📋 Material Events 2170

Software Service, Inc.

3733 · 株式会社ソフトウェア・サービス

Software Service Co., Ltd. resolved to distribute 7,695 treasury shares to 4 internal directors (excluding outside directors) as restricted stock awards under its restricted stock compensation program. The shares, valued at 13,480 yen per share (totaling 103,728,600 yen), will be allocated on February 13, 2026, with a 3-year restriction period (through February 12, 2029) and will be held in custody at Nomura Securities.

Mizuho Leasing Company, Limited

8425 · みずほリース株式会社

The company's wholly-owned subsidiary ML Power acquired a majority stake in Japan Infrastructure Fund Investment Corporation (66.92% voting rights) through a public tender offer completed on January 29, 2026. As a result, the target company becomes a subsidiary and is reclassified as a specified subsidiary of the reporting company due to its asset size exceeding 10% of the company's capital.

Wakita & Co.,LTD.

8125 · 株式会社ワキタ

On January 23, 2026, the company's board of directors approved the disposition of 198,000 treasury shares to 990 employees of subsidiary companies under a restricted stock award program. The shares are priced at 2,026 yen per share with a total value of 401,148,000 yen and will be subject to a transfer restriction period from February 16, 2026 to March 9, 2029.

Fujisan Magazine Service Co.,Ltd.

3138 · 株式会社富士山マガジンサービス

Representative Director and President COO Antonio Kamiya submitted his resignation on January 23, 2026, effective February 1, 2026. Following his resignation, he will transition to the position of Director and COO, managing the President's Office. This management change is being reported in accordance with the Financial Instruments and Exchange Act.

NEXON Co., Ltd.

3659 · 株式会社ネクソン

The company reports a change in major shareholders as of December 26, 2025. Ayar First Investment Company acquired 11.17% voting rights (885,489 shares), replacing Public Investment Fund which reduced its stake to 0%. This extraordinary report is filed in accordance with the Financial Instruments and Exchange Act Article 24-5(4).

Premium Group Co., Ltd.

7199 · プレミアグループ株式会社

The company will receive dividend payments totaling 3,029 million yen from three consolidated subsidiaries (Premier Co., Ltd., Premier Warranty Service Co., Ltd., and Car Premier Co., Ltd.) as of January 23, 2026. These dividends will be recorded as operating revenue in the individual financial statements for the fiscal year ending March 2026, with no impact on consolidated results due to intercompany elimination.

AnyMind Group Inc.

5027 · AnyMind Group株式会社

The company resolved to acquire all shares of Bcode Inc., a creator support business with over 700 livestreamers primarily on TikTok LIVE, through its wholly-owned subsidiary GROVE Co., Ltd., effective January 16, 2026. This acquisition strengthens the company's social media marketing and social commerce capabilities by integrating Bcode's livestreaming and affiliate marketing assets with the company's existing content creation and talent management operations.

NIPPON SANSO HOLDINGS CORPORATION

4091 · 日本酸素ホールディングス株式会社

The company will receive a dividend of approximately 85 million euros (15,672 million yen) from its consolidated subsidiary Nippon Gases Euro-Holding S.L.U., with expected receipt in March 2026. This dividend will be recognized as operating revenue in the company's individual financial statements for the fiscal year ending March 2026, but will have no impact on consolidated results due to intercompany elimination.

WAKACHIKU CONSTRUCTION CO.,LTD.

1888 · 若築建設株式会社

The company executed a new borrowing of ¥13.0 billion under a syndicated commitment line facility with 10 financial institutions on January 23, 2026, to replace an existing ¥11.5 billion loan. The facility is unsecured with a maturity date of February 6, 2026, and is subject to financial covenants regarding minimum equity levels and operating profit requirements.

Nippon Signal Company,Limited

6741 · 日本信号株式会社

The company's Board of Directors resolved on January 20, 2026, to change its representative director positions effective April 1, 2026. Ryuichi Goto will be promoted from Senior Executive Officer to Representative Director and President, while current President Hidehiko Tsukamoto will transition to Representative Director and Chairman.

