Share buybacks, offerings, activist stakes, shareholder votes and board changes at Japanese companies.
A group holding 18.97% of Bunka Shutter wrote on 5 October 2026 proposing a repurchase of 5% of issued shares, to be paid out to employees as restricted stock. It is a shareholder proposal, not a company authorization.
SAAF Holdings will acquire and cancel all 24,340,846 defense warrants on October 28 after its calculation put a flagged shareholder group at 10.37% of votes, below the 20% trigger, though the board keeps the option to reimpose the measure.
Strategic Capital, which holds 13.67% of GungHo, lists a ¥200 dividend, a Sony Music share resale, a takeover or leadership change as proposals, and plans a shareholder proposal on the 2026 payout for January and February 2027.
BASE's largest shareholder holds 24.52%, up from 23.32%, largely funded by margin credit, and says he will assess each director at the ballot box and propose a committee-based board once SBINM's tender offer ends.
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.
Tokio Marine bought ¥68.3bn of its own shares in September, 34.17% of the ¥200bn programme approved in May, after its March programme hit the yen ceiling. A 15-for-1 split took effect on 1 October.
Tokyo Electron had bought ¥149.999bn of stock against a ¥150bn board ceiling by the end of September, yet only 2,443,900 of the 7.5mn authorized shares, and the purchase window runs to March 2027.
Mizuho Bank is selling ¥281bn of unsecured bonds across three-, five-, seven- and ten-year maturities, with coupons from 2.465% to 3.626% and AA ratings from R&I and JCR.
East Japan Railway's ¥70bn bond sale prices three-year paper at 2.395%, five-year at 2.761% and ten-year at 3.456%, with an AA+ rating from R&I and payment scheduled for October 16.
Maki Hiroyuki raised his BASE holding to 23.32% from 20.53% and now says he may vote against individual directors, while aiming for more than 30% of voting rights and a committee-based board proposal once the SBINM tender offer ends.
Subaru bought ¥16.21bn of its own shares in September, bringing its buyback to ¥67.00bn, or 44.67% of the ¥150bn cap, with 32.68% of the 80mn-share limit used.
Sincere will lend its controlling shareholder ¥1bn unsecured at a fixed 8.0% for short-term factoring funding, due 29 December, after the parent repaid July's loan in full and Sincere's independent directors backed the new terms.
Okumura's ¥15bn unsecured social bond pays 2.704% to October 2029, and the contractor plans to spend the net ¥14.936bn on cash payments to subcontractors by the end of December 2026.
Oasis Management holds 9.48% of M3, up from 8.46%, and says it intends to raise its holding ratio by more than 5 points within three months of 1 October, subject to price and other conditions.
Mizuho Bank converted preferred shares received in the Rakuten Card share delivery into 23,559,673 Rakuten Bank common shares, a 5.81% stake it cannot sell without consent and which carries the right to nominate one Rakuten Card outside director.
Mitsui O.S.K. Lines is offering ¥9.1bn of five-year bonds at 2.857% and ¥12.9bn of ten-year bonds at 3.681%, and plans to spend the ¥21.889bn net proceeds on LNG-carrier investment by March 2027.
Fast Retailing now forecasts a ¥530 year-end dividend, up from ¥320, taking the annual total to ¥850 a share from ¥640, and says stronger cash generation covers both growth investment and higher shareholder returns.
Effissimo Capital Management now holds 18.54% of Tamron, up from 17.38%, and says price, liquidity and takeover proposals, including Sony's, could lead it to raise the ratio by more than 5 points, though it has no concrete plan to.
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.
Oasis Management's holding in en inc. rose from 14.54% to 15.63% on daily market purchases, and its filing says it plans to add more than 5 percentage points if the shares look undervalued.
GNI Group says it will be added to TOPIX from October 30, selected from the Tokyo Stock Exchange's Growth market in the first regular reshuffle since the index opened selection to all three market segments.
Seven financial-institution shareholders will sell 3,570,800 CKD shares at a price set between October 19 and 22, and the company has authorised buying back up to 1.3mn shares or ¥5bn to ease supply.
Fujitsu spent ¥10.87bn on its own shares in September, taking cumulative buyback spending to ¥32.82bn, or 21.9% of the ¥150bn authorization that runs to 31 March 2027.
Kyocera spent ¥32.36bn on 9.29 million of its own shares in September, taking cumulative purchases under its ¥250bn April authorization to ¥177.63bn, with the window open until March 24, 2027.