📋 Material Events 1086

EnBio Holdings,Inc

6092 · 株式会社エンバイオ・ホールディングス

The company decided to withdraw from its biomass gasification power generation business in Turkey as of February 13, 2026. This business exit resulted in special losses of 478 million yen (provision for doubtful accounts) in individual financial statements and 915 million yen (business withdrawal loss) in consolidated financial statements for the fiscal year ending March 2026.

J Trust Co.,Ltd.

8508 · Jトラスト株式会社

The company has decided to divest all shares of TA Asset Management Loan Company (TA資産管理貸付株式会社), a consolidated subsidiary based in Seoul, South Korea. The divestiture is scheduled for March 13, 2026, and will result in the subsidiary being deconsolidated from the company's financial statements.

WAKACHIKU CONSTRUCTION CO.,LTD.

1888 · 若築建設株式会社

Wakatsu Construction entered into a capital and business alliance agreement with Aso Corporation and ACVE Holdings on February 12, 2026, whereby ACVE Holdings will conduct a public tender offer for Wakatsu shares. The transaction aims to expand business domains through synergies in port infrastructure, disaster prevention/mitigation, and human capital development between the two groups.

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Mitsui Sumitomo Aioi Fire and Marine Insurance Company will acquire Aioi Nissay Dowa Insurance Company through an absorption merger, with the merged entity to be renamed Mitsui Sumitomo Aioi Insurance Company, effective April 1, 2027. Both companies are wholly-owned subsidiaries of MS&AD Insurance Group Holdings. The merger aims to create a stronger damage insurance company with enhanced governance and risk solutions capabilities.

Fukui Computer Holdings,Inc.

9790 · 福井コンピュータホールディングス株式会社

Fukui Computer Holdings announced a planned merger with Daitech Holdings, effective April 1, 2027, with Fukui Computer as the surviving company. The merger aims to create synergies in CAD systems, cloud services, and IT infrastructure by combining complementary business domains in the construction industry. The share exchange ratio is 1 Fukui Computer share for every 0.68 Daitech Holdings shares.

ELECOM CO.,LTD.

6750 · エレコム株式会社

The company acquired all shares of Nihon Antenna Co., Ltd. through a stock exchange on November 25, 2025, making it a consolidated subsidiary. The acquisition resulted in the recognition of negative goodwill (bargain purchase gain) of ¥7,648 million as an extraordinary gain in the Q3 FY2026 consolidated financial results.

Infomart Corporation

2492 · 株式会社インフォマート

The company entered into a capital and business alliance agreement with Dai-ichi Life Holdings on February 13, 2026, involving a third-party allocation of new shares and disposal of treasury shares. Dai-ichi Life Holdings will acquire approximately 15.06% voting rights and obtain the right to nominate one director candidate, while agreeing to hold shares for 5 years and maintain the company's management autonomy through anti-dilution provisions.

ESCRIT INC.

2196 · 株式会社エスクリ

The company is being absorbed as the disappearing company in a merger with Novarese Co., Ltd., with an effective date of April 1, 2026. As a result, the company recorded merger-related costs of 115 million yen and impairment losses of 279 million yen as special losses, along with a 257 million yen deferred tax asset adjustment.

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5571 · エキサイトホールディングス株式会社

The company's board of directors approved an absorption merger between its subsidiary Excite Corporation (surviving company) and iXIT Corporation (disappearing company) effective April 1, 2026. As a result of this merger, iXIT Corporation will be dissolved and cease to be a specified subsidiary of the company.

&Do Holdings Co.,Ltd.

3457 · 株式会社And Doホールディングス

The company executed an absorption spin-off of the remodeling business operated by subsidiary House Do Japan to subsidiary DO, and subsequently sold 100% of the shares of the remodeled entity to Shin Denki Co., Ltd. for 1.5 billion yen on February 5, 2026. The transaction is expected to generate a one-time gain on sale of related company shares to be recognized as extraordinary profit in the fiscal year ending June 2026.

Meiho Holdings,Inc.

7369 · 株式会社メイホーホールディングス

The company has decided to acquire all shares of Amano Construction Co., Ltd., a civil engineering contractor based in Gifu Prefecture, through a board resolution on February 13, 2026. The acquisition is valued at approximately 332.96 million yen (including advisory fees) and is expected to close on March 2, 2026, to expand the company's business platform in the Tokai region and support regional SMEs.

