Strategic Shareholdings in Business Partners and Annual Review of Their Rationale
First written in FY2021. 4 of 6 entries say "Advanced", first in FY2022. Latest entry: 2026-08-07.
- 2026-08-07Cited as achievedResults
「親会社株主に帰属する四半期純利益は、政策保有株式の売却に伴う投資有価証券売却益等を計上したこともあり、前年同四半期に比べて31.5％増加の136億56百万円となりました。」
政策保有株式の売却に伴う投資有価証券売却益を業績要因として引用している。 - FY2026-H1AdvancedAnnual report
「Net income attributable to owners of the parent increased 22.9% year on year to ¥8,915 million, partly because the company recorded gains on sales of investment securities and other items associated with the sale of cross-shareholdings.」
The company carried out sales related to its review of cross-shareholdings and recorded a gain on sales of investment securities of ¥2,331 million. - FY2024-Q1AdvancedAnnual report
「As part of a review of their respective cross-shareholdings, we requested Mitsui & Co., Ltd. in mid-July 2023 and Mitsubishi Corporation in early August 2023 to sell approximately half of the shares each party held in the other, in order to discuss and consider the optimal capital relationship.」
In line with its policy of conducting annual reviews of the rationale for cross-shareholdings, the company proceeded concretely with a review of its shareholding relationship with Mitsui & Co., Ltd. and Mitsubishi Corporation and consideration of the optimal capital relationship. - FY2023AdvancedAnnual report
「Unlisted shares 2 148 Primarily investments in food wholesalers in Thailand」
While maintaining its policy of reviewing the rationale for cross-shareholdings, the company acquired additional interests in 2 unlisted companies, including a food wholesaler in Thailand. It also sold shares in 4 listed companies. - FY2022AdvancedAnnual report
「Unlisted shares 2 2,500 To expand the business scope」
While maintaining its policy on holding shares in business partners and conducting annual reviews of their rationale, the company acquired 2 unlisted shares at a total acquisition cost of ¥2,500 million to expand its business scope. - FY2021First statedAnnual report
「We determine whether to hold shares in business partners based on whether doing so contributes to the development of our business. Each year, the Board of Directors and other bodies comprehensively consider the purpose of holding each shareholding, transaction status, the benefits and risks associated with the holding, investment returns and other factors, and confirm and verify whether the holdings are appropriate. If a holding is deemed to have insufficient significance, we will seek to reduce it.」
The company has explicitly stated for the first time that it holds shares in business partners to maintain and strengthen business relationships, rather than for pure investment purposes, and will review the benefits, risks and investment returns each year before reducing the holdings as necessary.