Komori
Hikari Tsushin (9435) · PolicyAdvancedLatest M&A and Subsidiary Changes (2026-09-14): "Reframed"

Long-term ownership of investment shares to strengthen business relationships

First written in FY2019. 3 of 7 entries say "Restated". Latest entry: 2026-09-14.

7entries
8years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2020RestatedFY2023 – FY20252019: 120192020: 120202021: 020212022: 020222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Business relationships and sales policy through strategic shareholdingsA theme 611 companies write about · 0 as a headwind · 554 as a tailwind

The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 616 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-14ReframedM&A and Subsidiary Changes

    「To date, the HIKARI TSUSHIN Group has made pure investments in promising listed companies expected to increase corporate value.」

    After describing its track record of pure investments, the Group explains its investment in terms of taking the Target private, business reform and management support with joint investors.
  2. FY2026AdvancedAnnual report

    「The fair value at the sale dates of financial assets measured at fair value through other comprehensive income that were sold during the period was ¥161,405 million, and the accumulated gains or losses related to the sales were ¥57,971 million.」

    While continuing its policy on investment shares held for the long term or to strengthen business relationships, the Company sold approximately ¥161.4 billion of equity financial assets that no longer aligned with its investment strategy.
  3. FY2025RestatedAnnual report

    「The Group designates equity instruments such as shares that it holds as financial assets measured at fair value through other comprehensive income in order to hold them over the long term and earn gains from increases in market prices and dividends, or to expand its earnings base by maintaining and strengthening business relationships.」

    The Company reconfirmed its policy of holding shares and other investments over the long term to benefit from increases in market prices and dividends, or to expand its earnings base by strengthening business relationships.
  4. FY2024RestatedAnnual report

    「The Group designates equity instruments such as shares that it holds as financial assets measured at fair value through other comprehensive income in order to hold them over the long term and earn gains from increases in market prices and dividends, or to expand its earnings base by maintaining and strengthening business relationships.」

    The Company reconfirmed its policy of holding shares and other investments over the long term to benefit from increases in market prices and dividends, or to expand its earnings base by strengthening business relationships.
  5. FY2023RestatedAnnual report

    「The Group designates equity instruments such as shares that it holds as financial assets measured at fair value through other comprehensive income in order to hold them over the long term and earn gains from increases in market prices and dividends, or to expand its earnings base by maintaining and strengthening business relationships.」

    The Company reconfirmed its policy of holding equity instruments such as shares over the long term to benefit from increases in market prices and dividends, or to expand its earnings base by strengthening business relationships.
  6. FY2020AdvancedAnnual report

    「For equity financial assets designated as financial assets measured at fair value through other comprehensive income, the Group immediately transfers the accumulated gains or losses arising from changes in fair value to retained earnings.」

    The Company sold equity financial assets that no longer aligned with its investment strategy. Their fair value at the sale date during the current consolidated fiscal year was ¥67,844 million, and the accumulated gain or loss was ¥27,168 million.
  7. FY2019First statedAnnual report

    「The Group designates equity instruments such as shares that it holds as financial assets measured at fair value through other comprehensive income in order to hold them over the long term and earn gains from increases in market prices and dividends, or to expand its earnings base by maintaining and strengthening business relationships.」

    The Group explicitly states its policy of holding equity instruments such as shares over the long term to benefit from market price appreciation and dividends, or to expand its earnings base by maintaining and strengthening business relationships.
Moved together

"Expanding services related to daily life beyond information and communications" moved the same way as this thread, in the same document, in 2 of its 7 moves.

22222★12345
  1. ★This thread
  2. 1Expanding services related to daily life beyond information and communications2×
  3. 2Expansion of Recurring Profit and High-Recurring-Revenue Models2×
  4. 3Expanding Corporate Customers and Recurring Profit2×
  5. 4Continuing stable dividends and a planned ¥204 dividend for the next fiscal year2×
  6. 5Centralizing management functions at the parent company and conducting group-wide audits and risk management2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Hikari Tsushin yet. It last moved in the M&A and Subsidiary Changes of 2026-09-14: "Reframed".
Long-term ownership of investment shares to strengthen business relationships | HIKARI TSUSHIN,INC. (9435) | Komori