Strengthening banking relationships through cross-shareholdings
First written in FY2017. 1 of 8 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Continued reduction in the number of cross-shareholdings and review of the rationale for holding themAnnual report
「The Company held 15 listed and 88 unlisted shares.」
Cross-shareholdings declined from 17 listed and 92 unlisted issues to 15 listed and 88 unlisted issues. The system of reviewing the appropriateness of holdings annually and reporting to the Board of Directors continued. - FY2025Reduction in unlisted cross-holdings and acquisitions related to making subsidiaries wholly ownedAnnual report
「Number of issues (Issues) Total amount recorded on the balance sheet (¥ million) Listed shares 17 8,348 Unlisted shares 92 4,272」
The Company held 17 listed and 92 unlisted cross-shareholdings. The number of unlisted shareholdings increased by 4, partly because all shares were acquired in connection with making 3 companies wholly owned, while 2 issues were reduced. - FY2024Changes in the composition of cross-shareholdings and continued review of the purpose for holding themAnnual report
「The Company reviews the appropriateness of its cross-shareholdings comprehensively, taking into account their effects in maintaining and expanding business relationships with issuers, maintaining and enhancing the continuing and medium-term corporate value of both the Bank and the issuers, contributing to the local economy through these activities, and the profitability of the investments.」
The Company disclosed a policy of reviewing its 17 listed and 94 unlisted cross-shareholdings each year using business relationships, corporate value, contributions to the local economy, ROE, dividend yield based on market value and PER, among other measures. - FY2022Continued reduction in the number of cross-shareholdings and review of the rationale for holding themAnnual report
「The Bank holds a limited number of cross-shareholdings that contribute to maintaining and strengthening long-term, stable business relationships with customers as a regional financial institution. The quantitative benefits of listed shareholdings are assessed using indicators such as income from deposits and loans, fee income and dividend income.」
The Company held 16 listed and 98 unlisted cross-shareholdings, down from 21 listed and 99 unlisted issues in the previous fiscal year. It continued its policy of reviewing quantitative benefits using deposits and loans, fee income and dividend income, among other measures. - FY2021Update to the composition of cross-shareholdings and the review criteriaAnnual report
「The Bank holds a limited number of cross-shareholdings that contribute to maintaining and strengthening long-term, stable business relationships with customers as a regional financial institution. The quantitative benefits of listed shareholdings are assessed using indicators such as income from deposits and loans, fee income and dividend income.」
The Company described a method of reviewing its 21 listed and 99 unlisted cross-shareholdings each year using indicators such as deposits and loans, fee income and dividend income, as well as their economic rationale, business relationships and the effects of business alliances. - FY2019Clarification of the policy for reviewing the rationale for cross-shareholdingsAnnual report
「The Bank holds a limited number of cross-shareholdings that contribute to maintaining and strengthening long-term, stable business relationships with customers as a regional financial institution. Each year, it periodically reviews their medium- to long-term economic rationale and future prospects, taking returns and risks into account, as well as the establishment of stable, long-term business relationships and the effects of business alliances and other business strategies, and has a structure under which decisions are made by the Management Committee and the Investment and Loan Review Committee.」
The Company set out a policy of holding a limited number of cross-shareholdings and reviewing their economic rationale, business relationships and the effects of business alliances each year, with decisions made by the Management Committee and the Investment and Loan Review Committee. - FY2018AdvancedAnnual report
「Number of issues 120 issues Total amount recorded on the balance sheet ¥10,644 million Purpose of holding Strengthening banking relationships」
Cross-shareholdings held to strengthen banking relationships increased from 118 issues valued at ¥9,305 million in the previous fiscal year to 120 issues valued at ¥10,644 million. - FY2017First statedAnnual report
「Number of listed issues held for purposes other than pure investment 118 issues Total amount recorded on the balance sheet ¥9,305 million Purpose of holding Strengthening banking relationships」
The Company held 118 investment issues for purposes other than pure investment, with a total balance-sheet value of ¥9,305 million, and stated that the purpose of holding them was to strengthen banking relationships.