Maintaining Business Relationships Through Strategic Shareholdings
First written in FY2018. 11 of 14 entries say "Advanced", first in FY2019. Latest entry: FY2025.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「The company completed the sale during the fiscal year of 1 holding for which consent to sell had been obtained in the previous fiscal year.」
Regarding strategic shareholdings, the company completed the sale of 1 holding for which consent to sell had been obtained in the previous fiscal year and recorded sale proceeds of ¥194 million. - FY2025-H1AdvancedAnnual report
「Cash flow from investing activities amounted to ¥76 million, reflecting proceeds of ¥193 million from the sale of investment securities, among other items, despite payments of ¥189 million for the acquisition of property, plant and equipment and intangible assets.」
The company continued to sell investment securities in connection with the reduction of strategic shareholdings and recorded sales proceeds of ¥193 million. - FY2024AdvancedAnnual report
「During the fiscal year, the company obtained consent to sell 2 holdings among its shares other than unlisted shares and made partial sales. It also completed the sale during the fiscal year of 1 holding for which consent to sell had been obtained in the previous fiscal year.」
Regarding strategic shareholdings, the company proceeded with partial sales of 2 holdings during the year and completed the sale of 1 holding carried over from the previous fiscal year. The number of holdings other than unlisted shares decreased by 3, and total sale proceeds amounted to ¥579 million. - FY2024-Q2AdvancedAnnual report
「Cash flows from investing activities amounted to ¥353 million, owing mainly to proceeds of ¥417 million from sales of investment securities, despite expenditures of ¥81 million for the acquisition of property, plant and equipment and intangible assets.」
In connection with its policy of reducing strategic shareholdings, the company recorded proceeds of ¥417 million from sales of investment securities. - FY2024-Q1RestatedAnnual report
「Regarding strategic shareholdings for which a decision to sell had been made, the company plans to execute the sales after taking into account the terms of consent with the counterparty companies and stock market conditions.」
Regarding strategic shareholdings for which sales had been decided, the company plans the sales based on the terms of consent with the counterparty companies and stock market conditions. - FY2023AdvancedAnnual report
「During the fiscal year, the company obtained consent to sell 1 holding among its shares other than unlisted shares and made a partial sale. It also completed the sale during the fiscal year of 2 holdings for which consent to sell had been obtained in the previous fiscal year.」
Regarding strategic shareholdings, the company proceeded with the sale of 3 holdings during the year and recorded total sale proceeds of ¥356 million. - FY2023-Q2RestatedAnnual report
「Cash flows from investing activities amounted to ¥92 million, owing mainly to proceeds of ¥100 million from a decrease in time deposits and ¥110 million from sales of investment securities, despite expenditures of ¥146 million for the acquisition of property, plant and equipment and intangible assets.」
The company continued to sell investment securities, including strategic shareholdings, and recorded proceeds of ¥110 million from the sales. - FY2022-Q3AdvancedAnnual report
「Among extraordinary gains, the company proceeded with sales of strategic shareholdings as part of its capital policy and recognized a gain on sales of investment securities of ¥292 million.」
The company continued to sell strategic shareholdings, recognizing a gain on sales of investment securities of ¥292 million. - FY2022-Q2AdvancedAnnual report
「Among extraordinary gains, the company proceeded with sales of strategic shareholdings as part of its capital policy and recognized a gain on sales of investment securities of ¥248 million.」
The company continued to reduce and sell strategic shareholdings, recognizing a gain on sales of investment securities of ¥248 million. - FY2022-Q1AdvancedAnnual report
「As part of its capital policy, the company proceeded with sales of strategic shareholdings and recognized a gain on sales of investment securities of ¥105 million as an extraordinary gain.」
The company continued to reduce and sell strategic shareholdings, recognizing a gain on sales of investment securities of ¥105 million. - FY2021-Q2AdvancedAnnual report
「The company also moved to unwind cross-shareholdings as part of the effective use of its assets and recognized a gain on sales of investment securities of ¥54 million.」
The company continued to reduce strategic shareholdings and unwind cross-shareholdings, recognizing a gain on sales of investment securities of ¥54 million. - FY2020AdvancedAnnual report
「As part of the effective use of its assets, the company moved to unwind cross-shareholdings and recognized a gain on sales of investment securities of ¥258 million as an extraordinary gain.」
In line with its policy of reducing strategic shareholdings, the company unwound cross-shareholdings, sold 2 holdings and recognized a gain on sales of investment securities of ¥258 million. - FY2019AdvancedAnnual report
「The company holds cross-shareholdings with the aim of contributing to the enhancement of corporate value over the medium to long term, from the perspective of building stable, long-term business relationships with counterparties and strengthening alliances. The Board of Directors reviews the significance of each holding once a year, and the company plans to reduce holdings that are deemed, as a result of the review, to no longer have an appropriate purpose.」
In addition to the previous purpose of maintaining business relationships, the company specified its policy of conducting annual reviews by the Board of Directors and reducing holdings that no longer have significance. - FY2018First statedAnnual report
「Purpose of holding To maintain mutual relationships」
The company disclosed 31 equity holdings held for purposes other than pure investment, with a total balance-sheet carrying amount of ¥2,068 million, as being held to maintain mutual relationships with business partners and others.