📋 Material Events 1086

Metaplanet KK

3350 · 株式会社メタプラネット

Metaplanet Inc. announced a third-party allocation (private placement) of 107,368,000 common shares at 380 yen per share and 1,073,680 warrants (26th Series) at 410 yen per warrant to raise capital. The total proceeds (net of issuance costs) are approximately 84.3 billion yen, to be used primarily for Bitcoin purchases (56.9 billion yen), Bitcoin income business (6.3 billion yen), and debt repayment (21.1 billion yen).

RIKEI CORPORATION

8226 · 株式会社 理経

The company's Board of Directors resolved on March 16, 2026 to change its Representative Director (CEO). Makoto Koyanagi will transition from Executive Vice President (常務取締役) to Representative Director and President (代表取締役社長) effective June 26, 2026. Current CEO Satoru Inozaka will step down from the CEO position and assume an advisory role (相談役).

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Japan Policy Finance Corporation (日本政策金融公庫) is conducting a capital raise through paid-in stock allocation by the Japanese government across three government ministries. The total capital injection amounts to approximately 12.25 billion yen, allocated to support safety-net lending and disaster recovery lending programs for general public and small-medium enterprises.

PENTA-OCEAN CONSTRUCTION CO.,LTD.

1893 · 五洋建設株式会社

Japan Offshore Marine Co. (JOM), a consolidated subsidiary of the filing company, will conduct a capital injection into its 100% subsidiary Japan Offshore Marine DK ApS (JOMDK) through in-kind contribution of receivables in March 2026. This capital injection will increase JOMDK's capital from €5,380 to approximately €40,331,701, causing it to meet the threshold of a specified subsidiary (10% or more of parent company's capital) and thus triggering this extraordinary report filing.

Mitsubishi HC Capital Inc.

8593 · 三菱HCキャピタル株式会社

Mitsubishi HC Capital Estate Plus Co., Ltd. (a consolidated subsidiary) decided on March 16, 2026 to make a staged investment in Miyagi Taiwa Development Special Purpose Company from April 2026 through October 2028. Upon the June 2027 investment tranche, the target company is expected to become a specified subsidiary with the parent company holding 99.99% voting rights and capital of 8,379 million yen.

Japan Cash Machine co.,ltd.

6418 · 日本金銭機械株式会社

The company has decided to acquire a medium and small-scale recycler/dispenser manufacturing and sales business from Fujitsu Frontech Corporation. The acquisition is valued at approximately 500 million yen (subject to price adjustments based on asset conditions at closing) and is scheduled to close on July 1, 2026. This strategic acquisition aims to expand the commercial market presence, strengthen product development capabilities, and enhance product lineup offerings.

BELLUNA CO.,LTD.

9997 · 株式会社ベルーナ

The company's board of directors resolved on March 16, 2026 to dissolve and liquidate its special subsidiary, Godo Kaisha Mogami Geo Energy, which operates geothermal power generation and electricity supply business. The company held 95.3% ownership stake in the subsidiary prior to liquidation, with completion of liquidation procedures expected by October 2026 or later.

SUMITOMO HEAVY INDUSTRIES,LTD.

6302 · 住友重機械工業株式会社

Silchester International Investors LLP ceased to be a major shareholder of the company as its voting rights decreased from 10.50% (125,961 voting rights) to 9.46% (113,461 voting rights) as of February 25, 2026. This change falls below the major shareholder threshold and is reported in accordance with the Financial Instruments and Exchange Act Article 24-5(4).

Maxell, Ltd.

6810 · マクセル株式会社

The company entered into a loan agreement on March 16, 2026 with major Japanese banks (city banks and regional banks) for 10 billion yen. The loan includes financial covenants requiring the company to maintain consolidated net assets at least 75% of the prior year-end level and to avoid consecutive periods of operating losses.

WAKACHIKU CONSTRUCTION CO.,LTD.

1888 · 若築建設株式会社

Asō Corporation (麻生株式会社) has acquired control of the company through a tender offer conducted by ACVE Holdings LLC, a company in which Asō is invested. As a result of the tender offer settlement scheduled for March 23, 2026, Asō's voting rights (direct and indirect combined) will exceed 50% of the company's total voting rights, making Asō the new parent company.

