📋 Material Events 1086

PENTA-OCEAN CONSTRUCTION CO.,LTD.

1893 · 五洋建設株式会社

Japan Offshore Marine Co. (JOM), a consolidated subsidiary of the filing company, will conduct a capital injection into its 100% subsidiary Japan Offshore Marine DK ApS (JOMDK) through in-kind contribution of receivables in March 2026. This capital injection will increase JOMDK's capital from €5,380 to approximately €40,331,701, causing it to meet the threshold of a specified subsidiary (10% or more of parent company's capital) and thus triggering this extraordinary report filing.

Mitsubishi HC Capital Inc.

8593 · 三菱HCキャピタル株式会社

Mitsubishi HC Capital Estate Plus Co., Ltd. (a consolidated subsidiary) decided on March 16, 2026 to make a staged investment in Miyagi Taiwa Development Special Purpose Company from April 2026 through October 2028. Upon the June 2027 investment tranche, the target company is expected to become a specified subsidiary with the parent company holding 99.99% voting rights and capital of 8,379 million yen.

BELLUNA CO.,LTD.

9997 · 株式会社ベルーナ

The company's board of directors resolved on March 16, 2026 to dissolve and liquidate its special subsidiary, Godo Kaisha Mogami Geo Energy, which operates geothermal power generation and electricity supply business. The company held 95.3% ownership stake in the subsidiary prior to liquidation, with completion of liquidation procedures expected by October 2026 or later.

ICHINEN HOLDINGS CO.,LTD.

9619 · 株式会社イチネンホールディングス

The company sold a portion of its investment securities holdings between May 21, 2025 and March 11, 2026, resulting in gains on sale of investment securities. This transaction generated 819 million yen in special gains to be recognized in the fiscal year ending March 2026.

TMH Inc.

280A · 株式会社TMH

The company's board of directors resolved on March 13, 2026 to establish a new subsidiary in Shanghai, China. This subsidiary, with a capital of 4 million RMB (approximately 900 million yen), will engage in sales and repair of semiconductor equipment and components. The establishment qualifies as a specified subsidiary (特定子会社) since the subsidiary's capital exceeds 10% of the parent company's capital.

Showa Chemical Industry Co.

4990 · 昭和化学工業株式会社

The company is reporting a change in its specified subsidiary status for Ruirai Te (Dalian) Engineering Technology Co., Ltd., a diatomaceous earth product processing company in China. The subsidiary crossed the 10% threshold relative to the parent company's capital, requiring it to be designated as a specified subsidiary as of October 17, 2025. The company achieved 100% indirect ownership of the subsidiary through this transaction.

CHIYODA INTEGRE CO.,LTD.

6915 · 千代田インテグレ株式会社

The company sold a portion of its investment securities held as policy stocks as part of its medium-term management plan to reduce such holdings. This transaction generated an investment securities gain of 1,124 million yen, which will be recorded as extraordinary profit in the company's individual financial statements for the fiscal year ending December 2026.

OKASAN SECURITIES GROUP INC.

8609 · 株式会社岡三証券グループ

The company sold a portion of its strategic shareholdings (policy holdings) to improve asset efficiency and strengthen its financial position. This resulted in an investment securities gain of 4,043 million yen, which will be recorded as an extraordinary profit in the financial results for the fiscal year ending March 2026.

Kyoto Financial Group, Inc.

5844 · 株式会社京都フィナンシャルグループ

Kyoto Bank, a consolidated subsidiary, participated in Nintendo's self-share repurchase transaction (ToSTNeT-3) on March 3, 2026, and sold a portion of its Nintendo common shares. The sale price was finalized on March 9, 2026, resulting in an expected gain on sale of securities of 75.1 billion yen to be recorded as other ordinary income in fiscal year 2026.

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The company reports the liquidation of its specified subsidiary EUV Resist Manufacturing & Qualification Center N.V., a Belgian company engaged in EUV photoresist manufacturing for semiconductors. The subsidiary's dissolution and liquidation process resulted in the company losing its status as a specified subsidiary, with voting rights decreasing from 69.4% to zero as of March 9, 2026.

New Japan Chemical Co., Ltd.

