📋 Material Events 1086

FUJI MEDIA HOLDINGS, INC.

4676 · 株式会社フジ・メディア・ホールディングス

The company entered into a contract on February 3, 2026 with major shareholders (Reno Co., Ltd., S-Grant Corporation, City Index First Co., Ltd., Ayumi Nomura, and Yoshiaki Murakami) to acquire approximately 235 billion yen worth of the company's issued ordinary shares via ToSTNeT-3 trading. The agreement includes restrictions on voting rights, share transfer prohibitions, and stock ownership caps to support the company's reform action plan and accelerate ROE targets.

FUJI KYUKO CO., LTD.

9010 · 富士急行株式会社

The company has decided to partially withdraw from its retirement benefit trust (退職給付信託) due to a significant surplus of plan assets relative to pension liabilities. The company expects to record approximately 600 million yen as extraordinary profit from the trust withdrawal in the fiscal year ending March 2026.

Paraca Inc.

4809 · パラカ株式会社

Paraka Corporation's Board of Directors resolved on February 3, 2026 to issue 500 stock warrants (新株予約権) as employee stock options on February 24, 2026. The warrants will be granted to company employees at no cost, with each warrant exercisable for 100 common shares, totaling 50,000 shares. The exercise price will be determined based on the Black-Scholes model on the allocation date, with an exercise period from February 25, 2028 to February 3, 2034.

6173

6173

The company is conducting a third-party allocation capital increase (新株式発行) on February 27, 2026, whereby Riken J Technologies LLC will acquire 62,500 voting rights (41.74% of total), becoming the new lead major shareholder. Consequently, individual shareholder Kazushi Watanabe will cease to be a major shareholder as his ownership percentage drops below 10% (from 13.65% to 7.95%).

AISAN INDUSTRY CO., LTD

7283 · 愛三工業株式会社

Assan Industries resolved to dispose of treasury shares (320,800 shares) to the Assan Industries Employee Stock Ownership Association through a restricted stock incentive program for employees. The shares will be issued at 2,195 yen per share for a total amount of approximately 704.16 million yen, with a restriction period from July 1, 2026 to June 30, 2029.

Takashimaya Company,Limited

8233 · 株式会社髙島屋

The company announced the repurchase and planned retirement of its 2028 maturity Euro yen-denominated convertible bonds with warrant rights. The total principal amount of bonds to be repurchased is 5,999.0 billion yen, with the repurchase to be completed on February 26, 2026, resulting in a special loss to be recorded in the February 2026 financial statements.

TSUKURUBA Inc.

2978 · 株式会社ツクルバ

Tsukuruba Box Co., Ltd., a subsidiary of Tsukuruba Co., Ltd., entered into an overdraft facility agreement with a major Japanese bank on January 30, 2026, for a maximum principal amount of ¥1,000 million. The facility is secured by a first-priority mortgage on the target real estate property and a joint guarantee from the parent company Tsukuruba Co., Ltd., with financial covenants including equity ratio maintenance, profit requirements, and inventory turnover ratio restrictions.

KI-STAR REAL ESTATE CO.,LTD

3465 · ケイアイスター不動産株式会社

The company entered into a loan agreement with urban and system financial institutions on January 30, 2026, for 8.5 billion yen with repayment due March 31, 2027. The loan is secured by a blanket mortgage on land and includes financial covenants requiring maintenance of equity at 75% of baseline levels and preventing two consecutive periods of operating losses.

SHIKIBO LTD.

3109 · シキボウ株式会社

The company executed a refinancing transaction under its commitment line agreement with 15 financial institutions. The company repaid 6,880 million yen of existing debt and simultaneously borrowed an equivalent new amount of 6,880 million yen to efficiently manage working capital. The borrowing is unsecured and matures on February 27, 2026.

Kushim, Inc.

2345 · 株式会社クシム

The company resolved at its 30th ordinary general meeting of shareholders on January 30, 2026, to issue stock options (新株予約権) to directors and employees of the company and its subsidiaries under particularly favorable conditions. A total of up to 5,000 stock warrants may be issued, with a maximum of 500,000 common shares as the underlying securities, at an exercise price determined by reference to recent market prices plus a 5% premium.

