📋 Material Events 1942

G Three Holdings Corporation

3647 · 株式会社ジー・スリーホールディングス

Green Energy System Investment Business Limited Liability Partnership exercised its 11th tranche of stock acquisition rights, increasing its shareholding from 9.95% (20,300 voting rights) to 13.38% (28,370 voting rights) as of February 18, 2026. This exercise of warrants resulted in a change in the company's major shareholder composition.

Adastria Co., Ltd.

2685 · 株式会社アダストリア

On February 18, 2026, the company's Board of Directors resolved to modify the representative director position. Michio Fukuda (born July 10, 1946) will transition from Representative Director Chairman to Chairman (non-representative) effective March 1, 2026. This change was filed in accordance with the Financial Instruments and Exchange Act.

Anshin Guarantor Service Co.,Ltd.

7183 · あんしん保証株式会社

Amizaka Kou, an advisor (相談役) to the company and major shareholder, passed away on February 17, 2026, resulting in a material change in major shareholder composition. His voting rights decreased from 18,713 shares (10.78% of total shareholder voting rights) to zero, triggering the extraordinary report filing requirement.

Nihon Tokushu Toryo Co., Ltd.

4619 · 日本特殊塗料株式会社

Nippon Special Paint Co., Ltd. has established an Employee Stock Ownership Plan (ESOP) trust mechanism to allocate company shares and cash equivalents to eligible domestic employees over a 4-year period from fiscal year ending March 31, 2027 to fiscal year ending March 31, 2030. The company will dispose of 183,200 treasury shares valued at approximately ¥436.9 million to the trust, with allocation based on performance-adjusted point systems.

GMO TECH Holdings, Inc.

415A · GMO TECHホールディングス株式会社

GMO TECH Co., Ltd. (a consolidated subsidiary) will acquire all shares of Tri Hatch Inc. for approximately 642 million yen, approved by the board on February 17, 2026. Tri Hatch, which operates MEO and SaaS/web marketing services with about 70,000 store customers, will become a wholly-owned grandchild company and designated as a specified subsidiary due to its asset size relative to parent company capital.

KH Neochem Co.,Ltd.

4189 · KHネオケム株式会社

Strategic Capital Corporation (株式会社ストラテジックキャプタル) has increased its shareholding in the company from 8.31% to 11.55% of total voting rights, crossing a material threshold that triggers mandatory disclosure under the Financial Instruments and Exchange Act. The stake increase occurred on February 9, 2026, based on a large volume shareholding report filed with the Kanto Finance Bureau.

CAREER CO.,LTD

6198 · 株式会社キャリア

The company recognized a social insurance premium refund of 81 million yen in the first quarter of fiscal year 2026 (October 1, 2025 - December 31, 2025). The refund resulted from overpayment of social insurance contributions for registered temporary staffing employees. This amount was recorded as non-operating revenue and materially impacts the company's financial results.

Achilles Corporation

5142 · アキレス株式会社

The company entered into a syndicated loan agreement on February 18, 2026, arranged by Mizuho Bank for 5.4 billion yen with a maturity date of February 20, 2029. The loan is unsecured but includes financial covenants requiring the company to maintain consolidated and non-consolidated net assets at no less than 75% of the prior fiscal year-end level and to avoid consecutive operating losses over two consecutive fiscal periods.

Primo Global Holdings Co., Ltd.

367A · プリモグローバルホールディングス株式会社

The company received a dividend from its consolidated subsidiary Primo Japan Co., Ltd. on February 13, 2026, in the form of a loan receivable. The dividend will be recorded as received dividend income in the parent company's individual financial statements for the fiscal year ending August 2026, with no impact on consolidated results due to intercompany elimination.

NICHIREI CORPORATION

2871 · 株式会社ニチレイ

The company's Board of Directors resolved on February 17, 2026, to appoint Kazunori Shimamoto as the new Representative Director and President (CEO) effective April 1, 2026. Concurrently, the incumbent Representative Director and President Kenya Ookushi will transition to Representative Director and Chairman.

Sekisui Chemical Co.,Ltd.

