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Japan Services Company News (Page 6)

Earnings, deals and disclosures from Japan's listed services companies, in English.

  1. Greenland Resort's Profit Slides on a Rainy Kyushu Spring, but a Hokkaido Hotel Sale Lifts the Bottom Line

    Bad weather cut theme-park visitors and operating profit by roughly a third at Greenland Resort in the six months through June, but a no-cash sale of a Hokkaido hotel business triggered a deferred-tax adjustment that pushed net profit up anyway.

  2. Sunwels breaches two loan covenants as billing-scandal losses drag on

    Two Sunwels term loans, carrying balances of ¥321mn and ¥549mn, tripped their covenants this quarter, and lenders have only granted a principal repayment pause through September while the Parkinson's-care operator freezes new facility openings and absorbs a reimbursement-fee cut.

  3. H.U. Group's Lab-Testing Unit Turns Profitable as Alzheimer's Test Clears Europe

    H.U. Group Holdings swung to a ¥1.57bn quarterly profit as price adjustments fixed its loss-making testing-services unit, while a blood-based Alzheimer's diagnostic won certification in Europe.

  4. Fan Communications Scraps Its Three-Year Targets as AI Search Bites the Ad Business

    Fan Communications cut its full-year profit forecast by 52% and scrapped its three-year plan, tracing the damage to generative-AI search tools that are cutting traffic to the affiliate sites carrying its ads.

  5. GMO Internet Books a ¥10.1bn Order for Nvidia B300 Servers

    GMO Internet's board approved a planned ¥10.1bn order for up to 64 Nvidia B300-equipped servers to expand its GPU cloud service, with deliveries starting sequentially from January 2027 and the earnings hit deferred past the current fiscal year.

  6. Rakuten Group Posts First Pretax Profit in Seven Years

    Fintech profit jumped 47% and mobile's losses kept narrowing, pushing Rakuten Group's first-half pretax income positive for the first time in seven years, though the parent still posted a ¥10.9bn net loss.

  7. Hakuhodo DY's Domestic Ad Business Booms on Tech and Finance Spending, but North America Still Drags

    Hakuhodo DY's operating profit jumped 19.4% in the quarter to June on strong Japanese finance and tech ad spending, but its North American business stayed weak enough to widen the overseas unit's operating loss to ¥3.75bn, and full-year guidance was left unchanged.

  8. Bain and LINE Yahoo Top Kamgras 1's Bid for Kakaku.com With ¥3,520-a-Share Counteroffer

    Bain Capital and LINE Yahoo have offered ¥3,520 a share for Kakaku.com, beating Kamgras 1's ¥3,450 bid, and Kamgras 1 has extended its own tender offer to August 17 as the board weighs which deal to recommend.

  9. Kakaku.com Suitor Extends Deadline Again as Bain Capital and LINE Yahoo Float a Higher Bid

    Kamgras 1 pushed its tender offer for Kakaku.com to August 17 and reopened price talks on its ¥3,450-a-share bid after Bain Capital and LINE Yahoo floated a higher counter-proposal.

  10. Bain Capital Vehicle Tops Rival Bid for Kakaku.com at ¥3,520 a Share

    A new offer from a Bain Capital and LINE Yahoo vehicle beats a rival ¥3,450 bid for Kakaku.com, rising to ¥3,640 if the bidder locks in a non-tender pact with KDDI, and forces the target's board back into price talks with the original suitor.

  11. Ispace Books Mitsubishi Heavy's H3 Rocket for a 2028 Moon Lander Launch

    Ispace has signed Mitsubishi Heavy Industries to launch its ULTRA lunar lander on the H3 rocket in 2028, keeping the contract price confidential and deferring the cost until liftoff.

  12. SBI Global Asset Management's Operating Profit Jumps 5.2-Fold as Two Fund Units Land Fully on the Books

    SBI Global Asset Management's operating profit rose 5.2 times and group assets under management reached about ¥14tn in the June quarter, mostly because two fund managers were folded fully into its results for the first time in a comparable year-on-year quarter.

