📋 Material Events 1086

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.

Brangista inc.

6176 · 株式会社ブランジスタ

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

Chugai Mining Co.,Ltd.

1491 · 中外鉱業株式会社

The filing reports a change in specified subsidiary status for two existing subsidiaries: Intex Co., Ltd. (machinery sales/trading) and CareerMate Co., Ltd. (temporary staffing). This reclassification occurred because the parent company reduced its capital to 100 million yen on August 15, 2022, causing these subsidiaries (both 100% owned) to exceed the 10% threshold and meet the definition of specified subsidiaries under financial instruments law.

Chugai Mining Co.,Ltd.

1491 · 中外鉱業株式会社

The company established CHUGAI HAWAII LLC, a real estate business subsidiary in Honolulu, Hawaii on November 5, 2025, with capital of USD 100,000. The subsidiary qualifies as a specified subsidiary (特定子会社) as its capital amount reaches 10% or more of the parent company's capital, requiring disclosure under the Financial Instruments and Exchange Act.

AVANTIA CO., LTD.

8904 · 株式会社AVANTIA

The company established an overseas subsidiary, Avantia USA Inc., in Delaware on December 26, 2025, through a capital investment that resulted in the subsidiary becoming a specified subsidiary (特定子会社). The investment gives the parent company 100% voting rights, with the subsidiary's capital of $2.5 million meeting the threshold of at least 10% of the parent company's capital.

Kuroda Group Co., Ltd.

287A · 黒田グループ株式会社

The company's three specified subsidiaries—Kuroda Filtration Systems Technology (Shenzhen) Co., Ltd., Shanghai Kuroda Trading Co., Ltd., and Kuroda Manufacturing Vietnam Co., Ltd.—underwent capital reductions that resulted in their capitalization falling below 10% of the parent company's capital. Consequently, these three subsidiaries no longer qualify as specified subsidiaries under financial instruments exchange law. The capital reductions became effective on July 9, July 16, and October 8, 2025, respectively.

Cominix Co.,Ltd.

3173 · 株式会社Cominix

Kawanobe Seisakusho Co., Ltd., a consolidated subsidiary of the company, sold a portion of its investment securities holdings in December 2025 to strengthen financial condition and optimize management resources. The sale is expected to generate approximately ¥248 million in gains on sale of securities to be recorded as extraordinary profit in the fiscal year ending March 2026.

Nihon M&A Center Holdings Inc.

2127 · 株式会社日本M&Aセンターホールディングス

The company has resolved to establish a new subsidiary, J-Capital Co., Ltd., as an intermediate holding company for its fund business operations effective April 1, 2026. The fund business rights and obligations will be transferred to the newly established company through a simplified share split, with J-Capital becoming a 100% subsidiary of the parent company. This reorganization aims to clarify decision-making authority, develop management talent, and maximize group enterprise value.

OKAYA ELECTRIC INDUSTRIES CO.,LTD.

6926 · 岡谷電機産業株式会社

The company sold a portion of its investment securities (one listed equity security) on February 6, 2026, to reduce policy holdings and improve capital efficiency in accordance with the Corporate Governance Code. This transaction resulted in an investment securities gain of 178 million yen to be recorded as extraordinary profit in the fiscal year ending March 2026.

RIZAP GROUP,Inc.

2928 · RIZAPグループ株式会社

The company sold all 9,245,300 shares of Bitcoin Japan Corporation (formerly Hotta Marusei Corporation) that it held on an exchange market between November 14 and December 29, 2025. The sale resulted in a special gain of 1,240 million yen recorded in the fiscal year ending March 2026.

FUJITA KANKO INC.

9722 · 藤田観光株式会社

The company sold a portion of its investment securities held in DOWA Holdings Co., Ltd. on February 12, 2026. This transaction resulted in an investment securities sale gain of 5,999 million yen, which will be recorded as extraordinary income in the first quarter consolidated and non-consolidated financial statements for the fiscal year ending December 2026.

Mitsubishi Estate Company, Limited

8802 · 三菱地所株式会社

The company reports that Nagoya Minato Development Specified Purpose Company (名古屋みなとデベロップメント特定目的会社), a special purpose company established under the Asset Securitization Law, will be dissolved and is ceasing to be a subsidiary. The dissolution resolution is scheduled for February 17, 2026, with the formal dissolution on March 2, 2026, followed by liquidation during fiscal 2026.

