📋 Material Events 1767

SENSHU ELECTRIC CO.,LTD.

9824 · 泉州電業株式会社

Izumi Dengyou has decided to dispose of treasury shares to the Izumi Dengyou Employee Stock Ownership Association (持株会) as part of a restricted stock incentive program for employees. Approximately 30,300 shares will be allocated to eligible employees (606 employees at 50 shares each) with a total value of approximately ¥194,526,000 at ¥6,420 per share, with a restriction period from April 24, 2026 to April 23, 2029.

Nishimatsu Construction Co., Ltd.

1820 · 西松建設株式会社

The company sold a portion of its investment securities holdings between December 2025 and February 2026 to rationalize its policy portfolio and improve asset efficiency in accordance with the Corporate Governance Code. This transaction will result in recording investment securities gain of 5,500 million yen in extraordinary gains for the fiscal year ending March 2026.

ANA HOLDINGSINC.

9202 · ANAホールディングス株式会社

The company's Board of Directors resolved on February 25, 2026, to change its Representative Director (代表取締役) effective April 1, 2026. Nakahori Kimihiro will assume the position of Representative Director and Senior Managing Executive Officer, succeeding Hirasawa Juichi who will transition to Director. Nakahori brings extensive financial and CFO experience spanning 38 years at the company and its parent All Nippon Airways.

YUASA TRADING CO.,LTD.

8074 · ユアサ商事株式会社

The company's Board of Directors resolved on February 19, 2026 to change its representative director (CEO). Hideaki Murayama will become Representative Director and President/CEO in late June 2026 following shareholder approval, while Kenichi Tanaka will retire from his position as Representative Director and Executive Vice President at the same time.

SENKO Group Holdings Co.,Ltd.

9069 · センコーグループホールディングス株式会社

Dalton Investments, Inc., a major shareholder, increased its voting rights from 9.76% to 10.62% of total shareholder voting rights as of February 18, 2026. This extraordinary report was filed pursuant to the Financial Instruments and Exchange Act Article 24-5(4) to disclose the material change in major shareholder composition.

SOFTCREATE HOLDINGS CORP.

3371 · 株式会社ソフトクリエイトホールディングス

The company's board of directors resolved on February 27, 2026 to acquire an additional 75% stake in Meguri Inc., a subsidiary currently 5% owned through its subsidiary ecbeing Inc., thereby consolidating it as a subsidiary. The acquisition is valued at approximately 1,891 million yen (including advisory fees) and is aimed at strengthening omnichannel capabilities and expanding EC solution services.

Osaki Electric Co.,Ltd.

6644 · 大崎電気工業株式会社

Oji Holdings' consolidated subsidiary Osaki Estate Co., Ltd. agreed to sell real estate assets (land and building) located in Minato Ward, Tokyo to Escon Corporation for approximately 6 billion yen in gain on sale. The transaction is scheduled to close in late March 2026, with the gain to be recorded as extraordinary income in the fiscal year ending March 2026.

YURTEC CORPORATION

1934 · 株式会社ユアテック

The company recorded a special loss of approximately 4.7 billion yen related to its Vietnamese subsidiary SIGMA ENGINEERING JSC due to deteriorated profitability caused by prolonged COVID-19 impacts on private sector projects and delayed wind power market investments. The consolidated financial statements will record 2.9 billion yen in special losses comprising 2.0 billion yen in goodwill amortization and 0.9 billion yen in impairment losses on customer-related and operational assets.

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The company completed a third-party allocation of new shares on February 27, 2026, resulting in changes to major shareholders. Four shareholders (Kaneko Seed Co., Ltd., Coshidaka Holdings Co., Ltd., JINS Holdings Co., Ltd., and Yamato Co., Ltd.) had their voting rights diluted from 10.36% to 9.20% due to the issuance of 1,220 new voting rights, though they remain major shareholders.

