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Japan Autos & Transport Company News (Page 3)

Earnings, deals and disclosures from Japan's listed autos & transport companies, in English.

  1. Toyota buys back ¥108.5bn of shares in September, lifting total to ¥195bn

    Toyota spent ¥108.5bn repurchasing 35.6mn shares in September, bringing cumulative buybacks under the ¥1tn authorization approved on 4 August to ¥195bn, or 19.50% of the yen cap.

  2. JR East prices ¥70bn of bonds, with coupons from 2.395% to 3.456%

    East Japan Railway's ¥70bn bond sale prices three-year paper at 2.395%, five-year at 2.761% and ten-year at 3.456%, with an AA+ rating from R&I and payment scheduled for October 16.

  3. NOK and Eagle Industry now sit under new NOK Group holding company

    NOK Corporation became a wholly owned subsidiary of the new NOK Group on October 1, 2026, after a joint share transfer with Eagle Industry, and its former group CEO took a representative director post at the parent.

  4. Mitsui O.S.K. Lines offers ¥22bn of bonds, with the money tied to LNG carriers

    Mitsui O.S.K. Lines is offering ¥9.1bn of five-year bonds at 2.857% and ¥12.9bn of ten-year bonds at 3.681%, and plans to spend the ¥21.889bn net proceeds on LNG-carrier investment by March 2027.

  5. Imasen to move all Wuhan output to Guangzhou by March 2027, booking a ¥1.2bn loss

    Imasen Electric plans to move all Wuhan production to Guangzhou by the end of March 2027, expects a special loss of about ¥1.2bn, and keeps its annual forecast because a separate investment-securities gain is expected in the same year.

  6. Mitsubishi Motors settles US subsidiary lawsuit, to book cost in July-September quarter

    Mitsubishi Motors said a settlement ended the lawsuit against Mitsubishi Motors North America on October 6 US time, will book the cost in the quarter to September, and kept its earnings forecast unchanged, with no amount disclosed.

  7. Axelspace books ¥1.879bn impairment on four satellites that can still take pictures

    Axelspace says a probable heat-dissipation design flaw permanently disabled high-speed image downlink on four of seven GRUS-3 satellites, prompting a ¥1.879bn impairment, a lower sales forecast and a two-month delay for the other three.

  8. Kawasaki Heavy Raises Its 2030 Defence Sales Outlook and Sets a ¥330bn Business-Profit Target

    Kawasaki Heavy now sees defence revenue of ¥700bn to ¥800bn in the 2030 fiscal year, up from ¥500bn to ¥700bn, within a plan for business profit above ¥330bn on revenue above ¥3.3tn.

  9. Tokai Kisen president to resign over transport ministry action, with Yoshinori Kurasaki taking over

    Tokai Kisen president Junichi Yamazaki will resign on October 31 over the transport bureau's October 2 action, handing the top job to Yoshinori Kurasaki, while nine officers return part of their monthly pay.

  10. Chuo Warehouse to buy 70% of Takara's logistics arm for ¥5.985bn

    Chuo Warehouse will pay about ¥6.115bn including costs for 70% of Takara Logistics System, with Takara Holdings booking an expected gain of about ¥3.625bn in consolidated results for the year to March 2028 if the deal closes in April 2027 after a competition review.

  11. Hankyu Hanshin Lifts Buyback Ceiling to ¥50bn and Extends It to March 2027

    Having used up its ¥30bn buyback early, Hankyu Hanshin Holdings raised the ceiling to ¥50bn and 12mn shares, 5.16% of shares outstanding excluding treasury stock, and moved the end date from October 2026 to March 2027.

  12. Tokai Kisen told to idle three vessels for 20 days from October 9

    Japan's transport ministry has barred Tokai Kisen from using three vessels from October 9 to October 28 after inspections found alcohol-related and record-falsification lapses; the company is still assessing the earnings impact.

  13. Nippon Express closes Metro Supply Chain purchase at C$1.8bn enterprise value

    Nippon Express Holdings has completed its purchase of Canadian contract-logistics group Metro Supply Chain at a C$1.8bn enterprise value, with up to C$400mn more payable if financial targets are met and a merger of the holding vehicle with Metro planned for 1 November.