Sharp Corporation

6753 · シャープ株式会社

The company announced revisions to its restructuring plan initially disclosed in May 2025. The company will record 14.9 billion yen in special losses related to business restructuring costs, primarily due to failed asset transfers to Foxconn and a failed technology transfer to an Indian LCD manufacturer, resulting in production suspensions and business terminations at multiple facilities.

Keio Corporation

9008 · 京王電鉄株式会社

The company has decided to sell a portion of its strategic shareholdings in multiple listed securities to improve asset and capital efficiency. The company expects to record an investment securities sale gain of approximately 9.0 billion yen as extraordinary profit in the consolidated and individual financial statements for the fiscal year ending March 2026.

DIGITAL HOLDINGS,INC.

2389 · 株式会社デジタルホールディングス

The company's consolidated subsidiary, Bankable Inc., was resolved to be dissolved and liquidated on December 8, 2025. As a result, the company recorded a subsidiary stock valuation loss of 1,477 million yen in individual financial statements for the fiscal year ended December 2025. The loss is eliminated in consolidated financial statements and has no impact on consolidated results.

Cookpad Inc.

2193 · クックパッド株式会社

Cookpad has decided to dissolve and liquidate its subsidiary PT Cookpad Digital Indonesia, which operated a recipe service business. The company owned 100% of the subsidiary (99.67% indirect ownership), and the liquidation process is expected to be completed by end of fiscal 2028 in accordance with local Indonesian law.

Cookpad Inc.

2193 · クックパッド株式会社

Cookpad Inc. has decided to dissolve and liquidate its specified subsidiary Cookpad Spain, S.L., a recipe service development and operations company based in Alicante, Spain. The liquidation process is expected to be completed during 2027 in accordance with local Spanish laws.

TOPY INDUSTRIES,LIMITED

7231 · トピー工業株式会社

The company sold a portion of its policy-held securities (strategic shareholdings) between August 7, 2025 and February 5, 2026 to reduce its policy stock portfolio. This divestiture generated an investment securities sale gain of 5,887 million yen, which will be recorded as extraordinary income in the fiscal year ending March 2026.

Tokyo Electron Limited

8035 · 東京エレクトロン株式会社

The company's Board of Directors resolved on February 6, 2026 to sell a portion of its investment securities holdings to reduce policy-held stocks and improve capital efficiency. The transaction is expected to generate 76 billion yen in gains on sale of investment securities as special profit in the fiscal year ending March 2026.

MUSASHI SEIMITSU INDUSTRY CO.,LTD.

7220 · 武蔵精密工業株式会社

The company announced a structural reform of its European operations, specifically affecting Musashi Europe GmbH (Germany subsidiary), involving closure of 3 German facilities, subsidiary liquidation, workforce reduction, and consolidation of production functions to existing facilities in Germany and Hungary. The restructuring is expected to result in approximately 7.1 billion yen in charges including enhanced severance payments and related costs to be recorded in Q3 of fiscal year 2026.

RUNSYSTEM CO.,LTD.

3326 · 株式会社ランシステム

The company recorded an 8 million yen special loss in Q3 FY2026 related to the closure of a directly operated store, primarily consisting of fixed asset disposal loss. The company simultaneously recorded 73 million yen in special gains from relocation compensation received in connection with the store closure.

Ajinomoto Co., Inc.

2802 · 味の素株式会社

The company has decided to sell its headquarters building (land and structure) located in Chuo-ku, Tokyo for approximately 45.1 billion yen (sale price) as part of capital efficiency improvement measures in connection with the planned headquarters relocation announced on June 7, 2024. The transaction, decided by the Board on February 5, 2026, is expected to generate an extraordinary gain of approximately 381-406 billion yen depending on accounting standards applied, with delivery scheduled for February 27, 2026.

NAGASE & CO., LTD.

8012 · 長瀬産業株式会社

The company decided on February 5, 2026 to establish a new subsidiary, Nagase Circrea (Wuxi) New Material Co., Ltd., in Wuxi, China, with capital of USD 30 million. Upon completion of the investment, the new company will become a specified subsidiary as the investment amount equals or exceeds 10% of the parent company's capital, triggering mandatory disclosure under the Financial Instruments and Exchange Act.

MARUDAI FOOD CO.,LTD.

2288 · 丸大食品株式会社

The company has decided to sell a portion of its investment securities holdings between February and March 2026 as part of efforts to reduce strategically held stocks, improve capital efficiency, and strengthen its financial position. The company expects to record an extraordinary gain of approximately 4,600 million yen from these securities sales in the fiscal year ending March 2026.

MUTOH HOLDINGS CO., LTD.

