株式会社ヴァレックス・パートナーズ
A Japan-based investor known for concrete engagement proposals, including business transfers, majority-stake acquisition proposals, and capital policy changes.
"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.
The filer's purpose statements are not uniform across its eight holdings, and this variation is informative. For オロ, the stated purpose is limited to "純投資（投資一任契約その他契約に係る顧客の資産運用）" — pure investment via discretionary asset management for clients — with no reference to proposal activity. For the remaining seven tickers (シュッピン, プレステージ・インターナショナル, ＡＩＲＭＡＮ, 帝国電機製作所, オークネット, マーキュリアホールディングス, ベルテクスコーポレーション), the standardized language adds "及び状況に応じて重要提案行為等を行うこと" (and, depending on circumstances, to engage in important proposal actions), indicating a consistent engagement-oriented template applied across most of the portfolio. Several filings go further with concrete, already-executed or scheduled actions: シュッピン and ＡＩＲＭＡＮ disclose proposals/actions related to transfer of business or acquisition of majority voting rights, and both state intent to propose changes to dividend policy and capital policy within 12 months. 帝国電機製作所's filing references specific provisions of the disclosure ordinance and financial instruments law, indicating proposals made or planned to the issuer on disclosure-related matters. Press coverage corroborates this engagement posture, reporting that the filer's representative sought a board seat and proposed a strategy committee bylaw at a separate issuer (NCホールディングス, not among the eight tickers here), and that amendment reports have been filed on オロ, シュッピン, and オークネット, consistent with active position management.
Coverage spans six sectors across eight tickers: 情報・通信業 and 機械 each with 2 companies, and single-company exposure in 小売業, サービス業, 証券、商品先物取引業, and ガラス・土石製品. This suggests a moderately diversified rather than sector-concentrated approach, with a slight tilt toward IT/communications and machinery.
Peak ownership ratios range from 4.14% to 18.42%, with a median of 11.20% (n=8). This suggests the filer typically builds positions well above Japan's 5% disclosure threshold, though the lower end (4.14%) implies at least one holding remained below the trigger for full visibility or was captured near the threshold. Note that disclosure is only mandated once ownership exceeds 5%, so smaller pre-threshold accumulation is not observable.
For the six positions still above 5%, elapsed days show a median of 359.5 days — this is a lower bound only, as these positions remain open and could continue well beyond the observation date. One position has fallen to 5% or below, with only 34 days elapsed since that threshold breach; per Japan's disclosure regime, once a position falls to 5% or below the filer's disclosure obligation terminates, rendering the position fundamentally unobservable thereafter by this platform or any external party. Importantly, "fell to 5% or below" does not equate to full divestment — the filer may retain a smaller residual stake. No definitive average holding period can be stated given these structural limitations.
Of the eight positions, one fell to 5% or below (untrackable) and one shows confirmed full divestment to 0% via amendment report, with that latter position taking a median 196 days from initial disclosure to 0%, exiting from a peak ratio of 10.05%. Given the disclosure regime's structure, the 5%-or-below threshold functions as the de facto exit signal in most cases, while explicit confirmation of full divestment to 0% is comparatively rare — here observed in only one instance. Sample sizes for both categories are too small to characterize a definitive exit pattern. This commentary reflects only activity captured within this site's data collection period and does not represent the filer's complete historical investment record in the Japanese market. It does not constitute investment advice or a definitive assessment 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 (23 filings total on a per-filing basis, 23 on a per-event basis).
純投資（投資一任契約その他契約に係る顧客の資産運用）
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと。事業の全部又は一部の譲渡等及び発行者以外の者が議決権過半数を取得することとなる取得に関する提案を実施中。また今後12カ月内に配当方針の重要な変更及び資本政策に関する重要な変更について提案予定。
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと。企業価値の向上を目的として、発行者の議決権が過半数を超える取得に関する提案を実施済み、また配当方針の重要な変更及び資本政策の重要な変更について今後12カ月以内に提案予定。
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと。なお、金融商品取引法施行令第14条の8の2第1項第7号および株券等の大量保有の状況の開示に関する内閣府令第16条第4号に関する事項について発行者に対して提案を行っている。また、金融商品取引法施行令第14条の8の2第1項第8号、および株券等の大量保有の状況の開示に関する内閣府令第16条第1号に関する事項について発行者に対して提案を行う予定である。
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと。金融商品取引法施行令第14条の8の2第1項第7号および内閣府令第16条第4号に関する事項について発行者に対して提案を行っている。また、同令第14条の8の2第1項第8号、内閣府令第16条第1号に関する事項について発行者に対して提案を行う予定である。
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと。株券等の大量保有の状況の開示に関する内閣府令第16条第4号に関する事項について、発行者に対して提案を行っている。また、金融商品取引法施行令第14条の8の2第1項第8号に関する事項並びに同府令第16条第1号に関する事項について、発行者に対して提案を行う予定。
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと
純投資(投資一任契約その他契約に係る顧客の資産運用)及び状況に応じて重要提案行為等を行うこと
純投資（投資一任契約その他契約に係る顧客の資産運用）及び状況に応じて重要提案行為等を行うこと
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 |
|---|---|---|
| TEIKOKU ELECTRIC MFG. CO.,LTD.6333Other activists in this company → | 18.42% | 2026-06-25 |
| Syuppin Co.,Ltd.3179Other activists in this company → | 14.63% | 2026-08-25 |
| AIRMAN CORPORATION6364Other activists in this company → | 12.97% | 2026-08-03 |
| Vertex Corporation5290Other activists in this company → | 12.22% | 2025-09-29 |
| AUCNET INC.3964Other activists in this company → | 9.18% | 2026-03-24 |
| ORO Co.,Ltd.3983Other activists in this company → | 7.68% | 2026-09-04 |
Because these are at or below 5%, subsequent holding status cannot be tracked.
| Prestige International Inc.4290Other activists in this company → | 4.14% | 2026-08-03 |
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).