Stock Analysis

Public companies among Itoham Yonekyu Holdings Inc.'s (TSE:2296) largest shareholders, saw gain in holdings value after stock jumped 3.4% last week

TSE:2296
Source: Shutterstock

Key Insights

  • Significant control over Itoham Yonekyu Holdings by public companies implies that the general public has more power to influence management and governance-related decisions
  • The top 4 shareholders own 51% of the company
  • Institutions own 18% of Itoham Yonekyu Holdings

To get a sense of who is truly in control of Itoham Yonekyu Holdings Inc. (TSE:2296), it is important to understand the ownership structure of the business. With 44% stake, public companies possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

As a result, public companies were the biggest beneficiaries of last week’s 3.4% gain.

Let's take a closer look to see what the different types of shareholders can tell us about Itoham Yonekyu Holdings.

See our latest analysis for Itoham Yonekyu Holdings

ownership-breakdown
TSE:2296 Ownership Breakdown August 26th 2024

What Does The Institutional Ownership Tell Us About Itoham Yonekyu Holdings?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Itoham Yonekyu Holdings already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Itoham Yonekyu Holdings, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
TSE:2296 Earnings and Revenue Growth August 26th 2024

Itoham Yonekyu Holdings is not owned by hedge funds. Mitsubishi Corporation is currently the largest shareholder, with 41% of shares outstanding. With 4.2% and 3.6% of the shares outstanding respectively, Ito Memorial Foundation, Endowment Arm and S Foods Inc. are the second and third largest shareholders.

To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Itoham Yonekyu Holdings

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

We can report that insiders do own shares in Itoham Yonekyu Holdings Inc.. This is a big company, so it is good to see this level of alignment. Insiders own JP¥2.4b worth of shares (at current prices). It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public, who are usually individual investors, hold a 35% stake in Itoham Yonekyu Holdings. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Public Company Ownership

It appears to us that public companies own 44% of Itoham Yonekyu Holdings. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Itoham Yonekyu Holdings is showing 1 warning sign in our investment analysis , you should know about...

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.