Restraint on Additional Purchases of Cross-Shareholdings and Verification of Holding Rationale
First written in FY2019. 1 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026Acquired unlisted shares for ¥100 million and sold listed shares for ¥272 millionAnnual report
「1 unlisted issue 100 Acquired to strengthen relationships with business partners」
While continuing the policy of generally not making additional purchases, we acquired 1 unlisted issue for ¥100 million to strengthen relationships with business partners and sold 1 issue other than unlisted shares for ¥272 million. - FY2024Acquisition cost of unlisted shares increased to ¥110 million, with no shares soldAnnual report
「During the fiscal year, the number of shares held increased for 2 unlisted issues, and the total acquisition cost related to the increase amounted to ¥110 million.」
Under the policy of generally not making additional purchases, we acquired 2 unlisted issues for ¥110 million to strengthen relationships with business partners, and there were no issues for which the number of shares held decreased during the fiscal year. - FY2023Increased acquisition cost of unlisted shares and sold 1 issueAnnual report
「During the fiscal year, the number of shares held increased for 3 unlisted issues, and the total acquisition cost related to the increase amounted to ¥105 million.」
Under the policy of generally not making additional purchases, we acquired 3 unlisted issues for ¥105 million to strengthen relationships with business partners and sold 1 unlisted issue for ¥32 million. - FY2022Continued acquisition of unlisted shares and sale of listed sharesAnnual report
「During the fiscal year, the number of shares held increased for 2 unlisted issues, and the total acquisition cost related to the increase amounted to ¥20 million.」
Under the policy of generally not making additional purchases, we acquired 2 unlisted issues for ¥20 million to strengthen relationships with business partners and sold 3 issues other than unlisted shares for a total of ¥2 million. - FY2021Acquisition and sale of unlisted shares occurredAnnual report
「During the fiscal year, the number of shares held increased for 3 unlisted issues, and the total acquisition cost related to the increase amounted to ¥38 million.」
While maintaining the policy of generally not making additional purchases of cross-shareholdings, we acquired 3 unlisted issues for ¥38 million to strengthen relationships with business partners and separately sold 1 issue for ¥46 million. - FY2020AdvancedAnnual report
「During the fiscal year, the number of shares held decreased for 2 issues, excluding unlisted shares, and the total sale proceeds related to the decrease amounted to ¥142 million.」
We continued to verify the rationale for holding cross-shareholdings, sold 2 issues, and recorded total sale proceeds of ¥142 million. - FY2019First statedAnnual report
「We limit holdings of investment shares held for purposes other than pure investment to cases where business benefits are expected, such as strengthening business relationships and exploring or pursuing collaboration in new businesses. As of 30 September 2018, we generally do not intend to make additional purchases of the investment shares held at that time.」
The policy limits cross-shareholdings to cases where business benefits are expected and generally prohibits additional purchases, while requiring individual holdings to be reviewed at least once a year.