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Japan Capital and Governance (Page 2)

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

  1. Mitsubishi Corp. Sells Its Entire 20% Stake in Toyo Tire Back to the Company

    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.

  2. A 165-Year-Old Kimono Wholesaler Wants ¥9.7bn for Bitcoin, Rare Earths and Robots

    BitcoinJPN, the company formerly known as textile wholesaler Marusho Hotta, is issuing convertible bonds and warrants to EVO Fund worth up to ¥9.7bn, with a conversion price that resets every two trading days and no ceiling, to fund a rare-earth mine, a robot-rental unit and more bitcoin after its first warrant round this year raised barely half its target.

  3. FTGroup's Second-Largest Shareholder Exits, Leaving Hikari Tsushin With 72.6% of the Vote

    HCMA Alpha sold its entire 13.03% stake in FTGroup on June 30, 2026, and neither filing says who bought it, leaving parent Hikari Tsushin as the only sizeable shareholder still on the register.

  4. Toyota Tsusho Completes ¥663.7bn Share Buyback via Self-Tender Offer

    Toyota Tsusho bought back 118.1 million of its own shares at ¥5,620 apiece, settling 99.99% of the ¥663.7bn repurchase its board authorized in April.

  5. Mitsubishi Corp's Chiyoda Stake Drops to 66.6% After a ¥55bn Preferred Share Sale

    An off-market sale of 441.6 million Chiyoda Corporation preferred shares drops Mitsubishi Corporation's holding ratio from 81.94% to 66.57%, a stake cut worth roughly ¥55.1bn.

  6. Solekia shareholders approve ¥70 a share payout and 12-director slate

    A ¥60.5mn cash dividend became effective on June 29 after Solekia's annual meeting also signed off on 12 directors.

  7. Sakae Electronics shareholders approve ¥11 dividend and governance slate

    Sakae Electronics won approval for a ¥55.9mn cash payout, effective June 29, and for five directors plus one corporate auditor, though the packet excerpt does not show a readable vote breakdown or identify the elected slate.

  8. MOONBAT approves 41-yen payout, details Yagi Tsusho ties

    The 140th-anniversary payment lifts the year-end dividend to 41 yen a share, while a separate disclosure says largest shareholder Yagi Tsusho had 24.49% of voting rights as of March 31 and accounted for ¥326.7mn of purchases.

  9. Omori Engei Holdings carried ¥1.36bn of bonds against ¥77.3mn of net assets

    The unlisted company, which holds 31.98% of Ota Kaiki's voting rights and shares a director with the listed group, posted ¥5.4mn of net profit for the year to March on ¥19.5mn of dividend income.

  10. Nagahori renews takeover defenses after citing Re-Generation share accumulation

    The move: Nagahori won 73.1 per cent support to renew its large-share-purchase response policy after citing share accumulation by Re-Generation and associated parties.

  11. S.ISHIMITSU gives coffee subsidiary directors ¥5.25mn in parent shares

    Four Allied Coffee Roasters directors will receive 4,301 S.ISHIMITSU shares, locked up until they leave either the parent or subsidiary board.

  12. aero lab international ties Tokyo Pro listing to a ¥20bn sales goal

    The business aircraft seller says listed status should help it deepen bank ties, recruit aviation specialists and tighten governance before any broader-market step-up, whose timing is still undecided.

  13. Marubeni ends existing buyback after spending just under ¥60bn

    The trading house finished an existing buyback after repurchasing 11,766,800 shares for just under ¥60bn by June 23. That falls short of the 20mn-share ceiling but effectively uses the cash cap, which makes this an execution scorecard on shareholder returns rather than a fresh promise of more.

  14. YUASA says TSE threshold triggered investment-unit disclosure, no concrete plan yet

    The company said its investment unit was at least ¥500,000 as of March 31, triggering a Tokyo Stock Exchange Rule 409 disclosure. Management says a lower unit could help liquidity, but there is no concrete plan or timetable.

  15. Tiemco shifts from opposing to partnering with largest shareholder

    Tiemco said it has agreed a cooperative framework with Kenka Synergy, which emerged from the May tender offer with 45.00% of voting rights. The pact covers profit growth, overseas expansion, digital transformation, ecommerce and the introduction or proposal of management and operational personnel, while Kenka Synergy also agreed to respect existing employment, business relationships and brand assets. That is a notable shift from the company's earlier opposition to the bid. Tiemco still has work to do on listing-maintenance measures and board reshaping, and it has set July 6 as the record date for an extraordinary shareholder meeting planned for late August.

  16. BuySell fixes stock-option split, with employees taking the larger allotment

    The final paid stock-option allocation gives 6,420 rights to 26 employees and 2,160 to four directors, for 8,580 rights tied to 858,000 shares in total. It is a compensation update, but one that says retention is not being reserved for the boardroom.

  17. Bitcoin Japan puts a board reset and tougher long-term pay plan to shareholders

    Bitcoin Japan wants shareholders on June 29 to keep CEO Phillip Lord in place, add Masato Mori and three outside directors, and approve a revamped long-term incentive package built around revised RSUs, new PSUs and paid stock options. The package comes with multi-year transfer restrictions, malus and clawback terms, and stepped share-price hurdles, while the company also wants more flexibility to expand into new business lines and set up a Singapore subsidiary for AI infrastructure investments. Shareholders are being asked to approve a framework first and the finer points later.

  18. Toyota Tsusho’s 118 million-share buyback redraws its ownership map

    Toyota Tsusho's self-tender turned into an ownership reset. Shareholders tendered 118,109,134 shares against a planned purchase amount of 118,095,402, so the company used pro-ration and ended up buying 118,095,432 shares. The offer was only marginally oversubscribed, but still large enough to matter. Why it matters: Toyota Tsusho says the holder named as Toyoda Jidoshoki goes from 11.19% of voting rights to effectively zero once settlement begins on June 24. This was not just cash spent on a buyback; it redraws the disclosed ownership map.

  19. Bitcoin Japan’s June 1 warrant exercise creates 3.2 million new shares, with 2.64 million still outstanding

    On June 1, 32,000 first adjustable-price warrants were exercised, creating 3.2 million new shares and using 22.78% of the original issue. After that burst, 26,397 warrants remained outstanding, equivalent to 2,639,700 shares, though the company's separate May status notice shows a different month-end balance and leaves the paperwork looking untidier than investors would prefer.

  20. Japan Lifeline sets March 2027 JLL Med rebrand and new executive-officer structure

    Japan Lifeline plans to rename itself JLL Med from March 1, 2027, subject to shareholder approval in June 2026, while also adding an executive-officer framework and rewriting its articles to separate board supervision from day-to-day execution.