ZOOM CORPORATION

6694 · 株式会社ズーム

The company is replacing its current statutory auditor Taiyo Limited Liability Audit Corporation with Forvis Mazars Japan Limited Liability Audit Corporation, effective March 26, 2025 (at the conclusion of the 43rd Annual Shareholder Meeting). The change aims to strengthen the group's global audit capabilities, particularly leveraging Forvis Mazars' strong network in Europe and North America where the company has important operations, and to create a more efficient and effective audit framework across the group following the appointment of a Forvis Mazars affiliate as auditor of the German subsidiary in fiscal 2025.

Oji Holdings Corporation

3861 · 王子ホールディングス株式会社

The company's Board of Directors resolved on February 27, 2026 to transition the Representative Director. Kaku Masatoshi will step down from his position as Representative Director & Chairman and assume the role of Director, effective April 1, 2026.

UNITIKA LTD.

3103 · ユニチカ株式会社

The company resolved to dissolve Nihon Ester Co., Ltd., a wholly-owned subsidiary, at a Board of Directors meeting held on February 26, 2026. Following the dissolution, Nihon Ester will cease to be a specified subsidiary of the company. The dissolution date has not yet been determined.

kubell Co.,Ltd.

4448 · Chatwork株式会社

The company recognized significant impairment losses and valuation adjustments totaling approximately 3,733 million yen related to its subsidiaries Minajin Co., Ltd. and Kubell Storage Co., Ltd. following an assessment of recoverability. The charges include goodwill impairment, equity valuation losses, doubtful debt allowances, and guarantee loss provisions recognized in the fiscal year 2024.

H.U. Group Holdings, Inc.

4544 · H.U.グループホールディングス株式会社

H.U. Group Holdings resolved to dispose of 1,120,000 treasury shares to trust accounts: 910,000 shares for the executive performance-linked stock compensation program (BIP Trust) and 210,000 shares for the employee stock ownership plan (ESOP Trust). The shares will be allocated to Japan Master Trust Bank as co-trustee at a price of 3,293 yen per share, totaling approximately 3.688 billion yen, with settlement on March 18, 2026.

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 syndicated loan agreement on February 18, 2026, with Sumitomo Mitsui Bank as the arranger. The loan amount is ¥9,000 million with a repayment deadline of March 31, 2026, subject to financial covenants requiring maintenance of net assets and operating profit thresholds.

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 syndicated loan agreement on January 16, 2026, for 9.0 billion yen arranged by Sumitomo Mitsui Banking Corporation. The loan includes financial covenants requiring maintenance of minimum equity levels and operational profitability, with a maturity date of February 27, 2026, and is unsecured.

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 November 19, 2025, with a syndicate led by Sumitomo Mitsui Banking Corporation. The loan of 9,000 million yen is unsecured with a maturity date of December 30, 2025, and includes financial covenants requiring maintenance of minimum equity levels and non-negative operating income.

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 October 17, 2025, with a syndicate arranged by Sumitomo Mitsui Banking Corporation. The loan of ¥8,100 million is unsecured with a repayment deadline of November 28, 2025, and includes financial covenants requiring maintenance of minimum equity levels and non-negative operating income.

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 loan contract on September 17, 2025, with a syndicate led by Sumitomo Mitsui Banking Corporation. The loan is for 6,930 million yen with a repayment deadline of October 31, 2025, and includes financial covenants requiring maintenance of minimum equity levels and operational profitability.

The Takigami Steel Construction Co.,Ltd.

5918 · 瀧上工業株式会社

Mannenao Investment Business Limited Liability Partnership ceased to be a major shareholder of the company as its voting rights decreased from 12.28% to 9.98% of total voting rights on February 24, 2026. This change is reportable under the Financial Instruments and Exchange Act Article 24-5(4) as the shareholder's ownership fell below the major shareholder threshold.

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 loan agreement with a syndicate led by Sumitomo Mitsui Banking Corporation on August 18, 2025, for 6,030 million yen. The loan is unsecured with a repayment deadline of September 30, 2025, and includes financial covenants requiring maintenance of minimum equity levels and non-negative operating profit.

