Hiroki Machiba Cuts Stake in Hirano Texseed (6245) to 0% | Large Shareholding Report

A large shareholding report (EDINET filing) shows that Hiroki Machiba has reduced his stake in Hirano Texseed (6245) to 0%. The company manufactures and sells industrial machinery including coating and laminating equipment. Machiba's complete exit means the shareholding once held by him as a major investor has been entirely divested.

Stepwise Divestment by Hiroki Machiba

Machiba's shareholding ratio decreased by 8.59 percentage points from the previous disclosure, reaching 0%. This reflects a multi-step reduction process that culminated in complete position liquidation. As of the July 29, 2026 disclosure date, the stock price stood at ¥1,565, with the estimated proceeds from the sale reaching ¥2.04 billion. The transfer occurred through an off-market transaction directly to Hiroshi Shinkawa, chairman of Hirano-kai.

Machiba's Repositioning Within Shareholder Structure

Among investors filing large shareholding reports for Hirano Texseed, Hiroshi Shinkawa maintains a 9.08% stake and Hikari Tsushin holds 5.12%. With Machiba now at 0%, Shinkawa has consolidated a dominant position. The off-market transfer to Shinkawa indicates a shift toward more concentrated management control over the company.

Valuation Metrics at the Time of Divestment

At disclosure, Hirano Texseed's PER stood at 26.3x and PBR at 0.62x. The stock's position within its 52-week range was at 13%, indicating a relatively depressed level over the past year. A PBR well below 1.0 paired with a PER exceeding 20x reflects the market's assessment of the company's future earnings trajectory.

*Speculation: Machiba's complete exit through direct transfer to the board chairman of Hirano-kai may signal a consolidation of management control or a reassessment of business strategy requiring unified shareholder alignment.