Share buybacks, offerings, activist stakes, shareholder votes and board changes at Japanese companies.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.