4204 · 積水化学工業株式会社

The company's Board of Directors resolved on February 17, 2026 to change its representative director. Katoh Keita will transition from Representative Director President to Chairman of the Board effective March 1, 2026. Nishida Tatsuya will become the new Representative Director effective June 19, 2026, pending his election as a director at the 104th Annual General Meeting of Shareholders.

KOKUYO CO.,LTD.

7984 · コクヨ株式会社

Oasis Management Company Ltd. has become the new largest shareholder of the company, increasing its voting rights from 279,439 shares (6.57%) to 436,820 shares (10.28%) as of February 6, 2026. This change in major shareholder composition is reported pursuant to the Financial Instruments and Exchange Act Article 24-5(4) and related Cabinet Office ordinances.

SYSMEX CORPORATION

6869 · シスメックス株式会社

Sysmex Corporation announced a change in its Representative Director position effective April 1, 2026. Matsui Ishine will assume the role of Representative Director President, transitioning from his current position as Director and Senior Executive Officer, while incumbent Representative Director President Asano Kaoru will step down to become a Director.

TOIN CORPORATION

7923 · トーイン株式会社

CSRI 5-gou Corporation has successfully completed a tender offer for the company's ordinary shares from December 23, 2025 to February 16, 2026, acquiring 4,637,030 shares. Upon settlement on February 24, 2026, CSRI 5-gou will become the new parent company and major shareholder with 92.13% voting rights, while CSRI 4-gou Corporation (CSRI 5-gou's parent) will also become a parent company through indirect ownership.

Life Intelligent Enterprise Co.,Ltd.

5856 · 株式会社エルアイイーエイチ

A major shareholder, Toyohiko Yamaguchi, ceased to be a principal shareholder of the company as his voting rights decreased from 129,513 shares (11.88%) to 100,731 shares (9.24%) on January 29, 2026. This change falls below the threshold for classification as a major shareholder and is being reported in accordance with the Financial Instruments and Exchange Act Article 24-5(4).

Life Intelligent Enterprise Co.,Ltd.

5856 · 株式会社エルアイイーエイチ

The company resolved to absorb and merge two wholly-owned subsidiaries: Wits Co., Ltd. (education business) and Orion Capital Investment Co., Ltd. (insurance agency business) as of March 31, 2026. The merger aims to streamline dormant companies within the group, reduce management costs, and improve operational efficiency.

Nousouken Corporation

3541 · 株式会社農業総合研究所

SOMPO Light Vortex Co., Ltd. successfully completed a tender offer for the company's ordinary shares and stock options, acquiring 16,562,200 shares and 1,600 warrant certificates. Following settlement on February 24, 2026, SOMPO Light Vortex and its parent company SOMPO Holdings Co., Ltd. become the new parent company with 76.68% voting rights, replacing previous major shareholders Plenty Inc. and Japan Post Capital Co., Ltd.

SANKYO SEIKO CO.,LTD.

8018 · 三共生興株式会社

The company announced a change in representative director effective April 1, 2026. Tetsuji Miyazawa, currently serving as Senior Executive Officer, will be promoted to Representative Director and President (CEO), while the incumbent CEO Akira Inoue will transition to Representative Director and Chairman. This succession represents an internal promotion from within the company's leadership ranks.

Cominix Co.,Ltd.

3173 · 株式会社Cominix

The company announced a structural reform of its consolidated subsidiary Toshin Shokai Co., Ltd., aligned with the medium-term management plan. The reform includes optimization of order processing operations, logistics efficiency improvements, and product strategy review. The company expects to record 249 million yen in business restructuring costs and 461 million yen in related subsidiary stock impairment losses in the fiscal year ending March 2026.

Axelspace Holdings Corp.

402A · 株式会社アクセルスペースホールディングス

Axelspace Holdings decided to issue 7,000 stock warrants (新株予約権) as employee stock options to approximately 70 employees of the company and its subsidiaries. The warrants are exercisable from February 28, 2028 to February 27, 2036, with an exercise price based on the average closing price of the prior month plus a 5% premium. A total of 700,000 common shares can be acquired upon full exercise of all warrants.