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The filing company's wholly-owned subsidiary ACVE Holdings conducted a tender offer for Wakatsuki Construction (Feb 13 - Mar 13, 2026), resulting in the filing company acquiring 51.05% voting rights when combined with direct holdings. Wakatsuki Construction will become a new consolidated subsidiary of the filing company effective March 23, 2026, and qualifies as a specified subsidiary under financial disclosure regulations.

CHIKARANOMOTO HOLDINGS Co.,Ltd.

3561 · 株式会社力の源ホールディングス

The company will receive a dividend of 300 million yen from its consolidated subsidiary, Chikara no Moto Company Ltd., on March 30, 2026. This dividend will be recorded as operating revenue in the company's standalone financial statements for the fiscal year ending March 2026, with no impact on consolidated results due to elimination of inter-company transactions.

ICHINEN HOLDINGS CO.,LTD.

9619 · 株式会社イチネンホールディングス

The company sold a portion of its investment securities holdings between May 21, 2025 and March 11, 2026, resulting in gains on sale of investment securities. This transaction generated 819 million yen in special gains to be recognized in the fiscal year ending March 2026.

HISAMITSU PHARMACEUTICAL CO.,INC.

4530 · 久光製薬株式会社

The company's board resolved to convene an extraordinary shareholders' meeting on April 17, 2026 to approve a stock consolidation as part of an MBO transaction. Taiyo Kogyo Co., Ltd. conducted a tender offer from January 7 to February 19, 2026, acquiring 43,574,799 shares (61.81%) through a negotiated process involving multiple price increases from ¥5,280 to ¥6,072 per share.

ZOOM CORPORATION

6694 · 株式会社ズーム

The company recognized impairment losses totaling 862.6 million yen in its consolidated financial statements for the fiscal year ended December 2025. The impairment was triggered by declining profitability at US subsidiary Zoom North America, LLC due to changes in market conditions, resulting in goodwill and fixed asset write-downs of 835.2 million yen, plus an additional 27.4 million yen in impairment losses on idle production equipment.

Schoo,inc.

264A · 株式会社Schoo

The company executed a capital and business alliance memorandum with SAAF Holdings Co., Ltd. on March 13, 2026, to explore strategic partnerships combining the company's education platform with SAAF's digital talent platform and consulting business. The agreement includes restrictions on SAAF's share acquisitions and disposals of company stock without prior written consent, with planned cooperation spanning digital talent development, local government consulting, reskilling programs, and regional revitalization initiatives.

CCReB Advisors Inc.

276A · ククレブ・アドバイザーズ株式会社

The company resolved to enter into a money lending contract with Japan Finance Corporation (Shokogumi Chuou Kinko) for 960 million yen on March 25, 2026. The loan is secured by real estate inventory acquired with the borrowed funds and includes financial covenants requiring the company to maintain net assets at 75% or more of the August 2025 level and avoid consecutive fiscal periods of operating losses.

EduLab, Inc.

4427 · 株式会社EduLab

The company executed a money lending agreement (金銭消費貸借契約) with a major city bank on March 10, 2026, for 2 billion yen with repayment due March 18, 2029. The loan includes two financial covenants: maintaining consolidated net assets at ≥80% of the previous fiscal year level, and maintaining pre-tax profits in the black, with breach resulting in loss of payment deadline benefits.

NISSAN TOKYO SALES HOLDINGS CO., LTD.

8291 · 日産東京販売ホールディングス株式会社

The company's Board of Directors resolved on March 12, 2026 to change its representative director (CEO). Toshihiko Kikuchi will be promoted from Managing Executive Officer to Representative Director and President effective April 1, 2026. Akira Takebayashi will transition from Representative Director and President to Chairman of the Board.

AXEL MARK INC.

3624 · アクセルマーク株式会社

The company resolved on March 13, 2026 to divest all shares of its subsidiary Wellness More Laboratories Co., Ltd., causing it to cease being a specified subsidiary. The divestiture follows a post-acquisition reassessment that revealed uncertainties in the subsidiary's growth prospects and limited synergies with the parent company's core operations.

AXEL MARK INC.

3624 · アクセルマーク株式会社

The company has decided to divest all shares of its subsidiary Spiral Sense Inc., which will result in the subsidiary ceasing to be a specified subsidiary. The divestiture is scheduled for March 31, 2026, and is intended to optimize the company group's management resources and maximize enterprise value by allowing Spiral Sense to develop under new ownership.

