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CORPORATION","holder_sec_code":"2329","doc_id":"S100YKO9","period_end":"2026-03-31","holder_table":"reporting","shares":1720000,"book_value_yen":1766000000,"prior_shares":1720000,"prior_book_value_yen":1861000000,"purpose_ja":"広告プロダクションのＣＭ制作等において、同社傘下のグループ会社とＴＶＣＭ制作等の取引関係の維持・強化を図ることを目的として保有しております。定量的な保有効果：（注）","reciprocal":"無","pct_outstanding":0.47906575137329765,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":2.032548396749764,"pct_of_holder_assets":1.7480648545918873,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":86886000000,"holder_total_assets_yen":101026000000,"implausible":false,"reciprocal_held_both_ways":false},{"holder_name":"株式会社テレビ東京ホールディングス","holder_name_en":"TV TOKYO Holdings Corporation","holder_sec_code":"9413","doc_id":"S100YCRR","period_end":"2026-03-31","holder_table":"largest","shares":860000,"book_value_yen":883000000,"prior_shares":860000,"prior_book_value_yen":930000000,"purpose_ja":"テレビ放送事業等における戦略的パートナーであり、関係の維持、強化を図るため株式を保有しています。","reciprocal":"無(注３)","pct_outstanding":0.23953287568664883,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.8209829481004891,"pct_of_holder_assets":0.5668140939640397,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":107554000000,"holder_total_assets_yen":155783000000,"implausible":false,"reciprocal_held_both_ways":false},{"holder_name":"小林製薬株式会社","holder_name_en":"KOBAYASHI PHARMACEUTICAL CO.,LTD.","holder_sec_code":"4967","doc_id":"S100XSXS","period_end":"2025-12-31","holder_table":"reporting","shares":598700,"book_value_yen":698000000,"prior_shares":598700,"prior_book_value_yen":717000000,"purpose_ja":"広告媒体の主要仕入先であり、協力関係を維持していくために保有しております。","reciprocal":"有","pct_outstanding":0.16675387520185658,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.33079314528359116,"pct_of_holder_assets":0.2535148858275009,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":211008000000,"holder_total_assets_yen":275329000000,"implausible":false,"reciprocal_held_both_ways":true},{"holder_name":"朝日放送グループホールディングス株式会社","holder_name_en":"ASAHI BROADCASTING GROUP HOLDINGS CORPORATION","holder_sec_code":"9405","doc_id":"S100YD4D","period_end":"2026-03-31","holder_table":"reporting","shares":200000,"book_value_yen":205000000,"prior_shares":200000,"prior_book_value_yen":216000000,"purpose_ja":"広告販売や放送番組およびコンテンツ制作等に係る取引関係の強化・維持のため。子会社によるＣＭの仲介、番組企画、大型特番のセールスなどの取引実績あり。","reciprocal":"無","pct_outstanding":0.055705319927127635,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.24327724111741392,"pct_of_holder_assets":0.1523959618787077,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":84266000000,"holder_total_assets_yen":134518000000,"implausible":false,"reciprocal_held_both_ways":false},{"holder_name":"中部日本放送株式会社","holder_name_en":"CHUBU-NIPPON BROADCASTING CO.,LTD.","holder_sec_code":"9402","doc_id":"S100YJ8A","period_end":"2026-03-31","holder_table":"reporting","shares":180000,"book_value_yen":184000000,"prior_shares":180000,"prior_book_value_yen":194000000,"purpose_ja":"放送事業における取引先であり、当該先との関係強化ならびに当社グループの事業活動の維持・強化のため保有しております。取引の概要については、主に放送事業において取引先が当社グループの広告枠を販売するものであります。","reciprocal":"有 （注）２","pct_outstanding":0.05013478793441487,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.23049267809943755,"pct_of_holder_assets":0.18118617864563333,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":79829000000,"holder_total_assets_yen":101553000000,"implausible":false,"reciprocal_held_both_ways":true},{"holder_name":"株式会社日清製粉グループ本社","holder_name_en":"NISSHIN SEIFUN GROUP INC.","holder_sec_code":"2002","doc_id":"S100YE6A","period_end":"2026-03-31","holder_table":"reporting","shares":147000,"book_value_yen":150000000,"prior_shares":147000,"prior_book_value_yen":159000000,"purpose_ja":"当社グループの同社を通じた広告宣伝活動を効果的に行うため","reciprocal":"有","pct_outstanding":0.04094341014643881,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.027858308926359345,"pct_of_holder_assets":0.0176531855173266,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":538439000000,"holder_total_assets_yen":849705000000,"implausible":false,"reciprocal_held_both_ways":true},{"holder_name":"株式会社レイ","holder_name_en":"Ray