Earnings, deals and disclosures from Japan's listed industrials companies, in English.
Shimizu is financing a construction acquisition push with a roughly ¥100bn zero-coupon convertible bond sale split across two maturities, and it doubled a parallel share-buyback program to ¥20bn on the same day to soften the eventual dilution.
The plastics-machinery maker disputes a newspaper report blaming weak demand for its frozen Saku, Nagano factory plan, saying construction-cost inflation and labor shortages forced the retreat while it keeps expanding capacity in India.
The Supreme Court's rejection of Taisei Corporation's final appeal fixes a ¥250mn fine and a suspended sentence for a former adviser over antitrust violations tied to Linear Chuo Shinkansen terminal-station construction, and Kajima Corporation says its own appeal in a related case tied to the same railway project has also failed.
A Tokyo court dismissed a shareholder's injunction bid against SAAF Holdings' takeover-defense warrants, ruling the dilutive treatment was justified because a 19-member investor group had concealed a joint stake to evade large-shareholding disclosure rules, and the company said it would carry out the allocation as planned on that day's record date.
An incoming audit firm refused to sign off on Hamai Industries' books over unverifiable stock valuations, pushing the Tokyo valve maker to restate results for every year from 2021 through 2025 and change how it grades slow-moving inventory.
SAMCO, the Kyoto semiconductor-equipment maker, closed the year to July 2026 with sales up 15.6% to ¥10.8bn and a year-end order backlog that more than doubled to ¥11.46bn, while compound-semiconductor sales grew 45.9% and sales linked to plain silicon wafers dropped by more than half.
Besterra's half-year filing confirms four people died when part of the equipment being dismantled fell at its Kawasaki demolition site in April, and the contractor says it still cannot estimate the financial impact even as operating profit more than doubled and net profit fell by half on a securities writedown.
Half-year net profit at Sekisui House rose 23% to ¥125.1bn on strong urban-redevelopment sales and property disposals to Sekisui House REIT Investment Corporation, even as its international segment, mostly US operations, saw operating profit collapse 93% to about ¥1.0bn amid American buyer hesitancy and heavier sales incentives.
OHARA's low-dielectric glass and optical-communication products are set to roughly double in sales to about ¥1bn each as data-center investment accelerates, prompting the Japanese glassmaker's third full-year guidance increase this year, even as its camera-lens optics unit stays lossmaking ahead of a fourth-quarter inventory charge.
A roughly ¥500mn writedown on an unlisted stake halved Besterra's interim net profit even as operating profit more than doubled, and the demolition contractor still cannot quantify the cost of an April crane accident that killed four people at a Kawasaki steel mill.
A limited-liability company that held zero SAAF Holdings shares in June bought a 4.96% stake in two days, and SAAF's independent committee says it acted in concert with a dissident bloc whose voting power now tops 31% ahead of a September 14 warrant handout.
GreenEnergy & Company left its ¥21.5bn full-year sales forecast untouched but raised profit guidance 20%, saying its grid-scale battery storage unit got cheaper to build than it originally budgeted.
ACSL raised about ¥5.17bn selling 4.18 million new shares to non-resident investors at ¥1,237.25 each, and because that price undercut the reference level in its stock-option terms, exercise prices on eight warrant series approved between 2017 and 2026 all move down from September 9.
Okumura plans to pay every subcontractor in full cash instead of 60-day promissory notes, funding the switch with its first social bond, whose framework JCR has just rated Social 1(F), its top tier.
Sumitomo Forestry raised ¥243.5bn across three subordinated bond tranches maturing between 2061 and 2066, with coupons as high as 4.343% and full discretion to defer interest payments; the proceeds repay short-term debt taken out for its Tri Pointe Homes acquisition.
SMC Corporation has committed 94.6% of the ¥50bn its board approved in May for share repurchases, spent within roughly three months of a ten-month window that does not close until March 2027.
Lumina Japan Acquisition paid ¥165bn in cash, no borrowing, for a 72% stake in Nippon Sheet Glass at ¥450 a share, then pledged those same shares to a fourteen-bank lender group tied to refinancing the glassmaker's debt ahead of a September 30 squeeze-out.
A correction to a large-shareholding filing on KYORITSU AIR TECH INC. swaps one filer's promise to pursue governance proposals for a mere possibility, without saying whether the underlying holding has changed.
Japan's top maker of tungsten-carbide wear-resistant tools is passing on higher costs after the benchmark tungsten price jumped tenfold, but domestic order volumes are falling faster than expected, forcing a ¥1.6bn cut to its full-year sales forecast even as profit guidance rises 20%.
Sumitomo Forestry signed a ¥69bn and ¥37.5bn subordinated syndicated loan, maturing in 2062 and 2064, to repay borrowings from its completed Tri Pointe Homes acquisition, with R&I and JCR expected to treat half the raised amount as equity.
A ¥165bn share allotment gave Lumina Japan Acquisition, an Apollo-advised holding vehicle capitalized at ¥5,000, 72.04% of Nippon Sheet Glass's votes on August 31, and a share consolidation now sets the company up to meet TSE Prime delisting criteria by September 28, with minority holders cashed out at ¥500 a share starting in late December.
Takeuchi Mfg says a construction-labor shortage pushed its new factory's opening from January 2028 to May 2029, and rising building costs plus spec changes lifted the project's budget from about ¥18.0bn to about ¥24.6bn, with output capacity unchanged.
Enshu Limited will halt production at its Thai manufacturing subsidiary, BANGKOK ENSHU MACHINERY, by the end of September, after the EV transition and Chinese automaker growth cut Japanese capital spending in Thailand and left the factory underused; the Thai sales unit stays open, and machine production moves to the company's Japan and China bases.
SUMCO's August 20 share sale on Taiwan's stock market cut its voting stake in wafer maker FST to 38.0%, pushing the unit off SUMCO's consolidated books and onto equity-method accounting from the end of September, with the earnings effect still under review.