Candidates ／ 2003
NITTO FUJI FLOUR MILLING CO.,LTD.2003・Foods
Mitsubishi Corporation owns 65% (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 3.2x the average — #86 of 3,751. The closest type of deal is buyout by the parent.
Why it looks like past targets
- Mitsubishi Corporation owns 65% (controlling)1 in 4 such companies were bought (2.9x the average)
Score by type of buyer
| Type | vs average for the type | |
|---|---|---|
| Buyout by the parent | 8.7x | |
| Management buyout | 0.8x | |
| Private equity | 1.9x | |
| Strategic buyer | 2.0x |
Ownership
Top 10 shareholders
| Holder | Type | Stake | |
|---|---|---|---|
| 三菱商事株式会社 | Company | 64.7% | |
| 日本マスタートラスト信託銀行株式会社 | Custodian/nominee | 4.6% | |
| 株式会社日本カストディ銀行 | Custodian/nominee | 1.5% | |
| 山崎製パン株式会社 | Company | 1.4% | |
| 日東富士製粉持株会 | Employee/partner plan | 1.1% | |
| 日清食品ホールディングス株式会社 | Company | 0.9% | |
| 鈴与株式会社 | Company | 0.6% | |
| 株式会社中村屋 | Company | 0.5% | |
| DFA INTL SMALL CAP VALUE PORTFOLIO | Company | 0.4% | |
| 新潟県砂糖卸荷受商業協同組合 | Company | 0.3% |
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
- 64.7%
- Founder family (individuals and their companies)
- 0.0%
- Officers
- 0.0%
- Net cash ÷ market value
- 9%
- ROE
- 6.7%
- Equity ratio
- 78%
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