Corporation","holder_sec_code":"4317","doc_id":"S100Y7H8","period_end":"2026-02-28","holder_table":"reporting","shares":1000,"book_value_yen":1171000,"prior_shares":1000,"prior_book_value_yen":1065000,"purpose_ja":"業界動向の把握のために保有しております。","reciprocal":"無","pct_outstanding":0.0002785265996356382,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.015065086706585502,"pct_of_holder_assets":0.010736684150682898,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":7772939000,"holder_total_assets_yen":10906533000,"implausible":false,"reciprocal_held_both_ways":false},{"holder_name":"株式会社テー・オー・ダブリュー","holder_name_en":"TOW CO.,LTD.","holder_sec_code":"4767","doc_id":"S100Z3IZ","period_end":"2026-06-30","holder_table":"reporting","shares":1000,"book_value_yen":1146000,"prior_shares":1000,"prior_book_value_yen":1195000,"purpose_ja":"（保有目的）主要取引先として、円滑な取引関係の維持・強化のため、保有しております。（定量的な保有効果）(注)２","reciprocal":"無","pct_outstanding":0.0002785265996356382,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.010610123780148237,"pct_of_holder_assets":0.007780690972884427,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":10801005000,"holder_total_assets_yen":14728769000,"implausible":false,"reciprocal_held_both_ways":false},{"holder_name":"ＳＭＮ株式会社","holder_name_en":"SMN Corporation","holder_sec_code":"6185","doc_id":"S100YIYU","period_end":"2026-03-31","holder_table":"reporting","shares":100,"book_value_yen":102000,"prior_shares":100,"prior_book_value_yen":108000,"purpose_ja":"業界動向の情報収集","reciprocal":"無","pct_outstanding":2.785265996356382e-05,"pct_unavailable":null,"pct_basis_period_end":"2026-03-31","pct_share_classes":1,"pct_of_holder_equity":0.002313667012506958,"pct_of_holder_assets":0.0015574770886722096,"holder_equity_basis":"jgaap_consolidated","holder_equity_yen":4408586000,"holder_total_assets_yen":6549053000,"implausible":false,"reciprocal_held_both_ways":false}],"reclassified":[],"reclassified_note":"As filed, from the annual report's 保有目的を変更した投資株式 table. direction=to_pure means the filer moved the holding from a policy shareholding to 純投資目的 (pure investment); the shares are not necessarily sold, and the position leaves the named policy table in the year of the change. direction=to_policy is the reverse. fy_of_change_ja is the fiscal year the filer states the change took effect, verbatim — some filers list more than one. A filing repeats these rows for several years after the change, so this is a standing disclosure, not a one-year event.","implausible_note":"A row is flagged implausible when its two filed numbers are mutually impossible — book value ÷ shares of ¥1,000,000 or more, which no listed Japanese share reaches. It is a filer tagging error (a value entered at the wrong scale, or a share count in thousands), not an extraction error: the values match the filing's XBRL exactly. Flagged rows are still returned, exactly as filed, but are excluded from the yen aggregates here and counted in excluded_positions / excluded_yen so the exclusion is visible.","notes":[{"holder_table":"largest","note_no":"1","text_ja":"※１：特定投資株式における定量的な保有効果の記載は困難であります。毎期、個別の政策保有株式について、保有に伴う取引等の便益について取引状況等を元に定量的・定性的な検証を個別銘柄ごとに実施しております。"},{"holder_table":"largest","note_no":"2","text_ja":"※２：当該株式発行者の子会社による保有がございます。"},{"holder_table":"largest","note_no":"3","text_ja":"※３：2025年４月１日付で連結子会社である株式会社博報堂ＤＹメディアパートナーズの事業を株式会社博報堂が承継する会社分割を実施したため、前事業年度の特定投資株式につきましては株式会社博報堂と株式会社博報堂ＤＹメディアパートナーズが保有する株式を合算して表記しております。"},{"holder_table":"reporting","note_no":"1","text_ja":"※１：特定投資株式における定量的な保有効果の記載は困難であります。毎期、個別の政策保有株式について、保有に伴う取引等の便益について取引状況等を元に定量的・定性的な検証を個別銘柄ごとに実施しております。"},{"holder_table":"reporting","note_no":"2","text_ja":"※２：当該株式発行者の子会社による保有がございます。"