Foods · Fiscal year end Mar 31

TAKARA HOLDINGS INC.

2531

宝ホールディングス株式会社

FIGI BBG000BHP0V72531.T2531 JPCorp. no. 4130001014981

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-12

For the first half of the fiscal year to 2026-03: Revenue ¥186.6 billion (+5.7% YoY), Ordinary income ¥7.4 billion (-33.9% YoY), Net income ¥5.7 billion (-37.3% YoY).

	This period	Year on year
Revenue	¥186.6bn	+5.7%
Ordinary profit	¥7.4bn	-33.9%
Net profit to owners	¥5.7bn	-37.3%

From the securities report on EDINET, which states no forecast. History via /v1/companies/2531/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥394.3bn
Net income: ¥11.7bn
ROE: 4.6%
Equity ratio: 50.5%
Dividend / share: ¥31
Employees: 5,720

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥394.3bn	¥11.7bn	¥513.8bn	¥310.9bn	4.6%	¥60.52	¥17.3bn
2025-03-31	¥362.7bn	¥16.2bn	¥477.6bn	¥300.9bn	6.8%	¥82.98	¥16.2bn
2024-03-31	¥339.4bn	¥16.2bn	¥437.5bn	¥280.5bn	7.5%	¥82.09	¥29.2bn
2023-03-31	¥350.7bn	¥21.2bn	¥399.2bn	¥255.3bn	11.0%	¥107.26	¥45.5bn
2022-03-31	¥300.9bn	¥20.8bn	¥362.4bn	¥224.6bn	12.3%	¥105.05	¥16.4bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	4.6	22.5
Ordinary margin	0.0428	32.9
Equity ratio, %	50.5	42
Revenue growth	0.0872	65.5
Net income growth	-0.2781	19.7
Operating cash flow / assets	0.0337	30.4

Policy-uncertainty measure0.46 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 1 Politics & geopolitics 1

Ownership activity 1 filer(s) stated they may make proposals in 365 days; 1 new 5% holder(s) in 180 days; net stake change +1.00pt in 90 days; 16.7% held by other listed companies.

Results wording balance: +0.22. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥61.8bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥309m, 1.8% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/2531/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Share buyback, report to —: ¥3.0bn acquired of a ¥3.0bn limit. /v1/companies/2531/buybacks

Internal control, 2026-06-25: see filing 以上の評価手続を実施した結果、2026年3月31日現在の当社の財務報告に係る内部統制は有効であると判断いたします。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Takara Shuzo, Takara Bio Group, Takara Shuzo International Group, Other. /v1/companies/2531/segments

Latest voting result: 2026-06-26 · 剰余金処分の件 · passed. /v1/companies/2531/voting

Ownership changes

All companies →

2026-10-22

Purpose change+1.00pt

ValueAct Capital Management, L.P. changed its stated purpose for holding TAKARA HOLDINGS INC. (2531): may_make_proposals, pure_investment -> control, may_make_proposals.

S100Z2JFFiler profile Original filing (PDF, Japanese)
2026-10-22

Increase+1.00pt

ValueAct Capital Management, L.P. raised holdings in TAKARA HOLDINGS INC. (2531) to 20.01% from 19.01%.

S100Z2JFFiler profile Original filing (PDF, Japanese)
2026-10-22

Threshold

Holdings of ValueAct Capital Management, L.P. in TAKARA HOLDINGS INC. (2531) moved above 20% (19.01% -> 20.01%).

S100Z2JFFiler profile Original filing (PDF, Japanese)
2026-10-15

Stated it may make proposals

Oasis Management Company Ltd. states it may make proposals to the management of TAKARA HOLDINGS INC. (2531) (first filing).

S100Z7KGFiler profile Original filing (PDF, Japanese)
2026-10-15

New 5% stake

Oasis Management Company Ltd. disclosed a 5.09% stake in TAKARA HOLDINGS INC. (2531), crossing the 5% reporting threshold.

S100Z7KGFiler profile Original filing (PDF, Japanese)
2026-07-23

Increase+1.90pt

Mizuho Bank,Ltd. raised holdings in TAKARA HOLDINGS INC. (2531) to 8.68% from 6.78%.

S100YROJFiler profile Original filing (PDF, Japanese)
2026-05-12

Below 5%−1.20pt

The Norinchukin Bank cut holdings in TAKARA HOLDINGS INC. (2531) to 4.00% from 5.20%, below the 5% threshold.

S100Y1FPFiler profile Original filing (PDF, Japanese)
2026-05-12

Increase+4.21pt

ValueAct Capital Management, L.P. raised holdings in TAKARA HOLDINGS INC. (2531) to 19.01% from 14.80%.

S100Y2ZQFiler profile Original filing (PDF, Japanese)
2026-01-30

Increase+2.36pt

ValueAct Capital Management, L.P. raised holdings in TAKARA HOLDINGS INC. (2531) to 14.80% from 12.44%.

S100XI4KFiler profile Original filing (PDF, Japanese)
2026-01-30

Amendment+2.60pt

ValueAct Capital Management, L.P. filed a correction to a 5% report on TAKARA HOLDINGS INC. (2531).