Japan Securities Finance Co.,Ltd.

8511 · 日本証券金融株式会社

The company's Board of Directors approved changes to representative executive officers effective April 1, 2026. Shimoyamada Morikuni will become Representative Executive Officer President, and Okada Yutaka will become Representative Executive Officer Vice President, while incumbent Kushida Seiki will transition to Chairman of the Board of Directors.

Japaniace Co.,Ltd.

9558 · ジャパニアス株式会社

Japanias Inc. will acquire the IT engineer dispatch and SES (System Engineering Services) business from its subsidiary Copro Technology Co., Ltd. through an absorption-type spin-off. The acquisition includes the 'BestCareer IT' job recruitment site and is valued at 730 million yen. The transaction is expected to strengthen Japanias' competitive position and stabilize its revenue base as it pursues its long-term vision of creating 10,000 digital engineers.

SAC'S BAR HOLDINGS INC.

9990 · 株式会社サックスバーホールディングス

SaxonBar Holdings has decided to allocate 226,900 shares of common stock with transfer restrictions to 700 employees and subsidiary directors/employees as part of an employee incentive program approved on January 23, 2026. The allocation price is 821 yen per share for a total of approximately 186.3 million yen, with a 3-year restriction period from July 1, 2026 to July 1, 2029, designed to promote management participation awareness and long-term value sharing with shareholders.

Tokuyama Corporation

4043 · 株式会社トクヤマ

Tokuyama Corporation's Board of Directors resolved on January 23, 2026 to implement a management succession plan effective April 1, 2026. Tomohiro Inoue will be promoted from Senior Managing Executive Officer and Director to President and Representative Director, while current President Hiroshi Yokota will transition to Chairman and Representative Director, and Fumitaka Iwasaki will step down from Representative Director.

Tokyo Century Corporation

8439 · 東京センチュリー株式会社

Aviation Capital Group LLC, a consolidated subsidiary, issued bonds totaling $400 million and $600 million with maturity dates in April 2029 and January 2033 respectively on January 22, 2026. The bonds are unsecured and subject to a financial covenant requiring the subsidiary to maintain unencumbered assets at a minimum of 125% of unsecured liabilities on a consolidated basis.

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One ETF (東証REIT指数) reported its 26th calculation period results ending January 8, 2026, with a distribution of 2,040 yen per 100 units and a period-end NAV of 208,856 yen per 100 units. The fund showed a period return of 7.12% with total net assets of approximately 185.1 billion yen across 88.6 million units outstanding.

KIMURATAN CORPORATION

8107 · 株式会社キムラタン

A major shareholder, Raison Direction Co., Ltd., ceased to be classified as a major shareholder following the exercise of 500,000 warrants on November 16, 2021. The exercise resulted in an increase in total voting rights, causing the shareholder's voting rights ratio to decline from 10.00% to 9.97%, falling below the major shareholder threshold. This filing was significantly delayed and submitted as a late extraordinary report.

Ubicom Holdings, Inc.

3937 · 株式会社Ubicomホールディングス

The company announced receipt of dividend payments totaling 240 million yen from two consolidated subsidiaries (Advanced World Solutions, Inc. and Advanced World Systems, Inc.) scheduled between January and March 2026. The dividend proceeds will be consolidated at the parent holding company level to optimize overall group capital efficiency and fund allocation toward strategic M&A in medical business and AI-driven development in technology consulting.

Sumitomo Bakelite Company Limited

4203 · 住友ベークライト株式会社

The company approved the acquisition of all shares in a newly established company that will inherit Kyocera's chemical business operations through an absorption split. The acquisition focuses on semiconductor sealing epoxy resin molding materials, semiconductor bonding paste, and industrial resin manufacturing, with a purchase price of 30 billion yen, aimed at strengthening technological capabilities in ICT and AI data center applications.

AXEL MARK INC.

3624 · アクセルマーク株式会社

The company's board of directors resolved on January 22, 2026, to acquire all shares of Wellness More Laboratories Inc. by exercising share acquisition warrants attached to convertible bonds and purchasing 100 shares from existing shareholders, thereby making the company a wholly-owned subsidiary. This acquisition qualifies as a material subsidiary change requiring disclosure under the Financial Instruments and Exchange Act.

