Strategic shareholdings held to maintain and strengthen cooperative relationships with business partners and others
First written in FY2018. 10 of 12 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The company is gradually reducing its policy-held shares to improve its balance sheet.」
The company continued the gradual reduction of policy-held shares. During the fiscal year, it reduced its holdings by 1 unlisted issue and 6 listed issues, with sale proceeds totaling ¥2.627 billion. - FY2026-H1AdvancedAnnual report
「Proceeds from the sale of investment securities ¥1,354 million」
The company recorded ¥1.354 billion in proceeds from the sale of investment securities during the interim consolidated accounting period, adding a record of sales related to the reduction of policy-held shares. - FY2024AdvancedAnnual report
「At a Board of Directors meeting held during the fiscal year, the company confirmed that all shareholdings remained appropriate.」
The company reduced its policy-held shares by 1 unlisted issue and 6 listed issues, with sale proceeds totaling ¥1.891 billion. The sale record was added under the policy of annual review by the Board of Directors and reduction of holdings. - FY2024-Q3AdvancedAnnual report
「Proceeds from the sale of investment securities ¥1,732 million」
The company recorded ¥1.732 billion in proceeds from the sale of investment securities for the first three cumulative quarters, adding a record of reductions in policy-held shares. - FY2024-Q2AdvancedAnnual report
「Proceeds from the sale of investment securities ¥1,554 million」
The company recorded ¥1.554 billion in proceeds from the sale of investment securities for the first two cumulative quarters, adding a record of reductions in policy-held shares. - FY2023AdvancedAnnual report
「Each year, the Board of Directors reviews each holding individually to determine whether the return from holding it is commensurate with the cost of capital, taking into comprehensive consideration such factors as business relationships and the effect on corporate value. The company will consider reducing holdings where the review determines that the rationale for holding the shares has diminished.」
The company continued its policy of annual review by the Board of Directors. During the fiscal year, it reduced its holdings by 2 unlisted issues and 5 listed issues, and the sale proceeds from listed shares totaled ¥2.103 billion. The appropriateness of holding all shares was also confirmed. - FY2022AdvancedAnnual report
「Each year, the Board of Directors reviews each holding individually to determine whether the return from holding it is commensurate with the cost of capital, taking into comprehensive consideration such factors as business relationships and the effect on corporate value. The company will consider reducing holdings where the review determines that the rationale for holding the shares has diminished. At a Board of Directors meeting held during the fiscal year, the company confirmed that all shareholdings remained appropriate.」
The company continues its annual Board of Directors review of policy-held shares and comparison with the cost of capital, and confirmed the appropriateness of holding all issues during the fiscal year. - FY2019RestatedAnnual report
「Our basic policy is to hold investment shares for purposes other than pure investment only in companies where stronger corporate collaboration is expected to contribute to an increase in corporate value. Each year, the Board of Directors reviews each holding individually to determine whether the return from holding it is commensurate with the cost of capital, taking into comprehensive consideration such factors as business relationships and the effect on corporate value.」
The company discloses its policy of having the Board of Directors review policy-held shares annually, including a comparison with the cost of capital, with the aim of maintaining and strengthening cooperative relationships with business partners and financial institutions. During the fiscal year, the rationale for holding all issues was confirmed. - FY2018First statedAnnual report
「Purpose of holding Maintaining and strengthening cooperative relationships」
The purpose of holding strategic shareholdings is to maintain and strengthen cooperative relationships with business partners, financial institutions and other parties. At the end of the fiscal year, the number of holdings was 58 issues and their amount recognized on the balance sheet was ¥17,131 million.