Holding Investment Shares for Business Alliances and Reviewing Their Rationale
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026Transfer of investment shares following exclusion from the equity methodAnnual report
「Shareholdings whose number of shares increased during the fiscal year Unlisted shares 1 0 Transferred from shares of affiliates because the company was excluded from the scope of the equity method」
As a result of transferring shares of a company excluded from the scope of the equity method from shares of affiliates to investment shares, the number of unlisted shareholdings increased to 6 and their carrying amount on the balance sheet was ¥26 million. - FY2025Reduced holdings through the sale of investment sharesAnnual report
「Shareholdings whose number of shares decreased during the fiscal year Unlisted shares 2 ¥1,661 million」
The company sold 2 investment shareholdings held for the purpose of establishing and strengthening business alliances, recording total proceeds of ¥1,661 million. At fiscal year-end, it held 5 unlisted shareholdings with a carrying amount of ¥45 million on the balance sheet. - FY2024AdvancedAnnual report
「Unlisted shares 6 ¥1,559 million」
The company held 6 unlisted shareholdings worth ¥1,559 million for the purpose of establishing and strengthening business alliances. It sold 2 shareholdings for a total of ¥216 million and changed the accounting classification of 1 shareholding due to a change in the scope of consolidation. - FY2023AdvancedAnnual report
「Unlisted shares 2 1,525,416 To establish and strengthen business alliance relationships」
The company acquired 2 unlisted shareholdings for the purpose of establishing and strengthening business alliance relationships, recognizing total acquisition costs of ¥1,525,416 thousand. - FY2021First statedAnnual report
「As a basic policy, the company holds investment shares only when business relationships, collaboration or other arrangements with the investee can enhance the corporate value of both the company and the investee. It also obtains information on investees as appropriate and conducts periodic evaluations to verify whether the original purpose of holding the shares has been achieved and whether continued ownership remains rational.」
It systematically describes for the first time a policy of limiting investment shares to those held to enhance corporate value through business relationships or collaboration, and verifying the rationale for continued ownership through periodic evaluations.