MORITA HOLDINGS CORPORATION

6455 · 株式会社モリタホールディングス

Morita Holdings has resolved to distribute 40,669 treasury shares to the Morita Employee Stock Ownership Association (ESOA) as restricted stock grants under an employee incentive program. The shares will be allocated to eligible employees across seven salary grades, with distribution scheduled for April 28, 2026, at a price of 2,850 yen per share, totaling approximately 115.9 million yen.

TOBISHIMA HOLDINGS Inc

256A · 飛島ホールディングス株式会社

The company executed a borrowing of 18,000 million yen on January 30, 2026, under a syndicated commitment line contract (total facility: 20,000 million yen) arranged by Mizuho Bank. The loan is unsecured with a repayment deadline of February 27, 2026, and is subject to financial covenants including minimum consolidated equity requirements and restrictions on consecutive reporting period losses.

AViC Co., Ltd.

9554 · 株式会社AViC

The company entered into a loan agreement with Mizuho Bank on January 29, 2026, for 1,500 million yen with a repayment deadline of January 31, 2033. The loan is unsecured but includes two financial covenants: maintaining consolidated equity at least 75% of the prior year-end level, and ensuring operating profit does not turn negative for two consecutive fiscal years.

Tokai Tokyo Financial Holdings, Inc.

8616 · 東海東京フィナンシャル・ホールディングス株式会社

Tokai Tokyo Financial Holdings resolved to issue 836,500 restricted stock units to 2,326 eligible employees as compensation, with a total issuance value of approximately ¥609.8 million. The restricted shares will be issued on March 13, 2026, with a restriction period from March 13 to June 30, 2026, funded through in-kind contribution of monetary compensation debt held by the employees.

SANRITSU CORPORATION

9366 · 株式会社サンリツ

The company executed a term loan agreement on January 30, 2026, with major Japanese banks (city banks, trust banks, and regional banks) for a total facility of ¥5.3 billion, with ¥2.07 billion drawn on the execution date and maturity set for July 31, 2041. The loan is secured by real property (land, buildings, and building fixtures) and includes financial covenants requiring maintenance of consolidated equity at 75% of prior year-end levels and consecutive operating profitability.

SANNO Co.,Ltd

3441 · 株式会社山王

The company entered into a money lending contract (金銭消費貸借契約) with a major city bank on January 30, 2026, for 1.2 billion yen with a one-year maturity. The loan is subject to financial covenants including maintaining consolidated net assets at 75% or more of prior year levels, avoiding two consecutive periods of operating losses, and maintaining credit ratings of A-2 (short-term) and BB+ or higher (long-term).

SANNO Co.,Ltd

3441 · 株式会社山王

The company executed a money lending contract (金銭消費貸借契約) with a major Japanese bank on January 28, 2026, for 2 billion yen with financial covenants attached. The loan matures on January 30, 2027, and includes restrictive covenants requiring maintenance of consolidated net assets at 75% or more of the prior year and prohibition of consecutive operating losses.

Metaplanet KK

3350 · 株式会社メタプラネット

Metaplanet Inc. announced a third-party capital raise on January 29, 2026, consisting of 24,529,000 common shares at ¥499 per share and 159,440 warrants (25th series) at ¥523 per warrant. The total capital raise is approximately ¥21.0 billion, with proceeds designated for Bitcoin purchases (¥14.0 billion), Bitcoin income business operations (¥1.6 billion), and debt repayment (¥5.2 billion).

GIFT HOLDINGS INC.

9279 · 株式会社ギフトホールディングス

Gift Holdings has issued 26,770 shares of restricted stock to 4 directors and 1 executive officer as long-term compensation to align shareholder value. The restricted stock has a 30-year transfer restriction period, with conditions for release upon retirement or company reorganization. Total issuance value is approximately 101.2 million yen.

PARK24 Co., Ltd.

4666 · パーク二四株式会社(定款上の商号 パーク24株式会社)

Park24 Co., Ltd. resolved to allocate 65,297 treasury shares to eligible executives and subsidiary directors under its restricted stock award program. The shares, priced at ¥2,175 per share for a total of ¥142,020,975, will be allocated on February 26, 2026, with transfer restrictions in place until certain employment conditions are met.

