Strategic Shareholdings: Reviewing Rationale and Supporting Regional Companies
First written in FY2017. 7 of 10 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026ReframedAnnual report
「Under the new medium-term management plan, we established a plan to reduce strategic shareholdings to less than 20% of consolidated net assets on a market-value basis by the end of March 2029.」
The previous plan to reduce book value by ¥5 billion by the end of March 2026 was reorganized into a plan to reduce strategic shareholdings to less than 20% of consolidated net assets on a market-value basis by the end of March 2029. During fiscal 2025, we held discussions with all listed investee companies regarding reductions and sold 11 listed issues. - 2026-05-27AdvancedGeneral Meetings of Shareholders
「Under the new medium-term management plan, we established a plan to reduce strategic shareholdings to less than 20% of consolidated net assets on a market-value basis by the end of March 2029.」
従来の簿価50億円縮減目標に加え、連結純資産比率を基準とする2029年3月末までの具体的な縮減目標を示した。 - FY2025AdvancedAnnual report
「To reduce strategic shareholdings, our bank established and announced in November 2023 a plan to reduce their book value by ¥5 billion by the end of March 2026 compared with the end of March 2023. As of the end of March 2025, the book value of strategic shareholdings had been reduced by ¥4.6 billion compared with the end of March 2023, and we expect to achieve the plan early in fiscal 2026.」
Against the target of reducing book value by ¥5 billion by the end of March 2026, ¥4.6 billion had been reduced as of the end of March 2025. We sold 14 listed issues and 3 unlisted issues. - FY2024AdvancedAnnual report
「To reduce strategic shareholdings, our bank set a target, announced in November 2023, of reducing their book value by ¥5 billion by the end of March 2026 compared with the end of March 2023. As of the end of March 2024, the book value of strategic shareholdings had been reduced by ¥1.5 billion compared with the end of March 2023.」
A new target was set to reduce the book value of strategic shareholdings by ¥5 billion by the end of March 2026, and the reduction had reached ¥1.5 billion as of the end of March 2024. - FY2023AdvancedAnnual report
「At the meeting of the Board of Directors held on 21 December 2022, we reviewed whether the holdings were appropriate. An overview is provided below.」
We continued reviewing strategic shareholdings, selling 5 listed issues and 11 unlisted issues while acquiring 1 unlisted issue for purposes including supporting the businesses of regional small and medium-sized enterprises. - FY2022AdvancedAnnual report
「In accordance with the above policy, our bank reviewed whether its holdings were appropriate at the meeting of the Board of Directors held on 10 November 2021. An overview is provided below.」
We continued reviewing strategic shareholdings, selling 7 listed issues and 20 unlisted issues while acquiring 3 unlisted issues for purposes including supporting the businesses of regional small and medium-sized enterprises. - FY2020AdvancedAnnual report
「In accordance with the above policy, our bank reviewed whether its holdings were appropriate at the meeting of the Board of Directors held on 30 October 2019. An overview is provided below.」
We continued reviewing strategic shareholdings. During the fiscal year, we sold 4 listed issues and 22 unlisted issues, while acquiring 2 listed issues and 5 unlisted issues for purposes including strengthening relationships with listed regional companies. - FY2019AdvancedAnnual report
「In accordance with the above policy, our bank reviewed whether its holdings were appropriate at the meeting of the Board of Directors held on 29 October 2018. An overview is provided below.」
For strategic shareholdings, we reviewed individual issues based on their holding purposes, risks and cost of equity, and sold 5 listed issues and 10 unlisted issues. - FY2018RestatedAnnual report
「Rational holding purposes are defined as: “a. contributing to the revitalization and development of the Hokkaido economy and the local community; b. supporting (including turnaround support for) and developing regional companies; c. the future prospects and growth potential of business partners; d. maintaining and strengthening business relationships; and e. capital and business alliances.” These purposes are evaluated and determined comprehensively from a medium- to long-term perspective, based on the management principles of our bank and the 札幌北洋グループ.」
The policy of limiting the purposes of strategic shareholdings and reviewing individual issues periodically, including their risks, profitability and economic rationale, has continued. - FY2017First statedAnnual report
「The 札幌北洋グループ does not hold listed shares for purposes other than pure investment, commonly referred to as “strategic shareholdings,” unless a rational holding purpose is recognized. Rational holding purposes are defined as: “a. contributing to the revitalization and development of the Hokkaido economy and the local community; b. supporting (including turnaround support for) and developing regional companies; c. the future prospects and growth potential of business partners; d. maintaining and strengthening business relationships; and e. capital and business alliances.” These purposes are evaluated and determined comprehensively from a medium- to long-term perspective, based on the management principles of our bank and the 札幌北洋グループ.」
For strategic shareholdings, the purposes of holding, periodic reviews by individual issue, risk management, profitability reviews and voting guidelines have been specified. The number of holdings was 326 issues, with a total balance sheet carrying amount of ¥138.196 billion.