Oasis Turns Up the Heat on Nidec — And Puts Delisting on the Table

Nomura Europe Finance disclosed that its dollar-hedged Tokyo REIT exchange-traded note has not traded since August 5, 2026, so the quoted ¥24,690 price is frozen even as the note's redemption value has run 5 to 7 percent below it for seven straight sessions, peaking at a 7.26% gap on September 11.

DKK has appointed three outside experts to check whether a ¥912mn inventory valuation loss booked in the year to March 2026 should have been recorded in the prior fiscal year or the September 2025 interim period, even as the company insists its original accounting was correct.

A fire that burned power cables serving reheating-furnace equipment at Nakayama Steel Works' Osaka plant has stopped the hot-rolling mill, though no one was hurt and downstream processing continues normally.

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.

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.

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.

Under a sponsor agreement signed September 16, Ledax will pay ¥670mn for full ownership of a new company that inherits Harika's roughly 100 stores and 450 corporate clients, while Harika's bank borrowings stay with the renamed original entity and closing is targeted for January 5, 2027.

To comply with a farmland law that bars non-farmers from majority voting control, Fujita Corporation is taking only 40% of the vote in a Hokkaido dairy farm it is buying for about ¥139mn, while non-voting preferred shares hand it 99.4% of the economics.

Kameda Seika will hand its full 49% stake in a loss-making Indian rice-cracker venture to majority partner LT Foods, ending a nine-year attempt to build the category there, with the sale price undisclosed and completion due in late October.

JUSTPLANNING is selling all three of its solar plants to Tokyu Fudosan and booking a ¥293mn gain that lifts its net-profit forecast 39.6% to ¥670mn, even though the sale itself trims sales and operating profit and ends the company's entire solar segment from October 1.

Core private-sector machinery orders, which exclude ships and electric-power orders, fell 3.7% in July from June, while total machinery orders fell a steeper 5.5%, according to the Cabinet Office's seasonally adjusted survey of 280 manufacturers.

Japan's Consumer Affairs Agency wants chat and DM sales pitches to carry the same disclosure, cooling-off and re-solicitation bans as phone sales, alongside a crackdown on subscription-trap checkout screens and bait pricing for callout repair services, with public comment open until October 31, 2026.

Foreign nationals holding qualifications as dental technicians or speech-language-hearing therapists could gain access to Japan's Medical residence status under a draft rule now open for public comment until October 15, with the agency citing growing regional medical needs from an aging patient base and targeting a November effective date.

Japan's securities regulator will accept greenhouse-gas figures companies already file under a two-decade-old climate law as valid input for the SSBJ climate standard, sparing filers a second calculation exercise.

Owners of specified buildings in Japan would face a new triennial test for PFOS and PFOA in drinking-water supplies if a draft health-ministry ordinance, open for comment until October 15, takes effect as planned in May 2027.

Japan's securities watchdog says a trader crossed its own buy and sell orders over ten sessions to fake demand and move the market price of a share on the Tokyo Stock Exchange's Standard market, yet the resulting surcharge recommendation is just ¥760,000.