Share buybacks, offerings, activist stakes, shareholder votes and board changes at Japanese companies.
Read-through: Japan Asia Investment withdrew a charter amendment before its June 30 annual meeting after saying shareholder views warranted a rethink of the authorized-share change. A separate disclosure showed Governance Partners holds 23.63% of voting rights and shares the chief executive, adding context on the governance set-up, not proof of who objected.
Fuji Kosan says listed status should help lift annual hiring to 1.5 times current levels by 2029 and support a later move to the TSE Standard Market, while this year’s guide points to lower sales but higher operating profit.
The embedded-systems company says its Sapporo PRO Frontier listing is a bridge to direct financing for a shift toward IoT security software, even as current-year sales are set to edge down.
The move: Nippon Chemi-Con completed a ¥9bn issue of Class C and D preferred shares to Development Bank of Japan, then pushed through ¥4.5bn cuts to both capital and capital reserve and cancelled all Class A preferred shares.
A ¥5bn convertible placement gives JALCO cash upfront for property and battery expansion, while Growth Partners signs on to help with strategy, M&A, DX and IR, and the company separately added rights for a second Oita battery site.
The catch: General Oyster’s ¥10 per share dividend, totaling ¥53.4mn, is set to come from capital surplus after shareholders approved cuts to capital stock and capital reserve that are meant to improve flexibility and capital efficiency.
The group also approved a ¥893.7mn dividend and elected seven directors, but the available filing excerpt does not show whether the repurchase proposal was approved.
Shareholders approved a ¥7.5-a-share payout effective from June 26 and backed an eight-director slate that includes President Mitsuru Terui.
Shareholders put the board on an annual approval cycle and cleared a ¥26 per share year-end dividend, though the packet excerpt omits the meeting's vote figures.
A ¥42-a-share year-end dividend and the company’s director slate cleared the annual meeting, giving investors final confirmation on both cash return and board elections.
A ¥150-a-share dividend, worth ¥1.79bn in total, is now effective, while the annual meeting also signed off on the company’s 14-director slate.
Shareholders backed a ¥24 a share payout worth ¥800.9mn in total and approved four directors plus three Audit and Supervisory Committee directors at the June 24 annual meeting.
An 80 yen year-end dividend per common share and an eight-director slate won shareholder approval on June 26, setting the payout and board lineup recorded in the meeting resolutions.
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.
Takenari Imayama is set to leave representative-director status, and Fujishoji shareholders have approved five directors and four audit-committee members, including president Tomohito Matsushita.
Shareholders approved three AGM items, including a 10-director board and a revision to the compensation amount for outside directors, giving Tobu a clear governance outcome even if the available excerpt leaves out the new figure.
A March subsidiary consolidation is now being written into Yokogawa Bridge's stated business scope and meeting rules, alongside a ¥60 year-end payout.
Shareholders approved a ¥2.29bn cash payout and amended Articles 29 and 38 so certain non-executive directors and corporate auditors can sign liability-limitation agreements.
The machinery maker’s annual meeting signed off a revised cap for non-audit-committee directors and allowed up to ¥20mn a year, within that framework, to be used for restricted stock for directors other than audit committee members and outside directors.
A June 26 shareholder vote locked in a ¥335-a-share payout worth ¥821.4mn from June 29, while the same disclosure confirmed seven directors without enough detail to show whether the board actually changed.
A ¥75 a share year-end payout, worth ¥94.4mn in total, takes effect on June 29 after shareholders also back a board slate including president Kazufumi Ii.
The ¥1.59bn year-end dividend becomes effective on June 29, and investors also approved four directors plus one Audit and Supervisory Committee member.
The June 25 annual meeting put a ¥92.8mn payout into effect from June 26 and approved separate resolutions for three directors, three Audit and Supervisory Committee directors and one substitute committee director.
The June 25 vote confirmed a nine-member board slate, including president Akitoshi Ichii, but the source text available here stops short of a readable vote breakdown.