7999 · MUTOHホールディングス株式会社

The company's Board of Directors resolved on February 4, 2026 to divest real estate and other fixed assets held by the company and its group. The assets are scheduled for delivery on March 27, 2026, with an estimated gain on sale of 13,154 million yen to be recorded as extraordinary income in both individual and consolidated financial statements for the fiscal year ending March 2026.

SANYO SHOKAI LTD.

8011 · 株式会社三陽商会

The company decided to sell a portion of its investment securities holdings as part of asset optimization efforts. The sale is planned for February 2026 and is expected to generate investment securities gains of approximately 3.9-4.1 billion yen to be recorded as extraordinary profit.

Mitsubishi Kakoki Kaisha, Ltd.

6331 · 三菱化工機株式会社

The company executed the sale of two parcels of rental real estate (parking lots) totaling 605.86 m² located in Kawasaki, Kanagawa on January 27, 2026, as part of its medium-term management plan to compress non-business assets. The transaction is expected to generate a gain of approximately 1,381 million yen, which will be recorded as extraordinary income in the fiscal year ending March 2026.

NICHIREI CORPORATION

2871 · 株式会社ニチレイ

Nichirei Global Foods, LLC, a subsidiary of InnovAsian Cuisine Enterprises Inc. (which is owned by Nichirei Foods Co., Ltd.), will undergo a capital increase from $1,000 to $105,701,000. This capital increase will cause the subsidiary's capital to exceed 10% of the parent company's capital, thereby qualifying it as a specified subsidiary (特定子会社) requiring disclosure under the Financial Instruments and Exchange Act.

YAMATO KOGYO CO.,LTD.

5444 · 大和工業株式会社

The company's Board of Directors resolved on February 2, 2026 to sell a portion of its held investment securities to improve asset efficiency. The company expects to record approximately 13 billion yen in gains from the sale of investment securities as extraordinary income in the fiscal year ending March 2026.

Mitsubishi Electric Corporation

6503 · 三菱電機株式会社

The company implemented a 'Next Stage Support Program' special measure offering early retirement incentives to employees aged 53+ with 3+ years of service. A total of 2,378 employees applied during the recruitment period (December 15, 2025 - January 9, 2026), with retirement effective March 15, 2026. The company will record approximately 65 billion yen in special losses in the fiscal year ending March 2026.

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The company is selling a portion of its shares in Kanden Engineering Co., Ltd. (株式会社関電工), generating a gain on sale. The company expects to record 28.6 billion yen in special gains from securities sale proceeds in the individual financial statements for the fiscal year ending March 2026.

Mitsubishi Chemical Gloup Corporation

4188 · 三菱ケミカルグループ株式会社

Mitsubishi Chemical Group announced on February 2, 2026, that its subsidiary Mitsubishi Chemical Corporation will exit the coke and carbon material business (needle coke and pitch coke) produced at its Kagawa facility. The company expects to record approximately 85 billion yen in total non-recurring losses, including impairment losses of approximately 19 billion yen in Q3 FY2026 and approximately 66 billion yen in removal and employee support costs in Q4 FY2026.

FUTABA INDUSTRIAL CO., LTD.

7241 · フタバ産業株式会社

The company's board of directors resolved on February 2, 2026 to initiate liquidation proceedings for its consolidated subsidiary Tianjin Shuangxie Machinery Industrial Co., Ltd. (天津双協機械工業有限公司). To address the subsidiary's debt-to-equity deficit, the parent company will convert it to a wholly-owned subsidiary and inject additional capital before commencing liquidation. The company expects to record approximately 3.0 billion yen in special losses related to the subsidiary's liquidation in the fiscal year ending March 2026, though this will be eliminated in consolidated financial statements.

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The company has decided to dissolve and liquidate its subsidiary Glocal K Corporation, which is engaged in regional revitalization research and consulting services. This decision was approved at the Board of Directors meeting on January 28, 2026, and the subsidiary will cease to be classified as a specified subsidiary upon completion of liquidation.

SHIMIZU CORPORATION

1803 · 清水建設株式会社

The company resolved to subscribe to a third-party capital increase of Aomi Construction Co., Ltd., a marine civil engineering company, which will result in Aomi Construction becoming a specified subsidiary with the company holding 100% voting rights. The capital increase is planned for late June 2026, with Aomi Construction's capital increasing from 355 million yen to 12,855 billion yen.

Hulic Co.,Ltd.

3003 · ヒューリック株式会社

The company has decided to acquire Godo Kaisha Hamakaze Property as a specified subsidiary by investing in an anonymous partnership (匿名組合) where this company serves as the operator. The investment amount is planned at 26.5 billion yen, and the transaction is scheduled to be completed on February 26, 2026.

