Maintaining business transactions, business alliances and financial transactions through cross-shareholdings
First written in FY2017. 4 of 13 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2019: 16 of 137 companies on the "Worse" side.
- FY2026Reduction and sale of cross-shareholdingsAnnual report
「Shares other than unlisted shares 13 ¥1,277.072 million Shares other than unlisted shares 1 ¥316.314 million」
Cross-shareholdings decreased from 14 issues with a value of ¥1,346.557 million in the previous fiscal year to 13 issues with a value of ¥1,277.072 million. While selling 1 issue for ¥316.314 million, the Company acquired 3 issues through a business partner stock ownership association. - FY2025Increase in the value of cross-shareholdings and acquisition of 3 issuesAnnual report
「Shares other than unlisted shares 14 ¥1,346.557 million」
The Company held 14 cross-shareholdings, whose balance-sheet value increased from ¥1,312.549 million in the previous fiscal year to ¥1,346.557 million. It acquired 3 issues through a business partner stock ownership association to maintain and expand business relationships with major customers. - FY2024AdvancedAnnual report
「Shares other than unlisted shares 14 ¥1,312.549 million」
The Company held 14 cross-shareholdings with a balance-sheet value of ¥1,312.549 million. While selling 1 issue for ¥99.739 million, it acquired 3 issues through a business partner stock ownership association and continued to have the Board of Directors review their rationale. - FY2024-Q3AdvancedAnnual report
「Gain on sale of investment securities ¥80.023 million」
For the sale of 1 listed issue reported in the previous quarter, the Company recognized a gain on the sale of investment securities of ¥80.023 million for the nine-month period ended in the third quarter. - FY2024-Q2Partial sale to improve asset efficiency and strengthen the financial positionAnnual report
「In November 2023, the Company sold part of its investment securities holdings, consisting of 1 listed issue, to improve asset efficiency and strengthen its financial position. As a result, it will recognize a gain on the sale of investment securities of ¥79.904 million as extraordinary income for the third quarter of the fiscal year ending March 2024.」
The Company disclosed the policy and fact of selling 1 listed issue as a material subsequent event, with the aim of improving asset efficiency and strengthening its financial position. - FY2023Increase in the carrying value of strategic shareholdingsAnnual report
「Shares other than unlisted shares 14 ¥981.038 million」
Cross-shareholdings remained at 14 issues, while their value increased from ¥898.561 million at the end of the previous fiscal year to ¥981.038 million. The Company continues its policy of holding the shares to maintain and strengthen business and alliance relationships and periodically reviewing their rationale at Board of Directors meetings. - FY2022Decline in the Number and Carrying Value of Cross-ShareholdingsAnnual report
「Shares other than unlisted shares 14 ¥898.561 million」
Cross-shareholdings decreased from 15 issues with a value of ¥989.462 million in the previous fiscal year to 14 issues with a value of ¥898.561 million. The Company continues its policy of holding the shares to maintain and strengthen business and alliance relationships and periodically reviewing their rationale at Board of Directors meetings. - FY2021Fewer cross-shareholdings and higher valuationAnnual report
「Shares other than unlisted shares 15 ¥989.462 million」
Cross-shareholdings decreased from 16 issues with a value of ¥687.101 million in the previous fiscal year to 15 issues with a value of ¥989.462 million. The Company continues to hold the shares to maintain and strengthen business and alliance relationships and to periodically review their rationale at Board of Directors meetings. - FY2020Reduction in the number and carrying value of cross-shareholdings and review of their rationaleAnnual report
「Shares other than unlisted shares 16 ¥687.101 million」
Cross-shareholdings decreased from 18 issues with a value of ¥922.937 million in the previous fiscal year to 16 issues with a value of ¥687.101 million. The Company stated that it holds the shares to maintain and strengthen business and alliance relationships and will periodically review their rationale at Board of Directors meetings. - FY2018Update to the number and carrying value of cross-shareholdingsAnnual report
「18 issues ¥922.937 million」
During the fiscal year, the Company disclosed 18 cross-shareholdings with a balance-sheet value of ¥922.937 million. It retained its previous explanation of the purpose of the holdings, including maintaining and expanding business relationships, developing business alliances and facilitating financial transactions. - FY2017First statedAnnual report
「For investment shares held for purposes other than pure investment, the Company discloses purposes including maintaining and expanding business relationships, holding shares to develop business alliances, and facilitating financial transactions.」
For the first time, the Company disclosed cross-shareholdings as a consolidated topic, citing purposes such as maintaining and expanding business relationships, developing business alliances and facilitating financial transactions. During the fiscal year, it held 19 issues with a balance-sheet value of ¥686.583 million.