}],"notes_note":"The filing's own numbered footnotes to the named policy table, verbatim. The XBRL numbers them (注)1, (注)2 … and gives no link back to a row, so a note is tied to a position only where it names that issuer.","flows":[{"holder_table":"largest","share_class":"listed","issues_increased":8,"acquisition_cost_yen":66000000,"issues_decreased":5,"sale_proceeds_yen":6427000000,"entity_scope":"largest_holding_company","share_scope":"listed"},{"holder_table":"largest","share_class":"unlisted","issues_increased":10,"acquisition_cost_yen":524000000,"issues_decreased":8,"sale_proceeds_yen":162000000,"entity_scope":"largest_holding_company","share_scope":"unlisted"},{"holder_table":"reporting","share_class":"listed","issues_increased":null,"acquisition_cost_yen":null,"issues_decreased":2,"sale_proceeds_yen":49000000,"entity_scope":"parent_only","share_scope":"listed"}],"flows_note":"The filer's own tally, as filed, of how many issues increased or decreased during the year and the yen involved — acquisition cost for increases, sale proceeds for decreases. Read against the reclassification table this separates what was actually sold from what merely changed category. Counts are as filed and are not corrected for filer tagging errors.","no_reduction_measure":"This product holds sale proceeds (売却価額), as filed, for one fiscal year. It does NOT hold a book-value-reduction measure. The two are different measures and must never be presented as equivalent.","scale":{"policy_total_yen":85694000000,"listed_yen":80135000000,"unlisted_yen":5559000000,"listed_issues":79,"unlisted_issues":124,"equity_yen":402516000000,"equity_basis":"jgaap_consolidated","total_assets_yen":1081132000000,"assets_basis":"jgaap_consolidated","pct_of_equity":21.289588488407915,"pct_of_assets":7.926321670249331,"equity_basis_label":"Consolidated net assets (Japanese GAAP)","assets_basis_label":"Consolidated net assets (Japanese GAAP)","equity_calc":"total policy shareholdings ÷ shareholders' equity × 100, both as filed in this annual securities report","assets_calc":"total policy shareholdings ÷ total assets × 100, both as filed in this annual securities report"},"scale_entities":[{"holder_table":"reporting","share_class":"listed","book_value_yen":6600000000,"issue_count":4,"holder_table_label":"The filer itself","entity_scope":"parent_only","share_scope":"listed"},{"holder_table":"reporting","share_class":"unlisted","book_value_yen":354000000,"issue_count":9,"holder_table_label":"The filer itself","entity_scope":"parent_only","share_scope":"unlisted"},{"holder_table":"largest","share_class":"listed","book_value_yen":73535000000,"issue_count":75,"holder_table_label":"Largest holder in the group","entity_scope":"largest_holding_company","share_scope":"listed"},{"holder_table":"largest","share_class":"unlisted","book_value_yen":5205000000,"issue_count":115,"holder_table_label":"Largest holder in the group","entity_scope":"largest_holding_company","share_scope":"unlisted"}],"scale_history":[{"year":"2022","period_end":"2022-03-31","policy_total_yen":82516000000,"equity_yen":387414000000,"equity_basis":"jgaap_consolidated","pct_of_equity":21.299178656424395,"pct_of_assets":7.836158235012573},{"year":"2023","period_end":"2023-03-31","policy_total_yen":97245000000,"equity_yen":389814000000,"equity_basis":"jgaap_consolidated","pct_of_equity":24.946512952331112,"pct_of_assets":9.474238003146874},{"year":"2024","period_end":"2024-03-31","policy_total_yen":97864000000,"equity_yen":409200000000,"equity_basis":"jgaap_consolidated","pct_of_equity":23.915933528836753,"pct_of_assets":9.45533103900044},{"year":"2025","period_end":"2025-03-31","policy_total_yen":84604000000,"equity_yen":413682000000,"equity_basis":"jgaap_consolidated","pct_of_equity":20.451457883108283,"pct_of_assets":8.05605837414337},{"year":"2026","period_end":"2026-03-31","policy_total_yen":85694000000,"equity_yen":402516000000,"equity_basis":"jgaap_consolidated","pct_of_equity":21.289588488407915,"pct_of_assets":7.926321670249331}],"scale_note":"The policy total is Official (as filed) — the filing's own total carrying amount for the whole policy bucket, listed and unlisted, summed across the entities the filing discloses. It is a floor: holdings at group companies the filing does not name are disclosed nowhere and are not included. The percentages are calculated, not filed, and carry their formula. equity_basis names which