📋 Material Events 1942

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.

TPR CO .,LTD.

6463 · TPR株式会社

TPR Corporation's Board of Directors approved the implementation of a stock reward trust program (BBT-RS and BBT) designed to link executive compensation to company performance and stock price movements. The program involves a trust arrangement with Mizuho Trust Bank to distribute 565,632 shares (including 468,700 newly issued shares) to 10 directors and 15 non-director executive officers, with restricted stock provisions during employment.

Kurita Water Industries Ltd.

6370 · 栗田工業株式会社

The company reports a planned transition in representative executive officer positions effective April 1, 2026. Kunio Kuze will be promoted from Executive Officer to Representative Executive Officer (Senior Managing), while Shuji Shirode will step down from Representative Executive Officer (Senior Managing) to Director. Both transitions are subject to formal approval at the board meeting scheduled for April 1, 2026.

CHUGOKU MARINE PAINTS,LTD.

4617 · 中国塗料株式会社

The company has decided to acquire a 100% stake in Dian Te Coatings (Zhejiang) Limited, a Chinese paint manufacturer and subsidiary of Dai Nippon Paints, through its Hong Kong subsidiary CHUGOKU MARINE PAINTS. The acquisition is scheduled for late July 2026 and will result in the target company becoming a specified subsidiary (特定子会社) of the reporting company.

Kioxia Holdings Corporation

285A · キオクシアホールディングス株式会社

BCPE Pangea Cayman, L.P., a major shareholder, reduced its shareholding from 817,800 shares (15.15% of voting rights) to 438,028 shares (8.12% of voting rights), resulting in the loss of major shareholder status. The change was reported on February 25, 2026, based on a large shareholding change report filed with the Kanto Financial Bureau on February 19, 2026.

FUJITA KANKO INC.

9722 · 藤田観光株式会社

The company's board of directors resolved on February 26, 2026 to execute an absorptive merger between consolidated subsidiaries, whereby WHG Kansai Co., Ltd. (a designated subsidiary wholly owned by the company) will be absorbed into WHG West Japan Co., Ltd. (another company subsidiary). Following the merger scheduled for July 1, 2026, WHG Kansai Co., Ltd. will cease to exist and will no longer be a designated subsidiary of the company.

METAWATER Co.,Ltd.

9551 · メタウォーター株式会社

MetaWater Inc. established a J-ESOP (Japanese Employee Stock Ownership Plan) trust-based scheme to distribute 60,000 shares to approximately 170 employees based on individual contribution points. The shares, valued at ¥247.8 million, will be acquired through treasury stock disposition and managed by Mizuho Trust Bank, with actual distribution contingent on employees meeting specified eligibility requirements.

Balnibarbi Co., Ltd.

3418 · 株式会社バルニバービ

The company entered into a money loan agreement with Mizuho Bank on February 26, 2026, for 1,000 million yen with financial covenants attached. The loan includes a special overdraft facility maturing January 31, 2027, with subsequent conversion to a standard loan maturing February 29, 2036. The agreement contains two financial covenants: maintaining consolidated net assets at no less than 75% of the higher of FY2025 or the prior fiscal year-end levels for two consecutive periods, and ensuring consolidated operating income does not show losses for two consecutive fiscal periods starting FY2026.

taisei corporation

1801 · 大成建設株式会社

Taisei Corporation announced a planned change in its representative director (CEO) effective April 1, 2026. Junichi Kasahara, currently Senior Executive Officer and Director, will assume the position of Representative Director, while incumbent Masahiko Okada will transition to Director status.

Oenon Holdings, Inc.

2533 · オエノンホールディングス株式会社

The company's consolidated subsidiary Godo Shoseizai Co., Ltd. resolved to pay a dividend of 2,203 million yen to shareholders at its scheduled general shareholders' meeting on March 19, 2025. The parent company will receive 2,203 million yen in dividend income on March 23, 2025, which will be recorded as dividend income in single-entity financial statements for the fiscal year ending December 2025.

taisei corporation

1801 · 大成建設株式会社

The company will invest 18.5 billion yen in a newly established special purpose company called 'Tenjin 1-Chome Development Project SPC' scheduled for completion in December 2031. This investment will constitute 100% ownership and make the SPC a specified subsidiary, as the investment amount exceeds 10% of the company's capital.

Broadmedia Corporation

4347 · ブロードメディア株式会社

The company's board of directors resolved on February 25, 2026 to divest its subsidiary Tsuri Vision Inc., which operates fishing-focused TV programming and video streaming services. The stock sale is expected to generate approximately 270 million yen in special profit in the individual financial statements for the fiscal year ending March 31, 2026, though this will be eliminated in consolidated results.

YOMEISHU SEIZO CO.,LTD.

2540 · 養命酒製造株式会社

The company recognized an impairment loss of 2,930 million yen on its Kurasuwaa-related business asset group as of February 24, 2026. The impairment was triggered by planned business restructuring and significant divergence from the original business plan, making investment recovery unfeasible.

