Share buybacks, offerings, activist stakes, shareholder votes and board changes at Japanese companies.
Axium Capital says it proposed an immediate ¥3bn-¥5bn buyback and a payout ratio of at least 60%, up from 30%, at Hirakawa Hewtech, and has raised its stake to 10.36% from 9.01%.
Nitto Denko raised its full-year dividend forecast from ¥64 to ¥72 a share and authorised repurchases of up to ¥50bn, or 17 million shares, between 4 November 2026 and 24 March 2027.
ES-CON JAPAN signed a ¥17bn syndicated term loan due October 2033 to fund its Kitahama Realty share purchase and refinance debt, with covenants on net assets and consecutive ordinary losses.
JPMC will ask shareholders on November 27 to approve a 726,050-to-one share consolidation, with delisting planned for December 29, a ¥2,270-per-share cash-out basis and payment targeted for mid-April 2027.
The Tokyo-listed education company paid ¥1.289bn in one off-auction trade to take shares from its founder and chairman, who no longer counts as a controlling or major shareholder, though he stays second on the register.
Japan Exchange Group will split its shares two for one from April 2027, citing retail investors' wish for smaller trading units, and will cancel 9,486,700 treasury shares on 10 November.
HiJoJo Partners' amended filing assumes a ¥520–¥555 range for a planned 20 November Growth-market listing, with an estimated ¥2.64bn of net proceeds at the midpoint, while success fees made up 75.8% of sales in the six months to April 2026.
3D Investment Partners now holds 12.73% of J.Front Retailing, up from 11.63%, and argues the department-store group is overcapitalised once its property is valued at market; its filing says it may submit written proposals.
enish will cancel its May warrants, which raised ¥320mn of a ¥1.12bn target, and issue new EVO FUND warrants covering 109.66% of its shares, with ¥400mn of crypto purchases ranked behind game spending.
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.
Seven & i Holdings set coupons of 2.435%, 2.848% and 3.568% on ¥110bn of three-, five- and ten-year bonds, with ¥60bn of proceeds planned to repay a note due on 2 November.
Daiwa House Industry's three subordinated bonds run 35 to 40 years with first call dates in 2031, 2033 and 2036, and net proceeds of ¥228.3bn are planned to go toward short-term borrowings the company plans to repay by the end of October.
The T. Rowe Price group's combined stake in Taiheiyo Cement is 7.32%, the same as in its prior report; the amended filing was triggered by a change in material contracts covering shares lent to five banks.
toggle holdings fixed its IPO price at ¥4,040, the top of the range, and will receive ¥3,737 a share on 2,244,600 new shares, split between domestic and overseas buyers, with trading planned to begin October 30.
JERA's ¥10bn unsecured bond pays 2.861% to October 2031, with payment scheduled for 28 October; if the fiscal 2030 carbon-intensity target is missed, the filing's stated consequence is a donation.
ValueAct's funds hold 20.01% of Takara Holdings, and one of them has demanded an extraordinary meeting to remove three outside directors and elect three others, saying ValueAct seeks neither control nor a buyback; Takara has not yet set out its response.
Capital Research and Management Company and three Capital International entities now jointly report 103,770,581 IHI shares, 9.58% of the total, up from 7.75% in the previous report, with the lead entity alone at 8.87%.
A year-old Dubai investment company holds 20.02% of Media Kobo through a placement of shares and subscription rights, financed entirely by a ¥402.7mn loan from Emirates Islamic Bank, and says it backs current management.
A Hong Kong subsidiary of Sumitomo Mitsui Finance and Leasing signed an unsecured ¥266bn syndicated loan agreement that requires EBITDA at SMBC Aviation Capital Limited and its subsidiaries to stay at no less than 1.5 times interest expense.
A joint holding by Nippon Active Value Fund, NAVF Select and Dalton Investments in Meisei Industrial rose to 14.62% from 13.62%, driven by NAVF Select's purchases; the filing also recounts the filers' April 2026 shareholder proposal on a buyback and board-related changes.
Japan Prime Realty Investment Corporation plans ¥32bn of TIBOR-linked green loans from Mizuho, Mizuho Trust and Resona to fund an Otemachi acquisition on 23 October, with ¥29bn booked as short-term borrowing.
Effissimo Capital Management reports an 18.90% Tamron holding, up from 18.54%, and says it has no specific plan to add more than 5 percentage points, though takeover proposals including Sony's could lead it to buy more.
BASE's largest shareholder puts his stake at 28.36% in an amended report, with ¥10.52bn of margin credit in the funding, and says he may vote against directors and plans to propose a nominating-committee board once SBINM's tender offer ends.
Infroneer priced 47.8 million new shares at ¥2,179.5, a 3.00% discount to its reference price, and now expects net proceeds of up to ¥114.1bn, all for short-term loan repayment by December 2026.