Strategic Shareholdings Held to Maintain and Develop Business Relationships
First written in FY2018. 7 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 136 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Stocks whose number of shares decreased during the fiscal year Unlisted shares 1 33,827」
Continued to reduce cross-shareholdings based on the annual review, selling 1 unlisted stock during the period and recording a sale price of ¥3.3827 billion. - FY2025AdvancedAnnual report
「Holdings whose number of shares decreased during the fiscal year: Shares other than unlisted shares: 2; 90」
Continued to reduce cross-shareholdings based on the annual review, selling 2 listed stocks during the period. - FY2024AdvancedAnnual report
「Stocks whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 653」
Continued to reduce cross-shareholdings based on the annual review, selling 1 listed stock during the period. Meanwhile, acquired 1 unlisted stock for ¥475 million. - FY2023AdvancedAnnual report
「Stocks whose number of shares decreased during the fiscal year Shares other than unlisted shares 1 23」
Continued to reduce cross-shareholdings based on the annual review, selling 1 listed stock during the period. Meanwhile, acquired 1 unlisted stock for ¥500 million to facilitate collaboration and maintain business relationships. - FY2021AdvancedAnnual report
「Shares other than unlisted shares 1 51」
As a result of the review based on the holding policy, sold 1 listed stock during the fiscal year and reduced holdings by the sale amount of ¥51 million. - FY2020AdvancedAnnual report
「Shares other than unlisted shares 7 1,618」
As a result of the review based on the holding policy, sold 7 listed stocks during the fiscal year and reduced cross-shareholdings. - FY2019AdvancedAnnual report
「We hold shares for investment when we determine that they will contribute to enhancing our corporate value over the medium to long term, for the purpose of business alliances or maintaining and developing business relationships. Each year, the Board of Directors verifies the purpose and rationale for holding individual investments in shares, limited to listed shares, and examines whether continuing to hold them is appropriate in light of the holding policy. As a result of this review, we consider selling and reducing holdings in stages when their significance is deemed limited.」
In addition to the conventional purpose of maintaining and developing business relationships, specifying an annual review based on the contribution to medium- to long-term corporate value and a policy of selling and reducing holdings whose significance is limited. - FY2018First statedAnnual report
「Held to maintain and develop business relationships.」
Holding 34 stocks for purposes other than pure investment, with a total balance sheet carrying amount of ¥54.355 billion, and stating that the purpose of holding each stock is to maintain and develop business relationships.