The Hill Ledger

Japan edition · Japanese equities

Nomura Securities raises stake in Taiyo Yuden by $139.2mn

The transaction led 26 reports disclosed since 22 October as large shareholders cut holdings across electronics makers.

Nomura Securities raised its stake in Taiyo Yuden by $139.2mn in a filing disclosed on 23 October, after a change on 19 October. Shares in the electronics maker have fallen 13 per cent since the change date.

The transaction was the largest among 26 reports filed by 21 filers since 22 October, which showed $221.3mn of increases and $32.0mn of reductions. In the last 30 days, Nomura Securities has submitted 158 reports across 113 companies. Those filings comprised 88 increases and 70 reductions.

Across electronics makers over the last 30 days, 95 reports recorded $2.7bn of increases and $6.7bn of reductions. That left $4.1bn of net reductions in the sector. Retailers recorded $5.5bn of net reductions across 111 reports.

Banks registered $3.6bn of net increases across 19 reports, with additions of $4.7bn and $1.1bn of reductions. Hikari Tsushin submitted 59 reports covering 57 companies. Those filings recorded 51 increases and 8 reductions.

Companies in this column: Taiyo Yuden.