Strategic Shareholdings for the Purpose of Inter-Company Collaboration
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Rotation of holdingsAnnual report
「Holdings that increased during the fiscal year: shares other than unlisted shares, 1, 176; acquisition to maintain and strengthen relationships with the company concerned. Holdings that decreased during the fiscal year: shares other than unlisted shares, 1, 87」
The disclosure reports the acquisition of 1 holding valued at ¥176 million to maintain and strengthen the relationship, and the sale of 1 holding valued at ¥87 million. The holding policy itself remains unchanged. - FY2025RestatedAnnual report
「Each year, the Board of Directors reviews whether each cross-shareholding should be retained, taking into account its purpose, benefits and other relevant considerations. Since the purposes are appropriate and the holdings have proved beneficial after considering these factors, we have determined that retaining all holdings is appropriate.」
The Board of Directors reviews the purposes and benefits of cross-shareholdings annually and has reaffirmed that retaining all holdings is appropriate. During the current fiscal year, 1 listed shareholding was sold. - FY2022RestatedAnnual report
「We hold cross-shareholdings in companies where doing so can help maintain and strengthen our medium- to long-term relationships with the issuing companies, expand business transactions and create synergies, with the objective of further enhancing corporate value. Each year, the Board of Directors reviews whether each cross-shareholding should be retained, taking into account its purpose, benefits and other relevant considerations.」
We have reaffirmed our policy of holding cross-shareholdings to maintain and strengthen intercompany relationships, expand business transactions and create synergies, with annual reviews by the Board of Directors. - FY2021RestatedAnnual report
「We hold cross-shareholdings in companies where doing so can help maintain and strengthen our medium- to long-term relationships with the issuing companies, expand business transactions and create synergies, with the objective of further enhancing corporate value.」
We continue to hold cross-shareholdings to maintain and strengthen intercompany relationships, expand business transactions and create synergies. - FY2019RestatedAnnual report
「We hold cross-shareholdings in companies where doing so can help maintain and strengthen our medium- to long-term relationships with the issuing companies, expand business transactions and create synergies, with the objective of further enhancing corporate value.」
We have reaffirmed our policy of holding cross-shareholdings to maintain and strengthen intercompany relationships, expand business transactions and create synergies. We disclose that each holding is reviewed by the Board of Directors annually and that all holdings were deemed appropriate to retain. - FY2016First statedAnnual report
「The objective is to strengthen intercompany collaboration and further enhance corporate value.」
Investments held for purposes other than pure investment are held for intercompany collaboration and enhancement of corporate value.