Toyo Engineering Corporation’s (TSE:6330) stock price dropped 14% last week; private equity firms would not be happy
Key Insights
- The considerable ownership by private equity firms in Toyo Engineering indicates that they collectively have a greater say in management and business strategy
- The top 3 shareholders own 54% of the company
- Institutions own 22% of Toyo Engineering
If you want to know who really controls Toyo Engineering Corporation (TSE:6330), then you’ll have to look at the makeup of its share registry. We can see that private equity firms own the lion’s share in the company with 30% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And following last week’s 14% decline in share price, private equity firms suffered the most losses.
Let’s take a closer look…