Latest stock exchange news - kabu, Oyakata transfers, etc.

[Koorifuu 1,020]

Is there a chance these moves could indicate unannounced and/or upcoming ownership changes?

[rhyen 1,846]

  On 01/04/2025 at 12:52, Koorifuu said:

Is there a chance these moves could indicate unannounced and/or upcoming ownership changes?

I think Kagamiyama to Oitekaze is to keep an eye on internal discipline (given that he was head of compliance committees and disciplinary boards in the past).

Sendagawa to Nishikido may either be a temporary help or future grooming (think Ikazuchi at Musashigawa)

[Asashosakari 19,669]

  On 01/04/2025 at 09:51, Yubinhaad said:

Just noticed also that Sendagawa-oyakata (ex-Tokushoryu) has moved from Kise-beya to Nishikido-beya.

Oh, that must have been a later update today (April 1), it wasn't yet in the version my page watch service caught around 8am JST.

I guess there might be something to those old rumours after all?

  On 12/09/2023 at 22:57, Asashosakari said:

(...)
2) Another theory is that Nishikido (ex-Mitoizumi) has somehow been responsible for Toki holding the kabu in the first place, i.e. he's either a secret owner himself (contravening Kyokai rules against double ownership) or he has been supporting Toki's financial duties towards the actual owner, with Toki obligated to work in Nishikido's stable in return. There's some merit to this notion - Toki moved to Nishikido-beya from Kokonoe only a couple of months after he took on the Sendagawa share, and he had previously moved from Takasago to Kokonoe as well while he was officially borrowing the Sanoyama name owned by still-active Chiyotaikai. The idea here is that Mitoizumi is looking for somebody to take over Nishikido-beya when he turns 65 in four years, implying that Toki is not / no longer the successor Mitoizumi wants so he had to be replaced. But if Tokushoryu is the newly anointed candidate, why aren't they just doing the same thing as before and presenting him as the Sendagawa kabu owner? And if it's not Tokushoryu but another yet to be revealed rikishi, why did Toki need to go at this point in time?

Took a long time to materialize, if so...

Edit: What would be funny is if this ended the way the Shikihide succession did, with a Dewanoumi-ichimon member going there to take over a moribund stable but then taking it with him to Dewanoumi... In any case, Nishikido now only has another two years and change, he turns 65 in September 2027.

Edited April 1 by Asashosakari

[Yubinhaad 11,761]

FWIW @Tamanaogijima, per the Kyokai's latest business report, July 9th 2024 is listed as the change of ownership date for Takakeisho-Minatogawa, and Shimanoumi-Izutsu.

令和６年７月９日 
貴景勝（本名：佐藤貴信）による年寄名跡湊川の継承承認の件
志摩ノ海（本名：福薗航洋）による年寄名跡井筒の継承承認の件

Makes sense for Takakeisho anyway, that was the day of his final bout (fusen the next day, actual intai ten days later).

 

  On 01/04/2025 at 13:39, rhyen said:

I think Kagamiyama to Oitekaze is to keep an eye on internal discipline (given that he was head of compliance committees and disciplinary boards in the past).

Maybe, he is still attached to the crisis management department as a sanyo. But is a 67-year-old really going to move into a heya for that? Anyway, it occurs to me that apart for Hitoshi, all of Oitekaze's current or former sekitori are kabu eligible, aren't they? Endo already has one, but Daieisho, Tsurugisho, Tobizaru, Daiamami, Daishomaru, Daishoho if he obtains citizenship... that's a lot of seats needed if even some of them want to be around the Kyokai table in the future, so maybe the collection of sanyo is preparing for that.

Edited April 7 by Yubinhaad

[Asashosakari 19,669]

  On 06/04/2025 at 15:28, Yubinhaad said:

per the Kyokai's latest business report, July 9th 2024 is listed as the change of ownership date for Takakeisho-Minatogawa, and Shimanoumi-Izutsu.

令和６年７月９日 
貴景勝（本名：佐藤貴信）による年寄名跡湊川の継承承認の件
志摩ノ海（本名：福薗航洋）による年寄名跡井筒の継承承認の件

Makes sense for Takakeisho anyway, that was the day of his final bout (fusen the next day, actual intai ten days later).

(I'm afraid you're off by two months with Takakeisho's retirement there.)

I suppose it was just a formality with Shimanoumi in the end, but they did leave it very late within the official five-year period after all (ex-Sakahoko died in September 2019). I'd still say we can take that as evidence that the tabloid-floated "heirs are expected to get a transfer done much faster" notion wasn't very credible:

  On 30/05/2023 at 19:39, Asashosakari said:

And apropos the previous discussions, the article somewhat mysteriously confirms the existence of the 5-year rule to find a successor but claims that bereaved families only get a deadline of "two or three years". Considering we're already at three and a half years since Ushiomaru's untimely death, and that I don't recall any transfer of a family-held kabu that happened this late back when the official rule was still 3 years, I'm not quite inclined to believe that any such shorter deadline is being meaningfully enforced if it exists at all. Of course, "lack of meaningful enforcement" is arguably the name of the game concerning kabu.

In any case, I hope that's going to become a regular thing in the business reports that kabu changes of ownership receive an actual mention in the board of directors meetings summaries. BTW, we never found an official date for the transfer of the Furiwake kabu to Myogiryu, did we? The DB data currently has him taking ownership only with his retirement, but obviously we had that interview from more than a year earlier where ex-Ushiomaru's widow explained it as a done deal. The phrases used in the FY2024 business report also strongly imply that Myogiryu officially owned the kabu before his retirement already. (The name accessions by him and Takakeisho do not draw a connection to their retirement from the dohyo, while those by Kotoeko and Aoiyama do.)  

Edit: While I'm at it - Okinoumi's start as Kimigahama is currently tagged OO in the DB, but should presumably be KA.

Edited April 6 by Asashosakari

[Yubinhaad 11,761]

  On 06/04/2025 at 16:30, Asashosakari said:

(I'm afraid you're off by two months with Takakeisho's retirement there.)

 

Oops, I saw his last bout on 9-9 and somehow superimposed that on the 7-9 acquisition date. 

 

  On 06/04/2025 at 16:30, Asashosakari said:

In any case, I hope that's going to become a regular thing in the business reports that kabu changes of ownership receive an actual mention in the board of directors meetings summaries. BTW, we never found an official date for the transfer of the Furiwake kabu to Myogiryu, did we? The DB data currently has him taking ownership only with his retirement, but obviously we had that interview from more than a year earlier where ex-Ushiomaru's widow explained it as a done deal. The phrases used in the FY2024 business report also strongly imply that Myogiryu officially owned the kabu before his retirement already. (The name accessions by him and Takakeisho do not draw a connection to their retirement from the dohyo, while those by Kotoeko and Aoiyama do.)  

Same, but I'm not holding my breath. Three years ago they reported movements "Based on articles 1,2,3 (etc) of the rules", but I don't think that's been done since. I wonder if it's changes to the rules and regulations laid down by the government or particular ministry that affects the way the reports have to be written?

I haven't seen anything about Myogiryu and Furiwake. There are some nameless entries in the reports that don't tally with anything in Tamanaogijima's change log as far as I can tell, but that just leaves us with guesses and assumptions.