Linkers Corporation

5131 · リンカーズ株式会社

The company's Board of Directors resolved on January 21, 2026 to change its representative directors. Shideo Kafuku was promoted from Director to President and Representative Director, Koichi Egashira was promoted from Director and General Manager of Management Administration Headquarters to Representative Director, and Yoshihiro Maeda stepped down from President and Representative Director to become a regular Director.

Recruit Holdings Co., Ltd.

6098 · 株式会社リクルートホールディングス

The company is divesting its entire stake in RGF International Recruitment Holdings Limited, a Hong Kong-based subsidiary engaged in recruitment and human resources services across Asia. Following the planned stock transfer on April 1, 2026, the subsidiary will no longer qualify as a specified subsidiary of the reporting company as ownership will be reduced from 100% to 0%.

Kanamoto Co., Ltd.

9678 · 株式会社カナモト

Kanamoto Co., Ltd. announced the allocation of 29,700 treasury shares to directors, executive officers, and employees under a restricted stock compensation program (譲渡制限付株式報酬制度). The shares will be allocated at 3,915 yen per share for a total amount of 116,275,500 yen, with a 30-year transfer restriction period from February 20, 2026 to February 20, 2056.

Nissui Corporation

1332 · 株式会社ニッスイ

Shingo Hamada, Representative Director and Chairman, will retire as a director effective June 25, 2026, upon conclusion of the 111th Annual Shareholders Meeting. The company's board of directors resolved on January 19, 2026 to implement this management change.

MITSUBISHI MOTORS CORPORATION

7211 · 三菱自動車工業株式会社

Mitsubishi Motors announced a management restructuring effective April 1, 2026, where Katoh Takao transitions from Representative Executive Officer and President/CEO to Representative Executive Officer CEO, while Kishiura Keisuke is promoted from Executive Officer to Representative Executive Officer President and COO. This represents a significant leadership transition at the company's executive level.

REVOLUTION CO.,LTD.

8894 · 株式会社REVOLUTION

A major shareholder change occurred on January 9, 2026, when Ethan Williammarkets11号投資事業有限責任組合 acquired 300,000 voting rights (20.5% stake) through the exercise of warrant rights. The acquisition was calculated including 30,000,000 common shares issued from warrant exercises, resulting in the new entity becoming a principal shareholder of the company.

6173

6173

The company reported material losses totaling approximately 21.9 million yen for Q3 FY2026, consisting of litigation-related expenses (13.4 million yen), impairment losses on leased vehicles for affiliated merchants (20.4 million yen), and fixed asset disposal losses from office relocation (1.4 million yen). These losses significantly impact the company's financial condition and operating results for the period.

Fast Fitness Japan Incorporated

7092 · 株式会社Fast Fitness Japan

JG35 Corporation has completed a tender offer for ordinary shares and stock warrants of the company during the period from December 2, 2025 to January 20, 2026, resulting in the acquisition of 8,972,661 shares. Following settlement on January 27, 2026, JG35 will become the new parent company with 95.09% voting rights (including Oak Corporation's aligned voting rights), and both JG35 and Oak Corporation will be new major shareholders.

Adastria Co., Ltd.

2685 · 株式会社アダストリア

Adastria Co., Ltd. announces a change in representative director (CEO) effective March 1, 2026. Yasuo Fukuda will be promoted from Executive Vice President to Representative Director and President, replacing Osamu Kimura who will transition to Director. Fukuda has extensive experience in international business operations and strategic planning within the company.

Yashima Denki Co.,Ltd.

3153 · 八洲電機株式会社

Yasushio Denki (八洲電機) announced on January 21, 2026 that its board approved an absorption split to transfer the information and communication business of its wholly-owned subsidiary Yasushio EI Technology (八洲ＥＩテクノロジー) to the parent company, effective April 1, 2026. This strategic restructuring aims to integrate the subsidiary's IT services with existing operations to drive group-wide business growth, while allowing the subsidiary to focus on HVAC and plumbing equipment business expansion.