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 with a syndicate led by Sumitomo Mitsui Banking Corporation on July 18, 2025. The loan of 6,030 million yen is unsecured with repayment due by August 29, 2025, and includes financial covenants requiring maintenance of minimum equity levels and operating profitability.

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, executed a money loan contract with a syndicate led by Sumitomo Mitsui Banking Corporation on June 18, 2025. The loan of 5,220 million yen is unsecured with a repayment deadline of July 31, 2025, subject to financial covenants requiring maintenance of minimum equity and non-negative operating profit.

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 contract with a syndicate arranged by Sumitomo Mitsui Banking Corporation on May 16, 2025. The loan of 6,660 million yen is unsecured with a repayment deadline of June 30, 2025, and includes financial covenants requiring maintenance of minimum equity levels and non-negative operating income.

TESS Holdings Co., Ltd.

5074 · テスホールディングス株式会社

The consolidated subsidiary Tes Engineering Co., Ltd. entered into a money lending agreement on April 18, 2025, with a syndicate arranged by Sumitomo Mitsui Banking Corporation. The loan of 6,030 million yen is unsecured with a repayment deadline of May 30, 2025, and includes financial covenants requiring maintenance of minimum equity levels and operating profit thresholds.

SBI Insurance Group Co., Ltd.

7326 · SBIインシュアランスグループ株式会社

SBI Insurance Group announced the issuance of two tranches of stock acquisition rights (warrants): the 1st tranche of 6,000 rights to directors of the company and subsidiaries (exercisable for 600,000 common shares at ¥2,429 per share), and the 2nd tranche of 6,400 rights to employees (exercisable at the closing price on allocation date). Both tranches have an exercise period from July 2, 2029 to December 30, 2031, with the 1st tranche subject to cumulative net income performance condition of ¥10.5 billion over three fiscal years.

taisei oncho co.,ltd.

1904 · 大成温調株式会社

The company's board of directors approved the sale of its headquarters building (land and office/retail building) located in Shinagawa Ward, Tokyo on November 13, 2025. The transaction is expected to generate an extraordinary gain of approximately 4 billion yen, which will be recorded as special profit in the third quarter of fiscal year ending March 2027, with the scheduled transfer date of October 19, 2026.

ANAP HOLDINGS INC.

3189 · 株式会社ANAP

A major shareholder change occurred on February 27, 2026, where Godo Kaisha Yotsuya Digital Innovators became a principal shareholder with 10,320,900 shares (23.91% voting rights), while Capital Typhoon K.K. ceased to be a principal shareholder. The filing reports this shareholder transition in accordance with the Financial Instruments and Exchange Act.

Japan Asia Investment Company, Limited

8518 · 日本アジア投資株式会社

Investment Business Limited Partnership Governance Partners Management Fund is acquiring a significant equity stake in the company through stock acquisition and warrant exercises. The fund's voting rights will increase from 8.46% to 14.62% of total voting rights as of February 27, 2026.

SHANON Inc.

3976 · 株式会社シャノン

The company's audit committee resolved on February 20, 2026 to change its certified public accountant firm (会計監査人) from PwC Japan Limited Liability Partnership to EY Shinpan Limited Liability Partnership, effective March 30, 2026. The change aims to unify the auditor with the parent company Innovation Inc. and improve consolidated financial audit effectiveness and governance efficiency across the group.

TOBISHIMA HOLDINGS Inc

256A · 飛島ホールディングス株式会社

The company executed a new borrowing of 18.0 billion yen on February 27, 2026, under a syndicated commitment line facility arrangement with a total commitment of 20.0 billion yen, arranged by Mizuho Bank. The proceeds were used to repay existing debt of 18.0 billion yen, with maturity on March 31, 2026, and is unsecured with strict financial covenants including equity maintenance and profitability requirements.

Members Co. ,Ltd.

