Okinawa Cellular Telephone Company's (TSE:9436) biggest owners are public companies who got richer after stock soared 3.9% last week

Key Insights

• The considerable ownership by public companies in Okinawa Cellular Telephone indicates that they collectively have a greater say in management and business strategy
• KDDI Corporation owns 53% of the company
• 10% of Okinawa Cellular Telephone is held by Institutions

We check all companies for important risks. See what we found for Okinawa Cellular Telephone in our free report.

A look at the shareholders of Okinawa Cellular Telephone Company (TSE:9436) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are public companies with 55% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

As a result, public companies collectively scored the highest last week as the company hit JP¥196b market cap following a 3.9% gain in the stock.

Let's delve deeper into each type of owner of Okinawa Cellular Telephone, beginning with the chart below.

Check out our latest analysis for Okinawa Cellular Telephone

What Does The Institutional Ownership Tell Us About Okinawa Cellular Telephone?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Okinawa Cellular Telephone 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. 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 Okinawa Cellular Telephone's earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Okinawa Cellular Telephone. Our data shows that KDDI Corporation is the largest shareholder with 53% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. The second and third largest shareholders are The Okinawa Electric Power Company, Incorporated and Ryukyu Broadcasting Corp, with an equal amount of shares to their name at 2.0%.

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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Okinawa Cellular Telephone

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.

Our data suggests that insiders own under 1% of Okinawa Cellular Telephone Company in their own names. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Keep in mind that it's a big company, and the insiders own JP¥105m worth of shares. The absolute value might be more important than the proportional share. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

General Public Ownership

The general public-- including retail investors -- own 32% stake in the company, and hence can't easily be ignored. 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

We can see that public companies hold 55% of the Okinawa Cellular Telephone 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.

I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

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.

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.