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1811 articles · newest first

  1. Sep 17, 2026 · 2 min read

    Synspective Secures ¥20bn From 13 Banks, With Balance-Sheet Covenants Attached

    Synspective's new syndicated loan, arranged by Mizuho Bank and backed by Japan's three megabanks plus ten other lenders, funds satellite manufacturing and launches, but two financial covenants will test the company's net assets and quarterly liquidity over the loan's five-year, three-month term, and Synspective now expects total borrowing costs, reflecting both the larger facility size and higher interest rates than assumed, to run about ¥187mn above its original internal assumption, a figure only partly built into its published guidance for the year to December 2026.

  2. Sep 17, 2026 · 2 min read

    Keywest Network Crosses 82.88% Stake in Future Corporation After ¥2,451 Tender Offer

    Keywest Network's tender offer for Future Corporation has closed with the buyer group at 82.88% of the company, financed largely by a ¥106bn Sumitomo Mitsui Banking Corporation loan secured against the shares themselves, and a share consolidation to force out remaining holders is now planned for late November or early December.

  3. Sep 17, 2026 · 2 min read

    Bain's Revised Kakaku.com Bid Still Trails Its Rival Unless KDDI Signs Off

    Bain Capital and LINE Yahoo's revised ¥3,597 tender offer for Kakaku.com shares remains below the rival Kamgras 1 bid of ¥3,680, and only a non-tender agreement with KDDI, which would lift the price to ¥3,720, could change that before Kakaku.com's board and special committee decide which offer to back.

  4. Sep 17, 2026 · 2 min read

    FSA Moves Securities Penalty Hearings Online, but Keeps Old Safeguards

    Japan's markets regulator will let respondents in surcharge hearings appear by video and file evidence electronically from November 30, but its public-comment responses show it declined stricter camera checks and a ban on personal USB drives connecting to its own terminals.

  5. Sep 17, 2026 · 3 min read

    Japan Bars Deficit Bonds to Fund Its Two-Year Food Tax Cut

    Tokyo's cabinet has locked in a two-year cut to the consumption tax on food and drink, and Japan's finance minister says the shortfall must come from spending and revenue reviews, not deficit-covering bonds that investors would have to absorb.

  6. Sep 16, 2026 · 2 min read

    Kringle Pharma Narrows Loss Forecast After Signing Maruishi Licensing Deal

    Kringle Pharma raised its annual sales guidance and narrowed its projected loss for the year to September 2026 after signing an exclusive Japan licensing deal with Maruishi Pharmaceutical for an experimental vocal-fold-scar treatment, under which it will record a ¥100 million upfront fee as revenue this fiscal year, with roughly half of the improved loss forecast coming instead from ¥108 million of development spending that shifted into next year.

  7. Sep 16, 2026 · 2 min read

    Shionogi's Eczema Cream Wins Japanese Approval for Children Under 12

    Shionogi and Torii Pharmaceutical secured Japanese approval to prescribe a 0.5% version of their non-steroid eczema cream to children under 12, backed by a trial in patients aged 2 to under 12 showing it beat plain vehicle cream over eight weeks with good long-term tolerability.

  8. Sep 16, 2026 · 2 min read

    FSA Adds Liquidity Checklist Item for Japan's Public Investment Trusts

    Japan's financial regulator finalized a new supervisory checkpoint asking whether investment-trust managers take reasonable steps to match liquidity, such as setting redemption terms to the liquidity of the assets they hold or introducing a variable trust-property reserve, effective October 2027, after a public comment argued the change does nothing to curb high fees charged to ordinary savers.

  9. Sep 16, 2026 · 2 min read

    Audiostock Lists on Tokyo's Growth Market With a Licensing-Plus-Royalties Model

    Audiostock, the Okayama-based operator of the Audiostock stock-music licensing platform, listed on the Tokyo Stock Exchange Growth Market on September 16, 2026, after swinging from an operating loss three years ago to a 25.3% margin on ¥1.51bn in revenue; the company now guides for 16% revenue growth but a 25.6% drop in net profit this year as a one-off tax benefit unwinds.

  10. Sep 16, 2026 · 2 min read

    Integral's Funds Exit Oliver's Shareholder Register as It Lists in Tokyo

    Three Integral-linked funds that held 85% of interior-fit-out maker Oliver's votes fell to zero percent on its Tokyo Standard market debut, though millions of shares remain on loan to Nomura until mid-October and Oliver is guiding for an 8.5% revenue rise with a 70% payout ratio this year.

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