Candidates ／ 6444
SANDEN CORPORATION6444・Machinery
A company owns 73% (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 4.3x the average — #14 of 3,751. The closest type of deal is buyout by the parent.
Why it looks like past targets
- A company owns 73% (controlling)1 in 4 such companies were bought (2.9x the average)
- Net cash -196% of market value
Score by type of buyer
| Type | vs average for the type | |
|---|---|---|
| Buyout by the parent | 13.6x | |
| Management buyout | 0.6x | |
| Private equity | 1.9x | |
| Strategic buyer | 4.0x |
Ownership
Top 10 shareholders
| Holder | Type | Stake | |
|---|---|---|---|
| 海信日本オートモーティブエアコンシステムズ合同会社 | Company | 73.2% | |
| BBH(LUX) FOR FIDELITY FUNDS - PACIFIC POOL | Custodian/nominee | 2.3% | |
| 方 永義 | Individual | 1.8% | |
| サンデン取引先持株会 | Employee/partner plan | 1.6% | |
| 李 秀礼 | Individual | 1.2% | |
| CACEIS BANK, LUXEMBOURG BRANCH / UCITS CLIENTS ASSETS | Custodian/nominee | 0.8% | |
| INTERACTIVE BROKERS LLC | Custodian/nominee | 0.8% | |
| CLEARSTREAM BANKING S.A. | Custodian/nominee | 0.5% | |
| サンデン従業員持株会 | Employee/partner plan | 0.3% | |
| 楽天証券株式会社共有口 | Custodian/nominee | 0.3% |
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
- 73.2%
- Founder family (individuals and their companies)
- 3.0%
- Officers
- 0.5%
- Net cash ÷ market value
- -196%
- ROE
- 1.1%
- Equity ratio
- 14%
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