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Tokyo Brief東 京 ブ リ ー フJapan's day, wrapped and delivered by morning.

Japan Autos & Transport Company News (Page 7)

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

  1. FALTEC swings to a net loss as sales and ordinary income fall

    Sales fell to ¥73.20bn from ¥79.11bn and ordinary income to ¥1.59bn from ¥2.86bn, while profit attributable to owners swung to a ¥837mn loss from a ¥328mn profit. The filing excerpt does not say why.

  2. AZ-COM Maruwa to delegate routine board work and toughen M&A review

    The logistics group says its board is effective, but wants to delegate more routine matters to executives so directors can spend more time on strategy. Management also says future big investments and M&A should face deeper debate on fit, capital efficiency, synergies and risk.

  3. Ikuyo becomes major shareholder in Kasai Kogyo after stake rises to 11.61%

    Ikuyo raised its holding to 5,263,500 shares, or 11.61%, from 9.54%, while Kasai's own extraordinary report shows 11.79% on a voting-rights basis. Ikuyo describes the position as pure investment plus possible future alliance considerations.

  4. Axelspace lines up new and extended KSAT antenna access for GRUS series

    Axelspace agreed on June 16 to a new five-year antenna contract with KSAT, including backup support for satellites already in operation, plus a two-year extension of an existing contract; both are scheduled to be signed on June 23. The company says the contract amounts exceed 10% of consolidated sales in the year ended May 2025, but it left its outlook for the year to May 2026 unchanged.