4406 · 新日本理化株式会社

The company's board of directors resolved on March 10, 2026, to establish a framework for selling a portion of its held investment securities (one listed security) between March 11 and September 30, 2026. The planned sale is expected to generate investment securities gain of approximately 842 million yen, aimed at optimizing asset efficiency and strengthening the company's financial structure.

GMO internet group, Inc.

9449 · GMOインターネットグループ株式会社

The company is acquiring a controlling interest in GMO Fintech Fund 8, a limited partnership focused on domestic and international fintech and AI-related startup investments. The acquisition will result in 98.44% ownership (67.19% indirect) and 50% business execution rights, with the transaction expected to close on April 1, 2026. This classification as a specific subsidiary is triggered by the company's total investment reaching 10% or more of its capital.

Cookpad Inc.

2193 · クックパッド株式会社

The company withdraws its extraordinary report filed on February 9, 2026, regarding the dissolution and liquidation of its subsidiary Cookpad Spain, S.L. Due to changed circumstances in the local market, the company has decided to suspend the dissolution and liquidation procedures and maintain the subsidiary as an operating entity.

USHIO INC.

6925 · ウシオ電機株式会社

The company sold a portion of its listed securities holdings between January and February 2026 as part of an asset efficiency initiative. This transaction generated investment securities sale gains of 3,129 million yen, which will be recorded as extraordinary gains in the consolidated and individual financial statements for the fiscal year ending March 2026.

IINO KAIUN KAISHA, LTD.

9119 · 飯野海運株式会社

The company's board of directors resolved on March 6, 2026 to sell one vessel owned by the group. This transaction is expected to generate approximately 6.9 billion yen in fixed asset sale gains (extraordinary profit) to be recognized in the fiscal year ending March 2027.

SHINAGAWA REFRACTORIES CO., LTD.

5351 · 品川リフラクトリーズ株式会社

The company's Board of Directors resolved on March 5, 2026 to divest two rental real estate properties located in Tokyo and Saitama to strengthen its financial position through debt repayment and to secure investment funds for sustainable growth. The divestiture is expected to generate approximately 2,430 million yen in extraordinary gains in the fiscal year ending March 2026.

Human Made Co., Ltd.

456A · HUMAN MADE株式会社

The company established a new subsidiary, Renshou Fashion (Shanghai) Co., Ltd., in Shanghai, China on March 2, 2026, with capital of 25 million yuan (approximately 570 million yen). The subsidiary qualifies as a specified subsidiary (特定子会社) because its capital represents 10% or more of the parent company's capital, and the company holds 100% of voting rights.

FUKUTOME MEAT PACKERS, LTD.

2291 · 福留ハム株式会社

The company sold one listed security from its investment portfolio during January-February 2026, generating a gain of 304 million yen. This sale will be recorded as extraordinary gain in the company's financial results for the fiscal year ending March 2026.

The Ogaki Kyoritsu Bank, Ltd.

8361 · 株式会社 大垣共立銀行

The company is selling its ordinary shares in Ibiden Co., Ltd. through a take-out underwriting offering (買取引受による売出し). This stock sale is expected to generate a gain on sale of securities of 13,142 million yen in the fiscal year ending March 2026.

ROKKO BUTTER CO., LTD.

2266 · 六甲バター株式会社

The company's board of directors resolved on January 31, 2025, to establish a new subsidiary named QBB ASIA COMPANY LIMITED in Dong Nai Province, Vietnam. The subsidiary will engage in cheese manufacturing and sales with a capital of 220,236 million Vietnamese dong, in which the company will hold 100% ownership, qualifying it as a specified subsidiary under the Financial Instruments and Exchange Act.

UNITIKA LTD.

3103 · ユニチカ株式会社

The company's subsidiary P.T. Emblem Asia is divesting idle machinery and equipment located in Bekasi, Indonesia as part of its business rehabilitation plan supported by the Regional Revitalization Support Corporation. The sale, contracted on March 2, 2026, is expected to generate a special gain of approximately 1 billion yen in the fiscal year ending March 2027, subject to equipment operational verification conditions.

Mitsubishi Estate Company, Limited

8802 · 三菱地所株式会社

The company has decided to make a preferred investment in Hashimoto Development Special Purpose Company (橋本デベロップメント特定目的会社) on March 27, 2026. As a result of this investment, the special purpose company will become a designated subsidiary of the company since the capital contribution will represent at least 10% of the company's capital. The special purpose company engages in asset securitization activities under the Asset Securitization Law.

