Cross-shareholdings held to maintain and strengthen business relationships
First written in FY2018. 1 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Update on Cross-ShareholdingsAnnual report
「Unlisted securities: 5, ¥179 million. Securities other than unlisted securities: 19, ¥1.864 billion. Securities whose number of shares increased during the fiscal year: securities other than unlisted securities, 6 securities, 9 shares, acquired through an employee stock ownership plan for business partners. Securities whose number of shares decreased during the fiscal year: securities other than unlisted securities, 1 security, 44 shares.」
Policy-held securities comprised 5 unlisted securities valued at ¥179 million and 19 listed securities and other securities valued at ¥1.864 billion. The Company acquired shares in 6 securities through an employee stock ownership plan for business partners and sold shares in 1 security. - FY2025Update on Cross-ShareholdingsAnnual report
「Unlisted securities: 5 securities, ¥179 million. Securities other than unlisted securities: 19 securities, ¥1.474 billion. Securities whose number of shares decreased during the fiscal year: 1 security, ¥68 million.」
Policy-held securities comprised 5 unlisted securities valued at ¥179 million and 19 listed securities and other securities valued at ¥1.474 billion. One unlisted security was sold for ¥68 million. - FY2024Continued Sale of Cross-ShareholdingsAnnual report
「Unlisted securities: 6 securities, ¥183 million. Securities other than unlisted securities: 19 securities, ¥1.366 billion. Securities whose number of shares decreased during the fiscal year: 2 securities, ¥268 million. All shares of 中央ビルト工業㈱ and 日鉄物産㈱ were sold during the fiscal year.」
Policy-held securities comprised 19 listed securities valued at ¥1.366 billion, and all 2 securities were sold. The policy of reviewing the rationale for holdings annually continued. - FY2024-Q2Continued partial sale of cross-shareholdingsAnnual report
「Quarterly net income attributable to owners of the parent increased 20.1% year on year to ¥1.468 billion, mainly because the Company sold part of its policy-held securities and recognized gains on sales of investment securities as extraordinary gains.」
The Company recognized a gain on sales of investment securities of ¥84.112 million from the partial sale of policy-held securities, which contributed to the increase in quarterly net income. - FY2024-Q1Continued partial sale of cross-shareholdingsAnnual report
「Quarterly net income attributable to owners of the parent increased 45.9% year on year to ¥882 million, mainly because the Company sold part of its policy-held securities and recognized gains on sales of investment securities as extraordinary gains.」
The Company recognized a gain on sales of investment securities of ¥84.112 million from the partial sale of policy-held securities, which contributed to the increase in quarterly net income. - FY2022Partial Sale of Cross-ShareholdingsAnnual report
「Securities other than unlisted securities: 21 securities, ¥1.329 billion. Securities whose number of shares decreased during the fiscal year: 3 securities, ¥101 million.」
The policy of holding securities to maintain and strengthen business relationships and reviewing the rationale for holdings annually at Board of Directors meetings was maintained. Three securities were sold, leaving 21 listed securities valued at ¥1.329 billion. - FY2022-Q1Partial Sale of Cross-ShareholdingsAnnual report
「Quarterly net income attributable to owners of the parent increased 23.8% year on year to ¥462 million, owing to the recognition of extraordinary gains from the partial sale of policy-held securities and a decrease in income taxes and other taxes.」
Extraordinary gains from the partial sale of policy-held securities were recognized, providing a new result in the management of policy-held securities. - FY2021Update on Cross-ShareholdingsAnnual report
「Number of securities: unlisted securities 6; securities other than unlisted securities 24. Total amount recorded on the balance sheet: ¥1.662 billion.」
Policy-held securities totaled 30 securities valued at ¥1.662 billion, and the policy of reviewing the rationale for holdings annually at Board of Directors meetings continued. - FY2020Update on Cross-ShareholdingsAnnual report
「Each year, the Board of Directors conducts a comprehensive review of the rationale for holding securities from the perspectives of the holding status, risk and return, and the importance of transactions, and determines whether the holdings contribute to improving corporate value over the medium to long term. Unlisted securities: 6 securities, ¥183 million. Securities other than unlisted securities: 28 securities, ¥1.120 billion.」
The policy of holding securities to maintain and strengthen business relationships and the policy of annual reviews by the Board of Directors continued. Holdings totaled 34 securities with a total value of ¥1.303 billion. - FY2019RestatedAnnual report
「Investment securities held for purposes other than pure investment Number of securities 35 securities Total amount recorded on the balance sheet ¥1,908 million」
Policy-held securities comprised 35 securities with a total balance-sheet amount of ¥1.908 billion, and the purpose of holding them continued to be maintaining and strengthening business relationships. - FY2018First statedAnnual report
「Investment shares held for purposes other than pure investment Number of issues: 35 Total balance-sheet carrying amount: ¥2,176 million」
The Company disclosed 35 cross-held equity securities with a total balance-sheet carrying amount of ¥2,176 million, stating that they are held to maintain and strengthen business relationships.