Shareholdings Held to Maintain Business Relationships
First written in FY2016. 3 of 12 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026Increase in the carrying value of cross-shareholdings and continued purchasesAnnual report
「Unlisted shares 18 72,986 Shares other than unlisted shares 18 3,256,519 (Issues with an increase in the number of shares during the fiscal year) Shares other than unlisted shares 2 9,299 Purchased through the employee shareholding association to maintain business relationships.」
There were 18 listed issues and other shares, with a carrying amount on the balance sheet of ¥3,256.519 million. The company purchased 2 issues totaling ¥9.299 million to maintain business relationships. - FY2025Trading in cross-shareholdings and update to carrying valuesAnnual report
「Unlisted shares 18 72,986 Shares other than unlisted shares 18 2,457,473 (Issues with an increase in the number of shares during the fiscal year) Shares other than unlisted shares 2 8,909 Purchased through the employee shareholding association to maintain business relationships. (Issues with a decrease in the number of shares during the fiscal year) Shares other than unlisted shares 1 41,820」
Cross-shareholdings comprised 18 listed issues and other shares with a carrying amount of ¥2,457.473 million. The company purchased 2 issues and sold 1 issue. - FY2024Increase in the carrying value of cross-shareholdings and additional purchasesAnnual report
「Unlisted shares 18 72,986 Shares other than unlisted shares 19 2,272,549 Shares other than unlisted shares 2 8,387 Purchased through the employee shareholding association to maintain business relationships.」
Cross-shareholdings comprised 18 unlisted issues and 19 listed issues, with the listed shares having a carrying amount on the balance sheet of ¥2,272.549 million. The company also reported additional purchases of 2 issues totaling ¥8.387 million during the fiscal year. - FY2023AdvancedAnnual report
「During the fiscal year, the number of shares declined for 1 unlisted issue and 1 issue other than unlisted shares, with total sale proceeds of ¥150.150 million.」
Discloses the sale of 1 cross-shareholding, leaving 18 unlisted issues and 19 listed issues, with a total carrying amount of ¥1,660.958 million. - FY2023-Q2AdvancedAnnual report
「This was attributable to a ¥123 million decrease in investment securities, mainly because some cross-shareholdings were sold in response to a tender offer.」
Some cross-shareholdings were sold in response to a tender offer, resulting in a ¥123 million decrease in investment securities. Proceeds from the sale of investment securities were reported at ¥160.250 million. - FY2022Update to the number of holdings and carrying valueAnnual report
「Number of issues (Issues) Total carrying amount on the balance sheet (Thousand yen) Unlisted shares 19 73,086 Shares other than unlisted shares 20 1,517,616」
Discloses 19 unlisted issues and 20 listed issues of cross-shareholdings held to maintain and strengthen business relationships, with a total carrying amount of ¥1,590.702 million. - FY2021-Q2Update to the number of holdings and carrying valueAnnual report
「Number of issues (Issues) Total carrying amount on the balance sheet (Thousand yen) Unlisted shares 20 108,086 Shares other than unlisted shares 20 1,135,747」
Discloses 20 unlisted issues and 20 listed issues of cross-shareholdings held to maintain and strengthen business relationships, with a total carrying amount of ¥1,243.833 million. - FY2020Update to the number of holdings and carrying valueAnnual report
「Number of issues (Issues) Total carrying amount on the balance sheet (Thousand yen) Unlisted shares 20 108,086 Shares other than unlisted shares 20 1,135,747」
Discloses 20 unlisted issues and 20 listed issues of cross-shareholdings held to maintain and strengthen business relationships, with a total carrying amount of ¥1,243.833 million. - FY2019AdvancedAnnual report
「The Board of Directors verifies, as necessary, whether the benefits and risks associated with holding these shares are commensurate with the cost of capital, and if it determines as a result that the holdings should be reduced, the company will seek to sell them or take other measures.」
The policy is to have the Board of Directors verify whether cross-shareholdings are commensurate with the cost of capital and reduce or sell them as necessary. During the fiscal year, the company reduced its holdings by 1 unlisted issue and 1 listed issue, and the sale price of the listed shares was ¥504.421 million. - FY2018Update to the number of holdings and carrying valueAnnual report
「Number of issues 42 Issues Total carrying amount on the balance sheet 2,419,767 Thousand yen」
Discloses 42 issues of cross-shareholdings held to maintain business relationships, with a carrying amount on the balance sheet of ¥2,419.767 million. - FY2017RestatedAnnual report
「All investment securities are shares held to build amicable relationships with business partners and are exposed to the risk of fluctuations in market prices.」
Discloses 43 issues of cross-shareholdings held to maintain business relationships, with a carrying amount on the balance sheet of ¥2,312.234 million. - FY2016First statedAnnual report
「All investment securities are shares held to build amicable relationships with business partners and are exposed to the risk of fluctuations in market prices.」
Explains that investment securities are held to maintain amicable and business relationships with business partners.