What is Dalton Investments buying in Japan next?
Dalton Investments (US) discloses its Japanese stakes under Japan’s own regime, EDINET large-shareholding reports (大量保有報告書), the side a US 13F is blind to. Japan is also the one market where a prediction is checkable almost immediately: the report is due within about five business days of crossing 5%, not the US 13F’s 45. Research, not investment advice.
Predicted next buys
P(this fund adds the name next), from the per-investor walk-forward model, out-of-sample AUC ~80%. A predicted probability is a statement about a filing pattern, never a claim the fund has bought a name or that you should.
| Company | P(add next) | Stake | Signal | Next filing due |
|---|---|---|---|---|
| マクニカホールディングス株式会社 (3132) | 11% | 8.2% | activist | - |
| センコーグループホールディングス株式会社 (9069) | 10% | 9.5% | activist | - |
| アニコム ホールディングス株式会社 (8715) | 9% | 13.8% | activist | - |
Currently disclosed Japanese holdings
From Dalton Investments’s latest EDINET 5% filings. Stake is the disclosed large-shareholding percentage.
| Issuer | Stake | Purpose | As of |
|---|---|---|---|
| アニコム ホールディングス株式会社 (8715) | 13.8% | activist implied | 2026-01-20 |
| 株式会社鶴見製作所 (6351) | 13.7% | activist implied | 2026-06-11 |
| アイザワ証券グループ株式会社 (8708) | 9.7% | activist implied | 2022-04-04 |
| センコーグループホールディングス株式会社 (9069) | 9.5% | activist implied | 2026-01-28 |
| ステラケミファ株式会社 (4109) | 9.4% | activist implied | 2021-06-04 |
The predicted next buys, fresh disclosures, and the week’s catalysts. One email a week. Honest numbers, never advice.
The full Japan board, predicted and disclosed, is on Japan. How the model works and its honest limits are on methodology. Data as of 2026-01-20. Research, not investment advice, see the disclaimer.