Maintaining and Strengthening Business and Collaborative Relationships through Strategic Shareholdings
First written in FY2018. 4 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 137 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Our group’s basic policy for investment shares held for policy purposes is to reduce the balance, and we will continue working to reduce holdings further across all listed issues.」
The policy of reducing cross-shareholdings continued, with 北都銀行’s listed holdings declining to 1 issue with a book value of ¥24 million in the fiscal year ending March 2026. 荘内銀行 held 11 issues with a book value of ¥710 million. - FY2022AdvancedAnnual report
「Our group’s basic policy for investment shares held for policy purposes is to reduce the balance.」
Listed cross-shareholdings declined to 11 issues with a book value of ¥744 million at 荘内銀行 and 4 issues with a book value of ¥663 million at 北都銀行, indicating that reductions continued. - FY2021AdvancedAnnual report
「(Trends in holdings of investment shares for policy purposes (listed shares) held by our consolidated subsidiaries, 株式会社荘内銀行 and 株式会社北都銀行)…荘内銀行…Number of issues…12…Book value…840…北都銀行…Number of issues…6…Book value…816」
In line with the policy of reducing the balance of cross-shareholdings, listed holdings declined further from the previous fiscal year’s 15 issues and ¥1,139 million at 荘内銀行 and 9 issues and ¥1,296 million at 北都銀行. - FY2020AdvancedAnnual report
「(Trends in holdings of investment shares for policy purposes (listed shares) held by our consolidated subsidiaries, 株式会社荘内銀行 and 株式会社北都銀行)…荘内銀行…Number of issues…19…15…Book value…1,641…1,139…北都銀行…Number of issues…14…9…Book value…1,686…1,296」
In line with the policy of reducing the balance of cross-shareholdings, both 荘内銀行 and 北都銀行 reduced the number of listed issues held and their book value. - FY2019SoftenedAnnual report
「Our group’s basic policy for investment shares held for policy purposes is to reduce the balance. However, we may hold such shares on a limited basis where they contribute to “maintaining and strengthening good relationships, based on a comprehensive consideration of the status of transactions, collaboration and cooperation with companies whose shares we hold.”」
The company explicitly stated a policy of limiting holdings of cross-shareholdings, with balance reduction as the basic policy, instead of the previous policy of holding them to maintain and strengthen business and cooperative relationships. - FY2018First statedAnnual report
「We continue to hold the shares after comprehensively considering transactions with the company and its group, in order to maintain and strengthen our good relationship with them.」
荘内銀行 and 北都銀行 have disclosed that they hold cross-shareholdings for policy purposes to maintain and strengthen relationships with business partners and other parties with which they cooperate. 荘内銀行 holds 95 issues and 北都銀行 holds 97 issues.