  13. Ureru Net Advertising's Top Shareholder Slips Below 50% on New Share Issuance

    New shares issued for three acquisitions will cut the controlling shareholder's voting stake at Ureru Net Advertising Group from 55.02% to 46.30% on August 10, 2026, stripping a company director of that formal status without him selling a single share.

  14. baby calendar's Ex-CFO Faces Embezzlement Complaint Over ¥9.26mn in Ad Revenue

    Harajuku Police Station has accepted a criminal complaint against baby calendar Inc.'s former CFO, accused of diverting ¥9.26mn in advertising revenue to a personal account, a case that already forced the company to correct prior financial filings.

  15. Convano to Sell Nearly All Its ¥8.77bn Crypto Stash, Keeping Only the Shareholder-Perk Tokens

    Convano plans to cash out ¥8.77bn of group crypto holdings within about three months to fund growth investment and shareholder returns, while carving out the tokens tied to its shareholder-benefit program, which stay put.

  16. ispace's European Arm Wins €65mn ESA Contract to Build a Lunar Rover for 2029 Launch

    ispace,inc.'s Luxembourg unit will build, run and ship a lunar rover for the European Space Agency's water-ice mission under a ¥12bn add-on deal already counted in the company's current revenue forecast, though the value of the two earlier contract stages remains undisclosed.

  17. Pasona Board Rejects Activist Buyback Plan Aimed at Founder's 48% Stake

    Mercury AIFLNP wants Pasona to buy back founder Yasuyuki Nanbu's roughly 48% voting stake unless the board adopts a family-governance policy within three months, but Nanbu has told the company he won't sell, and Pasona's board calls the proposal legally toothless.

  18. MicroAd Repurchases 3.71% Stake From CyberAgent to Blunt Bond Dilution

    MicroAd used a one-day ToSTNeT-3 trade to buy 1,020,400 shares, 3.71% of shares outstanding, from affiliate CyberAgent for ¥600.0mn, aiming to soften dilution from a new convertible bond and stock awards, while CyberAgent pledged to keep the rest of its stake long-term.

  19. Insource Pairs Steady Profit Growth With a ¥2bn Buyback and a Bonus Dividend

    Insource will cancel up to 4.7% of its shares and lift its year-end dividend to ¥35.00, using a ten-year Tokyo Stock Exchange anniversary to bundle capital returns onto nine-month profit growth of 6.2%.

  20. Astroscale Renews ¥3bn Mizuho Overdraft Through 2029, With a Cash Floor Attached

    Astroscale Holdings has extended its unsecured overdraft facility with Mizuho Bank to June 2029 at the same ¥3bn limit, but the deal requires the loss-making satellite-servicing company to keep at least ¥5bn in cash and near-cash assets on hand at all times.

  21. MicroAd Sells ¥2.2bn Convertible Bond to Build an In-House AI System, Pairs It With a Buyback

    MicroAd is funding an in-house AI system and acquisitions with ¥2.2bn in convertible bonds routed through an Aozora Bank-financed trust, then buying back shares from affiliate CyberAgent at ¥588 to soften potential dilution of 3.58 million new shares.

  22. Kakaku.com Suitor Raises Offer to ¥3,450 to Counter Bain-LY Corporation Bid

    EQT's buyout vehicle for Kakaku.com lifted its tender offer to ¥3,450 a share and pushed the deadline to August 3, betting that Bain Capital and LY Corporation's rival ¥3,500 headline price is unworkable under KDDI's existing non-tender contract.

  23. Hitotohito Buys Saitama Security Firm SPD for ¥3.16bn, Banks on a Shared Labor Pool

    Hitotohito Holdings is buying Saitama security-staffing firm SPD for ¥3.16bn, funding the whole deal with bank debt that carries covenants tied to the target's own cash flow and net assets from 2028 onward.

  24. Shareholder Sues to Block Chiki Shimbunsha's Anti-Takeover Rights Giveaway

    MTM Capital, holding 13.14% of the regional newspaper publisher, has asked the Chiba District Court to block a board-approved rights allocation it calls an unfair takeover defense; Chiki Shimbunsha says its twice-ratified governance history makes the challenge groundless.

Japan Services Company News (Page 6) | Tokyo Brief