Strategic shareholdings held to maintain business relationships
First written in FY2018. 1 of 9 entries say "Advanced", first in 2026-05-14. Latest entry: FY2026.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2026The number of cross-shareholdings decreased and 5 issues were sold, while their carrying amount increasedAnnual report
「Unlisted shares 74 2,116 Shares other than unlisted shares 43 44,319」
Cross-shareholdings totaled 117 issues with a carrying amount of ¥46,435 million. The number of issues decreased from 121 while the carrying amount increased from ¥36,322 million in the previous fiscal year. The company disclosed the sale of 5 listed issues during the period, for sale proceeds of ¥5,223 million. - 2026-05-14AdvancedEarnings
「Net income attributable to owners of the parent increased 16.1% to ¥31,262 million, helped by gains on the sale of rental real estate and cross-shareholdings.」
Gains on the sale of cross-shareholdings are explicitly identified as a factor behind the increase in net income. - FY2025The number and carrying amount of cross-shareholdings decreased, and 16 issues were soldAnnual report
「Unlisted shares 74 2,273 Shares other than unlisted shares 47 34,049」
Cross-shareholdings totaled 121 issues with a carrying amount of ¥36,322 million, down from 136 issues and ¥40,378 million in the previous fiscal year. The company disclosed sales during the period, including 1 unlisted issue and 16 listed issues. - FY2024The number of cross-shareholdings decreased from 149 to 136 issues, while their carrying amount increased from ¥26,070 million to ¥40,378 millionAnnual report
「Unlisted shares 74 2,179 Shares other than unlisted shares 62 38,199」
Cross-shareholdings totaled 136 issues with a carrying amount of ¥40,378 million. The number of issues decreased from 149 while the carrying amount increased from ¥26,070 million in the previous fiscal year, mainly due to fair value measurement and other factors. - FY2022The number of cross-shareholdings decreased from 151 to 149 issues, while their carrying amount increasedAnnual report
「Unlisted shares 74 1,862 Shares other than unlisted shares 75 24,208」
Cross-shareholdings totaled 149 issues with a carrying amount of ¥26,070 million. The number of issues decreased from 151 while the carrying amount increased from ¥22,432 million in the previous fiscal year, mainly due to fair value measurement and other factors. The Board of Directors’ annual verification of the appropriateness of holdings also continues. - FY2021The number of cross-shareholdings decreased, while their carrying amount increased due to fair value measurementAnnual report
「Unlisted shares 75 1,790 Shares other than unlisted shares 76 20,642」
Cross-shareholdings totaled 151 issues with a carrying amount of ¥22,432 million. The number of issues decreased from 162 and the carrying amount increased from ¥17,967 million in the previous fiscal year, mainly due to an increase in the market value of listed shares and other factors. - FY2020The number and carrying amount of cross-shareholdings decreased further, and the company disclosed the reasons for the increase in the number of sharesAnnual report
「Unlisted shares 75 1,790 Shares other than unlisted shares 83 16,050 The company holds cross-shareholdings for purposes including maintaining and strengthening business relationships and business alliances.」
Cross-shareholdings totaled 158 issues with a carrying amount of ¥17,840 million, down from 162 issues and ¥17,967 million in the previous fiscal year. The company also disclosed an increase of 7 issues and ¥4,696 million in acquisition cost for shares other than unlisted shares. - FY2019The number and carrying amount of cross-shareholdings decreased, and the method for verifying their appropriateness each fiscal year was specifiedAnnual report
「Unlisted shares 75 1,790 Shares other than unlisted shares 87 16,177 The company holds cross-shareholdings for purposes including maintaining and strengthening business relationships and business alliances. Taking into account their medium- to long-term economic rationale, the company comprehensively verifies the business relationships and benefits that the Group obtains through shareholdings against the investment amount. The Board of Directors verifies the appropriateness of holding each cross-shareholding every fiscal year.」
Cross-shareholdings totaled 162 issues with a carrying amount of ¥17,967 million, down from 167 issues and ¥19,203 million in the previous fiscal year. The company states that they are held to maintain and strengthen business relationships and other purposes, and specifies that the Board of Directors verifies their appropriateness each fiscal year. - FY2018First statedAnnual report
「Number of issues and total carrying amount on the balance sheet of investment shares held for purposes other than pure investment 167 issues ¥19,203 million」
The company held 167 investment share issues for purposes other than pure investment, with a balance-sheet carrying amount of ¥19,203 million, and stated that the purpose of holding individual issues was to maintain business relationships.