ZOZO, Inc.

3092 · 株式会社ZOZO

The company has entered into a money lending contract with financial covenants on March 13, 2026, arranged by Sumitomo Mitsui Banking Corporation as a syndicate. The loan amounts to 12.5 billion yen with a repayment deadline of March 30, 2027, and is unsecured but subject to two financial covenants: maintaining consolidated shareholders' equity above 13.6 billion yen and ensuring consolidated operating income does not result in a loss.

TESS Holdings Co., Ltd.

5074 · テスホールディングス株式会社

Tes Engineering Co., Ltd., a consolidated subsidiary, entered into a money lending agreement on March 13, 2026, with a syndicate arranged by Sumitomo Mitsui Bank. The unsecured loan of 8,100 million yen includes financial covenants requiring maintenance of minimum equity levels and non-negative operating income.

UNIVA Oak Holdings Limited

3113 · Oakキャピタル株式会社

The company resolved to acquire all ordinary shares of UNIVA Marketing Limited (Cayman) (UMKY) for approximately 895 million yen, making it a subsidiary effective April 1, 2026. The acquisition will be funded through a third-party capital increase to UNIVA Group Investments Limited (Cayman), the parent company of UMKY, using the share acquisition receivable as in-kind contribution. This acquisition aligns with the company's mid-term management plan targeting consolidated sales of 25 billion yen, net income of 2 billion yen, and market capitalization of 60 billion yen.

gumi Inc.

3903 · 株式会社gumi

The company recorded cryptocurrency valuation gains and losses as of March 13, 2026, based on fair value assessment of digital assets held by the group. For the third quarter of fiscal year ending April 2026, a consolidated valuation gain of 1,702 million yen and a standalone valuation loss of 145 million yen were recognized as non-operating income and expenses respectively.

Daito Chemix Corporation

4366 · ダイトーケミックス株式会社

The company is recognizing special gains of 500 million yen in the fiscal year ended March 2026 due to the reversal of allowances for doubtful accounts and debt guarantee losses related to its Korean equity method affiliate DAITO-KISCO corporation (DKC). The reversal was triggered by DKC's elimination of its accumulated deficit in the December 2025 fiscal period, following a capital increase implemented by the company and its Korean partner Kyung-In Yang-Haeng Co., Ltd.

OSAKA GAS CO.,LTD.

9532 · 大阪瓦斯株式会社

The company's board of directors resolved on March 13, 2026 to change its representative director effective April 1, 2026. Toshiyuki Imai, currently Senior Managing Executive Officer and Director, will be promoted to Representative Director, while Takayuki Tasaka, the incumbent Representative Director and Senior Managing Executive Officer, will step down from the representative director position but remain as Director.

Renesas Electronics Corporation

6723 · ルネサスエレクトロニクス株式会社

The company is distributing 140,802 treasury shares to 25 overseas subsidiary employees on April 1, 2026, as part of a post-grant restricted stock unit (RSU) compensation program. The shares are being allocated through an in-kind contribution method, where monetary compensation claims held by the employees serve as the contribution asset, valued at ¥365.73 million total.

Fujikura Ltd.

5803 · 株式会社フジクラ

The company received a dividend of 200 million USD (approximately 31.5 billion yen) from its consolidated subsidiary America Fujikura Ltd. in March 2026. The dividend will be recorded as non-operating revenue in the individual financial statements, with negligible impact on consolidated results due to the subsidiary consolidation method.

TMH Inc.

280A · 株式会社TMH

The company's board of directors resolved on March 13, 2026 to establish a new subsidiary in Shanghai, China. This subsidiary, with a capital of 4 million RMB (approximately 900 million yen), will engage in sales and repair of semiconductor equipment and components. The establishment qualifies as a specified subsidiary (特定子会社) since the subsidiary's capital exceeds 10% of the parent company's capital.

Showa Chemical Industry Co.

4990 · 昭和化学工業株式会社

The company is reporting a change in its specified subsidiary status for Ruirai Te (Dalian) Engineering Technology Co., Ltd., a diatomaceous earth product processing company in China. The subsidiary crossed the 10% threshold relative to the parent company's capital, requiring it to be designated as a specified subsidiary as of October 17, 2025. The company achieved 100% indirect ownership of the subsidiary through this transaction.

