Strategic Shareholdings Held to Maintain and Develop Business Relationships
First written in FY2017. 4 of 10 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Securities whose number of shares decreased during the fiscal year Unlisted shares — Shares other than unlisted shares 1 / 8 unlisted securities, 9 securities other than unlisted shares」
Regarding policy-held shares, the Company continues its policy of reviewing holdings at the April Board of Directors meeting, including comparison with the cost of capital, and sold 1 listed and other security during the period. - FY2025AdvancedAnnual report
「Securities whose number of shares decreased during the fiscal year Unlisted shares 1 Shares other than unlisted shares 3 / 9 unlisted securities, 8 securities other than unlisted shares」
The Company continues its policy of reviewing holdings at the April Board of Directors meeting, including comparison with the cost of capital, and sold 1 unlisted security and 3 listed and other securities during the period. Holdings decreased to 9 unlisted securities and 8 listed and other securities. - FY2024AdvancedAnnual report
「Securities whose number of shares decreased during the fiscal year Unlisted shares — Shares other than unlisted shares 5 / 10 unlisted securities, 11 securities other than unlisted shares」
The Company continues its policy of reviewing holdings at the April Board of Directors meeting, including comparison with the cost of capital, and sold 5 listed and other securities during the period. - FY2023AdvancedAnnual report
「Securities whose number of shares decreased during the fiscal year Unlisted shares 1 Shares other than unlisted shares 8 / At the Board of Directors meeting held each April, the Company conducts a detailed review of each policy-held share, including whether the purpose of holding it and the returns, such as unrealized gains on the shares as of the fiscal year-end and investment recovery amounts, are commensurate with the cost of capital, and verifies whether continued holding is appropriate.」
The Company continues its annual review at the April Board of Directors meeting, including comparison with the cost of capital, and sold 8 listed and other securities during the period. Holdings comprise 10 unlisted securities and 12 listed and other securities. - FY2022Updated the review and holdings of policy-held sharesAnnual report
「At the Board of Directors meeting held each April, the Company conducts a detailed review of each policy-held share, including whether the purpose of holding it and the returns, such as unrealized gains on the shares as of the fiscal year-end and investment recovery amounts, are commensurate with the cost of capital, and verifies whether continued holding is appropriate.」
The Company continues to review its holdings at the April Board of Directors meeting, including comparison with the cost of capital, and holds 10 unlisted securities and 19 listed and other securities. - FY2021Updated the review and holdings of policy-held sharesAnnual report
「At the Board of Directors meeting held each April, the Company conducts a detailed review of each policy-held share, including whether the purpose of holding it and the returns, such as unrealized gains on the shares as of the fiscal year-end and investment recovery amounts, are commensurate with the cost of capital, and verifies whether continued holding is appropriate.」
The Company continues to review its holdings at the April Board of Directors meeting, including comparison with the cost of capital, and holds 11 unlisted securities and 22 listed and other securities. - FY2020Updated the review and holdings of policy-held sharesAnnual report
「At the Board of Directors meeting held each April, the Company conducts a detailed review of each policy-held share, including whether the purpose of holding it and the returns, such as unrealized gains on the shares as of the fiscal year-end and investment recovery amounts, are commensurate with the cost of capital, and verifies whether continued holding is appropriate.」
The Company continues to review its holdings at the April Board of Directors meeting, including comparison with the cost of capital. Holdings now comprise 11 unlisted securities and 24 listed and other securities. - FY2019Updated the review process and holdings of policy-held sharesAnnual report
「At the Board of Directors meeting held each April, the Company conducts a detailed review of each policy-held share, including whether the purpose of holding it and the returns, such as the investment recovery amount calculated by combining the unrealized gain on the shares as of the fiscal year-end with dividends received over 5 years, are commensurate with the cost of capital, and verifies whether continued holding is appropriate.」
The Company disclosed its annual review process for individual policy-held shares at the April Board of Directors meeting, including comparison with the cost of capital. Holdings comprised 11 unlisted securities and 26 listed securities, with a total carrying amount on the balance sheet of ¥6,576 million. - FY2018Updated the number of holdings and carrying valueAnnual report
「Equity securities held for purposes other than pure investment 55 securities Total carrying amount on the balance sheet ¥6,342,093 thousand / Holding purpose Maintaining and developing business relationships」
Policy-held shares comprised 55 securities, with a total carrying amount on the balance sheet of ¥6,342 million. The holding purpose remains the maintenance and development of business relationships. - FY2017First statedAnnual report
「Equity securities held for purposes other than pure investment 61 securities Total carrying amount on the balance sheet ¥5,632,105 thousand / Holding purpose Maintaining and developing business relationships」
The Company held 61 equity securities for purposes other than pure investment, with a total carrying amount on the balance sheet of ¥5,632 million, for the purpose of maintaining and developing business relationships.