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Tokyo Brief東 京 ブ リ ー フJapan's day, wrapped and delivered by morning.

Japan Trading Houses & Wholesale Company News

Earnings, deals and disclosures from Japan's listed trading houses & wholesale companies, in English.

  1. Mitsui lifts Nutrinova stake to 89% as Penske buyout still awaits votes

    Mitsui raised its Nutrinova stake to 89% on November 12, a completed purchase, while its joint Penske Automotive take-private at $212 a share, decided on October 15, still needs shareholder and regulatory approval.

  2. Tokyo Sangyo provisions ¥3.123bn owed on a renewable project after court ruling

    Tokyo Sangyo has fully provisioned ¥3.123bn of receivables on a renewable project whose permits a court ruling has put in doubt, and booked further charges on two other projects, including a ¥719mn guarantee payment.

  3. Alfresa's first-half operating profit falls 19.6% on sales up 3.5%

    Alfresa's half-year operating profit fell 19.6% to ¥13.03bn on 3.5% higher sales; the wholesaler ties the 5.2% profit decline in its prescription-drug wholesale segment to April's price revision, distribution reforms and logistics costs.

  4. Hanwa's Nakayama Steel stake reaches 20.48% as it lifts its full-year profit guide

    Hanwa subscribed to new Nakayama Steel shares for ¥3.79bn on 2 October, taking its holding to 20.48% and tying it to a new electric-furnace project, and on 6 November lifted its full-year ordinary profit forecast to ¥65bn from ¥57bn.

  5. Autobacs net profit doubles on a ¥4.31bn tax adjustment as pre-tax earnings slip

    Autobacs Seven's half-year net profit rose 99.6% to ¥6.99bn on a tax adjustment tied to the decision to transfer its French subsidiary, while pre-tax profit fell 10.2%; a ¥1.75bn dealer acquisition lifted consumer sales.

  6. Medipal puts shareholder say on dividends to a December 15 vote, keeping the board's own power

    Medipal Holdings will put a change to Article 39 of its articles to a December 15 meeting, letting shareholders decide dividends alongside the board, while recommending against the special dividend and ¥85bn buyback tied to the same vote.

  7. Mitsubishi Corporation authorizes buyback of up to ¥1tn through July 2027

    Mitsubishi Corporation's board authorized market purchases of up to ¥1tn or 420 million shares between 5 November 2026 and 31 July 2027, with all repurchased shares to be cancelled on 31 August 2027.

  8. Sumitomo Corporation lifts full-year profit guide by ¥40bn to ¥670bn

    Sumitomo Corporation lifted its profit guide for the year to March 2027 by ¥40bn to ¥670bn and raised its dividend forecast to ¥44 a share, citing first-half profit of ¥347.9bn and expected second-half strength.

  9. Macnica raises its profit forecast to ¥67.5bn as chip demand outruns its CPS unit

    Macnica now expects ¥67.5bn of operating profit for the year to March 2027, 29.8% above its May forecast, on semiconductor demand, while its CPS Solutions segment, which includes the autonomous-bus business, is guided to a wider ¥8.0bn loss.

  10. Yokohama Reito's Hofseth write-off turns a ¥6.3bn profit forecast into a ¥13.8bn loss

    Yokohama Reito wrote off almost all of its outstanding funding to Norwegian salmon partner Hofseth with a ¥24.2bn special loss, turning its net profit forecast into a ¥13.8bn loss while raising sales and operating profit guidance; directors will give up pay.

  11. Sojitz chemicals profit rises to ¥20.1bn as automotive stalls and a coal sale is signed

    Sojitz held its ¥130bn profit guide as methanol prices and a new subsidiary lifted chemicals profit to ¥20.1bn, automotive fell to near zero, and a signed Gregory Crinum coal transfer still needs official approvals.

  12. Tomen Devices' interim net profit jumps 425.5% on memory prices as borrowing grows

    Tomen Devices booked interim net profit of ¥25.11bn on higher memory prices, but inventory and borrowing grew sharply, its equity ratio fell to 14.0%, and full-year guidance stayed where it was.

  13. Tokyo Electron Device lifts sales forecast to ¥270bn as customers order ahead

    Tokyo Electron Device lifted its full-year sales forecast to ¥270bn from ¥240bn on customer advance orders and AI demand, but said longer supplier lead times on some products need watching.

  14. Inabata to buy ULVAC's 65% of mask-blanks maker for ¥4.9bn

    Inabata has decided to pay ULVAC ¥4.9bn for its 65% stake in a mask-blanks maker, lifting its own holding from 35% to 100%, with the share transfer scheduled for December 18.

  15. Medipal shareholder asks Tokyo court to clear way for meeting on director's removal and special payout

    Medipal Holdings said a Silchester-linked trust has petitioned the Tokyo District Court for permission to convene a meeting on removing one director, a charter change, a special dividend and a buyback; the notice does not say the court has granted permission.

  16. Yamazen lifts profit guidance as chip, AI and defence demand beats its plan

    Yamazen lifted its full-year operating profit forecast to ¥17.9bn from ¥15.0bn, saying chip, AI, data-centre and defence demand ran above plan and that some products are due to ship earlier than expected.

  17. Antitrust inspectors visit an Arata subsidiary over suspected resale price maintenance

    Arata said a consolidated subsidiary received a Japan Fair Trade Commission on-site inspection on suspicion of resale price maintenance, and that it will cooperate fully; the notice gives no financial impact.

  18. BuySell Technologies plans about ¥600mn in labor savings from AI next year

    BuySell Technologies says AI already handles about 70% of its contract calls and about 40% of follow-up calls, and it expects roughly ¥600mn in labor-cost restraint next year across its call-centre and marketing departments.

  19. Ransomware at a Toho Holdings subsidiary leaks healthcare-worker booking data

    Ransomware attackers took data from a database run by a non-consolidated Toho Holdings subsidiary, including healthcare workers' names and booking details, while recordings and content files were not on the database and the affected record count is unknown.

  20. Kanematsu closes IDAJ deal at ¥49.8bn, ¥0.6bn below first estimate

    Kanematsu Electronics now owns all of IDAJ and its subsidiaries at a final cost of ¥49.8bn including advisory fees, below the ¥50.4bn first estimate, with a minor expected effect on current-period earnings.

  21. Yellow Hat puts confirmed breach at 1,797,124 members, with addresses and birth dates exposed

    Yellow Hat says log analysis fixes the number of affected members at 1,797,124, slightly below its first estimate, but adds addresses, birth dates, gender and login IDs to the data taken; the booking system has restarted and the final report has gone to the privacy regulator.

  22. Consec sets up outside probe after paying ¥47mn more dividend than the law allowed

    Consec says its auditor found the final dividend for the year to March 2025 exceeded the legal distributable amount by ¥47mn; shareholders need not repay, and an outside committee will examine causes and responsibility.

  23. Beauty Garage says 775,725 customer records leaked in website intrusion

    Intruders reached Beauty Garage's servers between 10 and 12 October, and the company has confirmed 775,725 leaked records covering salon names, customer names, emails and phone numbers; it is still assessing the earnings impact.

  24. Metaplanet spends ¥19.3bn buying back 73.98mn of its own shares at ¥261

    Metaplanet repurchased 73,981,400 shares for ¥19.31bn at ¥261 in an off-auction trade, drawing on a ¥60bn authorization that runs to October 2027.

Japan Trading Houses & Wholesale Stocks: Company News and Filings