Life Intelligent Enterprise Co.,Ltd.

5856 · 株式会社エルアイイーエイチ

JADEX Welfare Services Co., Ltd., a consolidated subsidiary, will absorb and merge TransCool Co., Ltd., another consolidated subsidiary, with JADEX as the surviving company. The merger was approved at TransCool's extraordinary shareholders' meeting on October 22, 2025, and is scheduled to take effect on January 1, 2026. This transaction results in the removal of TransCool as a specified subsidiary of the parent company.

Twenty-four seven Holdings Inc.

7074 · 株式会社トゥエンティーフォーセブン

The company has recorded special losses totaling 81 million yen relating to its wholly-owned subsidiary, TwentyfourSeven Co., Ltd., due to deterioration in the subsidiary's financial condition. This includes a 10 million yen impairment loss on subsidiary equity valuation and a 71 million yen provision for business losses, both reflected in the individual financial statements for the fiscal year ending November 2025.

Gimmick Co., Ltd.

475A · 株式会社ギミック

Daisuke Yokoshima increased his voting rights in the company from 6.24% to 12.07% as of January 21, 2026. This change follows the company's initial public offering on the Tokyo Stock Exchange Standard Market, where Yokoshima sold a portion of his shares but subsequently acquired additional shares, resulting in a major shareholder status change.

GreenBee, Inc.

3913 · 株式会社sMedio

The company resolved at its board meeting on January 15, 2026, to establish a new subsidiary called GreenBee Energy Co., Ltd., capitalized at ¥10 million, engaged in renewable energy-related business. The establishment results in the company acquiring 100% voting rights in the newly created specified subsidiary, which qualifies as a material event requiring disclosure under the Financial Instruments and Exchange Act.

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This extraordinary report discloses the calculation results for the 25th fiscal period (November 7, 2025 - January 6, 2026) of the Global High Quality Growth Stock Fund. The report presents performance metrics for two share classes: the currency-hedged class with 0 yen distribution and -0.91% period return, and the non-hedged class with 140 yen distribution and 1.72% period return.

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DIAM Passive Asset Diversification Fund (DIAMパッシブ資産分散ファンド) filed its 120th calculation period report covering November 7, 2025 to January 6, 2026. The fund distributed 20 yen per 10,000 units and reported period-end net assets of approximately 3.63 billion yen with a period return of 2.64%.

SATORI ELECTRIC CO.,LTD.

7420 · 佐鳥電機株式会社

Satori Denki Co., Ltd. will execute an absorption merger of its wholly-owned subsidiary Satori Pynics Co., Ltd., with Satori Denki as the surviving company, effective June 1, 2026. The merger aims to consolidate customer touchpoints, enhance one-stop service capabilities, and strengthen demand creation by combining Panasonic group products with products from other manufacturers.

Tokyo Century Corporation

8439 · 東京センチュリー株式会社

NTT is divesting a portion of its interests in three subsidiary entities (NTT Global Data Centers Joint Venture CH LLC, NTT Global Data Centers Holding CH LLC, and NTT Global Data Centers CH LLC) to JICT US LLC, a US special purpose company of the Overseas Communications and Broadcasting and Postal Services Support Organization. The divestiture will reduce NTT's ownership stake from 80% to 50%, resulting in the three entities ceasing to be NTT subsidiary companies, with completion expected in March 2026.

SEKIDO CO.,LTD

9878 · 株式会社 セキド

The company was sued on June 13, 2025 by L&P Cosmetic Co., Ltd. in Seoul Central District Court regarding the termination of the MEDIHEAL Japan exclusive distribution agreement on October 31, 2024. L&P Cosmetic is claiming damages of approximately 55 million yen plus 12% annual interest from the day after service of the complaint.

DAIUN CO.,LTD.

9363 · 株式会社大運

The company reported that its business partner Business Support Co., Ltd. (ビジネス・サポート株式会社) notified the company of its dissolution effective January 20, 2026. This creates risk of uncollectible or delayed collection on accounts receivable totaling ¥207 million as of December 31, 2025. The company has already provided adequate allowance for doubtful accounts and expects minimal impact on business results.

