177 Strategic Shareholdings, ¥88,587 million
First written in FY2018. 6 of 10 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AchievedAnnual report
「Under ACE 2.0, the company had planned to sell ¥30 billion of cross-shareholdings over five years and completed the planned cumulative sales of ¥30 billion.」
The ¥30 billion target for sales of cross-shareholdings under ACE 2.0 was completed as planned. - FY2025AdvancedAnnual report
「Under the ACE 2.0 medium-term management plan, which began in FY2021, the company planned to sell ¥30 billion of cross-shareholdings over five years. As of the end of March 2025, it had sold ¥25.6 billion cumulatively.」
Against the ¥30 billion target for sales of cross-shareholdings, cumulative sales had reached ¥25.6 billion as of the end of March 2025. During the year, the company sold 2 issues for ¥3.28 billion, leaving 127 issues with a balance of ¥56.5 billion. - FY2023AdvancedAnnual report
「54 unlisted issues, 78 issues other than unlisted shares” “11 issues other than unlisted shares” “¥7,258 million」
Cross-shareholdings decreased from 137 issues in the previous fiscal year to 132, while their balance-sheet carrying amount fell to ¥5.6934 billion. During the year, the company sold 11 listed and other issues and continued to reduce its holdings. - FY2022AdvancedAnnual report
「52 unlisted issues, 85 issues other than unlisted shares” “48 issues other than unlisted shares” “Total sale value: ¥7,841 million」
Cross-shareholdings decreased from 178 issues in the previous fiscal year to 137, as the company sold 48 listed and other issues. It is reducing its holdings by verifying the rationale for each holding and proceeding with sales in stages. - FY2021Sales and acquisitions of cross-shareholdings both took placeAnnual report
「If the rationale for holding the shares is not recognized, we will proceed with sales in stages while taking various circumstances into consideration.」
The company held 50 unlisted issues and 130 listed and other issues as cross-shareholdings. While proceeding with sales, it also made new acquisitions for business expansion and synergy purposes. - FY2021-Q3AdvancedAnnual report
「Net income attributable to owners of the parent was ¥16.55 billion, up 37.4% year on year, partly due to gains on the sale of shares in subsidiaries and the sale of cross-shareholdings.」
The company sold cross-shareholdings and, together with the transfer of shares in subsidiaries, recorded gains on sales. Additional progress in reviewing and reducing cross-shareholdings is reported. - FY2019Reduction in strategic shareholdings and disclosure of the review processAnnual report
「Number of holdings Unlisted shares 44 Shares other than unlisted shares 134 Total balance-sheet carrying amount ¥77,715 million」
Strategic shareholdings comprised 44 unlisted holdings with a carrying amount of ¥2,577 million and 134 listed or other holdings with a carrying amount of ¥75,138 million. The Company expressly stated its policy of conducting an individual review each year at Board of Directors meetings based on criteria including the cost of capital, prospects for business expansion, and synergies. - FY2018First statedAnnual report
「Number of holdings 177 Total balance-sheet carrying amount ¥88,587 million」
At the end of the fiscal year, shares held for purposes other than pure investment comprised 177 holdings, with a balance-sheet carrying amount of ¥88.587 billion.