Strategic shareholdings for the purpose of maintaining and strengthening business relationships
First written in FY2019. 3 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Acquisition of shares for new businesses, changes in holding purpose and salesAnnual report
「The Company acquires shares to create new businesses and propose added value to existing customers. Although the shares were held mainly to maintain and strengthen business relationships, the purpose of holding them was changed to pure investment after the reciprocal holding arrangement was dissolved and the rationale for holding them as cross-shareholdings ceased to exist.」
For cross-shareholdings, the Company describes the acquisition of unlisted shares to create new businesses and propose added value to existing customers, as well as changes in holding purpose following the dissolution of reciprocal holdings and the sale of NTT shares. - 2026-05-15AdvancedFinancial results briefing materials
「・Reduction of non-operating assets (cash and deposits, cross-shareholdings)」
Cross-shareholdings are explicitly positioned as assets to be reduced as part of efforts to improve asset efficiency. - FY2025One unlisted shareholding soldAnnual report
「Unlisted shares 1 30,000」
During the fiscal year, the Company sold 1 unlisted cross-held shareholding for ¥30.000 million. - FY2024Sold 1 cross-held shareholdingAnnual report
「Shares other than unlisted shares 1 58,719」
During the fiscal year, the Company sold 1 cross-held shareholding held to maintain and strengthen its business relationship, for ¥58.719 million. - FY2023RestatedAnnual report
「Investment securities held for purposes other than pure investment are periodically measured at fair value, the rationale for holding those shares is reviewed, and the holdings are approved by the president and the head of the Administration Division.」
The Company continues its policy of periodically measuring cross-shareholdings at fair value, reviewing the rationale for continued holding and obtaining approval from the president and the head of the Administration Division. - FY2021RestatedAnnual report
「In principle, acquisitions of shares held for purposes other than pure investment require board approval. Investment securities held for purposes other than pure investment are also periodically measured at fair value, their continued holding is reviewed for rationality, and the holdings are approved by the president and the head of the Administration Division.」
For cross-shareholdings held to maintain business relationships, the Company continues to conduct board approval, periodic fair value assessments and reviews of the rationale for continued holding. - FY2020RestatedAnnual report
「The Company classifies securities held to profit from changes in market value as investment securities held for pure investment purposes, and shares in business partners and others held to maintain and strengthen stable business relationships as investment securities held for purposes other than pure investment.」
The Company continues its policy of classifying cross-shareholdings held to maintain and strengthen business relationships. - FY2019First statedAnnual report
「The Company classifies shares in business partners and others held to maintain and strengthen stable business relationships as investment securities held for purposes other than pure investment.」
The Company states its policy of classifying shares held to maintain and strengthen business relationships as cross-shareholdings, subjecting acquisitions to board approval and conducting periodic fair value assessments and reasonableness reviews.