2130 · 株式会社メンバーズ

The company's Board of Directors resolved on February 26, 2026, to change the position of Representative Director. Tadashi Kenmochi, who currently serves as Representative Director and Chairman Executive Officer, will transition to Director on April 1, 2026 (scheduled). He holds 2,881,373 shares of the company.

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{ "event_category": "Financial - Earnings Revision", "event_subcategory": "Fund Performance and Distribution Report", "summary_en": "This is a periodic calculation report (臨時報告書) for three courses of a Hybrid Securities Fund filed under the Financial Instruments and Exchange Act. The report discloses fund performance metrics including net asset values, unit prices, distribution amounts, and period-over-period returns for three consecutive calculation periods (November 2025 - February 2026)

SANYEI CORPORATION

8119 · 株式会社三栄コーポレーション

The company's board of directors approved the dissolution and liquidation of its consolidated subsidiary Benexee Inc. on February 26, 2026. Concurrently, the parent company decided to write off a short-term loan receivable of ¥4.1 billion owed by the subsidiary. The resulting loss from debt forgiveness of ¥1.061 billion will be recorded as a special loss in FY2026, with minimal impact on consolidated financial results due to elimination in consolidation.

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{ "event_category": "Other - Unclassified", "event_subcategory": "Fund Performance and Distribution Report", "summary_en": "This is a periodic reporting document for the Hybrid Securities Fund Yen Course (ハイブリッド証券ファンド円コース) submitted under the Financial Instruments and Exchange Act. The report discloses fund performance data including distribution payments, net asset values, and unit prices for three consecutive calculation periods from November 2025 through February 2026.", "counterparty

SAAF Holdings Co., Ltd.

1447 · ITbookホールディングス株式会社

The company received a dividend payment of 443 million yen from its consolidated subsidiaries, Isuto Co., Ltd. and Tokyo Application Systems Co., Ltd. This dividend will be recorded as non-operating revenue of 443 million yen in the individual financial statements for the fiscal year ending March 2026, with no impact on consolidated earnings due to the intra-group transaction nature.

Nalnet Communications, Inc.

5870 · 株式会社ナルネットコミュニケーションズ

The company announced a planned change in representative director (CEO) following a board resolution on February 26, 2026. Shinjiro Tanaka will become the new Representative Director and President effective June 25, 2026 (pending shareholder approval), replacing current CEO Takashi Suzuki who will retire. Tanaka brings extensive international business experience from Itochu Corporation and various overseas subsidiaries.

MIKIKOGYO CO.,LTD.

1718 · 美樹工業株式会社

The company reports a change in its principal shareholder (筆頭株主) from Yoshimi Miki to Hiroya Miki as of February 20, 2026. Yoshimi Miki's voting rights decreased from 15.32% to 12.68% following a treasury stock acquisition, while Hiroya Miki's voting rights increased from 13.92% to 14.17%, establishing him as the new principal shareholder.

NISSIN CORPORATION

9066 · 株式会社日新

The company's board of directors approved changes to its representative directors effective April 1, 2026. Masataka Tsutsui will become the new Representative Director President, while current president Masahiro Tsutsui and representative director Shigeki Mine will step down. Concurrently, the company will undergo an absorption merger with its parent company BCJ-98 (to be renamed Nissin Co., Ltd.), with the current company name changing to Nissin Asset Management Co., Ltd.

BuySell Technologies Co.,Ltd.

7685 · 株式会社BuySell Technologies

The company decided on February 13, 2026 to acquire all shares of DelightZ Co., Ltd., a retailing business operator running 14 'Kaitori Senmonten Yosshii' stores in the Kyushu region (primarily Nagasaki and Saga prefectures), for 2.1 billion yen. Following a company split to separate non-core businesses (food, fishery, and estate liquidation operations), the company will make DelightZ a wholly-owned subsidiary through a simplified stock exchange to strengthen its store-based acquisition channel and realize synergies with existing group capabilities.