SEIBU HOLDINGS INC.

9024 · 株式会社西武ホールディングス

Seibu Holdings announced a change in representative directors effective April 1, 2026. Gotoh Takashi will transition from Representative Director and Chairman/CEO to Chairman, while Nishiyama Ryuichiro will assume the role of Representative Director and President, adding the CEO title to his existing COO position.

PCA CORPORATION

9629 · ピー・シー・エー株式会社

The company sold a portion of its investment securities holdings on February 26, 2026, resulting in an investment securities gain. The gain of 887 million yen will be recorded as extraordinary income in the fiscal year ending March 2026.

Mynet Inc.

3928 · 株式会社マイネット

The company's board of directors has decided to change its audit firm from EY Shin Nihon LLC to A&A Partners Audit Corporation, effective at the conclusion of the 20th Annual Shareholders' Meeting scheduled for March 26, 2026. The change was made after comprehensive consideration of audit fees, fresh audit perspectives, audit efficiency, and the firm's expertise and quality management systems.

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Kennedix Co., Ltd., a consolidated subsidiary of the filing company, decided to acquire additional equity interests in the Tokumei Kumiai Akasaka Maverick (an anonymous partnership currently accounted for using the equity method) on February 25, 2026, converting it into a subsidiary. The acquisition will result in the partnership becoming a specified subsidiary of the company with a total investment amount of 9,497 million yen.

TOHO TITANIUM COMPANY LIMITED

5727 · 東邦チタニウム株式会社

JX Metals Corporation will acquire the company as a wholly-owned subsidiary through a stock exchange, resolving the parent-subsidiary listed company structure and enabling streamlined group governance. The company's shareholders will receive JX Metals shares in exchange, allowing them to benefit from anticipated synergies including technology integration, supply chain optimization, and new business development.

Forval RealStraight Inc.

9423 · 株式会社フォーバル・リアルストレート

The company's consolidated subsidiary has decided to sell five listed stocks held as investment securities, generating an investment securities gain of 74 million yen. This gain will be recorded as an extraordinary profit in the consolidated financial results for the fiscal year ending March 2026.

Wellness Communications Corporation

366A · ウェルネス・コミュニケーションズ株式会社

The company has decided to acquire all shares of Ashita no Team Co., Ltd. (a human resources consulting and HR tech company) and make it a subsidiary through a board resolution on February 20, 2026. The acquisition is valued at approximately 28 million yen (0.4 million yen for stock plus 27 million yen in advisory fees). Upon acquisition, Ashita no Team will become a specified subsidiary with the acquiring company holding 67.6% voting rights as of February 27, 2026.

JX Metals Corporation

5016 · JX金属株式会社

JX Metals announced a stock exchange transaction to make Toho Titanium a wholly-owned subsidiary, with JX Metals as the parent company. The transaction was approved by both companies' boards on February 25, 2026. The merger aims to enhance group synergies, streamline governance by eliminating parent-subsidiary listing conflicts, and accelerate strategic decision-making in advanced materials and resource supply.

Sun Frontier Fudousan Co.,Ltd.

8934 · サンフロンティア不動産株式会社

The company announced a capital and business alliance with Itochu Corporation, involving a third-party share allocation of new shares to Itochu. The agreement includes restrictions requiring Itochu's prior written consent for certain corporate actions, including share issuance that would dilute Itochu's voting rights and business partnerships that conflict with the alliance or involve Itochu's competitors.

Kyodo Printing Co., Ltd.

7914 · 共同印刷株式会社

Yasuo Fujimori, the current Representative Director and Chairman, will transition to Chairman of the Board of Directors effective April 1, 2026. This change was resolved at the Board of Directors meeting held on February 25, 2026, representing a shift in executive leadership roles.

4Cs HD Co., Ltd.

3726 · 株式会社フォーシーズHD

The company issued new shares through a third-party allocation to DENBA JAPAN Corporation, with payment completed on February 24, 2026. This resulted in a change to the company's major shareholders, with DENBA JAPAN's voting rights increasing from 1.46% to 16.06% of total shareholder voting rights.

AISIN CORPORATION

7259 · 株式会社アイシン

The company's Board of Directors approved on February 25, 2026, a planned change in representative directors. Yoshihisa Yamamoto will be promoted to Representative Director and Senior Executive Officer, replacing Shintaro Itoh, who will transition to an Audit & Supervisory Board member candidate following his retirement as executive officer on March 31, 2026.

MITSUBISHI MOTORS CORPORATION

7211 · 三菱自動車工業株式会社

Mitsubishi Motors announced the succession of its Representative Executive Vice President (Sales Division) effective April 1, 2026. Kyoya Igarashi, currently Executive Officer and Vice President, will assume the role, replacing Tatsuo Nakamura who is retiring. Igarashi brings 35 years of automotive industry experience including domestic and international sales leadership.