Stock Analysis

What Kind Of Shareholders Hold The Majority In Hokuyaku Takeyama Holdings,Inc.'s (SPSE:3055) Shares?

SPSE:3055
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A look at the shareholders of Hokuyaku Takeyama Holdings,Inc. (SPSE:3055) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned.

With a market capitalization of JP¥17b, Hokuyaku Takeyama HoldingsInc is a small cap stock, so it might not be well known by many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. Let's take a closer look to see what the different types of shareholders can tell us about Hokuyaku Takeyama HoldingsInc.

View our latest analysis for Hokuyaku Takeyama HoldingsInc

ownership-breakdown
SPSE:3055 Ownership Breakdown March 8th 2021

What Does The Institutional Ownership Tell Us About Hokuyaku Takeyama HoldingsInc?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

As you can see, institutional investors have a fair amount of stake in Hokuyaku Takeyama HoldingsInc. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 Hokuyaku Takeyama HoldingsInc, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
SPSE:3055 Earnings and Revenue Growth March 8th 2021

Hokuyaku Takeyama HoldingsInc is not owned by hedge funds. The company's largest shareholder is Itsuwa Planning Y.K., with ownership of 12%. Meanwhile, the second and third largest shareholders, hold 6.1% and 5.6%, of the shares outstanding, respectively. Furthermore, CEO Masaaki Manabe is the owner of 1.4% of the company's shares.

After doing some more digging, we found that the top 12 have the combined ownership of 51% in the company, suggesting that no single shareholder has significant control over the company.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.

Insider Ownership Of Hokuyaku Takeyama HoldingsInc

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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

I can report that insiders do own shares in Hokuyaku Takeyama Holdings,Inc.. In their own names, insiders own JP¥654m worth of stock in the JP¥17b company. It is good to see some investment by insiders, but I usually like to see higher insider holdings. It might be worth checking if those insiders have been buying.

General Public Ownership

With a 46% ownership, the general public have some degree of sway over Hokuyaku Takeyama HoldingsInc. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Private Equity Ownership

Private equity firms hold a 5.2% stake in Hokuyaku Takeyama HoldingsInc. This suggests they can be influential in key policy decisions. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public.

Private Company Ownership

Our data indicates that Private Companies hold 23%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Public Company Ownership

It appears to us that public companies own 11% of Hokuyaku Takeyama HoldingsInc. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

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. Case in point: We've spotted 1 warning sign for Hokuyaku Takeyama HoldingsInc you should be aware of.

If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data.

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.

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