Candidates ／ 5139
OpenWork Inc.5139・IT & telecoms
Link and Motivation Inc. owns 53% (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 3.3x the average — #69 of 3,751. The closest type of deal is buyout by the parent.
Why it looks like past targets
- Link and Motivation Inc. owns 53% (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 | 4.4x | |
| Management buyout | 0.7x | |
| Private equity | 2.6x | |
| Strategic buyer | 3.8x |
Ownership
Top 10 shareholders
| Holder | Type | Stake | |
|---|---|---|---|
| 株式会社リンクアンドモチベーション | Company | 52.7% | |
| 増井 慎二郎 | Individual | 17.9% | |
| 株式会社日本カストディ銀行(信託口) | Custodian/nominee | 4.6% | |
| 日本マスタートラスト信託銀行株式会社(信託口) | Custodian/nominee | 2.4% | |
| 小倉 基弘 | Individual | 1.9% | |
| 川島 浩治 | Individual | 1.7% | |
| INTERACTIVE BROKERS LLC | Custodian/nominee | 1.2% | |
| 小澤 博之 | Individual | 1.0% | |
| THE BANK OF NEW YORK MELLON 140040 | Custodian/nominee | 0.9% | |
| BBH LUX/BROWN BROTHERS HARRIMAN (LUXEMBOURG) SCA CUSTODIAN FOR SMD-AM FUNDS - DSBI JAPAN EQUITY SMALL CAP ABSOLUTE VALUE | Custodian/nominee | 0.8% |
From the annual report for the year to 2025-12-31. 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
- 52.7%
- Founder family (individuals and their companies)
- 22.5%
- Officers
- 0.4%
- Net cash ÷ market value
- 39%
- ROE
- 12.6%
- Equity ratio
- 82%
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