Maintaining business relationships through strategic shareholdings
First written in FY2018. 1 of 9 entries say "Reframed", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 141 companies on the "Worse" side.
- FY2026Continued acquisition and increased holdings of strategic shareholdingsAnnual report
「Unlisted shares 2 250,337 Shares other than unlisted shares 9 1,400,657」
Policy-held shares consisted of 2 unlisted issues and 9 listed issues, with a total value of ¥1,650.994 million. Holdings of 8 listed issues increased through business partner employee stock ownership plans and other channels, and no shares were sold. - FY2024Expanded acquisition of strategic shareholdingsAnnual report
「Unlisted shares: 1; 200,000; to strengthen capital ties further, expand distribution channels into new markets and advance collaboration aimed at enhancing corporate value Shares other than unlisted shares: 7; 29,068; because the company regularly acquires shares of business partners through membership in their employee shareholding associations」
The company acquired 1 unlisted strategic shareholding to expand distribution channels into new markets and pursue collaboration, and the number of listed strategic shareholdings also increased by 7. - FY2024-Q3RestatedAnnual report
「As the current third-quarter accounting period is the third-quarter accounting period, there are no matters to report.」
The current quarter is outside the scope of disclosure concerning major shareholders, and there is no new disclosure concerning strategic shareholdings. - FY2023Acquisition and reduction of strategic shareholdings occurred simultaneouslyAnnual report
「Shares other than unlisted shares: 5; 17,278; because the company regularly acquires shares of business partners through membership in their employee shareholding associations」
The company acquired shares in 5 strategic shareholdings through business partners' employee shareholding associations, while selling shares in 2 issues. Its policy of verifying the significance and financial value of holdings and reducing them continues. - FY2022Continued acquisition of strategic shareholdingsAnnual report
「Shares other than unlisted shares: 7; 57,788; because the company regularly acquires shares of business partners through membership in their employee shareholding associations」
The number of shares in 7 listed strategic shareholdings increased. Unlike the reductions through the previous fiscal year, the company disclosed regular acquisitions through business partners' employee shareholding associations. - FY2021AdvancedAnnual report
「Issues whose number of shares decreased during the fiscal year Unlisted shares: 2; 16,803 Shares other than unlisted shares: 12; 715,270」
The company reduced its strategic shareholdings by 2 unlisted issues and 12 listed issues, leaving 2 unlisted issues and 8 listed issues at the end of the fiscal year. - FY2020Decrease in the balance and number of strategic shareholdingsAnnual report
「Unlisted shares: 4; shares other than unlisted shares: 16」
The strategic shareholdings comprised 4 unlisted issues and 16 listed issues, representing a reduction of 3 listed issues from the previous fiscal year. The policy of verifying the significance and financial value of the holdings each fiscal year continues. - FY2019ReframedAnnual report
「The company holds strategic shareholdings to maintain smooth business transactions in related businesses, but plans to dispose of or reduce such holdings as promptly as possible where it considers that the significance of holding them has diminished. Each fiscal year, the Board of Directors verifies the significance and financial value of each strategic shareholding. If any holding is determined not to contribute to the group's sustainable growth and the enhancement of corporate value over the medium to long term, the company will sell it in a timely and appropriate manner while seeking the investee company's understanding through dialogue.」
The disclosure was expanded from the status of holdings maintained to preserve business relationships to a policy of verifying the significance and financial value of each holding every fiscal year and disposing of or reducing shares whose significance has diminished. For the full year, the holdings comprised 5 unlisted issues and 19 listed issues, and the company also disclosed a reduction of 4 listed issues. - FY2018First statedAnnual report
「Specified investment shares: 25 issues; total amount recorded on the balance sheet: ¥1,971.043 million; purpose of holding: maintaining smooth business transactions」
The company disclosed holdings of specified investment shares held to maintain smooth business transactions with business partners: 25 issues with a total value of ¥1,971.043 million.