Earnings, deals and disclosures from Japan's listed tech & telecom companies, in English.
WOWOW and NTT Docomo signed the absorption-split contract on August 12 that will fold Docomo's Lemino streaming business into a joint venture 51% owned by WOWOW, with the split, share transfer and commercial launch all targeted for October 1; WOWOW says the earnings impact for the year to March 2027 is still under review.
The Tokyo HR-software group is spending ¥1.09bn for control of loss-making DE&I and wellbeing SaaS provider Cradle, and separately committing up to ¥1bn to a share buyback through the end of September, both approved at the same August 12 board meeting.
CyberStep recovered its full ¥1.25 billion purchase price after cancelling January's takeover of contact-centre firm 3rd, and admitted two price-protection side deals should have been disclosed when they were signed, not held back until this week's filing on the unwind.
Digital Hearts' own chairman is using a new holding company to buy out public shareholders at ¥1,060 a share, and the board has already zeroed out next year's dividend to make the offer's math work.
Keywest Network, the buyout vehicle run by Future Corporation's own chairman, is offering ¥2,451 per share and will cancel the year-end dividend once enough shareholders tender, part of a plan to delist the Tokyo IT consultant.
A ¥858mn deal hands Scala control of an unlisted Kamakura software firm whose point-of-sale system runs in about 2,500 mobile-carrier shops, with the AI group betting the real prize is decades of store-operating data, not the software itself.
CyberStep Holdings is returning the AI subsidiary it fully absorbed in January after deciding the ¥1.25bn deal's original business assumptions no longer hold, and the seller is sending back every yen.
A roughly ¥20bn off-market block trade tied to a capital and business alliance gives TBS an 8.03% stake in U-NEXT, while Yasuhide Uno and UNO-HOLDINGS remain just above the majority line at 50.59%.
Speee will move its Reform DX business into new subsidiary ReFact on August 1, then sell SOMPO Holdings 39.3 per cent in September, turning a repair-referral partnership into an insurer-backed venture it still controls.
The move: Speee will transfer its renovation and repair DX business into ReFact on August 1 and take a planned ¥1.812bn SOMPO investment in September, leaving the unit 60.7%-owned and consolidated. What is still missing: ReFact's forecast remains undecided.
The move: PCI Holdings will absorb wholly owned PCI Solutions on October 1, rename the parent after the subsidiary and shift out of pure holding-company form, with no merger consideration and only a minor expected effect on consolidated results.
SBI has paid for 3.351mn newly issued shares at ¥275 each, lifting Moi's capital to ¥510.8mn and shares outstanding to 17.317mn.
The move: Datasection will sell Jach Technology and six subsidiaries to a management-backed buyer for $6,737,111, shrinking the group around AI infrastructure and setting up a special gain once the deal closes.
A consolidated subsidiary will sell 360,000 DearU shares, or 1.52%, to the Korean parent on July 27 at that day's Korean-market closing price, leaving the final economics floating until the close. On current assumptions the Japan-listed company expects about ¥747mn of special gain in consolidated results, but the figure remains provisional because both share price and exchange rate can still move.
Mynet plans to issue up to 871,033 new shares to Zero Gaming, giving it a stake of up to 9.24%, to fund fantasy-sports marketing and app development. The company says it wants to keep dilution below 10%, and if the deal closes it also plans to nominate Zero Gaming's chief as a director at the next annual meeting.
GREE will first spin the operating business of GREE LP Fund JP2 into a new company, GREE Fund Investments, then sell all of that unit to MIXI on July 31 for about ¥17mn while transferring part of a separate LP stake for about ¥300mn. The carved-out package includes ¥66mn of assets and ¥50mn of liabilities, and GREE says its capital ratio in the fund will fall from 45.9% to 26.7%, ending its execution authority if the deal closes as planned. MIXI says the ¥5.455bn vehicle is expected to become a specified subsidiary, with the new manager due to be renamed MIXI Capital Management and the fund due to be renamed MIXI LP Fund 1. The exact LP slice moving from GREE Capital Management is still not separately disclosed, but the broad point is plain enough: GREE is stepping back from control and MIXI is taking it.
WOWOW plans to set up a new company on June 17, have NTT Docomo move Lemino into it via an absorption-type split, then buy 51% of the vehicle so it becomes a joint venture from Oct. 1. In parallel, WOWOW will issue 815,800 new shares to Docomo for gross proceeds of about ¥841.1m, while saying the 51% purchase itself will be funded with WOWOW cash. The structure matters because Docomo will end up both as a 49% partner inside the venture and a direct shareholder in WOWOW outside it. The catch is that the split consideration can still be adjusted, the assets and liabilities moving with Lemino are not yet fixed, and WOWOW says the effect on the year ending March 2027 is still being assessed.
It plans to sell the business to Cyber Record for ¥220 million in cash, though the price remains provisional until the definitive agreement is signed. The unit generated ¥281 million of revenue in the year to April 2026, and NE said bigger entrants and municipality contract losses had made the market harder to defend.
ITFOR signed a basic agreement with Sourcing Brothers to form a 90-10 joint venture focused on M&A, corporate venture capital and post-investment execution. Launch is targeted for July, and the company says the near-term earnings impact should be minor.
PayPay plans to buy 70.2% of T&D Financial Life from T&D Holdings for cash, a move LY Corporation says would make the insurer a specified subsidiary. The structure is not a clean buyout: OneIM Indigo is set to buy 14.9%, T&D plans to keep 14.9%, and closing is scheduled for October 1, 2027, subject to approvals, an IFRS transition plan and other conditions. For PayPay, the logic is plain enough: it wants life insurance alongside cards, banking and securities for its more than 74 million registered users.
The filing shows 566,900 shares and says the holding supports a February capital and business alliance aimed at synergies and medium- to long-term corporate value. The rationale is clear; the roadmap is not.
Daitec Holdings directly held 47.14% of Fukui Computer's voting rights as of March 31, and Fukui said it disclosed only a ¥12 million office lease with a ¥1 million year-end balance as related-party dealing. If June shareholder votes approve the planned merger for April 1, 2027, Daitec disappears and the ownership classification changes, but the filing does not identify who would hold the post-merger status.
Axelmark wants Convano to buy 45 million new shares at ¥20 for a ¥900 million equity injection and provide a commitment-type term loan facility of up to ¥3 billion. If the package closes on July 2, Convano would become parent and controlling shareholder with 68.91% of voting rights, dilution would run to 221.53% against shares outstanding and 221.60% against voting rights, and several proposed board nominees would come from Convano's orbit.
BlueMeme plans to move its low-code and agile DX business into a wholly owned subsidiary on Oct. 1, rename the listed parent BlueMeme Group and let the operating unit take the BlueMeme name, provided shareholders approve the plan on June 26 and required clearances arrive. The company says the restructure is meant to address delays in disclosure and internal-management issues, while the impact on consolidated results should be minor because the business is staying inside the group.