JR East Draws ¥50bn From Its Bond Shelf, Leaving ¥795bn Still Available
East Japan Railway is selling ¥50bn in unsecured bonds across three-, five- and ten-year tranches, the fourth drawdown from a shelf programme that runs until March 2027.
Japan Autos & Transport Company News (Page 6)
Earnings, deals and disclosures from Japan's listed autos & transport companies, in English.
Kintetsu Group Draws Two Fresh Bond Tranches From Its ¥150bn Shelf
The Osaka rail-and-property group filed supplements for ¥5bn and ¥10bn in bonds on the same day, one tranche carrying a guarantee from its railway operating arm, as it works through a shelf registration that already covered ¥45bn of prior issuance.
EXEDY Draws ¥28.4bn From a ¥30bn Bond Shelf in a Two-Tranche Sale
EXEDY Corporation's first bond sale under a March 2025 shelf program combines ¥13.9bn of five-year debt and ¥14.5bn of 10-year debt, using nearly all of the ¥30bn it registered to raise before the program lapses in April 2027.
Showa Holdings Left Without a Representative Director, or Its Own Corporate Seal
Two board meetings in as many days failed to reach quorum after three audit-committee directors boycotted and went silent, leaving the Tokyo-listed holding company without a representative director and, by its own account, without its corporate seal, accounting books or bank passbooks.
Development Bank of Japan Buys Into Jetstar Japan as Qantas Exits
The Development Bank of Japan is funding Qantas Group's full exit from Jetstar Japan's shareholder register, and the budget carrier will retire the Jetstar name by June 2027 while Japan Airlines' own stake stays untouched.
Toyota Cuts KDDI Stake to 7.73% After Tender Offer
Toyota sold 53.68mn KDDI shares back to the company at ¥2,325 each, trimming its stake to 7.73% from 9.07% while keeping the remainder as a policy investment.
K Line Spends ¥50.7bn of Its ¥130bn Buyback in a Single June Session
The number: K Line spent ¥50.7bn buying back its own shares on June 2 alone, out of a ¥130bn program that runs through September 30. It then kept clearing roughly ¥1bn a day in purchases through June 8.
Toyota and Daimler Truck to Sell Down to 25% Each of Truck Maker ARCHION
The catch: Toyota and Daimler Truck are both cutting their ARCHION stakes to 25%, but Toyota's voting rights fall further, to 19.9%, ending its status as an affiliated company, while Daimler Truck keeps 26.7% of the vote. Pricing on the up-to-906-million-share sale is set between July 22 and July 27.
Kawasaki Heavy lines up share sale and transition CB for factories and hydrogen
The move: Kawasaki Heavy will sell 37.35mn shares overseas for factory expansion and issue ¥101bn of euro-yen convertibles, including what it calls the first transition CB, for physical AI and a liquefied-hydrogen chain.
Kawasaki Heavy pairs overseas share sale with 2031 and 2033 euro-yen convertibles
Kawasaki Heavy Industries has approved an overseas common-share offering and two euro-yen convertible bond tranches for foreign markets, but the filing excerpts leave the size and pricing terms unresolved.
Hankyu Hanshin has used 74.4% of its buyback budget by June-end
The number: June repurchases of ¥13.36bn lifted Hankyu Hanshin's total to ¥22.31bn and 4,868,700 shares, equal to 74.4% of the current ¥30bn authorisation by June 30.
NOK shareholders clear October launch of NOK Group with Eagle Industry
The move: NOK shareholders approved the joint share transfer that would create NOK Group on October 1 and recast both operating companies under a single parent.
Tobu Railway wins backing for 10-director slate and outside director compensation amount revision
Shareholders approved three AGM items, including a 10-director board and a revision to the compensation amount for outside directors, giving Tobu a clear governance outcome even if the available excerpt leaves out the new figure.
Hanshin Diesel Works shareholders approve six directors and four Audit and Supervisory Committee directors
The June 26 vote confirms Hanshin Diesel Works' formal board lineup, including President Kazuhiko Kinoshita, although the disclosure excerpt does not show whether the slate is mostly reappointments or new faces.
Kanagawa Chuo Kotsu grows sales, but profit slips back
The number: sales reached ¥126.77bn in the year to March, but ordinary income and parent profit both fell from the previous year, underscoring a profitability squeeze the filing excerpt does not explain.
NIKKON Holdings lifts annual sales to ¥269.86bn as parent profit rises
The number: NIKKON Holdings reported ¥269.86bn in sales for the year to March 2026, with ordinary profit at ¥24.85bn and profit attributable to owners of parent at ¥18.24bn. Total assets ended March at ¥436.40bn.
Mikuni says reporting controls were ineffective after unauthorized transfers at Taiwan subsidiary
Mikuni’s June 26 disclosures were less about annual sales than about governance: the supplier said reporting controls were ineffective after repeated unauthorized transfers at Taiwan Mikuni, and the amendments reach back to the year ended March 2021.
NIKKON Holdings pushes sales to ¥269.86bn as profit and EPS rise
The number: annual sales reached ¥269.86bn, with ordinary income at ¥24.85bn, parent profit at ¥18.24bn and basic EPS at ¥152.85, extending the logistics group’s recent growth run.
Toyota Industries sales rose to ¥4.37tn, but operating profit was weakest in its five-year summary
Revenue extended a five-year climb, but operating profit dropped to ¥137.0bn from ¥221.7bn as parent profit eased and total assets reached ¥11.19tn.
Senko shifts nomination and pay committee chair to independent director
Yasuyuki Sugiura replaced the president as chair of the nomination and compensation advisory committee on June 25, while the committee remains majority independent. Process reform is not the same thing as leadership change, but investors watch this process for a reason.
Japan Transcity posts ¥125.51bn in sales as parent remains control focus
The logistics group ended March with ¥125.51bn in sales, ¥9.48bn in ordinary income and ¥174.72bn in total assets. Those figures make it a useful scale check on one of Japan's bigger operators, even if the filing does not break out a broader trade verdict.
Suzuki lifts revenue to ¥6.29tn and cash to ¥973.3bn as parent profit rises
Suzuki lifted revenue to ¥6.29tn in the year to March 2026 from ¥5.83tn, while profit attributable to owners rose to ¥439.3bn from ¥416.1bn and cash and cash equivalents climbed to ¥973.3bn from ¥842.7bn. Profit before tax was broadly flat at ¥730.7bn, so the cleanest read is balance-sheet capacity rather than a dramatic margin story.
Subaru sales rose, but profit before tax fell back near 2022 levels
Subaru's annual report shows revenue rising to ¥4.78tn in the year to March 2026 from ¥4.69tn a year earlier, even as profit before tax fell to ¥107.47bn from ¥448.51bn and profit attributable to owners of parent dropped to ¥90.84bn from ¥338.06bn. Basic earnings per share fell to 125.50 yen from 458.03 yen, making this a profit-protection problem rather than a scale problem.
Konoike Transport lifts sales and profit, net assets hit ¥163.3bn
Sales rose to ¥355.6bn from ¥345.0bn and ordinary income to ¥22.6bn from ¥21.3bn, while net assets reached ¥163.3bn. A same-day control report said management judged financial-reporting controls effective at year-end.