FUKOKU CO.,LTD.

5185 · 株式会社フコク

The company and its consolidated subsidiary Korea Fukoku Co., Ltd. established FKC America, Inc. in Virginia, USA on December 15, 2025, for manufacturing and selling industrial rubber products. Following capital contributions by the parent company and Korea Fukoku on January 28, 2026, FKC America became a specified subsidiary with the parent company holding 90% voting rights (60% direct, 40% indirect).

V-cube, Inc.

3681 · 株式会社ブイキューブ

The company's board of directors resolved on January 27, 2026 to dissolve and liquidate its consolidated subsidiary Teleqb Inc., which operates individual booth-type workspaces. The liquidation is scheduled to be completed on May 29, 2026, and is being reported as the subsidiary qualifies as a specified subsidiary under the Financial Instruments and Exchange Act.

Juroku Financial Group, Inc.

7380 · 株式会社十六フィナンシャルグループ

The company is establishing its status as a specific subsidiary by completing its investment in "Juroroku Management Succession Support No. 2 Investment Partnership" (a limited liability investment partnership). The total investment amount is 10 billion yen, which reaches 10% or more of the company's capital, thereby triggering the mandatory disclosure requirement under the Financial Instruments and Exchange Act.

DENTSU GROUP INC.

4324 · 株式会社電通グループ

Dentsu Inc. decided on December 24, 2025 to divest the Dentsu Ginza Building, a historic office property in Tokyo's Ginza district, to optimize capital allocation and reduce operational costs. The transaction is expected to generate approximately 296 billion yen in consolidated transfer gains in the fiscal year 2026, with the asset transfer scheduled for January 30, 2026.

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.

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.

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.

Birdman Inc.

7063 · 株式会社Birdman

The company sold a portion of its investment securities (有価証券) on December 30, 2025, resulting in a gain on sale of investment securities. This gain of 62 million yen will be recorded as extraordinary income in the second quarter of the fiscal year ending June 2026 for both individual and consolidated financial statements.

OGURA CLUTCH CO.,LTD.

6408 · 小倉クラッチ株式会社

The company's board of directors resolved on January 16, 2026 to dissolve and liquidate its wholly-owned subsidiary Ogura Clutch India PVT. LTD., a company engaged in sales of transportation equipment and general industrial products based in Gurugram, India. The liquidation will proceed according to local legal requirements in India, and the subsidiary will cease to be a specified subsidiary of the company upon completion of the liquidation process.

Wel-Dish. Incorporated

2901 · 石垣食品株式会社

The company approved a simplified spin-off effective February 24, 2026, to establish a new subsidiary, Ishigaki Food Co., Ltd., which will assume all rights and obligations related to the consumer food and beverage sales business. Subsequently, the parent company plans to transfer 34% of the newly established company's shares to Hiroyoshi Ishigaki on the same effective date.

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The company's subsidiary JJB Link Logistics Hong Kong Limited, an international logistics company based in Hong Kong with 100% ownership, has been delisted as a specific subsidiary following its liquidation. The liquidation was completed on December 25, 2025, resulting in the company no longer holding any voting rights in the subsidiary.

Kirin Holdings Company, Limited

2503 · キリンホールディングス株式会社

The company has decided to dissolve and liquidate Lion Global Craft Beverages Pty Ltd, its wholly-owned subsidiary engaged in alcoholic beverage business in Australia. As a result of this liquidation, the subsidiary will no longer qualify as a specified subsidiary of the company, with the process expected to be completed during 2026.

Mitsubishi HC Capital Inc.

8593 · 三菱HCキャピタル株式会社

Mitsubishi HC Capital Realty Co., Ltd. (a consolidated subsidiary) decided on January 5, 2026, to make a staged investment in Fukuoka Kasuga Logistics Special Purpose Company from January 2026 through May 2027. Upon completion of the investment, the capital will reach ¥4,180 million with the parent company holding 99.99% voting rights, making it a specified subsidiary by May 2027.

H.I.S. Co., Ltd.

9603 · 株式会社エイチ・アイ・エス

H.I.S. GLOBAL TRAVEL PTE. LTD., a consolidated subsidiary of the company, established a new subsidiary called HIS GLOBAL BUSINESS Limited Liability Company in Uzbekistan on September 8, 2025. The new company has a capital of 800,000,000 Uzbekistani Som and operates in the travel business sector, with the parent company holding 100% voting rights.