Maxell, Ltd.

6810 · マクセル株式会社

The company entered into a loan agreement on February 17, 2026 with regional banks and cooperative financial institutions for 10 billion yen. The loan includes financial covenants requiring maintenance of consolidated equity at 75% of the prior period's level and prohibition of consecutive periods of operating losses.

Sumitomo Forestry Co.,Ltd.

1911 · 住友林業株式会社

Sumitomo Forestry's 100% subsidiary (SFAM) will acquire all shares of Tri Pointe Homes, Inc. (TPH), a major NYSE-listed US homebuilder, through a reverse triangle merger. The acquisition, valued at approximately $4.281 billion and priced at $47 per share, is planned for Q2 2026 and aims to expand Sumitomo Forestry's US single-family housing business to approximately 18,000 units annually, supporting its Mission TREEING 2030 target of 23,000 units.

Metaplanet KK

3350 · 株式会社メタプラネット

The company recorded a significant Bitcoin valuation loss of 102,188 million yen in the fourth quarter of the fiscal year ending December 2025, reflecting temporary price fluctuations in its cryptocurrency holdings. This was partially offset by foreign exchange gains of 506 million yen from foreign currency-denominated receivables, along with stock issuance cost amortization of 418 million yen, resulting in a tax benefit adjustment of 1,503 million yen.

Yamatane Corporation

9305 · 株式会社ヤマタネ

Yamatanet Corporation conducted a treasury stock disposition of 110,000 shares to 1,100 employees and subsidiaries' employees at ¥2,307 per share, totaling ¥253.77 million. The shares are subject to transfer restrictions until July 3, 2026, or until employees retire, with vesting conditions tied to continued employment and potential early vesting upon approved departure or organizational restructuring.

Life Foods Co., Ltd.

3065 · 株式会社ライフフーズ

The representative director and chairman of the company resigned on February 28, 2026, transitioning to the position of board chairman. Following a successful handover period after appointing Yoshihiro Sugamoto as representative director president in March 2025, the outgoing executive completed the succession process. The company's management structure shifts from dual representation to single representation, with no changes to management policies or business strategies.

SMS CO.,LTD

2175 · 株式会社エス・エム・エス

The company's leading major shareholder has changed from MORO LLC to Oasis Management Company Ltd. as of February 3, 2026. Oasis Management Company Ltd. increased its voting rights from 12.23% to 18.77% (153,976 voting rights), while MORO LLC maintained its 18.74% stake but is no longer the leading shareholder.

OSAKA Titanium technologies Co.,Ltd

5726 · 株式会社大阪チタニウムテクノロジーズ

Kobe Steel Co., Ltd. (神戸製鋼所) ceased to be a major shareholder of the company on February 16, 2026. The shareholding decreased from 38,000 voting rights (10.35%) to 36,500 voting rights (9.94%), falling below the major shareholder threshold. This change is reported in accordance with the Financial Instruments and Exchange Act Article 24-5(4).

NEXYZ.Group Corporation

4346 · 株式会社ネクシィーズグループ

The company's consolidated subsidiary will sell a portion of its investment securities holdings, specifically one listed stock. This transaction is expected to generate an extraordinary gain of approximately 2,015 million yen, which will be recorded as special profit in the second quarter of fiscal year ending September 2026.

Wakita & Co.,LTD.

8125 · 株式会社ワキタ

A major shareholder, Yugenkaisha Wakita Kousan, will cease to be classified as a major shareholder following the company's treasury stock disposal scheduled for February 16, 2026. The shareholder's voting rights remain at 49,714 shares, but their percentage of total voting rights will decrease from 10.02% to 9.98% due to an increase in total voting rights from the disposal of 1,972 treasury shares.

DLE Inc.

3686 · 株式会社ディー・エル・イー

The company reported material financial events for fiscal year ending March 2026, including a 15 million yen gain from selling subsidiary MyFeel Inc., a 41 million yen impairment loss on investment securities held by subsidiaries, and a planned 90 million yen gain from selling company-held investment securities approved on February 16, 2026.

