Management of cross-shareholdings for business synergies
First written in FY2021. 2 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Updated the number of cross-shareholdingsAnnual report
「Number of issues Unlisted shares: 2 Shares other than unlisted shares: 23 Total balance-sheet carrying amount: ¥2,307 million」
The Company disclosed 2 unlisted issues and 23 listed and other issues of cross-shareholdings, with a total carrying amount of ¥2,307 million. The number of listed and other issues changed from 24 to 23 from the previous fiscal year. - FY2025AdvancedAnnual report
「Number of issues Unlisted shares: 2 Shares other than unlisted shares: 24 Total balance-sheet carrying amount: ¥1,978 million」
For cross-shareholdings, the Company updated the number of holdings and their carrying amounts. It sold 2 issues during the fiscal year, while also acquiring shares through an employee shareholding association for business partners. - FY2023AdvancedAnnual report
「Even after investment, the responsible division monitors the investee companies from time to time, verifies whether the Company's financial condition and the expected synergies are being realized as anticipated, and regularly reports the verification results to the Board of Directors.」
For cross-shareholdings, the Company has specified procedures for monitoring the financial condition and synergies after investment and reporting regularly to the Board of Directors. The holdings comprised 3 unlisted issues totaling ¥100 million and 24 issues other than unlisted shares totaling ¥1,699 million. - FY2021First statedAnnual report
「We hold shares in companies where business synergies are expected by considering business alliances, information sharing and business relationships with the investee companies and seeking to maintain and strengthen favorable relationships.」
For cross-shareholdings, the Company has, for the first time, expressly stated that the purpose of holding the shares is to generate synergies through business alliances, information sharing and business relationships, and that it will monitor the holdings after investment and report regularly to the Board of Directors.