Management and Divestment of Strategic Shareholdings Based on Business Relationships
First written in FY2019. 1 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Sold 2 listed shares; no acquisitionsAnnual report
「(Securities whose number of shares decreased during the fiscal year) Shares other than unlisted shares 2 80,331」
With respect to cross-held shares, the company sold 2 listed shares and other shares during the fiscal year, disclosing total sale proceeds of ¥80.331 million. No shares were acquired. - FY2025Sold 2 listed shares; no acquisitionsAnnual report
「Shares whose number decreased during the fiscal year under review Shares other than unlisted shares: 2; 56,307」
The company disclosed the sale of 2 listed shares and total sale proceeds of ¥56.307 million from its cross-shareholdings during the fiscal year. The acquisition reported in the previous fiscal year did not occur during the current fiscal year. - FY2024Sold 1 listed share and acquired 1 listed shareAnnual report
「Shares whose number increased during the fiscal year under review Shares other than unlisted shares: 1; 11,819; acquisitions through the business partners' shareholding association and other transactions Shares whose number decreased during the fiscal year under review Shares other than unlisted shares: 1; 108,114」
The company disclosed the acquisition of 1 listed share through a business partners' shareholding association and the sale of 1 listed share, with sale proceeds of ¥108.114 million, in connection with its cross-shareholdings. - FY2023Sold 2 listed sharesAnnual report
「Shares whose number decreased during the fiscal year under review: shares other than unlisted shares: 2; 100,262」
The company disclosed the sale of 2 listed shares and total sale proceeds of ¥100.262 million from its cross-shareholdings during the fiscal year under review. - FY2020RestatedAnnual report
「We intend to continue holding investment shares held for purposes other than pure investment when we determine that doing so will contribute to improving our medium- to long-term corporate value by maintaining and strengthening business relationships with the companies in which we invest. We review the status of transactions with those companies, share prices and dividends four times a year, and sell shares when we determine that the rationale for holding them as cross-shareholdings has diminished, subject to approval by the representative director.」
The company has reaffirmed its policy of reviewing cross-shareholdings four times a year and making sale decisions based on business relationships and medium- to long-term corporate value. - FY2019First statedAnnual report
「We intend to continue holding investment shares held for purposes other than pure investment when we determine that doing so will contribute to improving our medium- to long-term corporate value by maintaining and strengthening business relationships with the companies in which we invest. We review the status of transactions with those companies, share prices and dividends four times a year, and sell shares when we determine that the rationale for holding them as cross-shareholdings has diminished, subject to approval by the representative director.」
For cross-shareholdings, the company sets the maintenance and strengthening of business relationships and contribution to medium- to long-term corporate value as holding criteria, conducts reviews four times a year, and has a policy of selling shares when their rationale has diminished.