Shareholdings to Maintain and Strengthen Business Relationships
First written in FY2018. 2 of 8 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2026Update to the carrying value of cross-shareholdingsAnnual report
「Shares other than unlisted shares 1 604」
The company held 1 policy-held security with a balance-sheet carrying amount of ¥604 million. Its purpose was to maintain and strengthen business relationships, and the company is reviewing the holding through the Board of Directors. - FY2025Update to the carrying value of cross-shareholdingsAnnual report
「Shares other than unlisted shares 1 530,243」
The company held 1 policy-held security with a balance-sheet carrying amount of ¥530.243 million. Its purpose was to maintain and strengthen business relationships, and the company is reviewing the holding through the Board of Directors. - FY2023Update to the carrying value of cross-shareholdingsAnnual report
「Shares other than unlisted shares 1 371,360」
The company held 1 policy-held security with a balance-sheet carrying amount of ¥371.36 million. Its purpose was to maintain and strengthen business relationships, and the company states that it is difficult to quantify the benefits of holding it. - FY2022AdvancedAnnual report
「The policy-held shares comprise shares in certain business partners with which we have close business relationships, held with the aim of strengthening those relationships. If business relationships become less significant or we determine that the shares are unlikely to contribute to higher corporate value over the medium to long term, we will consider reducing our holdings.」
In line with the policy of considering a reduction in policy-held shares, the company sold 1 security for ¥692.113 million and recognized a gain on the sale of ¥679.652 million. At the fiscal year-end, it held 1 security with a balance-sheet carrying amount of ¥400.900 million. - FY2022-Q2AdvancedAnnual report
「Profit attributable to owners of the parent was ¥1.520 billion, up 124.2% year on year, mainly because the company recognized a ¥679 million gain on the sale of investment securities as extraordinary income in connection with the sale of policy-held shares.」
The company sold policy-held shares and recognized a ¥679 million gain on the sale of investment securities. The filing records an actual sale in line with the policy stated in the previous filing of considering a reduction in holdings if business relationships become less significant or in similar circumstances. - FY2020Update to the securities and valuation of policy-held sharesAnnual report
「The policy-held shares comprise shares in certain business partners with which we have close business relationships, held with the aim of strengthening those relationships. If business relationships become less significant or we determine that the shares are unlikely to contribute to higher corporate value over the medium to long term, we will consider reducing our holdings.」
The company held 2 policy-held securities with a total balance-sheet carrying amount of ¥586.805 million. It also states its policy of considering a reduction in holdings if business relationships become less significant or in similar circumstances. - FY2019Update to the carrying value of cross-shareholdingsAnnual report
「Number of securities 2 securities Total balance-sheet carrying amount ¥873.796 million」
The company states that the total balance-sheet carrying amount of 2 policy-held securities held to maintain and strengthen business relationships was ¥873.796 million. - FY2018First statedAnnual report
「Purpose of holding: maintaining and strengthening business relationships」
States that two cross-shareholdings are held to maintain and strengthen business relationships. The aggregate balance-sheet carrying amount at fiscal year-end was ¥842.960 million.