Strengthening Intercompany Transactions and Stabilizing the Shareholder Base Through Cross-Shareholdings
First written in FY2018. 7 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 16 of 138 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 ¥4 million」
The Company sold 1 issue of cross-shareholdings, for total sale proceeds of ¥4 million. The number of shares increased for 6 issues through acquisitions by the employee stock ownership plan and other means, with total acquisition costs of ¥7 million. The Company continued to plan to sell ㈱バナーズ. - FY2025AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 2 ¥4 million」
The Company sold 2 issues of cross-shareholdings, for total sale proceeds of ¥4 million. Following its individual review, it continued to plan to sell ㈱バナーズ at an appropriate time. - FY2023AdvancedAnnual report
「Shares other than unlisted shares 1 ¥60 million」
For cross-shareholdings, the Company sold 1 issue other than unlisted shares during the fiscal year, for total sale proceeds of ¥60 million. The Company continued to plan to sell ㈱バナーズ. - FY2022AdvancedAnnual report
「Shares other than unlisted shares 2 ¥8 million」
For cross-shareholdings, the Company sold 2 issues other than unlisted shares during the fiscal year, for total sale proceeds of ¥8 million. The Company continued to plan to sell ㈱バナーズ. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors, the Company reviewed each stock holding as of the fiscal year-end based on the above policy, considering factors including the volume of intercompany transactions, the effect of maintaining and strengthening stable relationships, annual dividends, valuation gains or losses based on acquisition cost and market value, and whether the auditor had expressed an opinion regarding the going-concern assumption. As a result, it concluded that holding the shares was appropriate except for those of ㈱バナーズ.」
The Company continued its individual review of cross-shareholdings and determined that holdings were appropriate except for ㈱バナーズ. It also disclosed a decrease in the number of shares of 1 issue other than unlisted shares, with sale proceeds of ¥91 million. - FY2020AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 ¥71 million」
For cross-shareholdings, the Company disclosed a decrease in the number of shares of 1 issue during the fiscal year, with total sale proceeds of ¥71 million. The shares sold were not identified. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors, the Company reviewed each stock holding as of 31 March 2019 based on the above policy, considering factors including the volume of intercompany transactions, the effect of maintaining and strengthening stable relationships, annual dividends, valuation gains or losses based on acquisition cost and market value, and whether the auditor had expressed an opinion regarding the going-concern assumption. As a result of its comprehensive assessment, the Company decided to continue holding all shares other than those of ㈱バナーズ. It determined that holding the shares of ㈱バナーズ produced no identifiable benefits and decided to sell them at an appropriate time.」
The Company conducted an individual review of its cross-shareholdings and decided to sell its shares of ㈱バナーズ. - FY2018First statedAnnual report
「Strengthening intercompany transactions Stabilizing the shareholder base」
For investment shares held for purposes other than pure investment, the Company states that their purposes are to strengthen intercompany transactions and stabilize the shareholder base.