Activist / Engagement InvestorJapan

Capital Gallery, Inc.

株式会社キャピタルギャラリー

A Japan-based investor known for involvement in M&A situations as a major shareholder.

Companies tracked
4
Filings
28
First seen on our site
2022-02-08
Latest filing
2026-10-09

"Companies tracked" and "first seen" reflect activity within our coverage period (from 2021-09-09 onward, the past five years) and do not represent this investor's total number of historical holdings in the Japanese market.

AI Commentary

Generated from filings as of October 12, 2026

This commentary is AI-generated from filing data and news articles (web search). It may contain hallucinations or factual errors, so please verify the content against primary sources yourself. It is not intended as investment advice.

1. Investment stance / engagement tendencies

The verbatim purpose statements filed by Capital Gallery, Inc. are dominated by the phrase "純投資" (pure investment) — appearing for SAAF Holdings, Yotai (adding detail that both Capital Gallery and Capital Management, acting as executive partner of the Challenge No.2 and No.3 investment partnerships, hold for pure investment purposes), and Alpha Group. This repeated, near-identical wording across three of four covered tickers indicates a standardized disclosure stance oriented toward passive/financial investment rather than stated engagement activity such as board nominations or capital policy demands. The fourth filing, for TIMCO, cites a mechanical trigger ("単体株式保有割合が1%以上変動(減少)したため" — because the individual shareholding ratio changed/decreased by 1% or more), which is an administrative disclosure reason rather than a statement of investment intent. None of the sample texts reference proposals, board seats, or capital policy requests. Based strictly on this text, the filer's disclosed stance across its coverage is consistently passive in framing, with no variation toward more assertive language in any of the four holdings.

2. Sector tendencies

Coverage is limited to four tickers, each in a different sector: 建設業 (construction), 卸売業 (wholesale), ガラス・土石製品 (glass & ceramics), and one classified as 業種不明 (sector unknown). With one company per sector and no repeats, this filer's observed portfolio shows no sector concentration — it appears diversified across unrelated industries, though the sample size (n=4) is too small to draw strong conclusions about systematic sector preference.

3. Target stake range

Peak ownership ratios across the four tickers range widely, from 3.38% to 22.82%, with a median of 8.07%. Note that Japan's large shareholding disclosure regime requires filing only once a holder's stake exceeds 5%, so the lower end of this range (3.38%) likely reflects either a joint-filer's individual share within a group holding or a position captured at a particular snapshot rather than the full threshold-crossing level. The spread suggests this filer does not adhere to one fixed stake target, with at least one position (Yotai, per the joint Challenge partnership structure) reaching materially above 20%.

4. Holding period tendencies

One position remains above 5% with an elapsed holding period of 4 days as of the most recent data (lower bound only — true duration is undetermined and may continue). Three positions have fallen to 5% or below, with a median of 509 days elapsed since that threshold was crossed. Under Japan's disclosure regime, once a stake falls to 5% or below, the filer's reporting obligation ends, making the position fundamentally unobservable thereafter — by this platform or any outside party. This does not mean these three positions were fully exited; the filer may still hold a smaller stake. No definitive average holding period can be stated from this data.

5. Exit behavior

Of the four tracked positions, three have fallen to 5% or below (the de facto, observable exit signal under this disclosure regime) and none show confirmed full divestment to 0% via an amendment report. This is consistent with the general pattern under Japan's regime, where full-divestment confirmations are relatively rare compared to simple threshold drop-offs. With zero confirmed 0% exits, no data exists on peak ratio prior to full divestment for this filer, and the sample of three "fell to 5% or below" cases remains small. No conclusion can be drawn about ultimate disposition of these positions beyond the observable threshold crossing. This commentary reflects only the activity captured within this site's data collection period and does not represent Capital Gallery, Inc.'s complete historical investment record in the Japanese market. It does not constitute investment advice or a definitive interpretation of the filer's intent.

Export "Capital Gallery, Inc." as a print-ready PDF

Anyone can view and interact with this page for free. If you'd like a print-optimized PDF, please fill out the form below. The download starts immediately.

Large Shareholding & Change Report Filing History

Based on EDINET submission dates. Dates reflect when the filing was submitted, not when the underlying trade or shareholder proposal actually occurred.

When multiple filers are included in the same joint filing, we combine them into a single event (28 filings total on a per-filing basis, 28 on a per-event basis).

