Equity Holding

Latest Update : Sept.3, 2019

Equity Holding

Policies on Cross-Shareholdings and Standards for the Exercising Voting Rights

The cross-shareholdings are for those that are considered to contribute to the enhancement of our corporate value by maintaining and improving stable business relationships through shareholdings. Every year, the Board of Directors meeting examines each individual cross-shareholding as to whether the continuation of the shareholding contributes to the improvement of our corporate value, based on the trend of shareholdings, the operational merits taking into account the status of transactions with the other party, and other economic rationale such as the share price in the market and dividend income and so on. The Company will eliminate at an appropriate time the holdings of those stocks determined not to offer rationale for ownership.

When we exercise voting rights relating to shareholdings, we will take appropriate measures after comprehensively determining whether or not we can contribute to the efficient and sound management of the other party and to sustainable growth and increased corporate value of the Company and the other party.

Total number of companies and amounts on the balance sheet of equity holdings which are not for pure investment (Cross-Shareholdings)

11 companies   5,014 million yen (as of March 31, 2019)

Equity holdings of listed shares for Cross-Shareholdings

Specified Investment Shares
7 companies 3,713 million yen (This accounts for 0.91% of the Company's total equity in its Consolidated Statements of Financial Position [407,260 million yen].) (as of March 31, 2019)

Companies Current fiscal year Previous fiscal year Purpose of holding Presence or Absence of holdings of MinebeaMitsumi shares
Number of shares Number of shares
Amount on B/S
(million yen)
Amount on B/S
(million yen)
Sumitomo Mitsui Trust Holdings, Inc. 308,485 308,485 To maintain better business relationship related to the financial transactions of our Group Presence
1,226 1,328
Mitsubishi UFJ Financial Group, Inc. 2,189,700 2,189,700 To maintain better business relationship related to the financial transactions of our Group Presence
1,204 1,526
Sumitomo Mitsui Financial Group, Inc. 141,740 141,740 To maintain better business relationship related to the financial transactions of our Group Presence
549 631
Iwasaki Electric Co., Ltd. 300,000 300,000 To maintain better business relationship related to the productive transactions of our Group Absence
416 492
The Hachijuni Bank, Ltd. 500,000 500,000 To maintain better business relationship related to the financial transactions of our Group Presence
229 285
Mizuho Financial Group, Inc. 300,350 300,350 To maintain better business relationship related to the financial transactions of our Group Presence
51 57
Nippon Steel & Sumitomo Metal Corporation *1 18,375 18,375 To maintain better business relationship related to the productive transactions of our Group Presence
35 42
  • *1 As of April 1, 2019, Nippon Steel & Sumitomo Metal Corporation changed its corporate name to NIPPON STEEL CORPORATION.

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