HEALIOS K.K.

4593 · 株式会社ヘリオス

The company's executive board resolved on January 29, 2026, to issue 19,275,000 common shares at 325 yen per share and 96,375 warrants (27th series) at 355 yen each to seven institutional investors through third-party allocation. The total capital raised amounts to approximately 6.3 billion yen from the share issuance and 34.2 million yen from the warrants, with the allocation subject to standard representations, warranties, and a 180-day lock-up agreement.

Sun* Inc.

4053 · 株式会社Sun Asterisk

Sun Asterisk Inc. has decided to issue 12,300 stock acquisition rights (warrants) to directors, senior management, and subsidiary employees. The warrants have an issue price of 200 yen per warrant, with an exercise price of 455 yen per share, and are exercisable from April 1, 2029 to March 31, 2032. Exercise eligibility is conditional on the company achieving consolidated gross profit targets of 11.0-14.0 billion yen in the fiscal year ended December 2028.

KANDENKO CO.,LTD.

1942 · 株式会社関電工

Tokyo Electric Power Company (TEPCO) Grid announced a public share offering through underwriter buy commitment (引受人の買取引受による売出し) of up to 22.77 million shares, with a portion to be sold to overseas investors in Europe and Asia (excluding US and Canada). The offering price will be determined on February 16-19, 2026, based on market conditions, at 90-100% of the TSE closing price, with delivery expected February 24-27, 2026.

BRIDGESTONE CORPORATION

5108 · 株式会社ブリヂストン

Bridgestone Corporation's Board of Directors on January 29, 2026 approved the issuance and allocation of 50,900 restricted shares to 94 executive and management employees (executives-in-chief, division heads, and department heads) as part of its ongoing restricted share compensation program (譲渡制限付株式報酬制度) implemented since fiscal 2021. The shares are issued at 3,595 yen per share with a total value of approximately 182.99 million yen, funded through in-kind contribution of monetary compensation claims, with transfer restrictions lasting 2-3 years depending on employee rank and tenure.

Hulic Co.,Ltd.

3003 · ヒューリック株式会社

The company entered into a syndicated loan agreement with multiple city banks on June 25, 2025, for 173.5 billion yen with a repayment deadline of June 30, 2032. The loan includes two financial covenants: consolidated operating profit must not be negative for two consecutive fiscal years, and consolidated net assets must not fall below 75% of the prior fiscal year-end level.

IKUYO CO.,LTD.

7273 · 株式会社イクヨ

Ikuyo Co., Ltd. approved the distribution of 140,000 treasury shares to 3 inside directors (excluding outside directors) at a price of 771 yen per share under a newly adopted restricted stock compensation system. The shares have a transfer restriction period from February 26, 2026 to February 25, 2027, with restrictions released upon satisfaction of continued employment conditions. Total transaction value is approximately 107.94 million yen.

Tobila Systems Inc.

4441 · トビラシステムズ株式会社

Tobira Systems approved the distribution of 163,400 treasury shares to directors, executive officers, and employees under two restricted stock award programs. The allocation includes 22,500 shares to 3 directors (granted without compensation), and 140,900 shares to 4 executive officers and 90 employees (funded by monetary claims totaling ¥176,829,500). The shares carry transfer restrictions of 3 years (performance-conditioned tranche) and 1 year (vesting-conditioned tranche).

NIHONWASOU HOLDINGS,INC.

2499 · 日本和装ホールディングス株式会社

Nichikure Co., Ltd., a consolidated subsidiary, entered into a loan agreement with a commitment line facility of up to 500 million yen with a major city bank. The agreement includes a financial covenant requiring the subsidiary to maintain net assets at 80% or more of the prior year-end level as of each fiscal year-end.

FRONTEO,Inc.

2158 · 株式会社FRONTEO

The company executed two commitment line agreements totaling 2,750 million yen on January 27, 2026, to support its Life Science AI business growth strategy. The primary syndicated facility of 2,450 million yen arranged by Mitsubishi UFJ Bank will refinance existing 1,750 million yen debt, with new borrowing of 2,050 million yen implemented on January 30, 2026. Both facilities include financial covenants requiring maintenance of equity at 75% of prior year levels and avoidance of two consecutive periods of ordinary loss.

