Japan edition · Japanese equities
Five investors lift their holdings in akippa
Sumitomo Corporation was among the buyers as filings showed large investors added to several Japanese stocks over the past month.
Five large shareholders increased their stakes in akippa over the past month, EDINET filings disclosed in the last 30 days show. Sumitomo Corporation, DeNA and Sompo Holdings were among those raising their positions.
Another five holders added to positions in a Tokyo-listed company (code 628A). ASEAN China Investment Fund III and ken suzuki crossed the 5 per cent threshold to become new large holders, alongside Shijyo, which also increased its stake. Daniel J. Edelman crossed the 5 per cent mark to become a new large shareholder in services company PRAP Japan.
Earlier position changes preceded share moves in two listed companies. M3 raised its holding in retailer HYUGA PRIMARY CARE on 25 September, and shares in the retailer rose 57 per cent between that date and 1 October. Sumitomo Mitsui Trust Asset Management cut its stake in electronics maker Japan Electronic Materials on 15 September, after which the shares rose 27 per cent to 1 October.
Companies in this column: akippa, PRAP Japan, HYUGA PRIMARY CARE, Japan Electronic Materials.