Maintaining and Developing Business Relationships through Strategic Shareholdings
First written in FY2017. 4 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Increase in holdings with no salesAnnual report
「Excluding unlisted shares, there were 9 holdings with a total balance-sheet carrying amount of ¥676.137 million.」
There were 9 cross-shareholdings, no holdings were sold during the fiscal year, and the carrying amount increased from ¥420.654 million in the previous fiscal year to ¥676.137 million. Following the Board of Directors’ annual review, the Company concluded that continuing to hold them was rational. - FY2024Increase in holdings with no salesAnnual report
「Excluding unlisted shares, there were 9 holdings with a total balance-sheet carrying amount of ¥420.654 million.」
There were 9 cross-shareholdings, no holdings were sold during the fiscal year, and the carrying amount increased from ¥293.247 million in the previous fiscal year to ¥420.654 million. The stock split of Daiichi Jitsugyo Co., Ltd. is also disclosed. - FY2023AdvancedAnnual report
「For shares deemed no longer necessary to hold, we are working to reduce cross-shareholdings by pursuing sales and taking other measures.」
During the fiscal year, 6 cross-shareholdings were sold. Excluding unlisted shares, 9 holdings remained, with a balance-sheet carrying amount of ¥293.247 million. - FY2022AdvancedAnnual report
「For cross-shareholdings, based on the “Criteria for Determining the Appropriateness of Holding Cross-Shareholdings and Criteria for Exercising Voting Rights,” we verify the medium- to long-term economic rationale, future prospects and other factors for each holding, and the Board of Directors reviews the purpose and rationale for holding each shareholding every fiscal year. For shares deemed no longer necessary to hold, we are working to reduce cross-shareholdings by pursuing sales and taking other measures.」
There were 9 cross-shareholdings excluding unlisted shares, valued at ¥276.645 million, and 6 holdings were sold during the fiscal year. - FY2021RestatedAnnual report
「For cross-shareholdings, based on the “Criteria for Determining the Appropriateness of Holding Cross-Shareholdings and Criteria for Exercising Voting Rights,” we verify the medium- to long-term economic rationale, future prospects and other factors for each holding, and the Board of Directors reviews the purpose and rationale for holding each shareholding every fiscal year.」
We continue to review cross-shareholdings every fiscal year and maintain a policy of selling shares that are no longer necessary to hold. At the end of the fiscal year, there were 10 holdings valued at ¥281.05 million, and 5 holdings were sold. - FY2020AdvancedAnnual report
「For shares deemed no longer necessary to hold, we are working to reduce cross-shareholdings by pursuing sales and taking other measures.」
Five cross-shareholdings excluding unlisted shares were sold, reducing their balance-sheet carrying amount from ¥256.49 million in the previous fiscal year to ¥225.396 million. - FY2019AdvancedAnnual report
「For shares deemed no longer necessary to hold, we are working to reduce cross-shareholdings by pursuing sales and taking other measures.」
Five cross-shareholdings were sold, reducing the carrying amount excluding unlisted shares from ¥332.15 million in the previous fiscal year to ¥256.49 million. - FY2018RestatedAnnual report
「Cross-shareholdings held for important strategic purposes, including maintaining and developing smooth business relationships and strengthening relationships through business alliances」
The company holds 10 cross-shareholdings with a total balance-sheet carrying amount of ¥332.15 million to maintain and develop business relationships and for business alliances and other purposes. - FY2017First statedAnnual report
「Cross-shareholdings held for important strategic purposes, including maintaining and developing smooth business relationships and strengthening relationships through business alliances」
The company holds 10 equity securities for purposes other than pure investment, with a total balance-sheet carrying amount of ¥315.886 million, to maintain and develop business relationships and for business alliances and other purposes.