Strategic shareholdings held for business and financing relationships
First written in FY2017. 6 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2023.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2023AdvancedAnnual report
「132 holdings, total balance sheet carrying amount of ¥4,824 million, 41 shareholdings other than unlisted shares, total balance sheet carrying amount of ¥72,748 million」
Policy-held shares totaled 173 holdings, down from 176 holdings in the previous fiscal year. During the period, we reduced the holdings by 2 unlisted and 11 listed shareholdings, with total sale proceeds of ¥15.053 billion. - FY2023-Q3AdvancedAnnual report
「Net income attributable to owners of the parent was a net loss of ¥1.3 billion, a decrease of ¥56.5 billion from the same quarter of the previous year, despite recording an extraordinary gain from the sale of policy-held shares. Gain on sale of investment securities - 10,481」
We recorded an extraordinary gain of ¥10.481 billion from the sale of policy-held shares, and the reduction and sale of policy-held shares was reflected in earnings. - FY2022AdvancedAnnual report
「129 unlisted shareholdings, 47 shareholdings other than unlisted shares」
Policy-held shares totaled 176 holdings, down from 184 holdings in the previous fiscal year. We reduced the holdings by 5 unlisted and 4 listed shareholdings, while continuing to assess them against the target cost of capital. - FY2021AdvancedAnnual report
「Under these rules, we verify each holding individually, including whether it contributes to the Group's business through transactions, business alliances or other means, and whether dividends, profits from related transactions and other related income from investee companies exceed the target cost of capital.」
We continued to assess policy-held shares by comparing their contribution to the business with the target cost of capital, reducing the holdings by 4 unlisted and 4 listed shareholdings. - FY2020AdvancedAnnual report
「Number of holdings: 129 unlisted shares, 55 shares other than unlisted shares During the fiscal year, the number of holdings decreased by 2 unlisted shareholdings, with total proceeds from sales of ¥1,112 million.」
Policy-held shares totaled 184 holdings, including the sale of 2 unlisted shareholdings during the period. We continue to verify the rationale for holding them by assessing whether dividends, profits from related transactions and other income exceed the target cost of capital. - FY2019AdvancedAnnual report
「Under these rules, each security is reviewed to determine whether related income, such as dividends and profits from related transactions involving our investees, exceeds the target cost of capital. During the fiscal year, the number of shares decreased for 2 unlisted securities and 1 security other than unlisted securities.」
For strategic shareholdings, the company explicitly discloses individual reviews based on comparisons with the target cost of capital. During the period, the number of shares decreased for 2 unlisted securities and 1 listed security. - FY2018RestatedAnnual report
「Number of securities: 188 Total amount recognized on the balance sheet: ¥76,957 million」
The company discloses strategic shareholdings held for business alliances, sales, raw-material procurement, financing, insurance contracts and other purposes, comprising 188 securities with a total value of ¥76.957 billion. - FY2017First statedAnnual report
「Investment shares held for purposes other than pure investment Number of securities: 186 Total amount recognized on the balance sheet: ¥71,122 million」
The company discloses holdings of strategic shareholdings held for business and sales alliances, raw-material procurement, financing, insurance contracts and other relationships, comprising 186 securities with a total value of ¥71.122 billion.