NISSIN FOODS HOLDINGS CO.,LTD.

2897 · 日清食品ホールディングス株式会社

On March 13, 2026, the company's board resolved to acquire an additional 21% stake in Nissin-Universal Robina Corporation (a Philippines-based joint venture between the company's Thai subsidiary NISSIN FOODS ASIA CO., LTD. and Universal Robina Corporation) from URC through NFA in January 2027, converting it to a subsidiary. This acquisition is expected to result in step acquisition gain to be recorded in the FY2027 consolidated financial statements.

譬ェ蠑丈シ夂、セ繝輔�シ繝舌�シ繝悶Ξ繧、繝ウ

3927 · 株式会社フーバーブレイン

The company has resolved to acquire ProofX Inc., a generative AI consulting and solutions company, as a subsidiary through a board resolution on March 13, 2026. The acquisition, valued at approximately 337 million yen including transaction costs, is part of the company's mid-term management plan to evolve into a Japan-based 'AI Guardian' by integrating core AI technology capabilities with its existing cybersecurity strengths. The acquisition includes ProofX's CEO Ryota Natsume joining the acquiring company as Chief AI Officer to lead the company's AI strategy.

HONDA MOTOR CO., LTD.

7267 · 本田技研工業株式会社

The company has decided to cancel the launch and development of certain EV models planned for North American production and is conducting a comprehensive review of its four-wheel electrification strategy. This restructuring is expected to result in operating expenses of 820-1,120 billion yen, equity method investment losses of 110-150 billion yen in consolidated results, and special losses of 340-570 billion yen in standalone results for the fiscal year ending March 2026.

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MHAM's Money Reserve Fund (MRF) submitted a periodic report disclosing fund performance data for three consecutive monthly calculation periods from December 2025 through February 2026. The report includes distribution amounts per 10,000 units, total net assets, beneficiary units outstanding, and unit prices, demonstrating stable fund performance with consistent 10,000 yen end-of-period unit prices across all three months.

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Shinko MRF (Money Reserve Fund) filed an extraordinary report disclosing trust asset calculation documents for three consecutive monthly periods (December 2025 - February 2026). The report details distribution yields of 3.142円, 4.366円, and 4.242円 per 10,000 units respectively, with end-of-period net assets ranging from approximately ¥980.8 billion to ¥999.9 billion.

MIZUHO MEDY CO.,LTD.

4595 · 株式会社ミズホメディー

The company's Board of Directors resolved on February 24, 2026 to restructure its representative director positions effective March 27, 2026. Karakawa Bunsei will transition from Representative Director (President and Chairman) to Representative Director (Chairman), while Narahara Kenji will be promoted from Director to Representative Director (President). This represents a planned leadership succession with the incumbent CEO moving to chairman role and an internal executive assuming the presidency.

LIFEDRINK COMPANY, INC.

2585 · 株式会社ライフドリンク カンパニー

The company's Board of Directors on March 5, 2026 approved the acquisition of two companies (SD Next Co., Ltd. and SD Bottlers Co., Ltd.) from Sukima Department Store Co., Ltd. through a newly established consolidated subsidiary (LD Vending Co., Ltd.). This acquisition aims to strengthen the company's direct sales channels in the vending machine business, supporting the company's 'Max Sales Evolution' strategy alongside its existing beverage and leaf business operations.

LIFEDRINK COMPANY, INC.

2585 · 株式会社ライフドリンク カンパニー

The company approved an absorption spin-off to acquire the vending machine business operated by Pokka Sapporo Food & Beverage Co., Ltd. A newly established subsidiary will become the acquiring company, with the transaction scheduled to be effective October 1, 2026. The acquisition consideration is ¥500 million in cash, aimed at expanding the company's direct sales channels and strengthening its business base.

Mitsubishi Logisnext Co., Ltd.

7105 · 三菱ロジスネクスト株式会社

LVJホールディングス2株式会社 (backed by Japan Industrial Partners/JIP) has initiated a public tender offer to acquire all outstanding shares of the company with the goal of making it a wholly-owned subsidiary. The company's board has decided to convene an extraordinary shareholders meeting on April 9, 2026 to approve a stock consolidation as part of this acquisition transaction. Mitsubishi Heavy Industries, the company's major shareholder, is divesting its stake through this process.