Japan Asia Investment Company, Limited

8518 · 日本アジア投資株式会社

The company has acquired a controlling interest (100% operational authority) in JAIC Scale-Up Fund Investment Business Limited Partnership through a capital contribution of 201 million yen. The partnership, which aims to raise total fund capital of 2 billion yen, engages in investment business and is now classified as a specified subsidiary of the reporting company.

TOMOE CORPORATION

1921 · 株式会社 巴コーポレーション

The company's Board of Directors resolved on February 25, 2026 to sell a portion of its held investment securities to improve capital efficiency and strengthen financial position, in accordance with Corporate Governance Code recommendations on policy holdings review. This transaction is expected to generate special gains of approximately 3.15 billion yen in the Q4 FY2026 consolidated and individual financial statements.

KYOEI TANKER CO., LTD.

9130 · 共栄タンカー株式会社

KYOEI TANKER SINGAPORE PTE.LTD., a 100%-owned subsidiary, is selling a Singapore-flagged bulk carrier vessel 'KT BIRDIE' (built 2011, 74,886 MT capacity) to an unaffiliated third party on March 3, 2026, due to the end of the charter contract. The sale is expected to generate approximately 1.8 billion yen in gain, which will be recorded as special profit in the fiscal year ending March 2027.

SANYEI CORPORATION

8119 · 株式会社三栄コーポレーション

The company sold a portion of its held investment securities on February 27, 2026, to reduce holdings and improve capital efficiency. This transaction will result in an investment securities gain of 1,021 million yen recorded as extraordinary profit in the fiscal year ending March 2026.

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The company's investment in an anonymous partnership (匿名組合) with Godo Kaisha Kyobashi Investment as operator has exceeded 10% of the company's capital, thereby qualifying it as a designated subsidiary (特定子会社) as of February 25, 2026. This filing reports the change in subsidiary classification status rather than an acquisition or establishment of a new entity.

FUTABA INDUSTRIAL CO., LTD.

7241 · フタバ産業株式会社

The company decided to divest its entire ownership stake in Tianjin Shuangxie Machinery Industry Co., Ltd. (天津双協機械工業有限公司) by transferring all equity interests to Chuangzaoshe Trading Co., Ltd. (創造社貿易有限公司) for liquidation purposes. This decision was made on February 27, 2026, as part of the company's strategy to reallocate resources toward high-growth business areas and improve group operational efficiency.

DeNA Co., Ltd

2432 · 株式会社ディー・エヌ・エー

The company resolved on February 27, 2026 to sell 6,000,000 shares of Nintendo Corporation as part of a strategic review of policy-held securities to improve asset efficiency. The sale will reduce Nintendo shareholdings from approximately 8.8 million to 2.8 million shares, with the gain recognized as special profit in individual financial statements for the fiscal year ending March 2026.

CHORI CO.,LTD.

8014 · 蝶理株式会社

The company's board of directors resolved on February 27, 2026 to liquidate its consolidated subsidiary Sumocho Corporation and forgive outstanding loans totaling $41.38 million (approximately ¥6,478 million). The debt forgiveness is expected to reduce corporate income taxes by approximately ¥2,178 million in fiscal year ending March 2026, as previously non-deductible loan loss provisions become tax-deductible.

Japan Asia Investment Company, Limited

8518 · 日本アジア投資株式会社

The company terminated two anonymous partnership subsidiaries (合同会社JDIP-8 and JDIP-11) that were engaged in disability group home rental operations. The termination occurred due to a strategic shift from anonymous partnership investment schemes to direct lending schemes for disability group home projects. The company's operational control rights decreased from 100% to 0% in both entities as of February 27, 2026.

Nishimatsu Construction Co., Ltd.

1820 · 西松建設株式会社

The company sold a portion of its investment securities holdings between December 2025 and February 2026 to rationalize its policy portfolio and improve asset efficiency in accordance with the Corporate Governance Code. This transaction will result in recording investment securities gain of 5,500 million yen in extraordinary gains for the fiscal year ending March 2026.

Osaki Electric Co.,Ltd.

