Holding and Selection of Investment Securities to Maintain Business Relationships
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Higher recorded amount despite a decline in the number of holdingsAnnual report
「As of 31 March 2026, the proportion of net assets was 13.7%. ... We verify the holding policy, the method for verifying the rationale for holdings, and the appropriateness of holding individual securities twice a year at meetings of the Board of Directors, comprehensively considering economic conditions, stock-market conditions and relationships with business partners.」
The number of strategic shareholdings decreased from 24 in the previous fiscal year to 23, while the balance-sheet carrying amount increased from ¥1,896.155 million to ¥2,842.739 million. The Board of Directors' review frequency was explicitly stated to be twice a year. - FY2026-H1Increase in the carrying amount of investment securitiesAnnual report
「Investment securities ¥1,908.069 million ¥2,331.629 million」
The balance-sheet carrying amount of investment securities increased from ¥1,908.069 million at the end of the previous fiscal year to ¥2,331.629 million. No change in the policy of holding them to maintain business relationships was disclosed. - FY2025Increase in the number and carrying value of holdingsAnnual report
「Shares other than unlisted shares 24 ¥1,896.155 million」
The policy of strategic shareholdings to maintain and strengthen business relationships, together with twice-yearly reviews by the Board of Directors, continued. The number of holdings increased from 21 in the previous fiscal year to 24, and the carrying amount increased from ¥1,542.438 million to ¥1,896.155 million. - FY2024Increase in the number and carrying value of holdingsAnnual report
「Shares other than unlisted shares 21 ¥1,542.438 million」
The policy of strategic shareholdings to maintain and strengthen business relationships, together with annual reviews by the Board of Directors, continued. The number of holdings increased from 19 in the previous fiscal year to 21, and the carrying amount increased from ¥1,353.587 million to ¥1,542.438 million. - FY2023Increase in carrying amountAnnual report
「Shares other than unlisted shares 19 ¥1,353.587 million」
The number of strategic shareholdings was 19, unchanged from the previous fiscal year, while the balance-sheet carrying amount increased from ¥1,192.526 million in the previous fiscal year to ¥1,353.587 million. The policy of maintaining and strengthening business relationships and conducting periodic reviews continued. - FY2022Decrease in carrying amountAnnual report
「Shares other than unlisted shares 19 ¥1,192.526 million」
The number of strategic shareholdings was 19, unchanged from the previous fiscal year, while the balance-sheet carrying amount decreased from ¥1,286.125 million in the previous fiscal year to ¥1,192.526 million. - FY2021Changes in the number of holdings and carrying amountAnnual report
「The securities held at the end of the fiscal year are intended to maintain and strengthen business relationships.」
The policy on strategic shareholdings and periodic reviews by the Board of Directors continued. The number of holdings excluding unlisted shares decreased from 20 in the previous fiscal year to 19, while the balance-sheet carrying amount increased from ¥1,025.954 million to ¥1,286.125 million. - FY2020Increase in the number of holdings and change in carrying amountAnnual report
「The securities held at the end of the fiscal year are intended to maintain and strengthen business relationships.」
The policy on strategic shareholdings and periodic reviews by the Board of Directors continued. The number of holdings excluding unlisted shares increased from 19 in the previous fiscal year to 20, while the carrying amount decreased from ¥1,064.331 million to ¥1,025.954 million. - FY2019Changes in the number of holdings and carrying amountAnnual report
「We hold shares in companies deemed necessary as part of our management strategy to achieve sustainable growth and enhance social and economic value, including through technology alliances, stable procurement of parts and the maintenance of sound financial transactions, and to build good relationships with business partners and facilitate the smooth advancement of our business.」
The policy of strategic shareholdings to maintain and strengthen business and financial relationships, together with periodic reviews, was reconfirmed. At the end of the current fiscal year, there were 19 holdings excluding unlisted shares, with a balance-sheet carrying amount of ¥1,064.331 million. - FY2018First statedAnnual report
「We hold investment securities to maintain business relationships and for other reasons. We periodically review the securities we hold.」
The policy of holding investment securities to maintain business relationships and periodically selecting securities was identified for the first time. There were 18 strategically held shares, with a balance-sheet carrying amount of ¥1,225.795 million.