Japan edition · Japanese equities
Mitsubishi UFJ cuts $284.7mn stake in shipping group Nippon Yusen
Disclosures on 2 November also reveal Silchester International Investors reduced its holding in Yamaha Motor by $131.8mn.
Mitsubishi UFJ Financial Group has cut a $284.7mn stake in shipping group Nippon Yusen, leading 37 filings disclosed since 1 November. The reduction took place on 26 October and was filed on 2 November. Nippon Yusen shares have risen 1.4 per cent since the change.
Silchester International Investors disclosed the next largest trade, cutting a $131.8mn stake in Yamaha Motor on 2 November following a change on 30 October. The vehicle and transport equipment maker reported revenue of ¥2.8tn for the 12 months to 30 June 2026, down 1.6 per cent. Silchester has stated it may make important proposals to management.
The 37 reports showed reductions worth $550.6mn against stake increases of $280.8mn. Over the past 30 days, reductions accounted for 67 per cent of disclosed value across 836 filings. Mizuho Bank disclosed a $1.6bn reduction in trading house ITOCHU Corporation on 7 October, following a change on 30 September.
Companies in this column: ITOCHU Corporation, Nippon Yusen, Yamaha Motor.