Smartvalue Co.,Ltd.

9417 · 株式会社スマートバリュー

The company recorded an impairment loss of 68,704 thousand yen on fixed assets of its Osaka headquarters following a decision to relocate the business office. Additionally, the subsidiary One Bright KOBE reversed part of its deferred tax assets and recorded a tax adjustment of 157,700 thousand yen based on conservative assessment of recoverability in light of future business performance.

Kufu Company Holdings Inc.

4376 · 株式会社くふうカンパニー

The company executed a termination agreement for a capital and business alliance contract with Hayate 223 Corporation on February 16, 2026. As a result, the company recorded a contract cancellation settlement amount of 303 million yen as extraordinary gain in the first quarter of fiscal year ending September 2026, reversing previously recorded expenses.

DLE Inc.

3686 · 株式会社ディー・エル・イー

The company's board of directors resolved on February 16, 2026 to dissolve Conecti Inc., a consolidated subsidiary engaged in business metaverse operations. The company will hold 100% voting rights in Conecti prior to dissolution, and the liquidation process will proceed in accordance with applicable laws and regulations.

DyDo GROUP HOLDINGS,INC.

2590 · ダイドーグループホールディングス株式会社

The company recognized a consolidated impairment loss of 29,826 million yen in its domestic beverage business due to declining profitability in vending machine channels caused by rising raw material costs and increased consumer cost-consciousness. Additionally, the company recorded a 466 million yen valuation loss on subsidiary shares and a 26,169 million yen allowance for doubtful accounts for its subsidiary Daido Drinko Co., Ltd., though these individual losses are eliminated in consolidated accounts.

giftee Inc.

4449 · 株式会社ギフティ

Gifti Inc. announced a corporate restructuring through a stock transfer (単独株式移転) to establish a pure holding company, Gifti Group Inc., effective July 1, 2026. The restructuring aims to separate management functions from business operations, enhance group governance, and accelerate growth strategy through improved capital allocation and M&A decision-making. The current Gifti Inc. will become a wholly-owned subsidiary of the newly established holding company, with shareholders receiving a 1:1 share exchange ratio.

Genki Global Dining Concepts Corporation

9828 · 元気寿司株式会社

{ "event_category": "M&A - Acquisition", "event_subcategory": "Acquisition of foreign subsidiary (sushi restaurant chain in Australia)", "summary_en": "The company resolved to acquire all shares of Food Odyssey Pty. Ltd., an Australian sushi chain operator branded as 'Sushi Sushi' with approximately 180 stores, making it a wholly-owned subsidiary. This acquisition is part of the company's overseas expansion strategy to strengthen its international sushi business and become a leading global

Artra Group Corporation

6029 · アトラグループ株式会社

The company recorded a reversal of allowance for doubtful accounts of 49.761 million yen due to improved financial condition of a consolidated subsidiary, while simultaneously recording a new provision of 83.310 million yen for receivables from toy sales subsidiary. The net impact on consolidated results is nil due to intercompany elimination.

WILLs Inc.

4482 · 株式会社ウィルズ

The company reversed a debt guarantee loss reserve of ¥145 million related to subsidiary NetMyth Co., Ltd., while simultaneously recording a bad debt reserve of ¥293 million for receivables from the same subsidiary as of the fiscal year ending December 31, 2025. These adjustments reflect changes in the subsidiary's financial condition and have no net impact on consolidated earnings as they are eliminated in consolidation.

HEALIOS K.K.

4593 · 株式会社ヘリオス

The company reported material accounting adjustments to its individual and consolidated financial statements for the fiscal year ending December 2025, effective February 16, 2026. These adjustments include non-operating revenue and expenses, affiliate stock evaluation losses, derivative valuation gains, and profit allocation transfers related to the Saisei bioventures fund, collectively impacting financial position and performance.

YAMADA HOLDINGS CO.,LTD.

9831 · 株式会社ヤマダホールディングス

The Denki segment of the company group has decided to aggressively dispose of accumulated inventory from store closures as part of a balance sheet reform initiative. This one-time inventory disposal is expected to negatively impact the fiscal year ending March 2026 results by approximately 24 billion yen in gross profit and operating profit, and approximately 16 billion yen in net income attributable to parent company shareholders.

