Candidates / 2329

TOHOKUSHINSHA FILM CORPORATION2329・IT & telecoms

Activist stake: 3D Investment Partners. Of the listed companies with this trait in 2021–22, 1 in 5 was bought in the following four years or so — against 1 in 11 for all listed companies.

Taking every trait together, its score is 2.9x the average — #130 of 3,751. The closest type of deal is management buyout.

Score2.9xvs average; #130 of 3,751
Past, similar score1 in 4were bought (24%)
Closest typeMBO
Price-to-book0.79xmarket value ¥58.8bn

Why it looks like past targets

Score by type of buyer

Typevs average for the type
Buyout by the parent0.8x
Management buyout4.4x
Private equity5.3x
Strategic buyer2.0x

Ownership

Top 10 shareholders

HolderTypeStake
植村 久子Individual21.2%
3D WH OPPORTUNITY MASTER OFC - 3D WH OPPORTUNITY HOLDINGSCompany18.7%
植村 綾Individual16.0%
株式会社NAMCCompany8.0%
株式会社from BCompany8.0%
きらぼしキャピタル東京Sparkle投資事業有限責任組合Company7.5%
東北新社従業員持株会Employee/partner plan2.8%
J.P. MORGAN SE - LUXEMBOURG BRANCH 381639Custodian/nominee2.1%
NORTHERN TRUST CO.(AVFC) RE IEDP AIF CLIENTS NON TREATY ACCOUNTCustodian/nominee1.9%
清原 達郎Individual1.6%

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%)
No
Largest corporate holder
18.7%
Founder family (individuals and their companies)
38.8%
Officers
0.3%
Net cash ÷ market value
110%
ROE
8.2%
Equity ratio
85%

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