Holdings of Investment Shares for Business Relationships and Alliances
First written in FY2016. 6 of 14 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026RaisedAnnual report
「In addition, under the Medium-Term Management Plan 2026-2030, which begins in fiscal 2026, the company plans to sell approximately ¥60 billion of shares held for policy purposes during the plan period.」
After reporting ¥10 billion in sales during the Fifth Medium-Term Management Plan, the company set a target of approximately ¥60 billion in sales during the period of the new plan, substantially expanding its policy of reducing holdings. - FY2026-H1AdvancedAnnual report
「Interim net income attributable to owners of the parent was ¥6.9 billion, up 33.8% year on year, due to the recognition of gains on the sale of investment securities and other items in connection with the partial sale of shares held for policy purposes.」
The company partially sold shares held for policy purposes and recorded a gain on the sale of investment securities. - FY2023RaisedAnnual report
「The company aims to reduce shares held for policy purposes by approximately ¥10 billion by the end of March 2028, equivalent to approximately 10% of their book value at the end of March 2022, and plans to reduce them by approximately ¥6 billion, equivalent to 6% of that amount, during the period of this plan.」
For the reduction of shares held for policy purposes, the company newly set targets with specific deadlines and amounts: approximately ¥10 billion by the end of March 2028 and approximately ¥6 billion during the period of the Fifth Medium-Term Management Plan. - FY2022AdvancedAnnual report
「The company will consider selling and reduce holdings of securities it determines, based on its review, no longer have sufficient rationale to be held.」
The company continues its policy of reviewing and reducing shares held for policy purposes. The number of holdings stood at 51 unlisted securities and 42 listed securities. During the fiscal year, the company reduced its holdings by 1 unlisted security and 1 listed security. - FY2021AdvancedAnnual report
「The company will consider selling and reduce holdings of securities it determines, based on its review, no longer have sufficient rationale to be held.」
The company continues its policy of reviewing the rationale for shares held for policy purposes every year and reducing holdings, and sold 5 listed securities during the fiscal year. - FY2020AdvancedAnnual report
「With respect to the shares held, the company generally verifies the appropriateness of continuing to hold each security every year at the board of directors meeting held in June, based on such considerations as whether the relationship continues to contribute to enhancing corporate value, whether the returns from holding the shares, including profits generated from transactions and dividends received, exceed the company's cost of capital and other benchmarks, and whether there are risks associated with holding them, such as a decline in the share price.」
For shares held for policy purposes, the company verifies the rationale for holding each security at its annual board of directors meeting and has clarified the procedure for reducing holdings whose rationale has weakened. At the end of the fiscal year, the company held 51 unlisted securities and 48 listed securities. - FY2019AdvancedAnnual report
「In light of changes in the business environment and from a medium- to long-term perspective, the company will reduce its holdings of shares whose significance as holdings has diminished. Securities whose number of shares decreased during the fiscal year Unlisted shares: 1 security, ¥23 million Shares other than unlisted shares: 3 securities, ¥3,546 million」
The company clearly stated its policy of reducing shares held for policy purposes whose significance as holdings has diminished, and sold 1 unlisted security and 3 listed securities during the fiscal year. - FY2019-Q2Partial sale of strategic shareholdingsAnnual report
「Net income attributable to owners of the parent included a gain on the sale of investment securities as extraordinary income in connection with the partial sale of shares held for policy purposes, but」
The company partially sold shares held for policy purposes and recorded a gain on the sale of investment securities of ¥2,616 million as extraordinary income. No change to the holding policy itself was disclosed. - FY2018RestatedAnnual report
「Number of securities 102 Total balance sheet amount ¥99,839 million」
The company continues to hold investment securities for the purpose of maintaining and expanding business relationships and forming business alliances. - FY2017RestatedAnnual report
「Investment securities held for purposes other than pure investment Number of securities 103 Total balance sheet amount ¥84,520 million」
The company continues to hold investment securities for the purpose of maintaining and expanding business relationships and forming business alliances. - FY2016First statedAnnual report
「Investment shares held for purposes other than pure investment」
The company holds 105 investment securities for purposes other than pure investment, with a total balance sheet amount of ¥77,499 million. The main purposes of holding them are to maintain and expand business relationships or to establish capital alliances based on business partnerships.