Strategic Shareholdings for Business Alliances and Strengthening Relationships
First written in FY2017. 15 of 18 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「In light of the need to strengthen its financial position and improve asset efficiency, the Company partially or wholly sold 3 issues in fiscal 2025.」
Regarding strategic shareholdings, the Company partially or wholly sold 3 issues in fiscal 2025, including 2 unlisted issues and 1 listed issue. The sale price of the listed shares was ¥14,929 million. - FY2026-H1AdvancedAnnual report
「At a Board of Directors meeting held on 15 October 2025, the Company resolved to transfer part of its holdings of common shares in TOHO CO.,LTD. …Number of shares tendered: 1,700,000 common shares …Total planned transfer amount: ¥14,929 million」
Regarding strategic shareholdings, the Company resolved to partially transfer 1,700,000 TOHO shares for a planned total transfer amount of ¥14,929 million and disclosed its tender into the tender offer. - FY2025AdvancedAnnual report
「In light of the need to strengthen its financial position and improve asset efficiency, the Company partially sold 1 issue in fiscal 2024.」
The Company continued its periodic review of strategic shareholdings based on its cost of capital and partially sold 1 issue in fiscal 2024. - FY2025-H1AdvancedAnnual report
「Gain on sale of investment securities 14,232」
The Company proceeded with sales of investment securities in line with its policy of reducing strategic shareholdings and recorded a ¥14,232 million gain on sale during the interim consolidated accounting period. - FY2023AdvancedAnnual report
「As a result, in fiscal 2022, the Company sold 2 issues for ¥16,828 million.」
The Company sold 2 strategic shareholdings during the fiscal year for ¥16,828 million. The holdings included shares in 髙島屋 and 梅の花. - FY2023-Q3AdvancedAnnual report
「Gain on sale of investment securities 3,819 Gain on sale of 髙島屋 shares」
The sale of 髙島屋 shares under the policy of reducing strategic shareholdings was completed, and the Company recorded a ¥3,819 million gain on the sale of investment securities. - FY2023-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 2 November 2022, the Company resolved to dissolve its capital alliance with 株式会社髙島屋 and sold its shares in the company on 4 November 2022. As a result, the Company plans to record an approximately ¥3.8 billion gain on the sale of investment securities as extraordinary income in the consolidated accounting period for the third quarter of the fiscal year ending March 2023.」
Based on its policy of reducing strategic shareholdings, the Company dissolved its capital alliance with 髙島屋, sold all shares and expects a gain on sale of approximately ¥3.8 billion. - FY2022AdvancedAnnual report
「As a result, in fiscal 2021, the Company sold 8 issues, including 1 partially sold issue, for ¥9,386 million.」
Based on its policy of periodically reviewing and reducing strategic shareholdings, the Company sold 8 issues for ¥9,386 million. - FY2022-Q1AdvancedAnnual report
「Gain on sale of investment securities 6,485 Sale of strategic shareholdings」
The Company sold strategic shareholdings and recorded a ¥6,485 million gain on the sale of investment securities in the first quarter. - FY2021AdvancedAnnual report
「The shares had been held mainly to strengthen relationships for the operation of the department store business. However, all shares had been sold by the date of filing, and no shares were held as of that date.」
For strategic shareholdings, the Company reported the sale of all shares in several issues, including Asahi Group Holdings, Sumitomo Mitsui Financial Group and Joshin Denki. - FY2019ReframedAnnual report
「The Company has already been reducing holdings it considers to have limited significance. Going forward, the Board of Directors will periodically review the purpose of each holding, transaction details, dividend yield and holding risks, among other factors, and, taking the Company's cost of capital into account, will consider selling shares it deems to have limited significance in light of market conditions and other factors.」
The explanation of strategic shareholdings became more specific, moving from disclosure of holdings for the purpose of strengthening relationships to a policy of periodic review based on their significance, transactions, dividend yield, holding risks and cost of capital, followed by consideration of reductions and sales. - FY2017First statedAnnual report
「Total number of issues and total balance sheet carrying amount held for purposes other than pure investment: 45 issues; ¥76,844 million」
The Company holds shares in TOHO CO.,LTD, 高島屋, 関西スーパーマーケット and others to strengthen Group relationships, pursue business alliances and for reasons related to business operations and financial policy.