Limited Holdings of Strategic Shareholdings and Rationality Assessments
First written in FY2019. 7 of 10 entries say "Advanced", first in FY2024-Q3. Latest entry: 2026-07-30.
- FY2026-H1AdvancedAnnual report
「Interim net income attributable to owners of the parent was ¥925 million, due in part to the recognition of a ¥170 million gain on the sale of investment securities resulting from the reduction of cross-held shares to improve capital efficiency」
The company implemented reductions and sales of policy-held shares and recognized a gain on sale of investment securities of ¥107 million. In addition to the previous policy and implementation of sales, reductions were also recorded during the interim period. - FY2025AdvancedAnnual report
「During the current fiscal year, in accordance with the company’s policy on strategic shareholdings, it sold shares of 9 specific investment issues and reduced its holdings in 2 issues.」
The company sold shares of 9 issues and reduced its ownership ratio in 2 issues, recognizing proceeds from sales of ¥1,769.3 million and gains on sales of ¥1,462.93 million. - FY2025-H1AdvancedAnnual report
「2 listed investment securities held by the company (2) Sale date 8 November 2024 (3) Gain on sale of investment securities ¥117.129 million」
The company sold shares of 2 issues and recognized a gain on sale of ¥117.129 million. The process progressed from a policy of reducing holdings and resolutions to sell to actual sales. - FY2024AdvancedAnnual report
「During the current fiscal year, based on the results of reviews conducted at meetings of the Board of Directors held in May 2023 and February 2024, the company resolved to sell all shares of 3 specific investment issues and to sell shares of 4 issues, and is proceeding with the sales in stages.」
For policy-held shares, the company resolved to sell all shares of 3 issues and adopt a policy of selling shares of 4 issues, moving the reduction process into the implementation phase. It also indicated a policy of further reducing its holdings by the fiscal year ending March 2025. - FY2024-Q3AdvancedAnnual report
「In addition to recording a foreign exchange gain of ¥151 million due to foreign exchange movements and selling investment securities through the reduction of cross-shareholdings to improve capital efficiency, ordinary income was ¥295 million, an increase of ¥1,412 million from the same quarter of the previous year.」
The company stated that it had reduced its policy-held shares to improve capital efficiency and sold investment securities. The disclosure progressed from a policy of verifying the rationale for holding the shares to an implementation phase involving reductions and sales. - FY2022RestatedAnnual report
「For shares held at the end of the current fiscal year, the company verified the holding purpose and whether the expected dividend yield exceeded its return on assets, among other factors, and decided to continue holding them.」
The company decided to continue holding policy-held shares after verifying the expected dividend yield, economic rationale, future outlook, risk-return profile and business relationship. - FY2021RestatedAnnual report
「For shares held at the end of the current fiscal year, the company verified the holding purpose and whether the expected dividend yield exceeded its return on assets, among other factors, and decided to continue holding them.」
The company decided to continue holding policy-held shares after verifying the economic rationale, future outlook, risk-return profile and other factors for each issue. - FY2019First statedAnnual report
「The policy is to hold such shares on a limited basis when it is determined that doing so will maintain and strengthen a long-term, stable relationship with the investee, provide benefits from a business-strategy perspective, and contribute to increasing the corporate value of the investee and the Group.」
The company stated for the first time that it will hold policy-held shares on a limited basis and verify the economic rationale, future outlook, risk-return profile and business relationship for each issue.