Improving the Efficiency of Assets Held and Strengthening the Financial Position through the Sale of Investment Securities
First written in FY2021-Q2. 5 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2026.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「HONDA MOTOR CO.,LTD. – 14,986 Held to maintain and develop the business relationship, but all shares were sold during the fiscal year」
As part of its review of cross-shareholdings, the company sold all 14,986 shares of HONDA MOTOR CO.,LTD. that it held, leaving it with no listed shares. - FY2024-Q2AdvancedAnnual report
「Proceeds from the sale of investment securities: ¥1.4 billion」
During the six-month period, the company sold investment securities and recorded proceeds of ¥1.4 billion and a gain on sale of ¥1,006 million. It continues to sell securities to improve the efficiency of assets held and strengthen its financial position. - FY2023AdvancedAnnual report
「In the current consolidated fiscal year, we sold 12 of the cross-shareholdings held by our company.」
The sale of cross-shareholdings expanded from 3 securities in the previous fiscal year to 12, with sales proceeds of ¥1,120.5 million and a gain on sale of ¥525 million recorded in the current fiscal year. - FY2023-Q2AdvancedAnnual report
「Gain on sale of investment securities 525」
During the six-month period of the current consolidated fiscal year, the company recorded a gain on sale of investment securities of ¥525 million and also disclosed proceeds of ¥999 million from the sale of investment securities. - FY2022RestatedAnnual report
「In the current consolidated fiscal year, we sold 3 of the cross-shareholdings held by our company.」
Regarding cross-shareholdings, the company states that it reviews their significance, benefits and risks and their alignment with the cost of capital, has a policy of selling securities deemed to have no significance, and sold 3 securities during the fiscal year. - FY2021AdvancedAnnual report
「In the current consolidated fiscal year, we sold 3 of the cross-shareholdings held by our company.」
Under a policy of reviewing the significance, benefits and risks of holdings and their alignment with the cost of capital once a year, the company sold 3 securities deemed to have no significance. - FY2021-Q3AchievedAnnual report
「Gain on sale of investment securities – 754」
Regarding the planned sale of investment securities from the previous quarter, a gain on sale of investment securities of ¥754 million was recorded during the nine-month period of the current consolidated fiscal year, showing the sale intended to improve the efficiency of assets held and strengthen the financial position as an accounting result. - FY2021-Q2First statedAnnual report
「To improve the efficiency of assets held and strengthen the financial position. 14 October 2020–22 October 2020. The sale of these investment securities will result in the recognition of an extraordinary gain of ¥752 million in the third quarter of the fiscal year ending March 2021.」
The company sold 4 listed securities from 14 October to 22 October 2020 and stated that it planned to record an extraordinary gain of ¥752 million in the third quarter of the fiscal year ending March 2021 as a measure to improve the efficiency of assets held and strengthen its financial position.