Candidates / 6246

Techno Smart Corp.6246・Machinery

Activist stake: Effissimo. 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 1.8x the average — #482 of 3,751. The closest type of deal is private equity.

Score1.8xvs average; #482 of 3,751
Past, similar score1 in 5were bought (19%)
Closest typePE fund
Price-to-book1.01xmarket value ¥21.0bn

Why it looks like past targets

Score by type of buyer

Typevs average for the type
Buyout by the parent0.4x
Management buyout2.2x
Private equity3.9x
Strategic buyer1.9x

Ownership

Top 10 shareholders

HolderTypeStake
テクノスマート取引先持株会Employee/partner plan14.3%
エスアイエル投資事業有限責任組合Company9.4%
光通信KK投資事業有限責任組合Company7.0%
ECM MFCompany4.7%
椿本興業株式会社Company3.9%
UH Partners 2投資事業有限責任組合Company3.6%
株式会社滋賀銀行Financial institution2.8%
テクノスマート従業員持株会Employee/partner plan2.7%
GOLDMAN SACHS INTERNATIONALCustodian/nominee2.5%
東京産業株式会社Company2.1%

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
9.4%
Founder family (individuals and their companies)
0.0%
Officers
0.2%
Net cash ÷ market value
49%
ROE
8.9%
Equity ratio
68%

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