It sold 1 listed holding while acquiring 4 unlisted holdings. - FY2021AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares: 4 9,180」
The Company continued its annual Board of Directors review of policy-held shareholdings, and listed holdings decreased from 24 to 17. - FY2020AdvancedAnnual report
「The Company also examines each year at a meeting of the Board of Directors whether it is appropriate to continue holding all listed shares among investment shares held for purposes other than pure investment.」
The Company continued its annual Board of Directors review of policy-held shareholdings. Listed holdings decreased from 24 to 18, and unlisted holdings decreased to 75. - FY2019AdvancedAnnual report
「Each year, the Company examines at a meeting of the Board of Directors whether it is appropriate to continue holding all listed shares among investment shares held for purposes other than pure investment.」
The Company explicitly stated that the Board of Directors conducts an annual review of policy-held shareholdings. During the fiscal year, the number of listed holdings decreased by 10. At fiscal year-end, the Company held 78 unlisted and 24 listed holdings. - FY2018RestatedAnnual report
「Number of holdings: 107; total balance-sheet carrying amount: ¥44,345 million」
The Company disclosed 107 policy-held shareholdings with a total balance-sheet carrying amount of ¥44,345 million and continued its policy of holding them to maintain and strengthen business relationships and other relationships. - FY2017First statedAnnual report
「Held for policy purposes to maintain and strengthen business relationships with issuers and other relationships」
The Company disclosed 107 policy-held shareholdings, with a total carrying amount on the balance sheet of ¥41,544 million, stating that they are held to maintain and strengthen business relationships and other relationships.