Strategic shareholdings held to facilitate business relationships, etc.
First written in FY2017. 2 of 11 entries say "Advanced", first in 2026-06-05. Latest entry: 2026-07-02.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- 2026-07-02AdvancedGovernance
「As of 31 March 2026, the number of listed holdings of policy-oriented shares held by the company and its subsidiaries had been reduced by 12, from 38 to 26, over the year. Their market value was ¥23.6 billion, representing 9.7% of the company's total consolidated net assets.」
The company specifically disclosed the reduction in policy-oriented shareholdings, the number of holdings, their market value and their ratio to net assets. - FY2026Fewer holdings and lower balance-sheet valueAnnual report
「The Company reviews policy-held shares annually at meetings of the Board of Directors from the perspectives of the profit or loss and risks associated with holding them, capital costs and other factors, and appropriately reduces holdings that no longer meet the policy objectives described above.” “Unlisted shares: 1; 23” “Shares other than unlisted shares: 11; 22,253」
Policy-held shares totaled 12 securities worth approximately ¥22,276 million, down from 15 securities worth approximately ¥28,651 million in the previous disclosure. During the fiscal year, the company sold 1 security for ¥163 million. - 2026-06-05AdvancedGeneral Meetings of Shareholders
「As of 31 March 2026, the number of listed holdings of policy-oriented shares held by the company and its subsidiaries had been reduced by 12, from 38 to 26, over the year.」
The company disclosed the reduction of policy-oriented shareholdings as an actual sale result, reducing the number of holdings from 38 to 26. - FY2026-H1Sale of strategic shareholdingsAnnual report
「Interim net income attributable to owners of the parent was ¥7,201 million, up 6.8% year on year, partly because the sale of policy-held shares generated gains on sales of investment securities.」
Gains on sales of investment securities arose from the sale of policy-held shares, and the results reflected sales in line with the policy of reducing such holdings. - FY2024Higher outstanding balance, unchanged number of securitiesAnnual report
「The Company reviews policy-held shares annually at meetings of the Board of Directors from the perspectives of the profit or loss and risks associated with holding them, capital costs and other factors, and appropriately reduces holdings that no longer meet the policy objectives described above. Number of securities: 1; ¥23 million” “Shares other than unlisted shares: 14 securities; ¥28,628 million」
Policy-held shares totaled 15 securities, unchanged from the previous disclosure, while their balance sheet carrying amount increased from approximately ¥18,743 million to approximately ¥28,651 million. The company continued its policy of annual review and reduction. - FY2023Significant decrease in number of securities, slight increase in outstanding balanceAnnual report
「Number of securities: 1; ¥23 million” “Shares other than unlisted shares: 14 securities; ¥18,720 million” “The Company reviews policy-held shares annually at meetings of the Board of Directors from the perspectives of the profit or loss and risks associated with holding them, capital costs and other factors, and appropriately reduces holdings that no longer meet the policy objectives described above.」
Policy-held shares comprised 1 unlisted security worth ¥23 million and 14 other securities worth ¥18,720 million, for a total of 15 securities worth ¥18,743 million. The number of securities decreased from 26 in the previous disclosure, and the company continued its policy of annual review and reduction by the Board of Directors. - FY2021Fewer securities held, higher market value of holdingsAnnual report
「The Company reviews policy-held shares annually at meetings of the Board of Directors from the perspectives of the profit or loss and risks associated with holding them, capital costs and other factors, and appropriately reduces holdings that no longer meet the policy objectives described above. Number of securities: 26; total balance sheet carrying amount: ¥18,685 million」
Policy-held shares decreased from 29 securities with a carrying amount of approximately ¥14,409 million in the previous fiscal year to 26 securities with a carrying amount of approximately ¥18,685 million. While selling 4 securities, the company acquired 1 security through an employee stock ownership plan for business partners. - FY2020Significant reduction in outstanding holdingsAnnual report
「Unlisted shares 1 23 Shares other than unlisted shares 28 14,386 (Securities for which the number of shares decreased during the fiscal year) Shares other than unlisted shares 4 1,619」
Policy-held shares totaled 29 securities, with a balance sheet carrying amount of approximately ¥14,409 million. This was a significant decrease from approximately ¥19,655 million in the previous fiscal year, and the company sold 4 securities. - FY2019Specific policy to reduce holdings and outstanding balancesAnnual report
「As a basic policy, policy-held shares comprise shares of business partners whose holdings are expected to enhance corporate value through stronger business alliances and corporate ties, including the maintenance and strengthening of business relationships. Number of securities: 29; total balance sheet carrying amount: ¥19,655 million」
Policy-held shares decreased from 30 securities with a carrying amount of approximately ¥24,047 million in the previous fiscal year to 29 securities with a carrying amount of approximately ¥19,655 million. The company has specified a policy of reducing holdings as necessary after the Board of Directors conducts quantitative evaluations and verifies their contribution to corporate value. - FY2018Fewer holdings and higher balanceAnnual report
「Number of securities: 30 Balance sheet carrying amount: ¥24,047 million」
Policy-held shares decreased from 31 securities with a carrying amount of ¥21,110 million in the previous fiscal year to 30 securities with a carrying amount of ¥24,047 million. The company continued to explain that the purpose of holding them was to facilitate business relationships and other dealings. - FY2017First statedAnnual report
「Number of securities: 31 Balance sheet carrying amount: ¥21,110 million」
The company held 31 non-pure-investment equity securities with a balance sheet carrying amount of ¥21,110 million, explaining that the primary purpose of holding individual securities was to facilitate business relationships and other dealings.