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CORPORATION","held_sec_code":"8053","match_status":"matched","shares":1335485,"book_value_yen":7719000000,"fy_of_change_ja":"2025年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手総合商社であり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、住友商事㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました (保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。当社の第２次中期経営計画期間中において売却する方針です","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"大和ハウス工業㈱","held_name_en":"DAIWA HOUSE INDUSTRY CO., LTD.","held_sec_code":"1925","match_status":"matched","shares":1104708,"book_value_yen":5432000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手住宅総合メーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、大和ハウス工業㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"㈱Ｔ＆Ｄホールディングス","held_name_en":"T&D Holdings, Inc.","held_sec_code":"8795","match_status":"matched","shares":1204000,"book_value_yen":4763000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手保険業者であり、保険窓販商品の供給をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、㈱T&Dホールディングスとの取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました (保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後の売却時期は未定ですが、時価配当利回り等の定量的な収益性基準や株価の状況等を踏まえ段階的な売却も検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"明治ホールディングス㈱","held_name_en":"Meiji Holdings Co.,Ltd.","held_sec_code":"2269","match_status":"matched","shares":860444,"book_value_yen":3320000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に工場や事業拠点を有し、食品メーカーや製薬会社を傘下に持つ持株会社であり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、明治ホールディングス㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"ＭＳ＆ＡＤインシュアランスグループホールディングス㈱","held_name_en":"MS&AD Insurance Group Holdings, Inc.","held_sec_code":"8725","match_status":"matched","shares":780408,"book_value_yen":3146000000,"fy_of_change_ja":"2024年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手保険業者であり、保険窓販商品の供給をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、MS&ADインシュアランスグループホールディングス㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました (保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後の売却時期は未定ですが、時価配当利回り等の定量的な収益性基準や株価の状況等を踏まえ段階的な売却も検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"日本電気硝子㈱","held_name_en":"Nippon Electric Glass Co., Ltd.","held_sec_code":"5214","match_status":"matched","shares":506436,"book_value_yen":2994000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手ガラス製造事業者であり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、日本電気硝子㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"中部電力㈱","held_name_en":"Chubu Electric Power Company,Incorporated","held_sec_code":"9502","match_status":"matched","shares":687075,"book_value_yen":1774000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手電力会社であり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、中部電力㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"積水ハウス㈱","held_name_en":"Ｓｅｋｉｓｕｉ Ｈｏｕｓｅ, Ｌｔｄ.","held_sec_code":"1928","match_status":"matched","shares":396250,"book_value_yen":1394000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手住宅メーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、積水ハウス㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"ＮＴＮ㈱","held_name_en":"ＮＴＮ　ＣＯＲＰＯＲＡＴＩＯＮ","held_sec_code":"6472","match_status":"matched","shares":4309538,"book_value_yen":1376000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手ベアリングメーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、NTN㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました (保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"㈱メニコン","held_name_en":"Menicon Co., Ltd.","held_sec_code":"7780","match_status":"matched","shares":800000,"book_value_yen":1362000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手総合コンタクトメーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、㈱メニコンとの取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"㈱ジーエス・ユアサコーポレーション","held_name_en":"GS Yuasa Corporation","held_sec_code":"6674","match_status":"matched","shares":256250,"book_value_yen":1352000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手自動車・産業用電池メーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、㈱ジーエス・ユアサコーポレーションとの取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"ＫＤＤＩ㈱","held_name_en":"KDDI CORPORATION","held_sec_code":"9433","match_status":"matched","shares":452000,"book_value_yen":1231000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手総合通信事業者であり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、KDDI㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"東ソー㈱","held_name_en":"TOSOH CORPORATION","held_sec_code":"4042","match_status":"matched","shares":274303,"book_value_yen":634000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手総合化学メーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、東ソー㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"三菱マテリアル㈱","held_name_en":"MITSUBISHI MATERIALS CORPORATION","held_sec_code":"5711","match_status":"matched","shares":125571,"book_value_yen":604000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手非鉄金属メーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、三菱マテリアル㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。