Reviewing the purpose and economic rationale of cross-shareholdings and the policy for selling them
First written in FY2019. 2 of 8 entries say "Restated". Latest entry: FY2026.
- FY2026Holding amount and share count updatedAnnual report
「The Bank of Miyazaki, Ltd. 100,000 20,000 The shares are held to establish a stable business relationship with the company's financial institutions.」
The company holds 1 cross-shareholding, and its carrying amount on the balance sheet increased from ¥73 million in the previous fiscal year to ¥212 million. The number of shares in The Bank of Miyazaki increased from 20,000 to 100,000 due to a stock split. The company continues its policy of having the Board of Directors review the significance and economic rationale of the holding and selling it if its rationale is not recognized. - FY2025Carrying amount updatedAnnual report
「Shares other than unlisted shares 1 73」
The company holds 1 cross-shareholding, and its carrying amount on the balance sheet increased from ¥71 million in the previous fiscal year to ¥73 million. It continues to have the Board of Directors review the significance and economic rationale of the holding and to sell it if its rationale is not recognized. - FY2024Carrying amount updatedAnnual report
「Shares other than unlisted shares 1 71」
The company holds 1 cross-shareholding, and its carrying amount on the balance sheet increased from ¥46 million in the previous fiscal year to ¥71 million. It continues to review the significance and economic rationale of the holding and to sell it if its rationale is not recognized. - FY2023Carrying amount updatedAnnual report
「Shares other than unlisted shares 1 46」
The company holds 1 cross-shareholding, and its carrying amount on the balance sheet increased from ¥41 million in the previous fiscal year to ¥46 million. It continues to review the significance and economic rationale of the holding and to sell it if its rationale is not recognized. - FY2022Carrying amount updatedAnnual report
「The company may hold shares for purposes other than pure investment when it determines that doing so will contribute to improving corporate value over the medium to long term. It regularly reports the significance and economic rationale of its shareholdings to the Board of Directors for review. It will sell them in a timely and appropriate manner if they are not deemed to contribute to improving corporate value.」
The company continues its policy of reviewing the significance and economic rationale of its cross-shareholdings through the Board of Directors and selling them if their rationale is not recognized. It holds 1 strategic investment shareholding, with a carrying amount on the balance sheet of ¥41 million. - FY2021RestatedAnnual report
「The company may hold shares for purposes other than pure investment when it determines that doing so will contribute to improving corporate value over the medium to long term, subject to a resolution by the Board of Directors. It regularly reviews the significance and economic rationale of its shareholdings, and will sell them in a timely and appropriate manner if they are not deemed to contribute to improving corporate value.」
The company continues its policy regarding cross-shareholdings of obtaining Board of Directors approval, regularly reviewing the significance and economic rationale of the holdings, and selling them if their rationale is not recognized. It holds 1 strategic investment shareholding, with a carrying amount on the balance sheet of ¥39 million. - FY2020RestatedAnnual report
「The company may hold shares for purposes other than pure investment when it determines that doing so will contribute to improving corporate value over the medium to long term, subject to a resolution by the Board of Directors. It regularly reviews the significance and economic rationale of its shareholdings, and will sell them in a timely and appropriate manner if they are not deemed to contribute to improving corporate value.」
The company continues its policy regarding cross-shareholdings of obtaining Board of Directors approval, regularly reviewing the significance and economic rationale of the holdings, and selling them if their rationale is not recognized. It holds 1 strategic investment shareholding, with a carrying amount on the balance sheet of ¥47 million. - FY2019First statedAnnual report
「The company may hold shares for purposes other than pure investment when it determines that doing so will contribute to improving corporate value over the medium to long term, subject to a resolution by the Board of Directors. It regularly reviews the significance and economic rationale of its shareholdings, and will sell them in a timely and appropriate manner if they are not deemed to contribute to improving corporate value.」
The company has for the first time stated its policy of holding shares for purposes other than pure investment based on a Board of Directors resolution, regularly reviewing the significance and economic rationale of the holdings, and selling them if their rationale is not recognized.