Change in the purpose of holding investment shares to maintain and strengthen business relationships
First written in FY2019. 2 of 8 entries say "Advanced", first in FY2025-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「Shares other than unlisted shares 6 ¥519.479 million」
Strategic shareholdings decreased from 9 issues in the previous fiscal year to 6 issues, while their balance-sheet carrying amount decreased from ¥1,197.530 million to ¥519.479 million. During the current fiscal year, 3 issues were sold for total proceeds of ¥674.106 million. - FY2025-H1RestatedAnnual report
「In connection with the reduction of shareholdings, gains on the sale of investment securities were recorded as extraordinary income.」
The recording of gains on the sale of investment securities associated with the reduction of shareholdings has also been reconfirmed for the interim consolidated accounting period. Gains on the sale of investment securities of ¥533.635 million were recorded in the interim consolidated income statement. - FY2025-Q1AdvancedAnnual report
「In connection with the reduction of shareholdings, gains on the sale of investment securities were recorded as extraordinary income.」
The Company reduced its strategic shareholdings and recorded gains on the sale of investment securities of ¥533.635 million as extraordinary income. The policy of reviewing shareholdings has resulted in actual sales. - FY2024Updated the carrying amount and composition of investment sharesAnnual report
「The Company has a policy of strategically holding shares in business partners when it determines that doing so will contribute to increasing the Group's medium- to long-term corporate value by maintaining and strengthening business relationships and through other means. The Board of Directors reviews annually whether the holding purpose for each issue remains appropriate.」
The policy of holding strategic shares has been reconfirmed: the purpose is to maintain and strengthen business relationships and increase medium- to long-term corporate value, with the rationale and necessity of the holdings reviewed annually by the Board of Directors. Excluding unlisted shares, the holdings comprised 8 issues with a carrying amount of ¥1,345.847 million. - FY2023Updated the carrying amount and composition of investment sharesAnnual report
「Shares other than unlisted shares 9 ¥1,197.530 million」
Investment shares held for purposes other than pure investment comprised 9 issues, with a balance-sheet carrying amount of ¥1,197.530 million. Listed shares held for pure investment comprised 5 issues totaling ¥112.052 million, down from 9 issues totaling ¥448.812 million in the previous fiscal year. - FY2021Updated the carrying amount of investment sharesAnnual report
「Shares other than unlisted shares 9 ¥1,049.704 million」
Investment shares held for purposes other than pure investment comprised 9 issues, with a balance-sheet carrying amount of ¥1,049.704 million. The policy of holding them to strengthen relationships with business partners, reviewing the rationale for holding them annually at Board of Directors meetings, and reducing them as necessary remains in place. - FY2020Updated the carrying amount and management policy for investment sharesAnnual report
「The Board of Directors reviews shares held in business partners every year to determine whether they contribute to strengthening business relationships and, ultimately, the development of the Company's business. Where the rationale for holding them is limited, the Company will reduce its holdings as appropriate, taking into account share prices and market conditions.」
The stated holding purpose is to build sound relationships with business partners and promote the business. The Board of Directors reviews the holdings annually, and the management policy is to reduce holdings where their rationale is limited. Excluding unlisted shares, the holdings comprised 9 issues with a carrying amount of ¥941.557 million. - FY2019First statedAnnual report
「Number of listed shares held for purposes other than pure investment and total amount recorded on the balance sheet: 9 issues, ¥824,053 thousand. Purpose of holding shares for purposes other than pure investment: maintaining and strengthening business relationships.」
The filing reports 9 strategic shareholdings with a balance-sheet value of ¥824,053 thousand, held to maintain and strengthen business relationships.