Strengthening Collaborative and Business Relationships through Strategic Shareholdings
First written in FY2018. 5 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2019: 17 of 136 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「During the fiscal year, the securities whose number of shares decreased consisted of － unlisted security and 2 securities other than unlisted shares.」
Regarding cross-shareholdings, the Company sold 2 listed securities for ¥713 million. Meanwhile, it acquired 1 unlisted security for ¥99 million through a capital and business alliance. - FY2025AdvancedAnnual report
「During the fiscal year, the securities whose number of shares decreased consisted of 2 unlisted securities and 2 securities other than unlisted shares.」
Regarding cross-shareholdings, the Company sold 2 unlisted securities and 2 listed securities. The total sale proceeds were ¥513 million, and the gain on sales of investment securities was ¥322 million. - FY2024AdvancedAnnual report
「During the fiscal year, the securities whose number of shares decreased consisted of 1 unlisted security and 1 security other than unlisted shares.」
Regarding cross-shareholdings, the Company sold 1 unlisted security and 1 listed security after reviewing the purpose of holding them, and proceeded to streamline its holdings. - FY2023AdvancedAnnual report
「For securities that did not meet either of the two conditions above, the Company will decide to sell them and proceed with the sale while taking into account the market transaction price, gains or losses arising from the sale, and other impacts.」
Regarding cross-shareholdings, the Company reconfirmed its criteria for selling securities that do not meet the purpose of holding them, in addition to comparing dividends and transaction profits with the cost of capital. During the fiscal year, it sold all 52,550 shares of Mitsubishi UFJ Financial Group, Inc. - FY2023-Q1Disclosure of a partial sale of cross-shareholdingsAnnual report
「Investment securities decreased by ¥162 million due to the sale of cross-shareholdings and other factors.」
The disclosure states that investment securities decreased by ¥162 million in the first quarter due to the sale of cross-shareholdings and other factors. The specific securities sold and the reasons for the decisions were not disclosed. - FY2021AdvancedAnnual report
「For each security, the Company will decide to continue holding it if the combined amount of investment income from holding it, namely dividends, and business contribution, namely the customer’s gross profit from transactions, exceeds the cost incurred by holding it, calculated as the acquisition cost multiplied by the Company’s cost of capital.」
The Company has specified a review process for cross-shareholdings, comparing dividends and customers’ gross profit from transactions with the cost of capital to determine whether to continue holding or sell the shares. - FY2018First statedAnnual report
「Purpose of holding Strengthening collaboration Strengthening business relationships」
The disclosure states that shares held for purposes other than pure investment are held to strengthen collaborative or business relationships. At the end of the fiscal year, the Company held 30 securities, with a balance sheet carrying amount of ¥2.430 billion.