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3927 · 株式会社フーバーブレイン

The company's board of directors resolved on February 13, 2026 to acquire Youth Planet Co., Ltd., a human resources staffing firm specializing in mid-career and new graduate talent placement, RPO (recruitment outsourcing), and consulting services. The acquisition is valued at approximately 230 million yen (204 million yen for stock plus 26 million yen in related costs) and is intended to strengthen the company's IT services business by internalizing and upgrading recruitment capabilities as part of its medium-term growth strategy.

KU HOLDINGS CO.,LTD.

9856 · 株式会社ケーユーホールディングス

The company's board of directors approved an absorption merger on February 12, 2026, wherein Stern Setagaya K.K. will be the surviving company and Stern Nishi-Tama K.K. will be the dissolving company. Following the merger scheduled for April 1, 2026, Stern Nishi-Tama will cease to be a specified subsidiary of the parent company.

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Entetsu (the filing company) has decided to transfer its hotel, lodging, and theme park business operations to its 100%-owned subsidiary Enttetsu Kanko Kaihatu Co., Ltd. through an absorption spin-off, effective April 1, 2026. The transaction aims to enhance business visibility and operational autonomy for the tourism business segment.

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The company acquired all shares of Asahi Five Co., Ltd. to expand its textile business operations. This acquisition resulted in two Chinese subsidiaries held by Asahi Five (Hunan Asahi Five Underwear Co., Ltd. and Qingdao Asahi Five Underwear Co., Ltd.) becoming designated subsidiaries, as their combined investment exceeds 10% of the company's capital.

Neural Group Inc.

4056 · ニューラルポケット株式会社

The company decided via board resolution on February 12, 2026, to acquire 100% of the shares of two subsidiaries: Pomato Pro Inc. (Tokyo-based event planning company) and Cactus Inc. (Osaka-based event/promotion company). The acquisitions are scheduled to close on February 28, 2026 and April 1, 2026 respectively, with the goal of accelerating AI technology development and solutions in the entertainment sector.

SAKATA INX CORPORATION

4633 · サカタインクス株式会社

Sakata Inx K.K. approved an absorption-type company split on February 12, 2026, whereby it will transfer its printing ink and functional materials businesses to its 100% subsidiary Sakata Inx Bunkatsu Junbi K.K., with the transaction becoming effective January 1, 2027. Following the split, the parent company will change its name to INX Holdings K.K. and operate as a pure holding company to strengthen global consolidated management and optimize resource allocation.

Arent Inc.

5254 · 株式会社Arent

The company completed an absorption merger with its wholly-owned subsidiary PlantStream on October 1, 2025, with the company as the surviving entity. Following a careful review of the tax carryforward losses and future deductible temporary differences inherited from PlantStream, the company recognized a deferred tax asset and tax adjustment gain of 1,002 million yen in the second quarter of the fiscal year ending June 2026.

Lion Corporation

4912 · ライオン株式会社

The company has decided to divest all shares of its consolidated subsidiaries Lion Specialty Chemicals Co., Ltd. (LSC) and PT. IPPOSHA INDONESIA (IPI) to a special purpose company (AP88) established by a fund managed by Advantage Partners. The divestiture is expected to generate a gain on sale of subsidiary shares of approximately 15,953 million yen in the interim consolidated financial results for the six months ending June 30, 2026.

Jibannet Holdings Co., Ltd.

6072 · 地盤ネットホールディングス株式会社

Major shareholder Yamamoto Tsuyoshi sold a portion of his shareholdings in the company to Kaihou Inc. on February 9, 2026, via off-exchange trading on Tokyo Stock Exchange. His ownership stake decreased from 12.83% (2nd largest shareholder) to 3.05% (3rd largest shareholder), a reduction of 2,192,800 shares.

Bengo4.com,Inc.

6027 · 弁護士ドットコム株式会社

The company resolved to acquire 100% of the shares of Japan Legal Network Co., Ltd. and make it a subsidiary effective April 1, 2026. This acquisition will also result in ATE Corporation, currently a wholly-owned subsidiary of Japan Legal Network, becoming a consolidated subsidiary (grandchild company) of the reporting company. The filing is submitted under the Financial Instruments and Exchange Act Article 24-5(4) as this involves a material change in specified subsidiaries.

