Strategic Shareholdings Held for Stable Banking Relationships
First written in FY2019. 2 of 5 entries say "Reframed", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2026ReframedAnnual report
「Unlisted shares 1 2,700 The Company invested in 証券業務基盤監理株式会社, which aims to improve securities services provided to customers by making the middle- and back-office operations of securities companies more efficient and sophisticated.」
The Company disclosed an investment in unlisted shares aimed at improving the efficiency and sophistication of securities operations and customer services, in addition to its former policy-held shares held to maintain stable banking relationships. - FY2025DroppedAnnual report
「(Issues for which the number of shares increased during the fiscal year) None. (Issues for which the number of shares decreased during the fiscal year) None. Information on the number of shares and balance-sheet carrying amounts for each issue of specified investment shares: None.」
For investment shares held for purposes other than pure investment, there were no applicable disclosures concerning the number of issues, issues with increases or decreases, or specified investment shares. Shares held for pure investment are classified separately. - FY2021RestatedAnnual report
「The Company holds shares held for purposes other than pure investment when it determines that maintaining or strengthening relationships with the investee companies will contribute to the Company’s medium- to long-term development. The Board of Directors periodically reviews the purpose and rationale for holding shares held for purposes other than pure investment.」
The Company continues its policy of periodically reviewing the purpose and rationale for holding shares other than those held for pure investment at meetings of the Board of Directors. - FY2020ReframedAnnual report
「Following a review under its holding policy, the Company changed the classification of the shares to shares held for pure investment purposes.」
For policy-held shares held to maintain stable banking relationships, the Company changed the classification of shares in Hokkoku Bank, Hokuhoku Financial Group and Fukui Bank to shares held for pure investment purposes. - FY2019First statedAnnual report
「The Company’s policy is to continue holding shares held to maintain stable banking relationships while overdraft agreements remain in place. To assess the rationale for holding each issue, the Company verifies whether the overdraft agreements executed with each bank contain appropriate terms.」
The Company stated its policy of holding shares to maintain stable banking relationships under overdraft agreements and verifying the rationale for holding them based on the terms of those agreements.