Candidates / 8011
SANYO SHOKAI LTD.8011・Textiles
Activist stake: AVI. 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 1.6x the average — #660 of 3,751. The closest type of deal is management buyout.
Why it looks like past targets
- Activist stake: AVI1 in 5 such companies were bought (2.0x the average)
Score by type of buyer
| Type | vs average for the type | |
|---|---|---|
| Buyout by the parent | 0.6x | |
| Management buyout | 2.6x | |
| Private equity | 2.2x | |
| Strategic buyer | 1.0x |
Ownership
Top 10 shareholders
| Holder | Type | Stake | |
|---|---|---|---|
| 八木通商株式会社 | Company | 11.1% | |
| AVI JAPAN OPPORTUNITY TRUST PLC | Company | 10.0% | |
| 日本マスタートラスト信託銀行株式会社(信託口) | Custodian/nominee | 8.6% | |
| BNP PARIBAS SINGAPORE/2S/JASDEC/TD SECURITIES(USA)LLC/BOOK-ENTRY JGBS+CORPORATE BONDS/TAXABLE | Custodian/nominee | 7.6% | |
| 株式会社日本カストディ銀行(三井住友信託銀行再信託分・三井物産株式会社退職給付信託口) | Custodian/nominee | 7.4% | |
| 三井物産株式会社 | Company | 3.4% | |
| BBH BOSTON FOR NOMURA JAPAN SMALLER CAPITALIZATION FUND 620065 | Custodian/nominee | 2.2% | |
| 株式会社日本カストディ銀行(信託口) | Custodian/nominee | 1.9% | |
| 明治安田生命保険相互会社 | Financial institution | 1.8% | |
| INTERACTIVE BROKERS LLC | Custodian/nominee | 1.6% |
From the annual report for the year to 2026-02-28. 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
- 11.1%
- Founder family (individuals and their companies)
- 0.0%
- Officers
- 0.5%
- Net cash ÷ market value
- 56%
- ROE
- 10.3%
- Equity ratio
- 68%
Activist filings
- AVI 5 Dec 2025〜7 Sep 2026、9 filings Latest reports: 1 2 3 4 5est. cost ¥1,238 → now ¥1,355 (+9%), held 0.8 yrs, stake 7.7%
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