Cross-shareholdings to strengthen business and financial transaction relationships
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 137 companies on the "Worse" side.
- FY2026The fair value of strategic shareholdings increasedAnnual report
「Unlisted shares 14 82 Shares other than unlisted shares 19 11,846」
Strategic shareholdings totaled 33 issues, unchanged from the previous fiscal year, while the balance sheet carrying amount of listed shares increased from ¥10,407 million to ¥11,846 million. - FY2024The number of strategic shareholdings decreased, while their fair value increasedAnnual report
「Unlisted shares 14 82 Shares other than unlisted shares 19 10,407」
Strategic shareholdings comprised 14 unlisted issues with a carrying amount of ¥82 million and 19 listed issues with a carrying amount of ¥10,407 million. The total number of issues declined from 34 to 33 from the previous fiscal year, while the fair value of listed shares increased. - FY2023The number of strategic shareholdings decreased, while their fair value increasedAnnual report
「At the Board of Directors meeting held on 23 December 2022, the Company reported the results of verifying the significance of holding each issue, the need for reduction and economic rationality, and confirmed that its holdings were appropriate.」
Strategic shareholdings comprised 14 unlisted issues with a carrying amount of ¥82 million and 20 listed issues with a carrying amount of ¥6,441 million. The total number of issues declined from 35 to 34 from the previous fiscal year, while the fair value of listed shares increased. - FY2021Fewer cross-shareholdings and higher valuationAnnual report
「At a Board of Directors meeting, the Company reported the results of verifying the significance of holding each issue, the need for reduction and economic rationality, and confirmed that its holdings were appropriate.」
Strategic shareholdings comprised 14 unlisted issues with a carrying amount of ¥83 million and 21 listed issues with a carrying amount of ¥6,043 million. The total number of issues declined from 37 to 35 from the previous fiscal year, and the Board of Directors verified the significance of the holdings, the need for reduction and their economic rationality. - FY2020The number and carrying amount of listed strategic shareholdings decreasedAnnual report
「Unlisted shares 16 91 Shares other than unlisted shares 21 4,404」
Strategic shareholdings comprised 16 unlisted issues with a carrying amount of ¥91 million and 21 listed issues with a carrying amount of ¥4,404 million, down from a total of 38 issues and ¥5,581 million in the previous fiscal year. - FY2019The number and carrying amount of strategic shareholdings decreasedAnnual report
「Unlisted shares 16 91 Shares other than unlisted shares 22 5,490」
Strategic shareholdings comprised 16 unlisted issues with a carrying amount of ¥91 million and 22 listed issues with a carrying amount of ¥5,490 million, down from 39 issues and ¥6,149 million in the previous disclosure. The Company also stated its policy of having the Board of Directors verify the holding purpose and economic rationality each year. - FY2018First statedAnnual report
「Number of issues and total balance sheet carrying amount of investment shares held for purposes other than pure investment: 39 issues, ¥6,149 million」
The Company held 39 investment issues for purposes other than pure investment, with a balance sheet carrying amount of ¥6,149 million. Its principal purposes for holding them were to strengthen business transaction, financial transaction and procurement transaction relationships.