Oricon’s tender price comes with a vanished dividend

From June 1, prefectural police will be able to send online inquiries through the National Police Agency to participating banks under a new framework meant to trace, freeze and recover money lost to special fraud. The initial list covers Mizuho, MUFG, Sumitomo Mitsui, Resona, Seven Bank, Rakuten Bank, AEON Bank, SBI Shinsei Bank and Japan Post Bank. The point is speed. Authorities say the old process often relied on document-based inquiries, giving criminal groups time to move money from the first recipient account into others before banks could reply. The new setup is meant to shorten the gap between a fraud report, identification of downstream accounts and a freeze request.

The Basel Committee's May 19-20 meeting produced one finished document and two live workstreams. It agreed to publish a report on ICT risk management, said a targeted review of banks' crypto-asset exposure standards had advanced, and said it is considering targeted revisions to liquidity-risk principles. The committee also said the global banking system remains resilient, supported by capital and liquidity, while flagging geopolitical uncertainty, private-credit interconnections and AI-related cyber risk as issues that still warrant close supervisory attention.

The FSA added a Q&A saying banks on the standardized approach may reflect the credit-risk mitigation effect of qualifying financial collateral sitting inside a corporate-value collateral package, provided they can show supervisors how the relevant security interests are maintained and reviewed. In the same note, the agency says exposures covered by NEXI insurance can be treated under the standardized approach as backed by a government guarantee. For banks using internal ratings-based models, the clarification is slightly broader: qualifying financial collateral or qualifying asset collateral inside the pledged asset pool may be recognised, again subject to case-by-case judgment and a documented control framework around the collateral rights.

The FSA published the outputs from its work on ISSB-related discussions, including a report on the September 2025 Sustainability Standards Advisory Forum. Even through the rough extracted text, the visible agenda clusters around support for IFRS S1 and IFRS S2 adoption, climate-related transition-plan disclosure and links to the GHG Protocol — a useful sign that the debate has moved from principle to reporting mechanics.

The FSA has opened public comment on a draft amendment that would let certain financial-statement information count as provided if investors can access it electronically for five years from the statutory notice. The proposed route is tied to internet-based public transmission methods and would apply only if the investment corporation's articles allow it. It is still a draft, not a live rule. But the proposal is a clear sign that disclosure compliance for investment corporations is being redesigned around continuous online availability rather than one-off paper delivery.

BlueMeme barely changed revenue guidance for the year ending March 2026, trimming it to ¥3,299 million from ¥3,300 million. Profit took the hit instead: operating profit is now seen at ¥125 million versus ¥150 million, ordinary profit at ¥130 million versus ¥150 million, and net profit attributable to parent shareholders at ¥83 million versus ¥100 million. Management blamed heavier operating expenses from engineer recruitment, outsourced support while new hires are still in training, and higher hiring costs. The company also says the figures remain unaudited estimates, and its June 26 annual meeting will need a continuation session because audit procedures on the year's accounts are not yet complete.

Ito En lifted its outlook for the year ended April 2026 to ¥497.8 billion in sales from ¥495.0 billion, ¥21.6 billion in operating profit from ¥20.0 billion, and ¥23.2 billion in ordinary profit from ¥21.0 billion. Net profit guidance rose to ¥3.4 billion from ¥1.0 billion. The company said total cost cuts, solid overseas business led by North America and ASEAN, and foreign-exchange gains from a weaker yen more than offset stubborn raw-material inflation and a still-frugal consumer backdrop.

Toyo Corporation kept revenue guidance unchanged at ¥2,622 million for the year ending March 2026, but cut operating profit to ¥102 million from ¥136 million, ordinary profit to ¥38 million from ¥73 million, and net profit attributable to parent shareholders to ¥22 million from ¥44 million. The reason is an inventory review, not a sales miss. The company said part of the real-estate property costs previously included in inventory should instead be recognised as current-period cost of goods sold, which pushes down profit while leaving revenue unchanged.

Toyota says the June 29 effective date is unchanged for transferring the OneStream logistics-efficiency system business to OneStream Co. What changed is the balance sheet on the other side: the successor company's capital is now expected to be ¥150 million when the split takes effect, and could rise further if a Class A preferred-share allotment approved on May 28 is paid in between June 30 and July 31.

J Group lifted its interim dividend forecast for the year ending February 2027 to ¥3 a share from ¥2, with the extra ¥1 explicitly tagged as a 30th-anniversary dividend. The year-end forecast stays at ¥2, lifting the annual total to ¥5 from ¥4. The anniversary push extends beyond cash. From the end-August shareholder register, the standing meal-voucher scheme becomes richer at higher holding tiers, and shareholders with at least 100 shares will also receive a one-off ¥1,000 anniversary voucher in late October.

FOOD & LIFE COMPANIES plans a new subsidiary, tentatively named FOOD & LIFE KYORITSU MARINE, with capital of ¥100 million and a stated business of supporting aquaculture companies. The filing says Food & Life will hold 60% of voting rights, names Kazuo Araya as representative, and points to an October launch, though both the name and location are still marked tentative.

Invesco Asset Management has begun the process to redeem the Invesco Real Asset Growth Fund early, with August 6 set as the scheduled date if the required written resolution passes. The trigger is structural rather than performance-related: the Luxembourg vehicle the fund mainly uses is itself being redeemed and has stopped accepting additional investment, and notices go to known unitholders as of May 29.

Simplex Financial Holdings posted revenue of ¥22.5 billion for the year ended March 2026, up from ¥16.3 billion, while net profit attributable to owners climbed to ¥10.6 billion from ¥7.1 billion. Management says assets under management rose 2.9%, but performance fees jumped 53.6%, which is where most of the operating leverage showed up. Split-adjusted earnings per share were ¥317.33 versus ¥137.14 a year earlier, and cash and cash equivalents finished March at ¥23.6 billion. The company is not giving earnings guidance for the current year and has left the dividend forecast undecided.