3-D Matrix,Ltd.

7777 · 株式会社スリー・ディー・マトリックス

The company recorded foreign exchange gains (為替差益) totaling approximately 2.05-2.06 billion yen in non-operating revenue for the third quarter of fiscal year 2026 (ending April 2026), resulting from exchange rate differences in the evaluation of subsidiary loans. This material event was formally resolved by the board of directors on March 12, 2026.

RenetJapanGroup,Inc.

3556 · リネットジャパングループ株式会社

Linect Japan Group has decided to issue 6,000 stock warrants (新株予約権) to its representative director, with each warrant exercisable for 100 shares of common stock, totaling 600,000 shares. The warrant issuance price is set at 500 yen per warrant (total 3 million yen), with an initial exercise price of 1,058 yen per share based on the March 11, 2026 closing price on the Tokyo Stock Exchange. The warrants include performance-based price adjustments and a 10-year exercise period through March 29, 2036.

SUNDAY CO.,LTD.

7450 · 株式会社サンデー

Aeon Co., Ltd. (イオン), which acquired over 90% ownership through a tender offer completed on March 5, 2026, submitted a stock transfer request on March 11, 2026 to acquire all remaining shares from minority shareholders at ¥1,280 per share. The company's board of directors approved the request on March 12, 2026, with the acquisition scheduled for April 3, 2026, as part of a two-stage acquisition plan to make the company a wholly-owned subsidiary of Aeon.

PIXEL COMPANYZ INC.

2743 · ピクセルカンパニーズ株式会社

The company appointed two temporary auditors following the resignation of its previous accounting auditor firm (監査法人アリア) on November 19, 2025. The Audit & Supervisory Committee resolved on January 22, 2026 to appoint CPAs Akasaka Mitsutoshi (赤坂満秋) and Kaio Hiroaki (海生裕明) as temporary auditors to maintain appropriate audit operations.

CHIYODA INTEGRE CO.,LTD.

6915 · 千代田インテグレ株式会社

The company sold a portion of its investment securities held as policy stocks as part of its medium-term management plan to reduce such holdings. This transaction generated an investment securities gain of 1,124 million yen, which will be recorded as extraordinary profit in the company's individual financial statements for the fiscal year ending December 2026.

I-FREEK MOBILE INC.

3845 · 株式会社アイフリークモバイル

A major shareholder change was reported as of March 6, 2026. Shin Sawa increased their voting rights from 3.96% to 19.70% (8,812 to 43,812 voting shares), while Sumo Japan Ventures Segregated Portfolio of Fundviews SPC Ltd. ceased to be a major shareholder, decreasing from 15.74% to 0% (35,000 to 0 voting shares).

TOKYO OHKA KOGYO CO., LTD.

4186 · 東京応化工業株式会社

The company expects to receive a dividend of 7,005 million yen (1,429 million TWD) from its consolidated subsidiary Taiwan Tung Ying Chemical Co., Ltd. following a shareholder meeting on March 11, 2026. The dividend will be recorded as non-operating revenue in the individual financial statements for the fiscal year ending December 2026, with no impact on consolidated earnings since it is intra-group.

YAMAX Corp.

5285 · 株式会社ヤマックス

Yamacs Corporation's board approved the disposition of 100,000 treasury shares to a Board Benefit Trust (BBT) established with Mizuho Trust Bank on March 12, 2026. The shares, priced at ¥1,693 per share (March 11, 2026 closing price), total ¥169.3 million and will be allocated to 7 internal directors (excluding external directors) as equity-based compensation linked to company performance and share price movements.

CHUO SPRING CO.,LTD.

5992 · 中央発條株式会社

Mikujiro Ueshima became a major shareholder of the company, increasing his voting rights from 9.30% (23,390 voting units) to 13.73% (34,556 voting units) as of March 2, 2026. This change triggers mandatory disclosure under the Financial Instruments and Exchange Act Article 24-5(4) due to the shift in major shareholder status.

OKASAN SECURITIES GROUP INC.

8609 · 株式会社岡三証券グループ

The company sold a portion of its strategic shareholdings (policy holdings) to improve asset efficiency and strengthen its financial position. This resulted in an investment securities gain of 4,043 million yen, which will be recorded as an extraordinary profit in the financial results for the fiscal year ending March 2026.