Nomura adds ¥24.0bn Mitsui Kinzoku stake as Sumitomo Mitsui Trust sells

Nomura Securities raised a stake in Mitsui Kinzoku by ¥24.0bn ($152.0mn), leading disclosures filed on 6 November after a change on 30 October. The non-ferrous metals group reported revenue growth of 6.5 per cent in its last financial year, and its shares have fallen 24 per cent since the date of the change.

Sumitomo Mitsui Trust Bank cut its holding in machinery maker Daifuku by ¥19.9bn ($126.2mn) following a change on 30 October, with the company's shares down 12 per cent since the trade. The bank also reduced its position in West Japan Railway Company by ¥16.3bn ($103.3mn).

Four holders added to retailer ANAP Holdings, including Yotsuya Digital Innovators, NetPrice Business Turnaround and Evo Fund. Nippon Active Value Fund disclosed it may make important proposals to management at machinery maker Ebara Jitsugyo.