リム・アドバイザーズ・リミテッド
Known for shareholder proposals and event-driven investing.
"Companies tracked" and "first seen" reflect activity within our coverage period (from 2025-02-09 onward) and do not represent this investor's total number of historical holdings in the Japanese market.
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.
LIM Advisors' sample purpose statements reveal a bifurcated approach across its six covered holdings. For four names — アドバンスト・メディア, 北川精機, 乾汽船, and 杉村倉庫 — the stated purpose is simply "純投資" (pure investment), suggesting a passive stance at those tickers. For エヌ・ピー・シー, the language shifts to "純投資及び重要提案行為等" with the qualifier that the filer "may engage in important proposal actions... based on constructive dialogue to preserve and enhance corporate and shareholder value" — a more assertive but still conditional framing. The most detailed and active statement is for シンクロ・フード, which explicitly documents concrete shareholder proposals (nomination of two director candidates, an increase in the board size cap from 7 to 9, establishment of a strategy review committee) and a demand for the resignation of two outside directors, with the possibility of requisitioning an extraordinary general meeting if that demand is not met (timing unspecified). Press coverage corroborates this pattern of periodic escalation, referencing past shareholder proposals at other issuers (e.g., 鳥越製粉, 八十二銀行, 空港施設) and litigation activity, and confirms that at シンクロ・フード the proposed outside director nominees were approved at the 2026 shareholders meeting. Overall, the filer applies a largely standardized "pure investment" template but layers in explicit, escalating engagement language at select holdings where it becomes more active.
Across six tickers, the filer's exposure spans four sectors: 情報・通信業 (2), 機械 (2), 海運業 (1), and 倉庫・運輸関連業 (1). This is a moderately diversified but small portfolio, with a mild concentration in information/communications and machinery, rather than a single-sector thesis.
Peak ownership ratios across the six tickers show a median of 6.03%, with a wide range from 5.44% to 18.24%. This indicates that while most positions sit just above the 5% disclosure threshold, at least one holding (consistent with press-reported increases at シンクロ・フード, which rose from initial disclosure through 8.10%, 9.99%, 12.12%, and up to 13.48%) was built to a materially larger stake. Given Japan's large shareholding disclosure regime only requires reporting once ownership exceeds 5%, the true entry point for any position could be below this threshold and is not fully observable from filings alone.
Five of the six tracked positions remain above 5%, with a median elapsed holding period of 184 days — this is a lower bound only, as the true holding period is undetermined and these positions may continue. There are no positions in this dataset that have fallen to 5% or below. It is important to note that under Japan's disclosure regime, once a position falls to 5% or below, the filer's disclosure obligation terminates and the position becomes fundamentally unobservable — by this platform or any outside party — and such an event would not itself indicate full divestment, since a smaller residual stake could still be held.
The dataset shows zero positions that fell to 5% or below and zero confirmed full divestments (0%) via amendment report among this filer's six covered tickers. This is a very limited sample from which to characterize exit behavior. As a general structural point, Japan's large shareholding disclosure regime makes "falling to 5% or below" the de facto, commonly observed exit signal, while explicit confirmation of full divestment to 0% via amendment report is comparatively rare in disclosure data generally; in this filer's case, neither event is observed within the covered tickers. This commentary reflects only the activity captured within this platform's data collection period and does not represent LIM Advisors' complete historical investment record in the Japanese market. It does not constitute a definitive assessment or investment advice, nor does it guarantee any particular interpretation of the filer's intent.
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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 (16 filings total on a per-filing basis, 16 on a per-event basis).
純投資
純投資及び重要提案行為等。提出者は2026年4月22日に発行者の第23回定時株主総会につき、(1)取締役2名選任(細川健氏、武藤竜弘氏)、(2)定款一部変更(取締役員数上限を7名以内から9名以内に増加)、(3)定款一部変更(戦略検討委員会の設置)を議題とする株主提案を行った。また2026年5月25日に、社外取締役である松崎良太氏及び永井美保子氏の取締役退任を発行者に求めた。両氏が退任しない場合、両氏の取締役解任を目的事項とする臨時株主総会の招集請求を行う可能性がある(具体的時期は未定)。重要提案行為等として、建設的な対話を基軸に企業価値及び株主価値の保全・向上のために重要提案行為等を行う可能性がある。
純投資及び重要提案行為等。提出者は2026年4月22日に発行者の第23回定時株主総会につき、(1)取締役2名選任の件、(2)定款一部変更(取締役の員数の上限の増加)の件、(3)定款一部変更(戦略検討委員会の設置)の件を議題とする株主提案を行った。建設的な対話を基軸として、企業価値及び株主価値の保全・向上のために重要提案行為等を行う可能性がある。
純投資
純投資
純投資
純投資
純投資
純投資
純投資
純投資
純投資
純投資
純投資及び重要提案行為等(建設的な対話を基軸として、企業価値及び株主価値の保全・向上のために重要提案行為等を行う可能性がある)
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.
| Company | Stake per latest report | Filing date |
|---|---|---|
| Synchro Food Co.,Ltd.3963Other activists in this company → | 13.12% | 2026-05-27 |
| Advanced Media,Inc.3773Other activists in this company → | 6.05% | 2026-06-05 |
| Sugimura Warehouse Co.,Ltd.9307Other activists in this company → | 6.00% | 2025-12-22 |
| NPC Incorporated6255Other activists in this company → | 6.00% | 2025-10-17 |
| Inui Global Logistics Co.,Ltd.9308Other activists in this company → | 5.44% | 2026-02-20 |
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 EDINET 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: EDINET (the Financial Services Agency's electronic disclosure system). "View original" links to the PDF of the original filing, which we retrieve and store via the EDINET API (EDINET's own browsing site does not support direct links to individual filings).
Click a card to expand it in the detailed chart below.
The horizontal axis reflects actual calendar dates (the real interval between filings); the vertical axis is ownership stake. Each marker is the value as of that filing — click it to view the underlying filing on EDINET (hover first to see the date and ratio).
The solid line marks changes confirmed by a filing. The lighter dashed line marks a stretch where the stake had fallen below 5% (so the continuing-disclosure obligation no longer applies) or where no new filing has been made since the latest report — the actual trajectory during that stretch is unknown (it does not necessarily mean the holding continued or stayed at a given level).