Earnings, deals and disclosures from Japan's listed tech & telecom companies, in English.
Shareholders approved wording that adds crypto-asset investment, acquisition, holding and management to the company's corporate purposes, and elected Masataka Kakiya as a director. The filing authorizes future diversification, but discloses no launch, purchase or timetable.
TIER IV has begun soliciting overseas institutional demand for a common-share offering and is also contemplating a domestic tranche. The size, split and pricing are still undecided, with estimated net proceeds of 9.8 billion yen to 29.8 billion yen earmarked for autonomous-driving R&D, production and hiring.
The company ended its buyback after repurchasing 1,879,700 shares for ¥2,999,861,600 by June 5. The board had authorised up to 3,000,000 shares and ¥3,000,000,000 through July 8, so the cash budget was essentially exhausted well before the deadline.
The amended filing tied to the third series still shows an estimated offering amount of ¥180 million and marks the document as submission No. 2 linked back to the May 20 registration. Parallel June 1 corrections cover the second series at the same estimated amount and a first-series package that also includes fifth- and sixth-series stock acquisition rights, but the excerpt still does not provide the final conversion price or share count needed to size dilution.
Bplats plans to allot 20,051 seventh stock acquisition rights to a fund managed by Growth Partners, with a headline gross raise of ¥746,097,710 and a fixed cap of 2,005,100 new shares. Only ¥2,205,610 is paid at issuance, while the exercise price starts at ¥371 and can reset from June 16 to 90% of the previous day's close, subject to a ¥164 floor. The dilution ceiling is clear enough, but the cash haul depends on investors actually exercising. Bplats is trying to fund a balance sheet that already looks strained: it says it booked a ¥767,298,000 software impairment, a ¥925,575,000 net loss and negative net assets at the end of March 2026. Net proceeds are earmarked at ¥552 million for operating funds and ¥186 million for debt repayment, while a bondholder that had gained an early-redemption right after a covenant breach agreed not to use it. Two directors recused themselves from the board vote because one is a lender due to be repaid and another runs the manager tied to the allottee fund. Bplats has bought itself time and a backer. Whether it gets the full money now depends on the market.
The latest large-shareholding report shows Hikari Tsushin and a joint holder owning 993,300 JRC shares, or 7.57%, after the stake climbed more than 1 percentage point from the prior filing.
The company will ask shareholders to approve a capital reserve reduction and retained-earnings transfer on June 24. ZUU says the move is an internal accounting shift with no performance impact, and it also disclosed a new fund subsidiary plus board nominees the same day.