Shareholdings Held to Build, Maintain and Strengthen Business Relationships
First written in FY2018. 5 of 9 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Shares whose number decreased during the fiscal year Shares other than unlisted shares 5 Total sale price relating to the decrease in the number of shares: ¥927 million」
The company sold 5 listed shares held as cross-shareholdings, for total sale proceeds of ¥927 million. It implemented a further reduction in cross-shareholdings as a measure to improve capital efficiency. - FY2026-H1AdvancedAnnual report
「Net income attributable to owners of the parent was ¥693 million, up 21.3% year on year, due mainly to the recognition of gains on the sale of cross-shareholdings as extraordinary income as part of efforts to improve capital efficiency, and the recognition of business structure reform costs incurred at overseas subsidiaries as extraordinary losses.」
The company sold cross-shareholdings to improve capital efficiency and recorded the gains on sale as extraordinary income. - FY2025AdvancedAnnual report
「Shares whose number decreased during the fiscal year Shares other than unlisted shares 3 Total sale price relating to the decrease in the number of shares: ¥549 million」
The company sold 3 shares other than unlisted shares held as cross-shareholdings, recording total sale proceeds of ¥549 million. It is taking concrete steps to reduce these holdings to improve capital efficiency. - FY2024Sale of 1 cross-held shareholdingAnnual report
「Shares whose number decreased during the fiscal year Shares other than unlisted shares 1 Total sale price relating to the decrease in the number of shares: ¥43 million」
The company sold 1 cross-shareholding. Meanwhile, due to the rise in share prices, the balance of holdings other than unlisted shares increased to ¥6,193 million. - FY2020Reclassification of some cross-shareholdings as held for pure investment purposesAnnual report
「Following discussions at the Board of Directors meeting in May 2020, the classification of the investment shares was changed to holdings for pure investment purposes.」
Following verification by the Board of Directors, the classification of 株式会社アーレスティ was changed to holdings for pure investment purposes. - FY2019RestatedAnnual report
「When holding cross-shareholdings, the company comprehensively considers factors including the establishment, maintenance and strengthening of business relationships, economic rationality and consistency with its management policies, and does so after examining the rationality of the holding purpose.」
The company continues its policy of having the Board of Directors verify its cross-shareholdings in terms of business relationships, economic rationality and consistency with its management policies. - FY2018First statedAnnual report
「The shares are held to establish, maintain and strengthen business relationships.」
The company holds 19 listed shares for the purpose of establishing, maintaining and strengthening business relationships, with a total balance sheet carrying amount of ¥4,816 million.