Strategic Shareholdings for Business Relationships and Financial Activities
First written in FY2017. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Sold 1 strategic shareholdingAnnual report
「Tonami Holdings Co., Ltd. was held to maintain and strengthen business relationships in logistics and gather information on local companies, but all shares were sold during the fiscal year.」
The Company sold all shares of 1 listed company held as a strategic shareholding. It continues its policy of reviewing the rationale for each holding and reducing holdings for which no rationale is recognized. - FY2025Sold 3 strategic shareholdingsAnnual report
「(Holdings whose number of shares decreased during the fiscal year) Unlisted shares 2 45 Shares other than unlisted shares 1 98」
During the fiscal year, the Company sold 2 unlisted holdings and 1 listed holding or other share. It continues its annual Board of Directors review and policy of reducing holdings for which no rationale is recognized. - FY2024Sale of 4 strategic shareholdings and decrease in holdingsAnnual report
「(Holdings whose number of shares decreased during the fiscal year) Unlisted shares 2 171 Shares other than unlisted shares 2 146」
During the fiscal year, the Company sold 2 unlisted holdings and 2 listed holdings and other shares. It also continues its policy of reviewing the rationale for holdings annually and reducing those for which no rationale is recognized. - FY2023Sale of 1 holding and confirmation of the rationale for continued ownershipAnnual report
「For each holding, the relevant departments periodically review the purpose of ownership, business relationships and economic rationale, including the market environment, share price trends and dividend conditions, and the Board of Directors conducts an annual review. The basic policy is to reduce holdings as appropriate, while also monitoring stock market trends, where no rationale for continued ownership is recognized, as described below.」
The Company continues its policy of periodically reviewing and reducing strategic shareholdings. During the fiscal year, it sold all shares of 1 listed company, while the Board of Directors judged in May 2023 that continued ownership of the current holdings was appropriate. - FY2021Further decrease in the number of holdings and carrying valueAnnual report
「Number of securities (Securities) Unlisted shares 43 539 Shares other than unlisted shares 13 1,191」
Strategic shareholdings totaled 56 securities with a balance-sheet carrying amount of ¥1,730 million, down further from 58 securities and ¥1,804 million in the previous fiscal year. The annual Board of Directors review and policy of reducing holdings for which no rationale is recognized also continue. - FY2020Decrease in the number of holdings and carrying value, with explicit verification of holding rationaleAnnual report
「Every year, the Board of Directors considers and verifies the purpose and economic rationale of each holding, including the market environment, share price trends and dividend conditions. The Company's basic policy is to reduce holdings as appropriate, while also monitoring stock market trends, where no rationale for continued ownership is recognized.」
The Company explicitly stated that the Board of Directors reviews strategic shareholdings annually and that it will reduce holdings for which no rationale is recognized. At the fiscal year-end, the Company held 58 securities, comprising 45 unlisted and 13 listed securities, with a carrying value of ¥1,804 million. - FY2019Decrease in the number of holdings and carrying valueAnnual report
「Number of securities 59 Total amount recorded on the balance sheet ¥1,963 million」
Strategic shareholdings decreased from 65 securities with a value of ¥2,305 million in the previous fiscal year to 59 securities with a value of ¥1,963 million. The purpose of the holdings remains the maintenance and strengthening of business relationships and the facilitation of financial activities. - FY2017First statedAnnual report
「Number of securities 65 Total amount recorded on the balance sheet ¥2,305 million」
The Company discloses that the purpose of its strategic shareholdings is to maintain and strengthen business relationships and facilitate financial activities.