6644 · 大崎電気工業株式会社

Oji Holdings' consolidated subsidiary Osaki Estate Co., Ltd. agreed to sell real estate assets (land and building) located in Minato Ward, Tokyo to Escon Corporation for approximately 6 billion yen in gain on sale. The transaction is scheduled to close in late March 2026, with the gain to be recorded as extraordinary income in the fiscal year ending March 2026.

UNITIKA LTD.

3103 · ユニチカ株式会社

The company resolved to dissolve Nihon Ester Co., Ltd., a wholly-owned subsidiary, at a Board of Directors meeting held on February 26, 2026. Following the dissolution, Nihon Ester will cease to be a specified subsidiary of the company. The dissolution date has not yet been determined.

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.

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.

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.

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.

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.

YA-MAN LTD.

6630 · ヤーマン株式会社

The company's board of directors resolved on February 25, 2026 to establish a subsidiary in Shanghai, China with capitalization of 3 million USD. The new subsidiary will engage in beauty device sales through B-to-C e-commerce platforms in China and qualifies as a specified subsidiary (特定子会社), requiring disclosure under financial instruments and exchange law provisions.

Fujikura Ltd.

5803 · 株式会社フジクラ

The company resolved to liquidate Fujikura Europe (Holding) B.V. (FEH), an intermediate holding company for its European automotive manufacturing operations, to clarify investment structure and reduce costs. This liquidation will result in recognition of a 10.5 billion yen deferred tax asset in the fiscal year ending March 2026, reflecting the tax benefit from realizing losses on the investment when liquidation is completed.

Hakuyosha Co.

9731 · 株式会社白洋舍

The company has decided to divest a rental property (Kobe Land) located in Kobe, Higashi-Nada Ward with an area of 835.61 square meters to Hankyu Hanshin Real Estate Co., Ltd. for effective utilization of held assets and capital allocation to equipment investments. The transaction is scheduled to close on March 6, 2026, and is expected to generate a non-recurring gain of 1,003 million yen in the first quarter of fiscal year ending December 2026.

Aeria Inc.

3758 · 株式会社アエリア

The company's consolidated subsidiary, Aeria Investment No. 2 Co., Ltd., established and invested in a limited liability partnership called Hakata Hotel Plan No. 1 LLP for real estate investment purposes. The investment amount of 520 million yen exceeded 10% of the company's capital, causing the LLP to become a specified subsidiary (特定子会社), triggering mandatory disclosure under the Financial Instruments and Exchange Act.

DAIWA HOUSE INDUSTRY CO., LTD.

1925 · 大和ハウス工業株式会社

The company established CRC Holdings LLC, a new holding company incorporated in Delaware, USA, to facilitate fundraising for its consolidated subsidiary CastleRock Communities LLC. The restructuring involved existing shareholders transferring their equity interests in CastleRock Communities LLC to the new holding company in exchange for equity interests in CRC Holdings LLC. Following this reorganization, CRC Holdings LLC became a specified subsidiary with the company holding an 89.11% indirect ownership stake.

KANTSU CO.,LTD.

9326 · 株式会社関通

The company has resolved to establish a wholly-owned subsidiary, Cyber Governance Lab Co., Ltd., through a simplified share transfer (新設分割) effective April 1, 2026. The new subsidiary will inherit all rights and obligations related to the company's cybersecurity consulting business, which was developed from practical experience gained during a ransomware attack suffered in September 2024.

Commerce One Holdings Inc.

4496 · 株式会社コマースOneホールディングス

The company sold a portion of its investment securities (one security) between December 19-31, 2025, to improve asset efficiency and strengthen financial position in accordance with Corporate Governance Code requirements regarding policy-held stocks. The sale generated an investment securities gain of 75,326 thousand yen, which will be recorded in the third quarter of fiscal year ending March 2026.

TEAC CORPORATION

6803 · ティアック株式会社

The company completed the dissolution and liquidation procedures of its consolidated subsidiary TEAC UK LTD. (UK) on February 17, 2026. This resulted in the reversal of accumulated translation differences and recognition of approximately 322 million yen in gains from the subsidiary liquidation as a separate disclosure item in the consolidated financial statements for the fiscal year ending March 2026.

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.

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.

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