Shareholdings held to strengthen and facilitate business relationships
First written in FY2016. 8 of 12 entries say "Advanced", first in FY2018. Latest entry: 2026-11-10.
The whole theme swung hardest in 2019: 17 of 137 companies on the "Worse" side.
- FY2026AchievedAnnual report
「As a result of these initiatives, the ratio of the acquisition cost, or carrying amount, of policy-oriented shareholdings to shareholders’ equity at the end of the fiscal year was 7.8%, down 5.1 percentage points from the end of the previous fiscal year. The target was achieved 2 years ahead of schedule, or 5 years ahead of the original target.」
The Company achieved its target of reducing the acquisition-cost-based ratio of policy-oriented shareholdings to 10% or less by lowering it to 7.8%, 2 years ahead of the deadline of the end of FY2028. It also made progress toward its policy of selling ¥400.0 billion of listed securities, with approximately ¥340.0 billion identified for sale. - FY2025AdvancedAnnual report
「During the fiscal year, the number of shares held decreased for 1 unlisted security and 12 securities other than unlisted shares. The total sale proceeds were ¥32,340 million.」
The Company sold 12 listed securities and other policy-oriented shareholdings, generating sale proceeds of ¥32.3 billion. It reported implementing its policy of reducing holdings whose significance had diminished. - FY2023AdvancedAnnual report
「During the fiscal year, the Company sold 6 holdings whose significance had diminished, for a total of approximately ¥7.0 billion. As a result, the carrying amount of listed shares decreased to ¥269.0 billion, down ¥3.0 billion year on year, and their ratio to shareholders’ equity fell by 2 percentage points to 16.6%, from 18.4% at the end of the previous fiscal year.」
The Company reduced its policy-oriented shareholdings, lowering the ratio of the carrying amount of listed shares to shareholders’ equity from 18.4% to 16.6%. It continues to target a ratio of 10% or less by FY2030. - FY2020AdvancedAnnual report
「The Company may acquire and hold shares of business partners and others when it determines, from the perspective of building and strengthening stable, long-term business relationships with them, that doing so will contribute to the Company’s sustainable growth and the enhancement of corporate value over the medium to long term.」
Shares held for purposes other than pure investment comprised 17 unlisted securities and 221 listed or other securities, with a total carrying amount of approximately ¥366.6 billion. The Company also indicated a policy of reviewing the significance of each holding and reducing holdings whose significance has diminished. - FY2018AdvancedAnnual report
「Investment shares held for purposes other than pure investment」
The number of investment securities held to strengthen and facilitate business relationships was 210, with a total carrying amount on the balance sheet of ¥417.251 billion, up from 197 securities and ¥295.388 billion as reported for FY2016. - FY2016First statedAnnual report
「Investment shares held for purposes other than pure investment」
The Company held 197 securities with a total carrying amount on the balance sheet of ¥295.388 billion, stating “strengthening and facilitating business relationships” as the purpose of holding each security.