The Hill Ledger

Japan edition · Japanese equities

Five large shareholders add to holdings in akippa

Four investors also increased stakes in Sharingtechnology while disclosures revealed substantial selling at Fast Retailing.

Five large shareholders increased their holdings in akippa, according to regulatory filings disclosed in the last 30 days. DeNA, Sompo Holdings and Sumitomo Corporation were among those reporting larger stakes.

Sharingtechnology, a technology and telecoms group, also drew buyers. Four holders added to their positions, including Goldman Sachs International, Nomura Securities and Tokai Tokyo Securities.

Disclosures since 30 September showed broader selling across the market, dominated by disposals at Fast Retailing. TTY Management B.V. disclosed cuts of $1.5bn, $1.3bn and $844.1mn in the retailer, based on stake changes made on 15 April, 14 January and 2 February.

Other filings preceded share price gains. Oasis Management Company raised its stake in Kobayashi Pharmaceutical on 2 September, and the chemicals maker's shares gained 22 per cent to 30 September. Shares in Tokai Carbon rose 20 per cent over the same period after Nomura Securities raised its stake on 14 September.

Companies in this column: akippa, Sharingtechnology, Fast Retailing, Kobayashi Pharmaceutical, Tokai Carbon.