FACTBOX-Steel Partners' stakes in Japan companies

Mon Feb 19, 2007 2:20am EST
 
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Feb 19 (Reuters) - U.S. hedge fund Steel Partners said last week it may launch a tender offer to raise its stake in Japanese brewer Sapporo Holdings (2501.T) to 66.6 percent from about 18.5 percent at an estimated cost of 150 billion yen ($1.3 billion).

According to filings, Steel Partners has already invested about 299 billion yen to take a stake of more than 5 percent in 28 Japanese companies.

Its biggest holdings are in wig and hairpiece maker Aderans Co. (8170.T) (24.69 percent), stage mechanism and amusement park ride maker Sansei Yusoki Co. (6357.OS) (24.57 percent) and Sapporo (18.64 percent), according to filings as of Jan. 11.

The following is a list of companies in which the fund has a stake, including holdings by a group firm. COMPANY STAKE AMOUNT INVESTED

(%) (BLN YEN) Aderans Co. (8170.T) 24.69 29.17 Sansei Yusoki Co. (6357.OS) 24.57 4.50 Sapporo Holdings Ltd. (2501.T) 18.64 32.35

(As of Jan 22) Takada Kiko Co. (5923.T) 17.90 2.34 Noritz Corp. (5943.T) 14.48 13.14 Ezaki Glico Co. (2206.T) 14.44 20.65 Fukuda Denshi Co. (6960.Q) 14.09 10.05 Yushiro Chemical Industry Co. (5013.T) 13.69 2.05 Nihon Tokushu Toryo Co. (4619.T) 13.38 1.68 Maruichi Steel Tube Ltd. (5463.T) 13.23 27.03 Nakakita Seisakusho Co. (6496.OS) 13.05 1.76 Chuo Warehouse Co. (9319.OS) 11.19 2.31 Citizen Watch Co. (7762.T) 10.52 39.26 Bull-Dog Sauce Co. (2804.T) 10.15 1.82 Denki Kogyo Co. (6706.T) 9.84 3.29 Hisaka Works Ltd. (6247.T) 9.73 2.59 Nissin Food Products Co. (2897.T) 9.28 34.18 New Cosmos Electric Co. (6824.Q) 9.25 1.41 Brother Industries Ltd. (6448.T) 9.19 29.73 Shofu Inc. (7979.OS) 8.14 0.84 House Foods Corp. (2810.T) 7.94 12.28 Tenryu Saw Manufacturing Co. (5945.Q) 7.93 0.86 Inaba Denkisangyo Co. (9934.T) 7.09 4.40 Ishihara Chemical Co. (4462.OS) 6.77 0.80 Kaneshita Construction Co. (1897.OS) 6.61 0.99 TTK Co. (1935.T) 5.82 0.53 Kikkoman Corp. (2801.T) 5.65 11.14 Miraca Holdings Inc. (4544.T) 5.33 4.85

((Reporting by Emi Emoto; Reuters Messaging: emi.emoto.reuters.com@reuters.net; +81-3-3432-8587; sachi.izumi@reuters.com))

($1=119.41 Yen) Keywords: STEELPARTNERS JAPAN/ Keywords: STEELPARTNERS JAPAN/ Keywords: STEELPARTNERS JAPAN/

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Companies In This Article

SAPPORO HOLDINGS LIMITED (2501.T) Quote, Profile, Research
Aderans Holdings Company Limited (8170.T) Quote, Profile, Research
SANSEI YUSOKI CO.,LTD. (6357.OS) Quote, Profile, Research
TAKADAKIKO(Steel Construction)CO.,LTD. (5923.T) Quote, Profile, Research
NORITZ CORPORATION (5943.T) Quote, Profile, Research
EZAKI GLICO CO.,LTD. (2206.T) Quote, Profile, Research
FUKUDA DENSHI CO.,LTD. (6960.Q) Quote, Profile, Research
Yushiro Chemical Industry Co.,Ltd. (5013.T) Quote, Profile, Research
Nihon Tokushu Toryo Co.,Ltd. (4619.T) Quote, Profile, Research
Maruichi Steel Tube Ltd. (5463.T) Quote, Profile, Research
NAKAKITA SEISAKUSHO CO.,LTD. (6496.OS) Quote, Profile, Research
Chuo Warehouse Co.,Ltd. (9319.OS) Quote, Profile, Research
Citizen Holdings Co.,Ltd. (7762.T) Quote, Profile, Research
BULL-DOG SAUCE CO.,LTD. (2804.T) Quote, Profile, Research
Denki Kogyo Company,Limited (6706.T) Quote, Profile, Research
HISAKA WORKS,LTD. (6247.T) Quote, Profile, Research
NISSIN FOODS HOLDINGS CO.,LTD. (2897.T) Quote, Profile, Research
NEW COSMOS ELECTRIC CO.,LTD. (6824.Q) Quote, Profile, Research
BROTHER INDUSTRIES,LTD. (6448.T) Quote, Profile, Research
SHOFU INC. (7979.OS) Quote, Profile, Research
House Foods Corporation (2810.T) Quote, Profile, Research
Tenryu Saw Mfg.Co.,Ltd. (5945.Q) Quote, Profile, Research
INABA DENKISANGYO CO.,LTD. (9934.T) Quote, Profile, Research
Ishihara Chemical Company,Ltd. (4462.OS) Quote, Profile, Research
The Kaneshita Construction Co.,Ltd. (1897.OS) Quote, Profile, Research
TTK Co.,Ltd. (1935.T) Quote, Profile, Research
KIKKOMAN CORPORATION (2801.T) Quote, Profile, Research
Miraca Holdings Inc. (4544.T) Quote, Profile, Research

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