The execution
Action: BUY · 2415.T Company: Human Holdings Co., Ltd. · TSE:2415 Executed: 24 August 2026, 01:40:15 (IBKR Flex reported time) Position: 100 shares · ¥1,655 average price · ¥165,500 execution value · 1 fill
The broker record uses 24 August 2026. An earlier research note described the position as initiated on 23 August because it used a different local-date convention; the broker-reported date above is the public execution record.
Why I did it
This is the first non-US operating-company position under the new account. The position is deliberately small while the Japanese disclosure and ownership work stays under review.
What changes the view
I will revisit the position as the ownership and disclosure work closes, and as the company’s tangible-book economics either confirm or weaken the re-rating case.