Earnings, deals and disclosures from Japan's listed tech & telecom companies, in English.
Baudroie's fourth-largest shareholder has agreed to tender his full 3.93% stake into BCPE Neon Cayman's ¥2,970-a-share buyout, adding to a founder share sale struck at a lower price as the offeror works toward a two-thirds squeeze-out vote.
Hikari Tsushin is refinancing maturing debt with a four-year tranche priced at 3.021% and a seven-year tranche at 3.977%, both rated A/A+ and drawn from a ¥200bn shelf programme registered in July 2025.
The Tokyo art-production and artist-management firm run by Takashi Murakami now holds 5.02% of the small TSE Growth-listed OVERLAP Holdings, a stake funded entirely from its own resources, with buying accelerating sharply in the final week before the threshold was crossed on September 1.
Bain Capital's ¥820-a-share tender for eSOL will delist the embedded-software maker, but insider-linked holding companies controlling 13% of the stock opted out of the offer for a lower ¥663 buyback after the deal closes, a structure meant to leave more of the premium for outside shareholders.
The Tokyo AI vendor's on-premise flagship missed its sales target by ¥920mn after a delayed sales rollout, deepening the operating loss to ¥2.44bn and prompting the board to weigh executive pay cuts.
NEC agreed to skip SK-03's ¥1,650 tender offer for CE Holdings and wait for a cheaper company buyback, and that forced the bidder to lower its minimum acceptance threshold by 1.2mn shares to 3,768,300.
Baudroie corrected its MBO filing to show its ¥2,970 offer carries just a 3.81% premium to the pre-deal close, versus a 41.8% median premium in the 115 comparable Japanese buyouts the company cites to defend the price.
Osaka software maker eBASE will pay ¥7.60 a share to holders on record September 30, introducing its first interim dividend since listing even though the annual total stays flat.
A 120,065-vote block, all of it currently with SON Financial, is due to move to Sony Music Entertainment on December 30, alongside a capital alliance that gives the buyer consent rights over GungHo's future share issuance.
FreeBit still can't say when its next earnings report, its overdue annual results, or its securities filing will land, as a committee's review of the CountUp acquisition continues without a set end date.
SaaS orders for Pro-ship's lease-compliance software jumped 2,674% in the quarter to June, pushing its backlog to a record ¥6.93bn, but management says the demand disappears once Japan's new lease standard takes effect in April 2027.
Sony Music Entertainment will buy a 23.29% voting stake in GungHo Online Entertainment for ¥28.6bn from asset manager SON Financial, taking over as the mobile-game maker's largest shareholder, with veto rights limited to share moves that would dilute its stake below 22.65% before the deal closes in December.
CyberStep Holdings sent ¥1,250mn out the door for an acquisition before the contract paperwork securing that sum was finished, then had to unwind the whole deal and correct its earnings disclosure once it couldn't verify the money was safe.
An Itochu-controlled vehicle has offered ¥2,880 a share for Dentsu Soken, with parent Dentsu Group keeping its 61.78% stake instead of selling out, and the company plans to cancel its year-end dividend if the tender offer succeeds, matching the deal's pricing assumptions.
ITOCHU has offered ¥2,880 for every Dentsu Soken share not already held by parent Dentsu Group, and the IT consultancy's board is already recommending investors accept.
Media Do has termed out a short-term bridge loan into a ¥12.4bn, ten-year facility from five banks to cover its Seven Seas Entertainment acquisition, accepting covenants on equity strength and profitability through 2036.
Japan's radar-satellite maker QPS Holdings posted a ¥1.15bn net profit in its debut year, aided by a Ministry of Defense contract worth up to ¥69.7bn and a ¥15.2bn share placement to fund its satellite constellation expansion.
enish's board has approved a ¥100mn Solana purchase, the first slice of a ¥640mn treasury plan, and will now run quarterly mark-to-market gains and losses on the holding directly through earnings.
NTT Finance Corporation has registered to sell up to ¥1tn in corporate bonds between September 2026 and September 2028, but it has yet to fix a size, coupon or underwriter for a single tranche.
Mercari spent ¥9.99bn to hit its full ¥10bn buyback ceiling within the three-week window ending August 24, but only used about half of its 4-million-share allowance, and will retire all 2,118,800 shares it bought on November 12.
Orchestra Holdings is swapping stock, not cash, to take full ownership of Sharing Innovations, delisting the shrinking Growth-market subsidiary by late November and ending a costly parent-child listing arrangement.
SoftBank Group is raising ¥1tn from mostly individual investors through a seven-year unsecured bond, with the coupon to be fixed in a 4.30%-4.90% range on September 4.
Oracle Japan's board declared a ¥858-a-share dividend for the year to May 2026, including a ¥660 special payout that pushed the payout ratio to 173% of net income, while cloud revenue jumped 34% to make up nearly 30% of total sales.
The tendering pact between Oasis Management and Bain Capital's Kakaku.com bidding vehicle expired on 20 August, but Oasis says it won't tender into the rival's ¥3,570 offer unless it rises to ¥3,640 a share, a floor that keeps the vehicle's KDDI-contingent offer competitive ahead of the rival tender's close on 27 August.