KYOWA ELECTRONIC INSTRUMENTS CO.,LTD.

6853 · 株式会社共和電業

Kyowa Electric Co., Ltd. resolved to distribute 250,200 treasury shares to 873 employees (513 parent company and 360 subsidiary employees) as compensation for their contributions during the company's 80th fiscal year anniversary. The shares will be allocated at 751 yen per share with a total value of 187,900,200 yen, funded through monetary claims granted to employees, with a 3-year transfer restriction period from June 1, 2026 to May 31, 2029.

DaikyoNishikawa Corporation

4246 · ダイキョーニシカワ株式会社

The company conducted a public offering of common shares through underwritten sale and executed an off-exchange treasury stock acquisition (ToSTNeT-3) on January 9, 2026, resulting in a change in major shareholders. Nishikawa Rubber Industries Co., Ltd. ceased to be a major shareholder, with its voting rights stake decreasing from 17.35% to 8.98%.

PLAZA HOLDINGS CO.,LTD.

7502 · 株式会社プラザホールディングス

SoftBank Corporation's shareholding in the company decreased from 11.07% (2,700 voting rights) to 9.1% (2,213 voting rights) as of January 26, 2026, resulting in SoftBank no longer being classified as a major shareholder. This change occurred through an off-market share offering (立会外分売) conducted on the same date.

譬ェ蠑丈シ夂、セ繝輔�シ繝�繧」繧ス繝ウ

7114 · 株式会社フーディソン

The company resolved to issue the 18th series of stock acquisition rights (warrants) totaling 920 units as stock option compensation to 2 directors and 6 employees. The warrants have an exercise price of 841 yen per share (100 shares per warrant) and are exercisable from 2 years to 6 years after the allocation date of February 9, 2026, subject to performance conditions based on adjusted EBITDA targets for fiscal years 2027-2028.

NIPPON PARKING DEVELOPMENT Co.,Ltd.

2353 · 日本駐車場開発株式会社

Japan Parking Development Co., Ltd. issued 16,800 stock warrants (新株予約権) to 20 directors (7 company directors and 13 subsidiary directors) on January 23, 2026. The warrants, priced at ¥28,400 per warrant (¥284 per share), will allow holders to acquire up to 1,680,000 common shares with an exercise period from January 23, 2028 to October 31, 2031.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

FUSO DENTSU CO., LTD.

7505 · 扶桑電通株式会社

Fuso Denso Co., Ltd. resolved to dispose of 540,000 treasury shares at ¥1,968 per share (January 16, 2026 closing price) for a total amount of ¥1,062,720,000 to fund its J-ESOP (Japanese Employee Stock Ownership Plan). The shares will be held in trust by Mizuho Trust Bank and distributed to 884 eligible employees based on grade-determined points to enhance employee motivation and align compensation with stock price and business performance.

Power X Co., Ltd.

485A · 株式会社パワーエックス

Acumen Inc., a major shareholder, received the return of 1,258,200 shares (12,582 voting rights) that were loaned to Mitsubishi UFJ Morgan Stanley Securities for an overallotment offering related to the company's IPO on the Tokyo Stock Exchange Growth Market on January 19, 2026. This resulted in the shareholder's voting rights increasing from 31,978 (8.81%) to 44,560 (11.85%).

Speee, Inc.

4499 · 株式会社Speee

Speee Inc. resolved to issue 68,500 shares of restricted stock as compensation to 5 executive directors and 150 employees under a restricted stock award program. The shares will be issued at 2,798 yen per share with a total value of 191,663,000 yen, with transfer restrictions lasting from February 2026 to February 2029 for directors and March 2026 to February 2029 for employees.

Plus Alpha Consulting Co., Ltd.

4071 · 株式会社プラスアルファ・コンサルティング

Plus Alpha Consulting resolved on January 19, 2026 to issue two tranches of stock options to directors and employees: 1,276 tax-qualified warrants (free issuance) and 724 paid warrants (¥2,500 per warrant). The tax-qualified options vest upon stock price reaching 140% of exercise price, while paid options include earnings targets of ¥6.5B+ for FY2026 and ¥7.0B+ for FY2027-2029, exercisable through January 2036.