Candidates / 1822

DAIHO CORPORATION1822・Construction

A company owns 50% (controlling). Of the listed companies with this trait in 2021–22, 1 in 4 was bought in the following four years or so — against 1 in 11 for all listed companies.

Taking every trait together, its score is 4.7x the average — #9 of 3,751. The closest type of deal is strategic buyer.

Score4.7xvs average; #9 of 3,751
Past, similar score1 in 4were bought (24%)
Closest typeStrategic
Price-to-book0.97xmarket value ¥69.8bn

Why it looks like past targets

Score by type of buyer

Typevs average for the type
Buyout by the parent3.8x
Management buyout1.3x
Private equity6.7x
Strategic buyer4.3x

Ownership

Top 10 shareholders

HolderTypeStake
(株)麻生Company50.1%
(株)ATRACompany13.2%
住友不動産(株)Company3.4%
日本マスタートラスト信託銀行(株)(信託口)Custodian/nominee3.1%
(株)日本カストディ銀行(信託口)Custodian/nominee1.9%
第一生命保険(株)Financial institution1.8%
大豊建設自社株投資会Individual1.0%
あいおいニッセイ同和損害保険(株)Financial institution0.9%
大豊建設(株)安全協力会Company0.6%
BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC)Custodian/nominee0.6%

From the annual report for the year to 2026-03-31. Holder types are assigned by name and can be wrong (for example, a founder’s company can look like an operating company). Annual report (PDF, EDINET)

Key figures

Controlling shareholder (over 50%)
Yes
Largest corporate holder
50.1%
Founder family (individuals and their companies)
1.0%
Officers
0.1%
Net cash ÷ market value
38%
ROE
6.2%
Equity ratio
48%

Activist filings

Estimated cost = total acquisition funds ÷ shares held, from the latest report (or the previous one if the latest does not state the funds). Trades after the report's base date are not included. Stakes whose reports give no funding figure are left out. Share splits after the report are adjusted using the change in shares outstanding. Costs outside the stock's price range while held (0.8x the monthly low to 1.2x the high) are treated as reporting quirks (e.g. funds not updated after selling) and not shown. Stakes cut below 5% (mostly sold) are left out of the totals.

This site ranks listed companies by how closely their public filings (annual reports and large-shareholding reports) resemble past tender-offer and MBO targets. It is not a prediction that any company will be bought, is not based on any non-public information, and is not a recommendation to buy or sell. Not investment advice.

Updated 29 Sep 2026 00:48 JST