S100XIC9Filer profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
Oasis Management Company Ltd.	2026-09-02 – 2026-10-07	+2,388,100	+1.20pt	—	—
ValueAct Capital Management, L.P.	2025-08-12 – 2026-08-26	+29,406,029	+14.89pt	¥1,417.55	¥1,225–2,140
ValueAct Strategic Global Partners IV, L.P.	2026-08-26 – 2026-08-26	+900,000	+0.46pt	¥2,140	¥2,140–2,140
ValueAct Japan Master Fund, L.P.	2025-08-13 – 2026-04-30	+15,600,680	+7.90pt	¥1,325.95	¥1,225–1,375
ValueAct Strategic Global Master Fund, L.P.	2025-12-11 – 2026-04-30	+5,654,570	+2.85pt	¥1,522.92	¥1,301–1,544
ValueAct Strategic Master Fund III, L.P.	2025-08-12 – 2026-04-30	+12,395,479	+6.27pt	¥1,447.87	¥1,284–1,544

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/2531/trades.

5% filings

Large shareholding reports on 2531

Filed	Filer	Stake	Change	Stated purpose
2026-10-22	ValueAct Capital Management, L.P.	20.01%	+1.00pt	control may make proposals
2026-10-15	Oasis Management Company Ltd.	5.09%	—	may make proposals
2026-07-23	Mizuho Bank,Ltd.	8.68%	+1.90pt	—
2026-05-12	The Norinchukin Bank	4.00%	−1.20pt	strategic holding
2026-05-12	ValueAct Capital Management, L.P.	19.01%	+4.21pt	may make proposals pure investment
2026-01-30	ValueAct Capital Management, L.P.	14.80%	+2.36pt	may make proposals pure investment
2026-01-30	ValueAct Capital Management, L.P.	12.44%	+2.60pt	may make proposals pure investment
2026-01-30	ValueAct Capital Management, L.P.	14.80%	+2.36pt	may make proposals pure investment
2025-12-18	ValueAct Capital Management, L.P.	12.44%	+2.60pt	may make proposals pure investment
2025-08-21	ValueAct Capital Management, L.P.	9.84%	—	may make proposals pure investment

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 29 issues
Book value: ¥33.3bn
Sold in the year: ¥7.5bn 22 issues
Bought in the year: — — issues
Mutual, both reports: 22
Held by listed cos.: 30

Holds	Book value	Shares vs. prior year	Mutual
Kyoto Financial Group, Inc. 5844	¥6,622m	0.0%	both reports
SCREEN Holdings Co., Ltd. 7735	¥6,587m	-20.0%	both reports
Mizuho Financial Group, Inc. 8411	¥4,445m	0.0%	both reports
Tokio Marine Holdings, Inc. 8766	¥3,625m	-11.1%	both reports
MITSUI & CO., LTD. 8031	¥1,876m	-66.7%	both reports
THE SHIGA BANK,LTD. 8366	¥1,507m	0.0%	both reports
Nippon Shinyaku Co.,Ltd. 4516	¥1,038m	-20.0%	both reports
Toyo Seikan Group Holdings, Ltd. 5901	¥954m	-10.0%	both reports
Kewpie Corporation 2809	¥885m	-10.0%	both reports
Tokyo Tatemono Co., Ltd. 8804	¥825m	-10.0%	both reports

Held by: Mizuho Financial Group, Inc. 8411, Kyoto Financial Group, Inc. 5844, Tokio Marine Holdings, Inc. 8766, Toyo Seikan Group Holdings, Ltd. 5901, Sumitomo Mitsui Trust Group, Inc. 8309, THE SHIGA BANK,LTD. 8366, Dai Nippon Printing Co.,Ltd. 7912, Tokyo Tatemono Co., Ltd. 8804, Nihon Yamamura Glass Co., Ltd. 5210, MITSUI & CO., LTD. 8031, TOPPAN Holdings Inc. 7911, Rengo Co., Ltd. 3941 and 19 more

Purposes, all holdings and mutual flags via /v1/companies/2531/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行株式会社（信託口）	19,763,600	10.25%
STATE STREET BANK AND TRUST COMPANY 505010	17,488,679	9.07%
株式会社みずほ銀行	9,616,500	4.99%
農林中央金庫	8,550,000	4.43%
VALUEACT JAPAN MASTER FUND, L.P.	6,000,000	3.11%
明治安田生命保険相互会社	5,370,000	2.78%
株式会社日本カストディ銀行(信託口)	5,345,000	2.77%
株式会社京都銀行	5,000,000	2.59%
STATE STREET BANK AND TRUST COMPANY 510311	4,908,544	2.54%
STATE STREET BANK AND TRUST COMPANY 510312	4,809,656	2.49%

U.S. funds holding 2531

SEC Form N-PORT, reports to 2026-07-31

58 U.S. funds held 10,886,904 shares worth $145.0m.

Fund	Shares	Value	% of fund	As of
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	2,357,143	$30.8m	0.005%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	1,558,996	$21.6m	0.007%	2026-06-30
iShares Core MSCI EAFE ETF iShares Trust	1,126,200	$14.7m	0.008%	2026-07-31
THE JAPANESE SMALL COMPANY SERIES DFA INVESTMENT TRUST CO	720,277	$9.4m	0.235%	2026-07-31
iShares MSCI EAFE Small-Cap ETF iShares Trust	541,400	$7.1m	0.053%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/2531
GET /v1/companies/2531/financials
GET /v1/companies/2531/details
GET /v1/companies/2531/segments
GET /v1/companies/2531/voting
GET /v1/companies/2531/tender-offers
GET /v1/companies/2531/indicators
GET /v1/companies/2531/earnings-releases
GET /v1/events?ticker=2531
GET /v1/companies/2531/trades         
GET /v1/companies/2531/cross-holdings 
GET /v1/companies/2531/brief

Plans from $9 a month · Documentation