Sansha Electric Manufacturing Co.,Ltd.

6882 · 株式会社三社電機製作所

The company's Board of Directors meeting on February 26, 2026 resolved to change the representative director position. Tokuji Yamauchi will assume the role of Representative Director and President (concurrent with head of Corporate Planning Division) effective April 1, 2026, transitioning from his current position as Senior Executive Officer and Director.

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Yamaguči Nobúaki will step down as Representative Director (代表取締役) and President on April 1, 2026, transitioning to the position of Vice Chairman Executive Officer (副会長執行役員). This change was resolved at a Board of Directors meeting held on February 26, 2026.

Sumitomo Mitsui Trust Group, Inc.

8309 · 三井住友トラストグループ株式会社

Sumitomo Mitsui Trust Group has announced the appointment of Kiminori Watanabe as a new Representative Executive Officer and CFO, effective April 1, 2026. Watanabe, born May 26, 1967, is transitioning from his current role as Executive Officer Senior Managing Director and Finance Planning Department Head, bringing over 30 years of experience from his tenure at Sumitomo Mitsui Trust Bank since 1991.

Mizuno Corporation

8022 · 美津濃株式会社

Mizuno Corporation resolved to issue 10 billion yen in euro-denominated convertible bonds with acquisition clauses and warrants, maturing in 2031, targeted at European and Asian markets (excluding the US). The bonds are zero-coupon instruments with conversion features and settlement provisions dependent on stock price conditions. Net proceeds of approximately 9.95 billion yen will be allocated to retail store expansion, e-commerce platform development, sales channel expansion, and share buyback programs.

PACIFIC INDUSTRIAL CO.,LTD.

7250 · 太平洋工業株式会社

The company's board of directors resolved on February 26, 2026 to convene an extraordinary shareholders' meeting on March 24, 2026 to approve a stock consolidation in connection with an MBO transaction. CORE Corporation has acquired 31,938,413 shares (55.26% voting rights) through a public tender offer completed on February 2, 2026, with the final offer price set at 2,050 yen per share, representing a 40-56% premium to recent market prices.

MANDOM CORPORATION

4917 · 株式会社マンダム

Kalon Holdings Co., Ltd. completed a tender offer for the company's common shares from September 26, 2025 to February 25, 2026, acquiring 32,359,329 shares. Following settlement on March 4, 2026, Kalon Holdings will become the parent company and largest shareholder with 71.69% voting rights, triggering a change of control.

Daiwa Securities Group Inc.

8601 · 株式会社大和証券グループ本社

The company's Board of Directors approved a change in Representative Executive Officer effective April 1, 2026. Satoh Eiji will assume the position of Representative Executive Officer (Executive Vice President), while the incumbent Niitsuma Shinsuke will step down on March 31, 2026. The transition involves a leadership change at the highest executive level.

Next Generation Technology Group, Inc.

319A · 株式会社技術承継機構

The company's consolidated subsidiary NGTG17 has decided to acquire all issued shares of Horikoshi Seiki Co., Ltd. To finance this acquisition, NGTG17 entered into a loan agreement with a syndicate led by Yokohama Bank on February 26, 2026, for 2.1 billion yen with a 10-year repayment period and financial covenants.

Sanyo Homes Corporation

1420 · サンヨーホームズ株式会社

Orix Corporation's shareholding in the company decreased from 12.52% to 9.93% of voting rights, resulting in it no longer qualifying as a major shareholder. The change occurred on February 25, 2026, due to the exercise of new share acquisition rights and issuance of new shares.

Dai Nippon Toryo Company, Limited

4611 · 大日本塗料株式会社

The company entered into an equity transfer agreement on February 26, 2026, to divest 100% of its shares in Dean Special Coatings (Zhejiang) Co., Ltd. to CHUGOKU MARINE PAINTS (HONG KONG), LIMITED. The transaction is expected to be executed in late July 2026 and will result in a special loss of approximately 1,200 million yen on consolidated basis.