8.18%
Correction ReportDocument ID: S100Z7CEView original ↗
8.18%

純投資

Large Shareholding ReportDocument ID: S100Z71JObligation date: 2026-10-07View original ↗
2026-06-03TIEMCO LTD.7501
—
Correction ReportDocument ID: S100Y87QView original ↗
2026-06-02TIEMCO LTD.7501
2.25%

単体株式保有割合が1%以上変動(減少)したため

Correction ReportDocument ID: S100Y864Obligation date: 2026-05-22View original ↗
2026-05-29TIEMCO LTD.7501
10.43%→1.12%

純投資

Change ReportDocument ID: S100Y7A1Obligation date: 2026-05-25View original ↗
2026-04-30TIEMCO LTD.7501
10.43%→10.43%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Change ReportDocument ID: S100Y1IBObligation date: 2026-04-28View original ↗
2026-04-30TIEMCO LTD.7501
21.64%→22.82%
Correction ReportDocument ID: S100Y1OMView original ↗
2026-04-09TIEMCO LTD.7501
10.43%→10.43%

経営関与。保有する株式について、株式会社キャピタルギャラリー、青山浩、大谷寛、株式会社人生設計と堅果シナジー投資事業有限責任組合との間で締結した令和8年4月6日付け応募契約に基づき、公開買付に応募したことによる担保契約等重要な契約の変更。

Change ReportDocument ID: S100XXNOObligation date: 2026-04-06View original ↗
2026-04-09TIEMCO LTD.7501
10.43%→10.43%

株式会社ティムコの公開買付(堅果シナジー投資事業有限責任組合による公開買付)への応募

Correction ReportDocument ID: S100XXXNView original ↗
2025-10-09TIEMCO LTD.7501
—
Correction ReportDocument ID: S100WU37View original ↗
2025-10-09TIEMCO LTD.7501
—

2025年10月6日提出の大量保有変更報告書№11について、2025年10月9日に訂正報告書を提出したが、当該報告書に委任状の添付漏れがあったため再訂正するもの。

Correction ReportDocument ID: S100WUD2View original ↗
2025-10-08TIEMCO LTD.7501
10.43%→10.43%

経営関与

Change ReportDocument ID: S100WTPWObligation date: 2025-10-06View original ↗
2025-09-26TIEMCO LTD.7501
10.43%→10.43%
Correction ReportDocument ID: S100WRGTView original ↗
2025-09-25TIEMCO LTD.7501
10.43%→10.43%

純投資

Change ReportDocument ID: S100WPPDObligation date: 2025-09-17View original ↗
2025-07-25TIEMCO LTD.7501
20.54%→20.57%
Correction ReportDocument ID: S100WEPKView original ↗
2025-07-24TIEMCO LTD.7501
—
Correction ReportDocument ID: S100WEG5View original ↗
2025-07-18TIEMCO LTD.7501
10.43%→10.43%

純投資

Large Shareholding ReportDocument ID: S100WCIHObligation date: 2025-07-11View original ↗
7.36%→0.57%

純投資(キャピタルギャラリーは純投資、キャピタル・マネジメントはチャレンジ2号投資事業組合およびチャレンジ3号投資事業組合の業務執行組合員として純投資で保有)

Change ReportDocument ID: S100VRZ9Obligation date: 2025-05-14View original ↗
2025-04-23TIEMCO LTD.7501
10.43%→10.43%
Correction ReportDocument ID: S100VNLMObligation date: 2025-04-15View original ↗
2025-04-18TIEMCO LTD.7501
10.43%→10.43%

純投資

Change ReportDocument ID: S100VM4FObligation date: 2025-04-11View original ↗
2025-04-08TIEMCO LTD.7501
10.43%→10.43%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Change ReportDocument ID: S100VKDXObligation date: 2025-04-03View original ↗
2024-12-26Alpha Group Inc.3322
7.71%→3.38%

純投資

Change ReportDocument ID: S100UZK2Obligation date: 2024-12-19View original ↗
7.97%→7.36%

純投資

Correction ReportDocument ID: S100U4WEObligation date: 2024-07-16View original ↗
7.97%→7.36%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Correction ReportDocument ID: S100U3IBObligation date: 2024-07-16View original ↗
7.97%→7.36%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Large Shareholding ReportDocument ID: S100U2DBObligation date: 2024-07-16View original ↗
5.16%→7.97%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Change ReportDocument ID: S100TFRPObligation date: 2024-05-13View original ↗
5.16%→7.97%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Correction ReportDocument ID: S100TGJ0Obligation date: 2024-05-13View original ↗
4.53%→5.16%
Purpose of holding (nearly identical to previous filing) — click to show

純投資

Change ReportDocument ID: S100NBUIObligation date: 2022-02-01View original ↗

Holdings as of Latest Report

Under Japan's large shareholding reporting system, a filing obligation is triggered once a stake exceeds 5%, and a change report must be filed for every 1-point-or-more move after that. Once a holding drops to 5% or below, its status can no longer be tracked via EDINET at all, so the figures below reflect "as of the most recently filed report" — not the current holding.

CompanyStake per latest reportFiling date
SAAF Holdings Co.,Ltd.1447Other activists in this company →8.18%2026-10-09

Holdings at or below 5% as of latest report (reference)

Because these are at or below 5%, subsequent holding status cannot be tracked.

Related activist investors

Other tracked activist investors that hold a stake in at least one of the same companies.

This page mechanically aggregates and organizes disclosure data from publicly filed large shareholding and change reports into a timeline. The "purpose of holding" field reproduces the original text as filed. It does not guarantee any particular investment judgment or interpretation of the filer's intent. Data is updated daily.

Source: public filings (large shareholding and change reports). "View original" links to the PDF of the original filing stored by beluuga.ai.