Continued Holding, Review and Reduction of Cross-Shareholdings Held to Strengthen Business Relationships
First written in FY2020. 3 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 14 784,842 (Holdings whose number of shares increased during the fiscal year) Shares other than unlisted shares 9 10,460 The increase resulted from purchases through the business partners' employee stock ownership association.」
Cross-shareholdings comprised 14 listed holdings, with a carrying amount of ¥784.842 million. The number of shares increased for 9 holdings through purchases, while 3 holdings were sold. - FY2025Updated cross-shareholding informationAnnual report
「Shares other than unlisted shares 17 655,905 (Holdings whose number of shares increased during the fiscal year) Shares other than unlisted shares 9 10,579 The increase resulted from purchases through the business partners' employee stock ownership association.」
Cross-shareholdings comprised 17 holdings other than unlisted shares, with a carrying amount of ¥655.905 million. Purchases by the business partners' employee stock ownership association increased the number of shares for 9 holdings, and there were no holdings whose number of shares decreased during the fiscal year. - FY2024Updated cross-shareholding informationAnnual report
「Shares other than unlisted shares 18 721,170 (Holdings whose number of shares increased during the fiscal year) Shares other than unlisted shares 9 9,961 The increase resulted from purchases through the business partners' employee stock ownership association.」
Regarding cross-shareholdings, holdings other than unlisted shares totaled 18, with a carrying amount of ¥721.17 million. The number of shares increased for 9 holdings through purchases by the business partners' employee stock ownership association, while 1 unlisted holding was sold for ¥6.002 million. - FY2023Updated the number of cross-shareholdingsAnnual report
「(Holdings whose number of shares increased during the fiscal year) Shares other than unlisted shares 9 9,369 The increase resulted from purchases through the business partners' employee stock ownership association and the transfer of unlisted shares to listed shares following new listings.」
Regarding cross-shareholdings, the number of shares increased for 9 holdings other than unlisted shares. The increase resulted from purchases through the business partners' employee stock ownership association and the transfer of unlisted shares following new listings. The decrease in unlisted shares during the fiscal year was also due to new listings. - FY2022AdvancedAnnual report
「(Holdings whose number of shares decreased during the fiscal year) Shares other than unlisted shares 1 751」
Regarding cross-shareholdings, the company sold 1 holding other than unlisted shares during the fiscal year, for total proceeds of ¥751 thousand. The disclosure updates the implementation status of its policy of reviewing the rationale for holdings and reducing them. - FY2021AdvancedAnnual report
「Shares other than unlisted shares 3 50,744」
Regarding cross-shareholdings, the company sold 3 holdings other than unlisted shares during the fiscal year, for total proceeds of ¥50.744 million. The disclosure specifically shows the implementation of its policy of reviewing the rationale for holdings and reducing them. - FY2020First statedAnnual report
「The company holds shares of business partners from a medium- to long-term perspective for the purpose of strengthening business relationships. However, it has a policy of reducing holdings whose significance has declined due to changes in the business environment or other factors. Each year, the company confirms the nature of its business transactions with each investee and reviews the rationale for continuing to hold the shares.」
The company has for the first time explicitly stated its policy of holding shares over the medium to long term to strengthen business relationships, reducing holdings whose significance has declined, and reviewing the rationale for each holding annually.