Cross-Shareholdings to Maintain and Strengthen Business Relationships
First written in FY2019. 3 of 6 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 137 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Unlisted shares: 3; 411; purchased to obtain knowledge not available within the company and opportunities for collaboration with existing companies」
With respect to policy-oriented shares, the company acquired 3 unlisted shareholdings for ¥411 million to obtain knowledge not available within the company and opportunities for collaboration, and sold 1 listed shareholding. - FY2025AdvancedAnnual report
「Unlisted shares: 1; 1,448; purchased to obtain knowledge not available within the company and opportunities for collaboration with existing companies」
With respect to policy-oriented shares, the company acquired 1 unlisted shareholding for ¥1,448 million to obtain knowledge not available within the company and opportunities for collaboration. - FY2024AdvancedAnnual report
「Securities whose number of shares increased during the fiscal year: unlisted shares: 3; 960; purchased to obtain knowledge not available within the company and opportunities for collaboration with existing companies」
With respect to policy-oriented shares, the company acquired 3 unlisted shareholdings for ¥960 million to obtain knowledge not available within the company and opportunities for collaboration, and sold 2 listed shareholdings. - FY2022RestatedAnnual report
「The appropriateness of holding each investment is determined after regularly reviewing the significance of the holding, transaction status, and benefits associated with the holding.」
For policy-oriented shares held to maintain and strengthen business relationships, the company continues its policy of regularly reviewing the significance of the holdings, transaction status, and benefits. - FY2020RestatedAnnual report
「From a medium- to long-term perspective, the company holds shares where it recognizes that maintaining and strengthening business relationships with the issuing companies and facilitating transactions will contribute to increasing its corporate value.」
The company continues its policy of holding policy-oriented shares for the purpose of maintaining and strengthening business relationships and enhancing corporate value, rather than for pure investment purposes. - FY2019First statedAnnual report
「From a medium- to long-term perspective, the company holds shares where it recognizes that maintaining and strengthening business relationships with the issuing companies and facilitating transactions will contribute to increasing its corporate value.」
The policy of holding shares for the purpose of maintaining and strengthening business relationships and enhancing corporate value, rather than for pure investment purposes, was identified as a theme for the first time.