Following recent decline, KeePer Technical Laboratory Co., Ltd.'s (TSE:6036) top shareholder CEO Yoshimichi Tani sees holdings value drop by 9.6%

Key Insights

• KeePer Technical Laboratory's significant insider ownership suggests inherent interests in company's expansion
• 52% of the business is held by the top 4 shareholders
• 18% of KeePer Technical Laboratory is held by Institutions

A look at the shareholders of KeePer Technical Laboratory Co., Ltd. (TSE:6036) can tell us which group is most powerful. The group holding the most number of shares in the company, around 54% to be precise, is individual insiders. Put another way, the group faces the maximum upside potential (or downside risk).

And following last week's 9.6% decline in share price, insiders suffered the most losses.

Let's take a closer look to see what the different types of shareholders can tell us about KeePer Technical Laboratory.

See our latest analysis for KeePer Technical Laboratory

What Does The Institutional Ownership Tell Us About KeePer Technical Laboratory?

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.

As you can see, institutional investors have a fair amount of stake in KeePer Technical Laboratory. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at KeePer Technical Laboratory's earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in KeePer Technical Laboratory. Looking at our data, we can see that the largest shareholder is the CEO Yoshimichi Tani with 24% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 17% and 6.0%, of the shares outstanding, respectively.

Our research also brought to light the fact that roughly 52% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of KeePer Technical Laboratory

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.

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.

Our information suggests that insiders own more than half of KeePer Technical Laboratory Co., Ltd.. This gives them effective control of the company. Given it has a market cap of JP¥102b, that means they have JP¥55b worth of shares. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.

General Public Ownership

With a 23% ownership, the general public, mostly comprising of individual investors, have some degree of sway over KeePer Technical Laboratory. 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.

Public Company Ownership

We can see that public companies hold 4.7% of the KeePer Technical Laboratory shares on issue. 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. Case in point: We've spotted 1 warning sign for KeePer Technical Laboratory you should be aware of.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

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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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.

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