  14. K.R.S. takes 51.6% of Indian cold-chain operator Coldrush for ¥2.85bn

    K.R.S.Corporation paid ¥2.85bn in cash for 51.6% of Indian cold-chain operator Coldrush, completed on 1 September, as rising transport, warehouse and labour costs trimmed its nine-month operating profit by 1.0%.

  15. Four of seven Axelspace GRUS-3 satellites have high-speed downlink fault

    Axelspace Holdings said restoring the high-speed image-download link on four of the seven GRUS-3 satellites launched in July, and starting their commercial use, has been judged difficult, and a possible impairment charge on fixed assets has not been quantified.

  16. AeroEdge's Share of Safran's LEAP Blade Orders Set to Jump From 2028

    AeroEdge, one of only two global suppliers of titanium-aluminide blades for Safran's LEAP jet engine, has locked in a market-share increase from 40% to the high-40s per cent range starting January 2028, tied to a new alloy it developed with Japan's materials-research institute.

  17. SBS Holdings Agrees to Buy Mitsubishi Chemical Logistics in Estimated ¥19.35bn Deal

    Japan's SBS Holdings has signed to buy all of Mitsubishi Chemical Logistics from its parent for ¥19.2bn in share consideration, plus advisory costs, bringing the estimated total to ¥19.35bn subject to adjustment at closing, as the target's earnings flipped into a ¥1.07bn net loss, with completion pending regulatory approval and due April 1, 2027.

  18. K Line to Cancel 44.4 Million Treasury Shares, Cutting Its Count by Almost 7%

    Kawasaki Kisen Kaisha's board has resolved to cancel the 44,429,000 treasury shares it bought back under a ¥130bn program, cutting its total issued shares by 6.95% to 594,743,067 when the cancellation takes effect on October 2, 2026.

  19. ARCHION Decides to Borrow ¥200bn From New ¥250bn Credit Line for Its Truck Group

    ARCHION, the parent of Hino Motors and Mitsubishi Fuso Truck and Bus, signed a ¥250bn syndicated facility led by Sumitomo Mitsui Banking Corporation and decided to borrow ¥200bn of it, mostly to refinance the two truck makers' existing short-term debt, with capital-floor covenants running through 2028.

  20. Keisei Electric Railway Agrees to Buy Chiba Fuel Retailer Chiba Nisseki

    Keisei Electric Railway has agreed to buy all shares of Chiba Nisseki, a Funabashi gas-station and auto-repair operator with about ¥17.8bn in annual sales but just ¥233mn of operating profit, expecting the deal to secure fuel supply within its own group, with the transfer scheduled for October 1, 2026.

  21. Bridgestone Cancels 42.65 Million Treasury Shares, Trimming Its Share Count to 1.29 Billion

    Bridgestone retired 42,649,100 treasury shares on September 18, cutting its outstanding share count to 1,291,387,942 under a board plan approved in February, a cancellation of shares held in treasury rather than a new buyback.

  22. Nippon Seiki's ¥9.98bn Buyback Closes as Alps Alpine Plans a ¥6bn Gain

    Nippon Seiki closed its ¥9.98bn ToSTNeT-3 share buyback on September 18 at essentially its board-approved ceiling, and Alps Alpine sold its full 3,000,000-share block into the deal. Alps Alpine plans to record a roughly ¥6bn special gain for the quarter, a figure that could still shift once transaction costs are finalized; separately, the effect on its full-year forecast remains under review.

  23. Nippon Seiki's ¥50bn Bridge Loan for Toyo Densou Bars Two Straight Annual Losses

    MUFG Bank is lending Nippon Seiki an unsecured ¥50bn for one year to fund its Toyo Densou acquisition, and the loan bars two straight years of consolidated pretax losses starting with the year ending March 2027, with refinancing into longer-term debt still to be arranged before the September 2027 deadline.

  24. Toyota's August Buyback Spree Burns Through 8.65% of Its ¥1tn Repurchase Cap

    Toyota repurchased ¥86.5bn of its own shares over twelve trading days in August, using up 8.65% of the ¥1tn value cap set by its board, and separately disposed of ¥3.44bn of treasury stock through a solicitation of takers.

Japan Autos & Transport Company News (Page 3) | Tokyo Brief