Bengo4.com,Inc.

6027 · 弁護士ドットコム株式会社

The company decided on February 12, 2026 to acquire a majority stake in Mikata Shohin Tanjiki Hoken K.K., a leading legal expense insurance provider, for up to ¥2,955 million. The acquisition aims to leverage Mikata's expertise in lawyer insurance to expand legal access services and address Japan's '20% Justice' problem through synergies in customer base, product development, and AI technology integration.

ExaWizards Inc.

4259 · 株式会社エクサウィザーズ

ExaWizards has decided to transfer its HR Tech business to its wholly-owned subsidiary Exa Enterprise AI through an absorption-type company split effective April 1, 2026. The transfer is conducted as a no-consideration split to optimize organizational structure and accelerate business development by consolidating AI Transformation (AX) capabilities and HR Tech services under unified management.

Amazia, inc.

4424 · 株式会社Amazia

The company resolved to acquire all shares of Reedex Corporation (株式会社リーデックス) to make it a wholly-owned subsidiary, effective March 31, 2026. This acquisition is part of the company's diversification strategy to leverage Reedex's established customer base in the SES and custom development business, complementing the SES business operations launched in March 2024. The total acquisition cost is approximately 567 million yen, with Reedex's pure assets representing over 30% of the company's pure assets, making it a specified subsidiary.

Marubeni Corporation

8002 · 丸紅株式会社

Marubeni Corporation will transfer a portion of its Energy and Chemical Division's business to its subsidiary Marubeni Chemicals K.K. through an absorption spin-off effective April 1, 2026. Marubeni Chemicals will subsequently merge with Marubeni Plax K.K., with the combined entity rebranding as Marubeni Innovexis K.K., consolidating salt trading, chlor-alkali, vinyl chloride, and inorganic chemical businesses.

Newtech Co., Ltd.

6734 · 株式会社ニューテック

Sakusa Corporation completed a tender offer for the company's ordinary shares from December 19, 2025 to February 9, 2026, acquiring 1,815,103 shares. Upon settlement on February 17, 2026, Sakusa will become the parent company with 93.30% voting rights, exceeding the 50% threshold required for parent company status.

DOWA HOLDINGS CO.,LTD.

5714 · DOWAホールディングス株式会社

The company's Board of Directors resolved on February 10, 2026 to divest a portion of shares in Fujita Kanko Co., Ltd., an equity method affiliate. The share sale is expected to generate approximately 34.0 billion yen in gains on sale of affiliate company shares (individual basis) and approximately 23.0 billion yen in gains on sale of investment securities (consolidated basis) in the fiscal year ending March 2026.

SAWAFUJI ELECTRIC CO.,LTD.

6901 · 澤藤電機株式会社

ARTS-4 Corporation completed a public tender offer for the company's ordinary shares from December 22, 2025 to February 9, 2026, acquiring 2,444,362 shares. Following settlement on February 17, 2026, ARTS-4 will become the parent company with 56.65% voting rights, and Japan Monozukuri Future Investment Limited Partnership (the parent of ARTS-4) will also become a parent company through indirect ownership.

Integral Corporation

5842 · インテグラル株式会社

Integral Group Company announced a planned absorptive split (吸収分割) effective October 1, 2026, to transition to a group holding company structure. The company will split into two entities: one to manage Principal Investment Business and another to manage PE Investment Operations, each receiving newly issued shares from the parent company.

CANON ELECTRONICS INC.

7739 · キヤノン電子株式会社

Canon Inc., the controlling shareholder, is conducting a public tender offer to acquire all shares of the company at 3,650 yen per share, with the goal of making the company a wholly-owned subsidiary and delisting it from public markets. Following the tender offer completion in January 2026, the company will implement a stock consolidation of 6,235,122 shares to 1 share, with a shareholder meeting scheduled for March 19, 2026.

Sharp Corporation

6753 · シャープ株式会社

Sharp Corporation will conduct an absorption merger with its wholly-owned subsidiary Sharp Sensing Technology Corporation (SSTC) effective April 1, 2026. SSTC's main business activities have ceased following the divestiture of its camera module business to Fullertain Information Technologies Ltd., making the merger necessary for organizational streamlining.

FUJITA KANKO INC.

