Strategic Shareholdings Held to Maintain Relationships with Local Communities and Financial Institutions
First written in FY2016. 7 of 12 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Listed shares 2 14,434 Unlisted shares 1 0」
During the fiscal year, the bank sold 2 listed shareholdings for total consideration of ¥14.434 billion. It continues its policy of reviewing the holding purpose, cost of capital and other factors, and reducing unnecessary shareholdings. - FY2025AdvancedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Listed shares — — — Unlisted shares 2 6」
The bank continues its issue-by-issue evaluations of strategic shareholdings and reporting to the Board of Directors, and during the fiscal year sold 2 unlisted shareholdings. It also changed Oita Bank shares from strategic-holding purposes to pure investment purposes and indicated a policy of unwinding cross-shareholdings. - FY2024AdvancedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Listed shares 7 532 Unlisted shares 1 9」
The bank continues its issue-by-issue evaluations of strategic shareholdings and reporting to the Board of Directors, and during the fiscal year sold 7 listed shareholdings for ¥532 million and 1 unlisted shareholding for ¥9 million. - FY2023AdvancedAnnual report
「(Issues for which the number of shares decreased during the fiscal year) Listed shares — — — Unlisted shares 2 215」
The bank continues its issue-by-issue qualitative and quantitative evaluations of strategic shareholdings and reporting to the Board of Directors, and during the fiscal year sold 2 unlisted shareholdings for total consideration of ¥215 million. - FY2022AdvancedAnnual report
「Regarding strategic shareholdings, the bank verifies the appropriateness of the holding purpose, the benefits and risks of holding the shares, and the balance with the cost of capital, among other factors, to determine whether to continue holding them. It proceeds to sell shares deemed unnecessary and works to reduce its holdings.」
The bank continues its issue-by-issue qualitative and quantitative evaluations and reporting to the Board of Directors, and during the fiscal year sold 1 listed shareholding and 5 unlisted shareholdings. - FY2021RestatedAnnual report
「For each issue, the bank conducts a qualitative evaluation of the holding purpose, an evaluation of economic rationality based on risk-return assessments and other factors, and an operating evaluation against the cost of capital as quantitative evaluations. It makes a comprehensive assessment based on these evaluations, determines whether to continue holding each issue, and reports to the Board of Directors.」
The bank continues to conduct issue-by-issue reviews of strategic shareholdings based on the holding purpose, risk-return profile, economic rationality and comparisons with the cost of capital, and to report the results to the Board of Directors. - FY2020ReframedAnnual report
「Regarding strategic shareholdings, the bank verifies the appropriateness of the holding purpose, the benefits and risks of holding the shares, and the balance with the cost of capital, among other factors, to determine whether to continue holding them. It proceeds to sell shares deemed unnecessary and works to reduce its holdings.」
The bank has clarified a policy of verifying its traditional purpose of maintaining relationships with the region, business partners and other financial institutions, including the balance with the cost of capital, and selling and reducing shareholdings deemed unnecessary. - FY2018RestatedAnnual report
「As a regional financial institution, the bank holds strategic shareholdings when it deems them necessary to maintain and strengthen relationships with business partners and other financial institutions in connection with transactions and business alliances. It also verifies the medium- to long-term economic rationality and future prospects of holding strategic shareholdings, based on risk-return assessments and other factors, and determines whether to continue holding them.」
The bank continues its policy of holding strategic shareholdings to maintain and strengthen relationships with the region, business partners and other financial institutions, and determining whether to hold them based on economic rationality and future prospects. It holds 135 issues, with a balance-sheet carrying amount of ¥46.231 billion. - FY2017RestatedAnnual report
「As a regional financial institution, the bank holds strategic shareholdings when it deems them necessary to maintain and strengthen relationships with business partners and other financial institutions in connection with transactions and business alliances. It also verifies the medium- to long-term economic rationality and future prospects of holding strategic shareholdings, based on risk-return assessments and other factors, and determines whether to continue holding them.」
The bank reconfirms its policy of holding strategic shareholdings to maintain and strengthen relationships with the regional community, business partners and other financial institutions, and determining whether to hold them based on economic rationality and future prospects. - FY2016First statedAnnual report
「As a regional financial institution, the bank holds strategic shareholdings when it deems them necessary to maintain and strengthen relationships with business partners and other financial institutions in connection with transactions and business alliances.」
The bank determines whether to hold each shareholding based on medium- to long-term economic rationality, future prospects and risk-return assessments, and exercises voting rights based on factors including the medium- to long-term enhancement of the investee's corporate value.