TOKYO -- Big overseas investors are increasing their holdings in Japanese companies seen enjoying profit growth from a weaker yen and labor reforms, while value-driven shareholders are locking in profits.
Investors acquiring a stake of over 5% in a listed company must notify financial authorities, and any subsequent changes in interest by 1 percentage point or more must be reported as well. Fifteen overseas investors submitted 168 reports on their shareholdings between October and Thursday. About 60% of the reports, or 96 of them, involved investors who increased their shareholdings or newly became an owner of a stake surpassing 5%.
