Strategic Holdings of Investment Securities and Portfolio Review
First written in FY2019. 8 of 9 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「We will select investment securities strategically, taking into account the subject company's future profitability, risk and return, and cost of capital. We will also periodically review the portfolio of shares held, including by reducing holdings when the rationale for holding them has weakened or they no longer align with our capital policy. At a meeting of the Board of Directors, it was confirmed that holding all issues remained appropriate based on the status of investment shareholdings as of 31 March 2026.」
The Board of Directors conducted its annual review and confirmed that holding all issues was appropriate. Japan Exchange Group shares increased from 1,651,780 to 1,681,780, and rebalancing involving an acquisition cost of ¥62 million for one issue was also disclosed. - FY2025AdvancedAnnual report
「At a meeting of the Board of Directors, it was confirmed that holding all issues remained appropriate based on the status of investment shareholdings as of 31 March 2025.」
The company conducted its annual review of investment shares and confirmed that holding all issues was appropriate. The number of Japan Exchange Group shares increased from 815,890 to 1,651,780, and an increase of ¥35 million in acquisition cost resulting from portfolio rebalancing under the capital policy was also disclosed. - FY2025-H1AdvancedAnnual report
「Property, plant and equipment increased by ¥151 million from the end of the previous fiscal year to ¥9,578 million. The main factor was an increase resulting from investments in investment securities.」
Investments and other assets increased as a result of investments in investment securities, and ¥654 million in purchases of investment securities was recorded. Specific investment actions involving the portfolio were disclosed. - FY2024AdvancedAnnual report
「The Board of Directors confirmed that holding all issues remained appropriate based on the status of investment shareholdings as of 31 March 2024. …The increase in the number of shares was due to portfolio rebalancing in accordance with the company's capital policy. …The company no longer held the shares as of the end of March 2024 because it sold all of them during the fiscal year.」
The company conducted its annual review of investment shares and confirmed that holding all issues was appropriate. Specific review actions were disclosed, including an increase resulting from the acquisition of shares in Japan Exchange Group, the sale of all shares in one issue, and portfolio rebalancing. - FY2024-Q2AdvancedAnnual report
「At a management meeting held on 5 October 2023, the company decided to redeem investment funds held for its own account and completed the procedures.」
The company decided at a management meeting to redeem investment funds held for its own account and completed the procedures. Specific portfolio review actions involving investment securities were disclosed as a material subsequent event after the filing date. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors, it was confirmed that holding all issues remained appropriate based on the status of investment shareholdings as of 31 March 2022.」
The Board of Directors conducted its annual review of whether investment shares should be held, based on 31 March 2022, and confirmed that holding all issues was appropriate. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors, it was confirmed that holding all issues remained appropriate based on the status of investment shareholdings as of 31 March 2021.」
The Board of Directors conducted its annual review of whether investment shares should be held and confirmed that holding all issues was appropriate. An increase in the number of shares held in one listed issue, other than unlisted shares, through an acquisition costing ¥689 million was also disclosed. - FY2020AdvancedAnnual report
「At a meeting of the Board of Directors, it was confirmed that holding all issues remained appropriate based on the status of investment shareholdings as of 31 March 2020.」
The results of the Board of Directors' review of whether investment shares should be held, taking into account future profitability, risk and return, and cost of capital, were disclosed. Holding all issues was confirmed to be appropriate. - FY2019First statedAnnual report
「We will select investment securities strategically, taking into account the subject company's future profitability, risk and return, and cost of capital. We will also periodically review the portfolio of shares held, including by reducing holdings when the rationale for holding them has weakened or they no longer align with our capital policy.」
A policy of selecting investment securities based on future profitability, risk and return, and cost of capital, and reducing holdings when the rationale for holding them declines, was identified as a theme for the first time.