Candidates ／ 9445
FORVAL TELECOM,INC.9445・IT & telecoms
FORVAL CORPORATION owns 70% (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 4.2x the average — #21 of 3,751. The closest type of deal is buyout by the parent.
Why it looks like past targets
- FORVAL CORPORATION owns 70% (controlling)1 in 4 such companies were bought (2.9x the average)
Score by type of buyer
| Type | vs average for the type | |
|---|---|---|
| Buyout by the parent | 10.1x | |
| Management buyout | 0.7x | |
| Private equity | 3.0x | |
| Strategic buyer | 4.0x |
Ownership
Top 10 shareholders
| Holder | Type | Stake | |
|---|---|---|---|
| 株式会社フォーバル | Company | 70.2% | |
| 光通信KK投資事業有限責任組合無限責任組合員光通信株式会社 | Company | 6.5% | |
| UH Partners 2投資事業有限責任組合無限責任組合員株式会社UH Partners 2 | Company | 1.1% | |
| 光通信株式会社 | Company | 1.0% | |
| 谷井 剛 | Individual | 0.9% | |
| 関根 芳喜 | Individual | 0.5% | |
| フォーバルテレコム社員持株会 | Employee/partner plan | 0.5% | |
| 株式会社原一平商会 | Company | 0.4% | |
| 廣瀬 公則 | Individual | 0.4% | |
| 青山 泰長 | Individual | 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
- 70.2%
- Founder family (individuals and their companies)
- 2.2%
- Officers
- 1.6%
- Net cash ÷ market value
- 12%
- ROE
- 27.1%
- Equity ratio
- 37%
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