Candidates ／ 9423
Forval RealStraight Inc.9423・IT & telecoms
FORVAL CORPORATION owns 51% (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 3.1x the average — #97 of 3,751. The closest type of deal is strategic buyer.
Why it looks like past targets
- FORVAL CORPORATION owns 51% (controlling)1 in 4 such companies were bought (2.9x the average)
- Market value ¥2.5bn
Score by type of buyer
| Type | vs average for the type | |
|---|---|---|
| Buyout by the parent | 3.4x | |
| Management buyout | 0.4x | |
| Private equity | 2.8x | |
| Strategic buyer | 5.3x |
Ownership
Top 10 shareholders
| Holder | Type | Stake | |
|---|---|---|---|
| 株式会社フォーバル | Company | 51.2% | |
| FRS従業員持株会 | Employee/partner plan | 1.7% | |
| 石原勝 | Individual | 1.1% | |
| 飯島功市郎 | Individual | 1.0% | |
| 吉田浩司 | Individual | 1.0% | |
| 澤井豊 | Individual | 0.8% | |
| 幅昭義 | Individual | 0.4% | |
| 溝渕健一 | Individual | 0.4% | |
| 里村歩 | Individual | 0.4% | |
| INTERACTIVE BROKERS LLC | Custodian/nominee | 0.4% |
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%)
- Yes
- Largest corporate holder
- 51.2%
- Founder family (individuals and their companies)
- 5.3%
- Officers
- 1.8%
- Net cash ÷ market value
- 38%
- ROE
- 24.4%
- Equity ratio
- 40%
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