Reviewing the rationale for strategic shareholdings held to maintain business relationships
First written in FY2019. 6 of 9 entries say "Advanced", first in FY2021. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Shares other than unlisted shares 2 355,101」
The company sold 2 strategic shareholdings and recorded total sale proceeds of ¥355.101 million. Additional evidence has been provided of the disposal of holdings based on the policy of verifying their rationality in light of business relationships and other factors. - 2026-05-08AdvancedEarnings
「Proceeds from the sale of investment securities ¥355 million」
The Company recorded proceeds from the sale of investment securities in its full-year results, adding a sale related to the streamlining of cross-held shares and other holdings. - FY2025AdvancedAnnual report
「Shares other than unlisted shares 3 286,800」
The company sold 3 strategic shareholdings and recorded total sale proceeds of ¥286.8 million. Additional evidence has been provided of the disposal of holdings based on the policy of verifying their rationality. - FY2024-Q2AdvancedAnnual report
「As a result of recording a gain on the sale of investment securities of ¥172 million, quarterly net income attributable to owners of the parent was ¥79 million, down 80.9% year on year.」
In connection with sales related to the policy of verifying the rationality of strategic shareholdings, the company recorded a gain on the sale of investment securities of ¥172.413 million during the cumulative second-quarter period, and also disclosed proceeds of ¥280.101 million from the sale of investment securities. - FY2024-Q1AdvancedAnnual report
「In addition, the company recorded a gain on the sale of investment securities of ¥70 million from the sale of strategic shareholdings,」
In connection with its policy of verifying the rationality of strategic shareholdings, the company made sales during the first quarter and recorded a gain on the sale of investment securities of ¥70 million. Additional specific sales results have been disclosed. - FY2021AdvancedAnnual report
「Issues with a decrease in the number of shares during the current fiscal year: Shares other than unlisted shares 2 284,424」
The company sold 2 strategic shareholdings and recorded total sale proceeds of ¥284.424 million. It also recorded a gain on the sale of investment securities of ¥265.587 million, providing specific evidence of sales related to the policy of verifying the rationality of its holdings. - FY2021-Q3Recognition of gains on sales of cross-held sharesAnnual report
「As a result of recording gains on the sale of strategic shareholdings and other items, quarterly net income attributable to owners of the parent was ¥855 million, compared with ¥23 million in the same period of the previous year.」
The company states that it recorded gains on the sale of strategic shareholdings and other items, demonstrating actual sales related to the Board of Directors' policy of verifying the rationality of strategic shareholdings. - FY2020RestatedAnnual report
「Our policy is to hold shares in order to build and maintain smooth business relationships with issuing companies and other parties. To verify the rationality of these holdings and determine whether individual issues should be held, the Board of Directors periodically assesses major holdings quantitatively, based on the profitability of the cost of capital, unrealized gains and losses, dividend yields, and transaction amounts between the company and the issuing company, and qualitatively, based on transaction status and other factors affecting their effectiveness.」
The company continues its policy of strategic shareholdings for the purpose of maintaining business relationships and verifying their rationality from both quantitative and qualitative perspectives. - FY2019First statedAnnual report
「Our policy is to hold shares in order to build and maintain smooth business relationships with issuing companies and other parties. To verify the rationality of these holdings and determine whether individual issues should be held, the Board of Directors periodically assesses major holdings quantitatively, based on the profitability of the cost of capital, unrealized gains and losses, dividend yields, and transaction amounts between the company and the issuing company, and qualitatively, based on transaction status and other factors affecting their effectiveness.」
The company formalized for the first time a policy of holding shares to build and maintain business relationships and periodically verifying their rationality from both quantitative perspectives, including cost of capital, unrealized gains and losses, dividend yields, and transaction amounts, and qualitative perspectives, including transaction status and other factors.