Strategic Shareholdings Held to Maintain and Develop Business Relationships and Secure Stable Financing
First written in FY2018. 2 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Review and update of the number of cross-held sharesAnnual report
「Based on a review as of 28 February 2026, the Board of Directors confirmed at its March 2026 meeting that all currently held cross-shareholdings are held for purposes consistent with the holding policy.」
The company continued its annual review and held 7 unlisted issues and 19 listed issues. 1 unlisted issue became a listed issue following its new listing. - FY2025Review and update of the number of cross-held sharesAnnual report
「Based on a review as of 28 February 2025, the Board of Directors confirmed at its March 2025 meeting that all currently held cross-shareholdings are held for purposes consistent with the holding policy.」
The company continued its annual review and held 8 unlisted issues and 18 listed issues. It sold shares in 1 unlisted issue. - FY2024AdvancedAnnual report
「Based on a review as of 29 February 2024, the Board of Directors confirmed at its March 2024 meeting that all currently held cross-shareholdings are held for purposes consistent with the holding policy.」
The company conducted its annual review of cross-shareholdings and confirmed consistency with its holding policy for 9 unlisted issues and 18 listed issues. It sold all shares in 2 listed issues. - FY2021RestatedAnnual report
「Once a year, the Board of Directors reviews the status of transactions with the companies concerned, their financial condition, operating results, share prices and dividends, as well as the cost of capital, and considers and decides whether to continue the cross-shareholdings.」
The company continues its policy of holding shares to maintain and strengthen business relationships, with an annual review by the Board of Directors. - FY2019AdvancedAnnual report
「The company holds cross-shareholdings only where doing so is expected to enhance corporate value through the maintenance and strengthening of business relationships with the companies concerned. Once a year, the Board of Directors reviews the status of transactions with the companies concerned, their financial condition, operating results, share prices and dividends, as well as the cost of capital, and considers and decides whether to continue the cross-shareholdings.」
The company disclosed a policy of reviewing cross-shareholdings once a year and confirmed their consistency with its holding policy at a Board of Directors meeting in March 2019. - FY2018First statedAnnual report
「Number of issues and aggregate balance sheet carrying amount of investment shares held for purposes other than pure investment 32 issues ¥3,683.342 million」
The company disclosed that it holds specified investment shares to maintain and develop business relationships and secure stable funding.