Cross-shareholdings held to strengthen business relationships
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The decision on whether to continue holding strategic equity investments will be reviewed individually by the Board of Directors each year, taking into comprehensive consideration the above purpose of holding and the medium- to long-term business relationships with the companies that issued the shares.」
The purpose of holding the investments is to maintain medium- to long-term relationships relating to funding and product procurement, and the policy of annual review by the Board of Directors and reducing holdings where continued ownership is not justified remains in place. The number of holdings is 3. - FY2024Reduced strategic equity investments from 4 holdings to 3Annual report
「Yamaguchi Financial Group, Inc. was not held as of the end of February 2024 because all shares were sold during the fiscal year.」
All shares of Yamaguchi Financial Group were sold, reducing the number of strategic equity holdings from 4 to 3. This specific review is in line with the policy of reviewing continued ownership annually and reducing holdings where it is not justified. - FY2020ReframedAnnual report
「The decision on whether to continue holding strategic equity investments will be reviewed individually by the Board of Directors each year, taking into comprehensive consideration the above purpose of holding and the medium- to long-term business relationships with the companies that issued the shares. If we determine that continued ownership is not justified, we will review the holdings, including by reducing them.」
The purpose of holding strategic equity investments was organized as strengthening the transaction base, together with a policy of individual annual reviews by the Board of Directors and reducing holdings where continued ownership is not justified. - FY2019RestatedAnnual report
「Purpose of holding Strengthening the transaction base」
The purpose of holding strategic equity investments remains strengthening the transaction base. The number of holdings in the fiscal year was 4, and their total balance sheet carrying amount was ¥373 million. - FY2018First statedAnnual report
「Purpose of holding Strengthening the transaction base」
The purpose of holding strategic equity investments is stated as strengthening the transaction base. The number of holdings in the fiscal year was 4, and their total balance sheet carrying amount was ¥443 million.