TSURUYA CO.,LTD.

5386 · 株式会社鶴弥

The company's Board of Directors approved a management transition effective April 1, 2026, in which current CEO Tetsu Tsurumi will transition to Chairman while Katsumi Mitsuda, currently Managing Director, will be promoted to President and CEO. Mitsuda has 30 years of company tenure with extensive experience across sales, operations, and management divisions.

THE SHIMANE BANK,LTD.

7150 · 株式会社島根銀行

The bank has decided to sell securities holdings of approximately 4.8 billion yen between January-March 2026 to improve financial health by realizing valuation losses. Additionally, the bank will securitize loan receivables of approximately 27.2 billion yen on January 27, 2026, to expand funding sources and improve risk management.

Open House Group Co., Ltd

3288 · 株式会社オープンハウスグループ

OpenHouse Group decided to issue 286 stock acquisition rights (stock options) as equity-based compensation to executives and employees. The options grant 28,600 common shares (100 shares per warrant) with an exercise price of ¥1 per share and an exercise period from February 7, 2026 to February 6, 2056. Recipients include 6 directors (172 warrants) and 9 executive officers (114 warrants), with compensation offsetting the exercise cost.

kuribayashi steamship co.,ltd.

9171 · 栗林商船株式会社

Kuribayashi Shosen announced a stock exchange agreement with K-Seven Co., Ltd. on January 20, 2026, whereby Kuribayashi Shosen will become the complete parent company and K-Seven will become a complete subsidiary. The exchange ratio is set at 0.07 shares of Kuribayashi Shosen per 1 share of K-Seven, with an effective date of April 1, 2026, intended to strengthen group management and operational integration.

kuribayashi steamship co.,ltd.

9171 · 栗林商船株式会社

Kurin Shosen Co., Ltd. (parent company) and Sanriku Transport Co., Ltd. (subsidiary) resolved on January 20, 2026 to execute a stock exchange agreement whereby Kurin Shosen becomes the complete parent company and Sanriku Transport becomes the complete subsidiary. The transaction is scheduled to become effective on April 1, 2026, with an exchange ratio of 4.38 Kurin Shosen shares per 1 Sanriku Transport share.

Mercari, Inc.

4385 · 株式会社メルカリ

The company issued 48,897 new ordinary shares at 3,166 yen per share through in-kind contribution of monetary claims owed to 91 overseas employees under a restricted stock unit award program. The total issuance value is approximately 154.8 million yen, with the subscription scheduled for February 15, 2026, in the United States.

譬ェ蠑丈シ夂、セ豬キ蟶�

3133 · 株式会社海帆

The company changed its external auditor from Audit Corporation Aria to Progress Audit Corporation effective December 24, 2025. The change was prompted by the company's need for enhanced overseas business audit capabilities following a temporary suspension of hydroelectric power operations in Nepal due to civil unrest, with Progress Audit Corporation selected for its international network and expertise in foreign business audits.

NISHIKAWA RUBBER CO., LTD.

5161 · 西川ゴム工業株式会社

The company announced the sale of a portion of its ordinary shares in Daikyo Nishikawa Co., Ltd. as part of that company's public share offering. The selling price was determined on January 19, 2026, and the company expects to record an investment securities sale gain of 2,539 million yen as extraordinary profit in Q4 of fiscal year ending March 2026.

TENMAYA STORE CO.,LTD.

9846 · 株式会社天満屋ストア

Representative Director and Chairman Katsumi Kizumi submitted a resignation notice on January 20, 2026, effective February 28, 2026. The company filed this extraordinary report to disclose the executive personnel change as required by the Financial Instruments and Exchange Act.

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MHAM J-REIT Active Fund (bi-monthly settlement type) reported its 14th calculation period results for the period from November 6, 2025 to January 5, 2026. The fund declared a distribution of 40 yen per 10,000 units (including tax) with a period-end net asset value of approximately 554.8 million yen and a benchmark price of 11,258 yen per 10,000 units after distribution, reflecting a period return of 2.02%.