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  1. Sep 17, 2026 · 3 min read

    Terra Drone Says Its First Defense Revenue Lands This Autumn

    Terra Drone told investors it landed two Ministry of Defense tenders far faster than the usual three-to-four-year entry timeline and expects its first defense revenue in September or October, while betting that a mandatory domestic-parts rule for flight controllers, batteries, motors and chargers would strengthen its position against foreign suppliers.

  2. Sep 17, 2026 · 2 min read

    Mercari's Profit Jumps 36% as Marketplace Growth Returns to Double Digits

    Mercari's net profit rose 36% to ¥35.4bn in the year to June 2026, as marketplace transactions topped ¥1.29tn on renewed double-digit growth, its Mercard credit card program passed 6 million cards issued, and its long-breakeven US business posted its best result yet, even though the company again paid no dividend.

  3. Sep 17, 2026 · 2 min read

    Saint Marc pays ¥12.8bn for the Tsurutontan udon chain to chase inbound diners

    Saint Marc Holdings will spend ¥12.8bn in cash to acquire the Tsurutontan udon and washoku business from Osaka's K-Express, a Kato Pleasure Group unit whose operating profit fell by more than half last year, and plans to use the brand's inbound following to expand into major Japanese cities and ASEAN markets before the deal takes effect on December 1, 2026.

  4. Sep 17, 2026 · 2 min read

    Air Water Turns Its Accounting Scandal Into a Company-Wide Portfolio Purge

    Air Water is screening every subsidiary in its group on strategic fit, financial performance and governance, and says businesses judged better suited to a different owner will be transferred promptly, with proceeds funding both extra shareholder payouts and ongoing growth investment.

  5. Sep 17, 2026 · 2 min read

    SanBio Targets Just Six Patients for Its ¥72.7mn Brain Therapy This Year

    SanBio's newly launched cell therapy for chronic motor paralysis after traumatic brain injury, priced at ¥72.7mn a treatment, has generated no revenue and no dosed patients four months after its Japanese launch, and the company is now targeting only six cases by the fiscal year-end in January while its cash pile fell ¥2.34bn to ¥12.75bn over the same half-year.

  6. Sep 17, 2026 · 2 min read

    Japan's Cabinet Office Would Give Prefectures a Say Over Cross-Border Office Siting

    A Cabinet Office draft revising Japan's national Urban Regeneration Basic Policy would give prefectures authority to coordinate office and facility siting decisions that cross municipal lines, strip every disaster-hazard zone out of areas meant to concentrate housing, and add new heritage-renovation and area-management tools, with public comment open only through September 30, 2026.

  7. 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.

  8. 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.

  9. 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.

  10. 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.

  11. 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.

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