9722 · 藤田観光株式会社

The company entered into a capital and business alliance agreement with NSSK-GAMMA2 LLC on February 10, 2026, whereby DOWA Holdings transferred 14,980,000 shares (25.00% voting rights) to the partner. NSSK-GAMMA2 gained the right to nominate 2 board director candidates starting with the 2025 year-end shareholders meeting, with restrictions on additional share acquisitions and transfers for a specified period.

Matsuya R&D Co.,Ltd

7317 · 株式会社松屋アールアンドディ

The company is subject to a public tender offer by Omron Healthcare Co., Ltd. for the company's shares and stock acquisition rights, announced on February 10, 2026. The company has recorded 124 million yen in advisory and legal fees related to the tender offer as special losses in Q3 FY2026, with total expected costs of approximately 270 million yen upon completion of the process.

Human Creation Holdings, Inc.

7361 · 株式会社ヒューマンクリエイションホールディングス

The company's board of directors resolved on February 10, 2026 to conduct an absorption merger whereby Asset Consulting Force Co., Ltd. (surviving company) will absorb Human Base Co., Ltd. (disappearing company), both of which are subsidiaries of the reporting company. Following the merger scheduled for April 1, 2026, Human Base Co., Ltd. will cease to be a subsidiary of the reporting company.

Torishima Pump Mfg.Co.,Ltd.

6363 · 株式会社酉島製作所

The company resolved to acquire all shares of Shinni Nippon Zouniki Co., Ltd. from Sumitomo Heavy Industries Ltd. on February 10, 2026, making it a wholly-owned subsidiary. The acquisition results in Shinni Nippon Zouniki becoming a specified subsidiary, triggering mandatory disclosure under Cabinet Office Ordinance Article 19(2)(3).

ibis inc.

9343 · 株式会社アイビス

Aibis Corporation (株式会社アイビス) has decided to absorb and merge its wholly-owned subsidiary Zero One Start Inc. (株式会社ゼロイチスタート) effective April 1, 2026. The merger aims to integrate the subsidiary's strengths in business consulting, no-code/low-code development expertise, and SEO knowledge into Aibis's solution business to maximize synergies and accelerate its transformation toward a Systems Integrator (SIer) business model.

Hakuto Co.,Ltd.

7433 · 伯東株式会社

The company resolved to acquire 76% of the shares of Rabyte Pte. Ltd., a Singapore-based electronics wholesale distributor, and execute a share transfer agreement on February 5, 2026. The acquisition aims to support the company's inorganic growth strategy in emerging markets including Southeast Asia, India, Australia, and New Zealand, leveraging Rabyte's value-added services and complementary product portfolio for cross-selling and joint product development.

PARAMOUNT BED HOLDINGS CO.,LTD.

7817 · パラマウントベッドホールディングス株式会社

Paramount Bed Holdings K.K. (パラマウントベッドホールディングス株式会社) will be absorbed and merged into its parent company TMKR Corporation (株式会社ＴＭＫＲ) in an absorption merger effective April 1, 2026. TMKR will be the surviving company and Paramount Bed will be the dissolved company. Paramount Bed shareholders will receive TMKR shares at a ratio of 353 TMKR shares for each 1 Paramount Bed share held, following the prior public tender offer and delisting of Paramount Bed.

DIGITAL HOLDINGS,INC.

2389 · 株式会社デジタルホールディングス

The company has executed a capital and business alliance agreement with Hakuhodo DY Holdings on February 9, 2026, as part of Hakuhodo's acquisition process to make the company a wholly-owned subsidiary. The agreement includes Hakuhodo's prior approval rights over specified material corporate decisions and establishes a business partnership focused on strengthening digital marketing capabilities, business development, and customer value expansion.

UNITIKA LTD.

3103 · ユニチカ株式会社

The company reported multiple material transactions on February 6, 2026, including the divestiture of its spunlace nonwoven business to Zuiko Corporation, asset sales by subsidiaries (Osaka Dyeing, Unitika Textile, Brazcot), and business transfers to Shikibo and Saelen. These transactions resulted in non-operating foreign exchange gains of ¥0.9 billion, special gains from fixed asset sales of ¥23.6 billion and business transfer gains of ¥0.8 billion, offset by ¥12.3 billion in restructuring costs.

CAICA DIGITAL Inc.

