Strategic Shareholdings Held to Maintain Business Relationships
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 141 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 5 1,145,897」
During the year, the company reduced its cross-shareholdings by 5 issues and recorded total sale proceeds of ¥1,145.897 million. This shows that the portfolio was reviewed based on the annual assessment of the rationale for continuing to hold the securities. - FY2022RestatedAnnual report
「However, once a year, at a Board of Directors meeting attended by outside directors, the company comprehensively reviews the appropriateness of the holding purpose, the economic rationality of the holdings, market risk, credit risk and other risks associated with the holdings, for the portfolio as a whole and for individual issues, and determines whether to continue holding them.」
The company reconfirmed its practice of reviewing once a year, at a Board of Directors meeting attended by outside directors, the rationale for continuing to hold cross-shareholdings. - FY2019Annual review of cross-shareholdings disclosedAnnual report
「However, once a year, at a Board of Directors meeting attended by outside directors, the company comprehensively reviews the appropriateness of the holding purpose, the economic rationality of the holdings, market risk, credit risk and other risks associated with the holdings, for the portfolio as a whole and for individual issues, and determines whether to continue holding them.」
The company disclosed that, once a year, the Board of Directors, with outside directors in attendance, reviews the rationale for continuing to hold cross-shareholdings held to strengthen business relationships and for other purposes. - FY2018First statedAnnual report
「Among investment securities, those held for purposes other than pure investment: 37 issues; total balance-sheet carrying amount: ¥3,932.898 million」
The company disclosed that it held 37 investment securities for purposes other than pure investment, with a balance-sheet carrying amount of ¥3,932.898 million. The stated purpose of holding them is to maintain business relationships.