The Musashino Bank, Ltd.

8336 · 株式会社武蔵野銀行

Representative Director Otomo Ken has resigned from his positions as Representative Director and Director, effective February 28, 2026. He will transition to a position as head of the Business Division. The company filed this extraordinary report in accordance with the Financial Instruments and Exchange Act.

BRIDGESTONE CORPORATION

5108 · 株式会社ブリヂストン

The company resolved an uncertain tax position relating to capital repayment received from subsidiary Bridgestone Americas, Inc. in fiscal 2021. After reviewing the tax treatment with external experts and determining that uncertainty has decreased, the company reversed the full amount of the deferred tax adjustment, resulting in a 53.6 billion yen decrease in corporate taxes and related tax adjustments for the fiscal year ended December 2025.

繧ー繝ェ繝シ繝ウ繝「繝ウ繧ケ繧ソ繝シ譬ェ蠑丈シ夂、セ

157A · グリーンモンスター株式会社

The company resolved to establish Financial Free College Co., Ltd. as a 100% owned subsidiary with capital of ¥10 million on February 13, 2026. Concurrently, the subsidiary will acquire the investment school business from Buy and Hold Co., Ltd. for ¥300 million, with execution scheduled for February 27, 2026.

KONAKA CO.,LTD.

7494 · 株式会社コナカ

The company has determined that certain deferred tax assets are not fully recoverable and will write down the deferred tax asset balance in the first quarter of fiscal year ending September 2026. This accounting adjustment will result in a tax expense charge of ¥698 million on a consolidated basis and ¥670 million on a non-consolidated basis.

SANDEN CORPORATION

6444 · サンデン株式会社

The company recorded dividend income of 5.2 billion yen from its affiliate company Huayu Sanden Automotive Air Conditioning Co., Ltd. (华域三电汽车空调有限公司) in the individual financial statements for the fiscal year ended December 2025. This dividend income is eliminated in consolidated financial statements, therefore having no impact on consolidated results.

KAJIMA CORPORATION

1812 · 鹿島建設株式会社

The company's Board of Directors resolved on February 12, 2026 to appoint Masafumi Kiryu as the new Representative Director and President. Kiryu will be promoted to Vice President Executive Officer on April 1, 2026, and will assume the CEO position in late June 2026 following the ordinary general meeting of shareholders and subsequent board resolution.

Mitsui Mining and Smelting Company, Limited

5706 · 三井金属鉱業株式会社

On February 13, 2026, the company's Board of Directors resolved to change the position of Representative Director. Takeshi Nounobi will transition from Representative Director President to Chairman of the Board, effective April 1, 2026.

Amvis Holdings, Inc.

7071 · 株式会社アンビスホールディングス

Ambis Holdings Inc. resolved on February 13, 2026 to issue two series of stock acquisition rights (Series 6 and Series 7) to directors and employees. Series 6 consists of 5,000 warrants (500,000 shares) priced at 100 yen per warrant with total proceeds of 294.5 million yen, while Series 7 consists of 20,000 warrants (2,000,000 shares) priced at 500 yen per warrant with total proceeds of 1.032 billion yen, both with performance-based vesting conditions tied to segment revenue targets.

Di-Nikko Engineering Co.,Ltd.

6635 · 株式会社大日光・エンジニアリング

The company recognized a special loss of ¥265 million due to impairment charges in the domestic segment, driven by delayed price pass-through of rising raw material costs and declining profitability in agriculture-related businesses. Additionally, the company recorded a special gain of ¥174 million from the sale of investment securities.

Aplix Corporation

3727 · 株式会社アプリックス

The company recognized impairment losses on software assets related to its 'BRIDGE AD' retail media platform due to delayed service launch and revenue realization, as well as goodwill impairment on subsidiary Smart Mobile Communications (SMC) due to declining MVNE/MVNO service users. Total impairment charges amounted to 193 million yen (80 million yen software impairment and 113 million yen goodwill impairment).