2315 · 株式会社CAICA DIGITAL

The company completed a stock acquisition (株式交付) of Zenko Sogo Kenkyusho Inc., becoming its parent company and acquiring 89.73% voting rights. The transaction became effective on February 6, 2026, resulting in Zenko Sogo Kenkyusho becoming a specified subsidiary (特定子会社) with capital of ¥172 million, operating in welfare consulting and software development services.

unerry, Inc.

5034 · 株式会社unerry

Unerry Corporation resolved to acquire all shares of BlogWatcher Corp. on February 6, 2026, making it a wholly-owned subsidiary. The acquisition aims to combine location data platforms and expand customer base in retail, real estate, and urban development sectors. The transaction is valued above 15% of Unerry's prior fiscal year net assets, with the effective date set for May 1, 2026.

SANYU CONSTRUCTION CO.,LTD.

1841 · サンユー建設株式会社

The company's board approved convening an extraordinary shareholders' meeting on March 6, 2026, to vote on a stock consolidation as part of an MBO transaction. Kabaro Planning Inc., backed by management, is acquiring all publicly held shares at 1,600 yen per share (approximately 40% premium) to take the company private, enabling long-term strategic initiatives including business expansion, new ventures, and human capital investments that would be challenging to pursue as a listed company.

TBS HOLDINGS, INC.

9401 · 株式会社TBSホールディングス

TBS Holdings decided to conduct an absorptive division whereby its wholly-owned subsidiary TBS Television will be merged into TBS Holdings as the absorbing company. The primary purpose is to transfer the TBS Broadcast Center real estate asset from TBS Television to TBS Holdings to improve capital efficiency under the medium-term management plan. The transaction is scheduled to take effect on April 1, 2026, and does not require shareholder approval as it qualifies as a simplified absorptive division under the Companies Act.

GMO Financial Holdings, Inc.

7177 · GMOフィナンシャルホールディングス株式会社

GMO Financial Holdings Inc. resolved to transfer its system development, operation, and maintenance business related to GMO Coin to GMO Coin Corp. through an absorption-type company split effective April 1, 2026. This structural reorganization aims to ensure operational independence and organizational autonomy for GMO Coin as it prepares for listing on the Tokyo Stock Exchange.

Kanadevia Corporation

7004 · 日立造船株式会社

Kanadevil Corporation and Nippon Steel Engineering Corporation have signed a basic agreement to proceed with discussions regarding a management integration. The companies plan to implement an absorption merger with Kanadevil as the surviving company, pending due diligence results and regulatory approvals, with expected completion in April 2027.

Renesas Electronics Corporation

6723 · ルネサスエレクトロニクス株式会社

Renesas Electronics decided to divest its timing business (acquired through IDT in 2019) to US-based SiTime Corporation for $3.0 billion, comprising $1.5 billion in cash and 4.13 million SiTime shares. The transaction, expected to close by end of 2026, is accompanied by a partnership MOU to integrate SiTime's MEMS resonators with Renesas microcontrollers and SoCs, with expected one-time gain of approximately $1.5 billion (¥234 billion) in FY2026.

Medical Data Vision Co., Ltd.

3902 · メディカル・データ・ビジョン株式会社

Nippon Life Insurance Company (日本生命保険相互会社) has successfully completed a tender offer for the company's ordinary shares and subscription rights, acquiring 20,082,496 shares during the offer period from December 16, 2025 to February 3, 2026. Upon settlement on February 9, 2026, Nippon Life will become the parent company and largest shareholder with 52.34% voting rights ownership.

PARIS MIKI HOLDINGS Inc.

7455 · 株式会社パリミキホールディングス

Renetto Corporation (公開買付者) launched a public tender offer to acquire all outstanding shares of the company at 581 yen per share, aiming to take it private as a management buyout. Following the successful tender offer where Renetto acquired 42,628,323 shares (73.20% ownership) as of January 6, 2026, the company will hold an extraordinary shareholder meeting on March 6, 2026 to approve a stock consolidation (株式併合) to squeeze out remaining minority shareholders.

RHYTHM CO.,LTD.

7769 · リズム株式会社

The company will conduct an absorption merger in June 2026, with RHYTHM HONG KONG CO., LTD. (consolidated subsidiary) as the surviving company and RHYTHM INDUSTRIAL (H.K.) LTD. (specified subsidiary) as the disappearing company. As a result, RHYTHM INDUSTRIAL (H.K.) LTD. will cease to be a specified subsidiary of the company.