figure the denominator is, because filers report under Japanese, IFRS or US accounting standards and an adopter of the latter two stops tagging the Japanese consolidated figure — a parent-only denominator is a different measure and is labelled as one, never silently mixed with a group figure. Percentages are null where equity or total assets is missing or not positive; missing is never shown as zero.","scale_reference":"ISS's Japan proxy voting guidelines recommend a vote against the top executive at a company that allocates 20 percent or more of its net assets to cross-shareholdings, a policy effective from February 2022. ISS counts unilateral holdings, not only mutual ones.","ownership_calc":"shares held ÷ (issuer's issued shares − treasury shares) × 100, both as filed, the denominator taken from the issuer's own annual securities report nearest the holding's fiscal year end","ownership_note":"Derived, not filed. The denominator is the issuer's own reported issued shares less treasury shares, from its annual report nearest this holding's fiscal year end on either side — pct_basis_period_end gives that date, and it can fall after the holding's date where that report is the closer one. For a single-class listed stock this equals the stake's share of market capitalisation. It is null where the issuer files no annual report we hold; where the issuer's share count moves by half or more across the window, because a split or issue makes the share base indeterminate; and where the result would exceed 100%, which is a data fault rather than a stake. It is less exact where the issuer has more than one share class (pct_share_classes > 1), because treasury shares are reported across all classes.","holder_share_calc":"this position's book value ÷ the holder's shareholders' equity (or total assets) × 100, both as filed in the holder's own annual securities report","holder_share_note":"The mirror of pct_outstanding. That sizes a stake against the ISSUER — how much of the issuer this holder owns. pct_of_holder_equity and pct_of_holder_assets size the same position against the HOLDER: how much of its own capital is committed to this one name. Calculated, not filed. Null where the holder's filing gives no usable denominator, never zero. holder_equity_basis says which accounting figure the denominator is, and a parent_only basis is not comparable with a consolidated one. A position CAN legitimately exceed 100% of equity — a holder whose book equity is smaller than one long-held stake is a real and commercially interesting case, not an error — so no ceiling is imposed. Extreme values are worth checking against the filing: where the position's own two filed numbers are mutually impossible the row is marked `implausible`, but that test catches only scale errors visible per share, so it does not catch every bad figure. The book value and share count are returned alongside so the reader can check.","action_calc":"keyword match over the filing's own stated purpose and table footnotes: 株式分割、株式併合、株式交換、株式移転、会社分割、合併、持株会社、商号変更、公開買付、上場廃止","ratio_calc":"current shares ÷ prior shares where that ratio is an exact whole number (or its exact reciprocal) — the signature of a split or a consolidation rather than a trade","history":[{"year":"2022","period_end":"2022-03-31","named_holdings":66,"book_value_yen":80289000000},{"year":"2023","period_end":"2023-03-31","named_holdings":75,"book_value_yen":88594000000},{"year":"2024","period_end":"2024-03-31","named_holdings":75,"book_value_yen":89420000000},{"year":"2025","period_end":"2025-03-31","named_holdings":76,"book_value_yen":77434000000},{"year":"2026","period_end":"2026-03-31","named_holdings":64,"book_value_yen":79866000000}],"history_note":"One point per annual report filed. Each year's book value is as filed; book values are fair-valued at period end, so a change reflects both trading and market moves.","provenance":{"trust":"official","note":"Figures exactly as filed in each company's 有価証券報告書 (annual securities report), EDINET. Raw filings archived with SHA-256; doc_id links to the source filing."}}