Article Archive
All Tokyo Brief articles
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Jul 23, 2026 · 2 min read
Hokkaido Electric's first public hybrid bond fixes a 3.393% coupon until 2033, runs to a 2063 maturity, and gives the utility discretion to defer interest payments, terms that let R&I and JCR count half the ¥80bn issue as equity rather than debt.
Jul 23, 2026 · 3 min read
Japan's FSA has told regional lenders that revised supervisory guidance backs, rather than blocks, voluntary branch closures amid population decline, while adding hearings that stress-test five-year earnings and capital forecasts against demographic and interest-rate scenarios.
Jul 23, 2026 · 3 min read
Faster customer acceptance inspections, not a jump in AI chip orders, drove a 16% profit beat for DISCO in the June quarter, and the Tokyo chip-tool maker used the visibility to raise its interim dividend to ¥171 a share and disclose second-quarter guidance for the first time this year.
Jul 23, 2026 · 2 min read
A one-month comment window closing August 21 will decide whether Japan's economic-security certification track also covers the services that keep critical materials flowing, not just the materials themselves.
Jul 22, 2026 · 3 min read
OBIC's quarterly net profit rose 16.3% on stronger ERP and cloud demand, but a swing in unrealized securities valuations cut comprehensive income by more than three-quarters, and the software vendor left its full-year guidance untouched anyway.
Jul 22, 2026 · 2 min read
Mitsui & Co. and Penske Corporation have submitted a non-binding proposal to buy out the roughly 27.8% of Penske Automotive Group they don't already own, valuing the New York-listed retailer at $13.8bn.
Jul 22, 2026 · 2 min read
Kanagawa Denryoku, the solar-power subsidiary of Oizumi Corporation, is spending about ¥1.1bn on two small hotels in Atami and Ito as falling feed-in-tariff rates and expiring purchase contracts squeeze its renewable-energy returns.
Jul 22, 2026 · 3 min read
One REIT is selling its 38-year-old Nagoya Fushimi Square Building for ¥8.01bn in three tranches through March 2027, banking part of the ¥2.9bn gain as tax-deferred reserves so the profit lifts several distributions instead of spiking just one.
Jul 22, 2026 · 1 min read
AIMECHATEC has booked a roughly ¥2.5bn multi-line order for solder ball mounters used in AI data-centre chip packaging, though the revenue won't hit its books until the year to June 2028.
Jul 22, 2026 · 2 min read
Net profit at Japan's ERP bellwether OBIC rose 16.3% to ¥22.7bn in the June quarter, with its cloud-based system-support business growing faster than the core ERP software it sells directly to large and mid-sized firms, even as the company flags growing caution among corporate buyers.
Jul 22, 2026 · 2 min read
Higher-than-expected interest income at Juroku Bank pushed its parent, Juroku Financial Group, to raise near-term dividend guidance and lift its five-year return-on-equity target from 6% to 7% or more, a small but concrete sign of Japan's rate shift reaching a regional lender's bottom line.
Jul 22, 2026 · 3 min read
Mercury AIFLNP wants Pasona to buy back founder Yasuyuki Nanbu's roughly 48% voting stake unless the board adopts a family-governance policy within three months, but Nanbu has told the company he won't sell, and Pasona's board calls the proposal legally toothless.
Jul 22, 2026 · 2 min read
Chuikyo, Japan's insurance-pricing panel, set a ¥53.2mn reimbursement price for ReHeart, Cuorips's iPS cell-derived cardiac tissue sheet for severe heart failure, but sales cannot begin until the official listing takes effect on September 1.
Jul 22, 2026 · 2 min read
Nichirei says personal information stored on some breached servers was exposed and is notifying those affected, while still withholding how the attack happened as it works with police and outside security specialists.
Jul 22, 2026 · 2 min read
Crude oil and semiconductor purchases pushed Japan's imports to their highest level ever recorded in June, outpacing a record June for exports and leaving the country in deficit for a second straight month.
Jul 22, 2026 · 3 min read
Hijacked home IoT gadgets routed at least 1,918 of Japan's 4,369 online banking fraud cases in 2024, and the ministry now wants internet providers to help close the gap before comments close on August 4.
Jul 22, 2026 · 2 min read
Japan's telecom regulator wants to extend guaranteed nationwide service, and the subsidies that fund it, to mobile-network fixed phones and shared wireless broadband, a shift triggered by a new duty on carriers to supply service where no company otherwise will.
Jul 21, 2026 · 2 min read
MicroAd used a one-day ToSTNeT-3 trade to buy 1,020,400 shares, 3.71% of shares outstanding, from affiliate CyberAgent for ¥600.0mn, aiming to soften dilution from a new convertible bond and stock awards, while CyberAgent pledged to keep the rest of its stake long-term.
Jul 21, 2026 · 2 min read
Tokyo's new reconstruction subsidy pays Japanese firms up to two-thirds of costs to pursue Ukraine rebuilding work with European or Central/Eastern European partners, but only if a feasibility study comes bundled with an actual demonstration project, not as a standalone study.
Jul 21, 2026 · 2 min read
Tosei Reit Investment Corporation's unitholders approved adding hotels to its mandate on July 21, targeting mid-sized business hotels leased whole to a single operator rather than split among many tenants, with exposure capped at a fifth of the portfolio.
Jul 21, 2026 · 2 min read
Komehyo's June sales rose 30.5% year-on-year to ¥21.26bn, a marked slowdown from April's 51.5% and May's 50.5% gains, though duty-free shoppers still accounted for nearly 16% of the month's revenue and retail sales ran ahead of plan.
Jul 21, 2026 · 2 min read
Meiko Electronics will hand the Development Bank of Japan ¥7.11bn on August 5 to buy back and cancel its last outstanding preferred shares, a balance-sheet cleanup after stronger automotive and satellite circuit-board sales, with common shares outstanding unaffected.
Jul 21, 2026 · 2 min read
Japan's communications ministry and privacy watchdog accepted LY Corporation's final report on fixes to its 2023 data breach, closing off a compliance obligation that outlasted the original disclosure by nearly three years, though the one-page filing says nothing about what the regulators actually checked.
Jul 21, 2026 · 2 min read
Insource will cancel up to 4.7% of its shares and lift its year-end dividend to ¥35.00, using a ten-year Tokyo Stock Exchange anniversary to bundle capital returns onto nine-month profit growth of 6.2%.