Sale of Investment Securities Through a Review of Cross-Shareholdings
First written in FY2017. 2 of 8 entries say "Achieved", first in FY2017. Latest entry: FY2025.
- FY2025Explicit shift from sales-focused management to strategic holdings and stronger cooperationAnnual report
「We may hold cross-shareholdings when, after considering their strategic importance, medium- to long-term economic rationality and the potential for future growth through cooperation, among other factors, we determine that doing so will contribute to improving corporate value over the medium to long term.」
In addition to sales to improve asset efficiency, the document explicitly states the policy of holding and acquiring cross-shareholdings to strengthen cooperation with business partners and support future growth. - FY2024Acquisition of 4 cross-shareholdings, increasing the number of holdingsAnnual report
「During the fiscal year under review, the holdings that increased comprised 2 unlisted shareholdings and 2 shareholdings other than unlisted shareholdings, all of which were acquired to strengthen cooperation with business partners.」
For cross-shareholdings, 2 unlisted and 2 listed holdings were acquired to strengthen cooperation with business partners. At the end of the fiscal year, the holdings comprised 5 unlisted and 4 listed holdings. - FY2023Disclosure of 5 cross-shareholdings accounting for less than 3% of total assetsAnnual report
「The cross-shareholdings currently held by us account for less than 3% of total assets, and the Board of Directors does not review individual cross-shareholdings.」
The company discloses that its cross-shareholdings comprise 3 unlisted and 2 listed holdings, for a total of 5 holdings, and account for less than 3% of total assets. - FY2022Acquisition of 2 cross-shareholdingsAnnual report
「During the fiscal year under review, the holdings that increased comprised 1 unlisted shareholding and 1 shareholding other than an unlisted shareholding, both of which were acquired to strengthen cooperation with business partners.」
For the cross-shareholdings that had been sold through the previous fiscal year, the document states that 2 holdings were acquired during the fiscal year under review to strengthen cooperation with business partners, and that the holdings continue to be retained. - FY2019No sales during the fiscal year; holdings retainedAnnual report
「The cross-shareholdings currently held by us account for less than 2% of total assets, and the Board of Directors does not review individual cross-shareholdings.」
Although sales had been pursued through the previous fiscal year, there was no reduction in the number of shares or record of sales during the fiscal year under review, and the company continued to hold cross-shareholdings. It explains that the holdings amount to less than 2% of total assets. - FY2018AdvancedAnnual report
「This was attributable to proceeds from the sale of investment securities (¥197 million), among other items.」
For investment securities, we recorded proceeds from sales of ¥197 million and gains on sales of ¥164 million in the fiscal year under review, and continue to review and sell our investments. - FY2018-Q3AchievedAnnual report
「We decided to sell part of our investment securities and completed the sale on 24 January 2018. As a result, we will record a gain on sale of investment securities (extraordinary income) in the fourth quarter of the fiscal year ended March 2018. ① Reason for sale of investment securities To improve asset efficiency by reviewing our cross-shareholdings. ② Details of sale of investment securities Shares sold 1 listed security Sale date 24 January 2018 Number of shares sold 43,000 shares Sale price ¥117 million Gain on sale of investment securities ¥99 million」
The document states that the sale of 1 listed security following a review of cross-shareholdings was completed on 24 January 2018, and that a sale price of ¥117 million and a gain on sale of ¥99 million are expected to be recorded. - FY2017AchievedAnnual report
「To improve asset efficiency by reviewing our cross-shareholdings, we sold 1 listed security representing 37,000 shares on 3 April 2017. The sale price was ¥80 million, and the gain on sale of investment securities was ¥64 million.」
The document describes, as a subsequent event, the sale of 1 listed security following a review of cross-shareholdings to improve asset efficiency.