Strategic Shareholdings Held to Maintain Business Relationships
First written in FY2018. 3 of 12 entries say "Advanced", first in 2026-04-30. Latest entry: 2026-06-29.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- 2026-06-29RestatedGovernance
「We currently hold listed shares strategically to strengthen business relationships and facilitate the smooth promotion of our business, from the perspective of enhancing our medium- to long-term corporate value. However, we are gradually reducing the number of holdings, which stood at 20 issues as of the end of March 2026, and in principle will not make new holdings in the future.」
The company reconfirmed its policy of reducing cross-held shares and, in principle, not acquiring new holdings, together with the figure of 20 issues as of the end of March 2026. - FY2026AdvancedAnnual report
「The number of holdings has continued to decline gradually, and the company’s policy going forward is not to make new holdings.」
Strategic shareholdings comprised 3 unlisted securities with a value of ¥59 million and 20 listed securities with a value of ¥5,359 million. During the year, the company sold 13 listed securities. - FY2025Update to strategic shareholdings and disposal resultsAnnual report
「The number of holdings has continued to decline gradually, and the company’s policy going forward is not to make new holdings.」
Strategic shareholdings comprised 3 unlisted securities with a value of ¥59 million and 23 listed securities with a value of ¥5,781 million. During the year, the company sold 5 listed securities for total proceeds of ¥3,287 million. - FY2024Update to strategic shareholdings and disposal resultsAnnual report
「The number of holdings has continued to decline gradually, and the company’s policy going forward is not to make new holdings.」
Strategic shareholdings comprised 5 unlisted securities with a value of ¥59 million and 25 listed securities with a value of ¥7,775 million. During the year, the company sold 8 listed securities for total proceeds of ¥1,401 million. - FY2023Update to strategic shareholdings and disposal resultsAnnual report
「Unlisted shares 5 59 Shares other than unlisted shares 26 7,296」
Strategic shareholdings comprised 5 unlisted securities with a value of ¥59 million and 26 listed securities with a value of ¥7,296 million. The company sold 4 listed securities and has also expressly stated a policy of generally making no new strategic investments. - FY2022Update on Cross-ShareholdingsAnnual report
「Unlisted shares 5 59 Shares other than unlisted shares 30 6,470」
Strategic shareholdings comprised 5 unlisted securities with a value of ¥59 million and 30 listed securities with a value of ¥6,470 million. The policy of reporting to the Board of Directors each quarter and reviewing the significance of the holdings remains in place. - FY2021Update to strategic shareholdings and disposal resultsAnnual report
「Unlisted shares 5 59 Shares other than unlisted shares 31 6,276」
Strategic shareholdings comprised 5 unlisted securities with a value of ¥59 million and 31 listed securities with a value of ¥6,276 million. The company sold 2 listed securities and continues to conduct quarterly reviews and dispose of holdings whose significance has diminished. - FY2020Update to holdings and disposal resultsAnnual report
「Unlisted shares 5 59 Shares other than unlisted shares 33 4,190」
Strategic shareholdings comprised 5 unlisted securities with a value of ¥59 million and 33 listed securities with a value of ¥4,190 million. The company sold 2 listed securities and continues to conduct quarterly reviews and dispose of holdings whose significance has diminished. - FY2019Update to holdings and review detailsAnnual report
「The company’s policy is to hold these securities to strengthen business relationships and facilitate the smooth advancement of its business, from the perspective of increasing corporate value over the medium to long term. Taking into account their proportion of total assets, the appropriateness of the holding purpose, and the benefits and dividends obtained from business relationships, the company reports share prices, valuation gains and losses, business conditions and other matters to the Board of Directors each quarter and conducts a comprehensive review. For shares and other securities deemed to have diminished significance, the company also engages in dialogue and negotiations with the investees and proceeds with disposals as appropriate.」
The company has specified its policy for strategic shareholdings, including quarterly reporting to the Board of Directors, comprehensive reviews, and the disposal of holdings whose significance has diminished. At the end of FY2019, holdings comprised 5 unlisted securities and 35 listed securities, with a total balance-sheet amount of ¥4,860 million. - FY2018First statedAnnual report
「Number of securities 40 securities Total amount recognized on the balance sheet ¥5,401 million」
The company disclosed 40 securities held as investments for purposes other than pure investment, with a total balance-sheet amount of ¥5,401 million. The stated purposes for holding them are products and services, store development and maintenance, and the facilitation of financial, accounting and general administrative operations.