Mizuho Bank cuts stake in trading house ITOCHU Corporation by $1.6bn

Mizuho Bank filed a report on 7 October disclosing a $1.6bn cut to its stake in ITOCHU Corporation, following a change made on 30 September. Across EDINET filings over the past 30 days, 345 filers submitted 884 reports, comprising $14.6bn of increases and $16.9bn of reductions.

Retailers registered the largest balance of cuts across the market. Shareholders submitted 85 filings for the sector, disclosing $859.3mn of increases and $5.9bn of reductions, which produced $5.0bn of net reductions. Star seeds drew nine reports, comprising one increase and eight reductions.

Electronics makers recorded $3.0bn of net reductions across 68 reports, with filers disclosing $508.1mn of increases alongside $3.5bn of reductions. Toshiba Corporation filed a report on 8 October disclosing a $2.1bn cut to its holding in Kioxia Holdings following a change on 1 October.

Banks registered the largest balance of additions across the market, recording $4.6bn of net increases across 11 reports. Chemicals makers also saw net additions, recording $1.4bn of increases and $421.5mn of reductions across 59 reports.