当社の第２次中期経営計画期間中において売却する方針です","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"エア・ウォーター㈱","held_name_en":"AIR WATER INC.","held_sec_code":"4088","match_status":"matched","shares":250000,"book_value_yen":531000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手産業ガスメーカーであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、エア・ウォーター㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"ジャフコグループ㈱","held_name_en":"JAFCO Group Co., Ltd.","held_sec_code":"8595","match_status":"matched","shares":216000,"book_value_yen":488000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する大手ベンチャーキャピタルであり、事業連携をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、ジャフコグループ㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"日清紡ホールディングス㈱","held_name_en":"Nisshinbo Holdings Inc.","held_sec_code":"3105","match_status":"matched","shares":317898,"book_value_yen":457000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点を有する環境・エネルギーカンパニーグループであり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、日清紡ホールディングス㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。当社の第２次中期経営計画期間中において売却する方針です","implausible":false},{"holder_table":"largest","direction":"to_pure","held_name_raw":"日本紙パルプ商事㈱","held_name_en":"Japan Pulp & Paper Co., Ltd.","held_sec_code":"8032","match_status":"matched","shares":368920,"book_value_yen":381000000,"fy_of_change_ja":"2026年3月期","reason_ja":"(保有目的の変更理由)当社グループの営業基盤である地域に事業拠点や工場を有する大手紙専門商社であり、銀行取引をはじめとする総合的な取引関係の維持・拡大を理由として政策保有目的により株式を保有しておりましたが、日本紙パルプ商事㈱との取引や交渉の経緯を踏まえ、株式保有に依拠せずとも、取引等適切な関係の構築が可能となったものと判断いたしました。また、売却の応諾が得られ、発行者との関係において売却を妨げる事情が存在せず、定量的な収益性基準を設けたうえで、当該株式価値の変動又は配当収入による利益の享受を目的とすることが可能となったため純投資目的に変更いたしました(保有又は売却に関する方針)純投資の内部基準（時価配当利回りまたは評価損益）を充足。今後時価配当利回り等の定量的な収益性基準や株価の状況等経済合理性を考慮し保有の継続または適切なタイミングでの売却を検討いたします","implausible":false}],"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":"(注) １　レック㈱以下の銘柄の貸借対照表計上額は当社の資本金額の100分の1以下ですが、貸借対照表計上額の上位60銘柄に該当するため記載しております。「*」は、当該銘柄の貸借対照表計上額が当社の資本金の100分の1以下であり、かつ貸借対照表計上額の上位60銘柄に該当しないため記載を省略していることを示しています。「―」は、当事業年度末時点で、当該銘柄を保有していないこと（当事業年度中に投資株式の保有目的を純投資目的以外の目的から純投資目的に変更したことを含む）を示しており、「保有目的、業務提携等の概要、定量的な保有効果及び株式数が増加した理由」および「当社グループの株式の保有の有無」については記載を省略しています。"},{"holder_table":"largest","note_no":"2","text_ja":"２　㈱J－オイルミルズおよび相鉄ホールディングス㈱は、当社株式をみなし保有株式として保有しています（森永乳業㈱は、当社株式をみなし保有株式としても保有しています）。"},{"holder_table":"largest","note_no":"3","text_ja":"３　当社グループの株式の保有の「有」には、持株会社傘下の事業会社による保有を含みます。"}],"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":6,"acquisition_cost_yen":2966000000,"issues_decreased":15,"sale_proceeds_yen":21360000000,"entity_scope":"largest_holding_company","share_scope":"listed"},{"holder_table":"largest","share_class":"unlisted","issues_increased":2,"acquisition_cost_yen":12000000,"issues_decreased":4,"sale_proceeds_yen":977000000,"entity_scope":"largest_holding_company","share_scope":"unlisted"}],"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":390039000000,"listed_yen":383218000000,"unlisted_yen":6821000000,"listed_issues":90,"unlisted_issues":128,"equity_yen":1231900000000,"equity_basis":"jgaap_consolidated","total_assets_yen":16016015000000,"assets_basis":"jgaap_consolidated","pct_of_equity":31.66157967367481,"pct_of_assets":2.4353061607397346,"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":"largest","share_class":"listed","book_value_yen":383218000000,"issue_count":90,"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":6821000000,"issue_count":128,"holder_table_label":"Largest holder in the group","entity_scope":"largest_holding_company","share_scope":"unlisted"}],"scale_history":[{"year":"2023","period_end":"2023-03-31","policy_total_yen":456146000000,"equity_yen":1148105000000,"equity_basis":"jgaap_consolidated","pct_of_equity":39.73033825303435,"pct_of_assets":2.913761237226512},{"year":"2024","period_end":"2024-03-31","policy_total_yen":490494000000,"equity_yen":1203387000000,"equity_basis":"jgaap_consolidated","pct_of_equity":40.75945643421443,"pct_of_assets":3.0386971195958465},{"year":"2025","period_end":"2025-03-31","policy_total_yen":401733000000,"equity_yen":1166953000000,"equity_basis":"jgaap_consolidated","pct_of_equity":34.42580806596324,"pct_of_assets":2.556389140190295},{"year":"2026","period_end":"2026-03-31","policy_total_yen":390039000000,"equity_yen":1231900000000,"equity_basis":"jgaap_consolidated","pct_of_equity":31.66157967367481,"pct_of_assets":2.4353061607397346}],"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":"2023","period_end":"2023-03-31","named_holdings":60,"book_value_yen":434853000000},{"year":"2024","period_end":"2024-03-31","named_holdings":64,"book_value_yen":465951000000},{"year":"2025","period_end":"2025-03-31","named_holdings":68,"book_value_yen":384428000000},{"year":"2026","period_end":"2026-03-31","named_holdings":79,"book_value_yen":379463000000}],"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."}}