Hidetoshi Kashima Cuts Stake in Libero (9245) to 35.72% | Large Shareholding Report

A large shareholding report (EDINET filing) reveals that Hidetoshi Kashima reduced his stake in Libero (9245) to 35.72%. Libero operates in the service industry sector, and Kashima's holding represents the bulk of the company's shares as a principal shareholder. His ownership was 38.25% in the initial filing dated December 25, 2025, meaning he sold shares equivalent to approximately 2.53 percentage points, with an estimated sale value of ¥260 million.

Gradual Reduction of 2.53 Points Over Eight Months

Kashima's first large shareholding report on Libero was filed on December 25, 2025, when he held 38.25%. By the change report on August 28, 2026, this had declined to 35.72%. The reduction of 2.53 percentage points over less than eight months reflects a pattern of staged selling activity. This current filing marks his second disclosure submission for this company.

Kashima's Standing Among Major Shareholders

Among investors filing large shareholding reports for Libero, Kashima ranks first with 35.72%. Naokichi Yokogawa holds the second-largest stake at 23.8%, followed by Tokyo United Inc. at 3.63%. Kashima's ownership exceeds Yokogawa's by more than 12 percentage points, positioning him as a dominant shareholder with significant influence over the company's management.

Stock Price and Valuation Metrics at Filing Date

On August 28, 2026, Libero's share price stood at ¥1,960. At this price level, the company's PER (price-to-earnings ratio) was 19.4x and PBR (price-to-book ratio) was 3.93x. The stock's position within its 52-week range was at the 24th percentile, indicating it has risen significantly from its low but remains distant from its high.

*Speculation: The staged reduction of his stake over approximately eight months since the initial filing may reflect deliberate position adjustments and risk management considerations on Kashima's part.