Earnings, deals and disclosures from Japan's listed trading houses & wholesale companies, in English.
Shinko Shoji's board approved cancelling 1.66 million treasury shares and called an October 9 vote on a share consolidation that would delist the electronics distributor by October 29, completing a takeover it never fully endorsed on price.
Marubeni's ¥60bn share-buyback authorization rounds to 100.00% of its value ceiling while covering only 58.83% of the shares targeted, and the trading house is running a second, ¥100bn authorization at the same time, through March 2027.
Senshu Electric lifted its full-year profit forecast and raised its annual dividend to ¥170 from ¥160, citing a recovery in orders from semiconductor equipment and machine-tool customers.
The trading house spent nearly its entire ¥80bn repurchase budget by September 3, 2026, seven months before the board's cutoff, and will cancel the 47.65 million shares it bought back on April 9, 2027.
A 17% holder of NIPPO Ltd. wants the company to borrow for a buyback worth up to ¥10bn at ¥4,000 a share and lift its payout ratio to 100% or more, and says it may push to dismiss directors if the board says no.
Five amended securities reports filed on the same day show the medical-equipment distributor's disclosed lease commitments were too low every year from mid-2020 to mid-2025, in one year by more than a billion yen.
A nationwide refresh of Japan's one-tablet-per-student fleet drove record sales and profit at this Tokyo systems integrator, but management is already guiding net profit down 16% next year as that public-sector surge recedes.
J-Holdings used a Companies Act provision to hand its president voting rights on warrant shares he bought after the record date, lifting his stake to 20.54% of the vote, while denying the identical grant to fund investor EVO Fund days before the September 4 shareholder meeting.
Hanwa completed its purchase of 50.1% of Associated Steel Group on August 31 for $226mn, against a $347mn full-company benchmark set in June, with DBJ holding the rest and the earnings effect still outside current guidance.
ITOCHU Corporation closed a tender offer for its own shares that drew more applications than it wanted, prorating the deal down to 82.7 million shares at ¥1,813 each, and now shifts the remaining roughly ¥150bn of its ¥300bn buyback authorization to purchases on the Tokyo Stock Exchange through January 2027.
The trading house repurchased 2.85 million shares in four weeks after its board approved a ¥100bn buyback, leaving most of the authorization unspent with seven months left before it expires.
The trading house spent ¥11.25bn repurchasing 2.28mn shares in August, a small down payment against a ¥200bn buyback ceiling the board approved just days earlier.
Three financial-institution shareholders, two non-life insurers and a life insurer, are selling 3,548,600 shares of the auto-chemicals maker as Japan's cross-shareholding unwind continues, with a same-day buyback meant to cushion the supply.
ITOCHU Corporation says a Nikkei report of a planned tender offer didn't come from the company itself, but confirms its board is meeting the same day and will disclose any decision it reaches, promptly.
The retailer's board resolved to hand AUTOBACS FRANCE, which lost €4.9mn on €44.7mn in sales last year, to Munich's FairCap Holding 12 GmbH for a nominal euro, and the accounting fallout, a ¥4.5bn deferred-tax benefit against a ¥2.3bn restructuring charge, raises the parent's net-profit forecast to ¥11.2bn while leaving sales and operating-profit guidance flat.
The trading house priced three unsecured bond tranches from 2.113% to 3.190%, with the entire ¥86.6bn net proceeds earmarked for general working capital.
Shinto Holdings disclosed on August 19 that ¥205mn earmarked for its own metal purchases was instead used to repay a bank, a related company and an individual, cover payroll and rent, and fund a loan to another subsidiary, spending that happened before the board approved the change or investors were told.
Metaplanet's board wants to hand over 2,100 Bitcoin and $2.5 million in cash for 95.7% of the votes in Nasdaq's Super League Enterprise, which would be renamed Superplanet and pivot into a bitcoin treasury business once SLE shareholders sign off, expected in the final quarter of 2026.
Kobe Bussan's July sales rose 7.6% and store openings kept pace, but a reversal in yen forward valuation gains dropped ordinary profit to about a fifth of last year's level, a swing the company calls temporary and non-operational.
Metaplanet has frozen the share count under its 2023 executive stock options at 319,464,000 shares and barred the five holders, including the company's representative CEO, from selling exercised shares until August 2031.
RYODEN Corporation raised its full-year operating profit forecast 25% after AI- and data-center-linked cooling and factory-automation orders drove a 132.8% jump in first-quarter operating profit, and it is using the upside to raise its dividend, split its stock and buy back shares.
Seika Corporation, already holding 11.58% of Tokyo Sangyo, has cleared itself to buy up to 1.9 million more shares by December 30, after updating the stated purpose of its stake to promote active dialogue on corporate value.
A 30.82 million-share block, a fifth of Toyo Tire's stock, moved off-market from Mitsubishi Corporation back to the tire maker itself at ¥3,602 a share, an EDINET filing shows, with no stated reason attached.
Metaplanet's revenue and operating profit both more than doubled in the first half, but a ¥184.3bn non-cash writedown on its 43,000 BTC holding pushed the company to a ¥182.8bn net loss. It also closed a ¥2.1bn deal for Siiibo Securities, now Metaplanet Securities, to sell bitcoin-backed corporate bonds under a program called BitBonds.