Earnings, deals and disclosures from Japan's listed trading houses & wholesale companies, in English.
IDOM expects ¥655.0bn of sales but only ¥18.5bn of operating profit, down from ¥24.0bn, as inventory clearance, weaker auction prices and hiring for 13 large-store openings weigh; its full-year dividend forecast falls to ¥31.38.
Kanaden lifted its interim sales forecast to ¥69.3bn from ¥63bn and operating profit to ¥1.95bn, crediting AI and data-centre demand across chip equipment, switchgear and power systems, while full-year guidance is still under review.
Metaplanet will use about ¥51.9bn from a zero-coupon convertible due 2031 to repay ¥23.6bn of bitcoin-backed borrowing and fund up to ¥28.3bn of buybacks, even as total debt rises and the conversion price is still to be set.
Toho Holdings has decided to end its examination of acquiring PHC Holdings, which had received a non-binding initial proposal; neither company's October 9 notice gives terms or a reason.
Shinko Shoji shareholders backed a 7,894,651-to-1 consolidation with 95.59% approval; Kaga Electronics is set to become sole owner after delisting expected on October 29, with minority cash of ¥1,580 per share expected in late March 2027.
Optimus Group's board has resolved to put its 30%-owned Australian affiliate OzCar into voluntary administration, reversing a May plan to exit the alliance, with its loans, guarantees and earnings impact still under review.
Settlement of AS ONE's own tender offer on October 6 cut the founding family's combined holding from 12.63% to 9.30%, yet the filing still calls the shares a long-term, stable-shareholder stake.
Toho Holdings filed an objection on October 6 to the Tokyo District Court's September 18 provisional order blocking a free share-warrant allotment that shareholders approved in June as a defence against 3D Investment Partners.
KPP Group's Antalis has signed to buy nine Papyrus paper wholesalers and German assets with about €215mn in 2025 sales, subject to competition approvals in some countries, with the price undisclosed.
Kobe Bussan resolved to issue a zero-coupon ¥60bn convertible, with about ¥30bn for an airline-catering acquisition and ¥30bn for a buyback of up to ¥40bn, starting with a ¥2,969-a-share order on 30 September to absorb hedge selling.
Japan Lifeline plans to pay up to $4.73mn, including a $4mn earn-out, for Cross Vascular, an FDA-cleared developer with no revenue reported for 2023 to 2025, and to inject another $7.27mn to pay its debts and fund operations.
Hit capsule-toy releases and strong convenience-store lottery and trading-card sales push Happinet's six-month net profit forecast to ¥9.0bn from ¥5.0bn, while the toy distributor keeps its full-year guidance unchanged pending the Christmas selling season.
Cutting-tool distributor Naito says higher tungsten costs tied to China's export controls, plus customers rushing orders ahead of feared shortages, helped drive a nearly fourfold jump in first-half profit, prompting an upward revision to its full-year guidance.
Kaga Electronics raised its full-year profit forecast after absorbing Shinko Shoji, but a ¥6bn non-cash negative-goodwill gain accounts for most of the ¥7bn net-profit increase, and the company strips that gain out before setting its higher dividend.
OTAKE Corporation's special investigation committee found that trades routed through a rival probably breach Japan's Antimonopoly Act, a conclusion that forces a ¥477 million cut to reported sales for the year to May 2026 while leaving ordinary profit unchanged, with recurrence-prevention measures still to come.
A former finance chief at Sanyo Trading's US subsidiary, Sanyo Corporation of America, is suspected of diverting about $3.9 million (roughly ¥609mn) between June and September, caught only when staff matched bank records against the books, and the parent has now empanelled outside lawyers while the hit to earnings and any recovery remain undetermined.
Kanematsu Electronics is buying full control of Yokohama's IDAJ, a model-based design and simulation software specialist, for about ¥39.4 billion, a bet that trading-house manufacturing IT can move upstream into engineering design work, even though two of the target's smaller units are lossmaking with negative net worth.
Under a sponsor agreement signed September 16, Ledax will pay ¥670mn for full ownership of a new company that inherits Harika's roughly 100 stores and 450 corporate clients, while Harika's bank borrowings stay with the renamed original entity and closing is targeted for January 5, 2027.
A Los Angeles adviser's stake in Tokyo-listed Metaplanet fell to 9.76% after a run of September sales, and the same filing discloses tens of millions of its shares out on loan to JPMorgan and Fidelity.
Kobe Bussan grew nine-month sales 5.2% to ¥432.9bn but net profit fell 10.9% on a currency-hedging base effect and merger costs, and it separately completed a ¥57bn purchase of 15 overseas in-flight caterers after the quarter closed.
ITOCHU reported zero shares repurchased in August under its ¥300bn buyback because it chose a ¥1,813-a-share tender offer for up to 82.7mn shares that ran from August 4 to September 1, with purchases booked on a contract-date basis.
Ending a duplicate-warehouse cost overlap helped Beauty Garage nearly double quarterly operating profit to ¥475.8mn, but its online store still can't take credit cards at checkout seven months after a suspected data leak, with a fresh outside investigation launched in August yet to find a cause.
A real-estate leasing company founded by AS ONE Corporation's former representative director has tendered 2.5 million shares into the company's own buyback, but settlement doesn't start until October, so the reported 12.63% joint stake it holds with a family-member director stays unchanged for now.
The industrial-equipment trader will lift its annual dividend by ¥20 to ¥120 for the year ending March 2027, its first move under a new progressive-dividend policy, while it gradually unwinds cross-shareholdings that have kept daily trading value near ¥141mn.