Cross-shareholdings held to maintain and strengthen business relationships
First written in FY2017. 1 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Continued reduction of cross-shareholdingsAnnual report
「The number of issues other than unlisted shares was 18, with a total balance-sheet carrying amount of ¥13,183 million. During the fiscal year, the company increased its holdings in 2 issues and sold 8 issues.」
Strategic shareholdings decreased from 26 issues in the previous period to 18, with 8 issues sold and 2 issues purchased. The policy on holdings and the annual Board review continue. - FY2025Increased sales of strategic shareholdings and changes in the balanceAnnual report
「The number of issues other than unlisted shares was 26, with a total balance-sheet carrying amount of ¥10,086 million. During the fiscal year, the company increased its holdings in 2 issues and sold 13 issues.」
Strategic shareholdings decreased from 39 issues to 26, with 13 issues sold and 2 issues purchased. The carrying amount changed from ¥8,182 million to ¥10,086 million. - FY2023Changes in strategic shareholdings and continued purchases and salesAnnual report
「The number of issues other than unlisted shares was 39, with a total balance-sheet carrying amount of ¥8,182 million. During the fiscal year, the company increased its holdings in 5 issues and sold 2 issues.」
The company held 39 strategic shareholdings, whose carrying amount changed from ¥8,059 million to ¥8,182 million. It increased its holdings in 5 issues to strengthen business relationships while selling 2 issues. - FY2022Decrease in strategic shareholdings and continued purchases and salesAnnual report
「The number of issues other than unlisted shares was 39, with a total balance-sheet carrying amount of ¥8,059 million. During the fiscal year, the company increased its holdings in 5 issues and sold 5 issues.」
Listed and other strategic shareholdings decreased from 42 issues worth ¥8,664 million in the previous period to 39 issues worth ¥8,059 million. The company increased its holdings in 5 issues to strengthen business relationships while selling 5 issues. - FY2021Reduction of strategic shareholdings while continuing to increase holdingsAnnual report
「The number of issues other than unlisted shares was 42, with a total balance-sheet carrying amount of ¥8,664 million. During the fiscal year, the company increased its holdings in 6 issues and sold 2 issues.」
The number of listed and other strategic shareholdings decreased from 44 issues in the previous period to 42. The company increased its holdings in 6 issues to strengthen business relationships while selling 2 issues. - FY2020Disclosure of trading in and balances of cross-shareholdingsAnnual report
「The company has established internal standards for cross-shareholdings, with the primary purpose of such holdings being to maintain stable business relationships and other objectives. Each year, the Board of Directors reviews the necessity and rationale for holding these securities, taking into comprehensive consideration factors including their stability as investments. As a result, the company considers selling and reducing holdings that it determines have limited significance.」
The policy on strategic shareholdings and the annual Board review will continue. During the period, the company held 6 unlisted issues worth ¥432 million and 44 listed issues worth ¥5,819 million, increasing its holdings in 8 issues while selling 3 issues. - FY2019AdvancedAnnual report
「The company has established internal standards for cross-shareholdings, with the primary purpose of such holdings being to maintain stable business relationships and other objectives. Each year, the Board of Directors reviews the necessity and rationale for holding these securities, taking into comprehensive consideration factors including their stability as investments. As a result, the company considers selling and reducing holdings that it determines have limited significance.」
The company disclosed its internal standards and annual Board of Directors reviews for cross-shareholdings, and indicated a policy of selling and reducing holdings deemed to have limited significance. - FY2017First statedAnnual report
「Investment securities held for purposes other than pure investment: 52 issues; total amount recorded on the balance sheet: ¥10,031 million. Holding purpose: maintaining and strengthening business relationships.」
The company held 52 investment securities for purposes other than pure investment, with a balance-sheet carrying amount of ¥10,031 million, primarily to maintain and strengthen business relationships.