Candidates / 9160

NOVARESE,Inc.9160・Services

A company owns 60% (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 3.5x the average — #54 of 3,751. The closest type of deal is buyout by the parent.

Score3.5xvs average; #54 of 3,751
Past, similar score1 in 4were bought (24%)
Closest typeParent
Price-to-book2.89xmarket value ¥12.8bn

Why it looks like past targets

Score by type of buyer

Typevs average for the type
Buyout by the parent8.1x
Management buyout0.6x
Private equity2.4x
Strategic buyer3.4x

Ownership

Top 10 shareholders

HolderTypeStake
株式会社ティーケーピーCompany59.6%
株式会社IBJCompany3.0%
アサヒビール株式会社Company1.3%
株式会社日本カストディ銀行(信託口)Custodian/nominee0.7%
株式会社電器堂Company0.7%
株式会社西原商会Company0.7%
西浦 益美Individual0.6%
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)Custodian/nominee0.6%
ノバレーゼ社員持株会Employee/partner plan0.6%
日本マスタートラスト信託銀行株式会社(信託口)Custodian/nominee0.5%

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
59.6%
Founder family (individuals and their companies)
0.6%
Officers
0.3%
Net cash ÷ market value
-72%
ROE
63.2%
Equity ratio
13%

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