Share buybacks, offerings, activist stakes, shareholder votes and board changes at Japanese companies.
Nidec Corporation confirmed it is examining a change to its top executive ranks and a large-scale impairment charge, but said no decision has been made, after Diamond Online reported that the company had decided to dismiss its president and faced writedowns on the scale of ¥1 trillion.
Nippon Sheet Glass says payment for its third-party share allotment and the procedures required for a related share consolidation are finished, and its shares will leave the Tokyo Stock Exchange's Prime Market on September 28, 2026.
Medical-DX software maker LAYERED listed on the Tokyo Stock Exchange's Standard Market with year-to-June revenue up 35.6% to ¥1.98bn and profit up 170.6%, but the disclosed year-to-June-2026 accounts had not yet been audited.
Kawasaki Kisen Kaisha's board has resolved to cancel the 44,429,000 treasury shares it bought back under a ¥130bn program, cutting its total issued shares by 6.95% to 594,743,067 when the cancellation takes effect on October 2, 2026.
Furukawa Electric sold part of its UACJ stake for about ¥28.3bn on September 25, booking a ¥21.7bn gain that was already priced into the previous day's revised interim forecast, leaving full-year guidance unchanged.
ARCHION, the parent of Hino Motors and Mitsubishi Fuso Truck and Bus, signed a ¥250bn syndicated facility led by Sumitomo Mitsui Banking Corporation and decided to borrow ¥200bn of it, mostly to refinance the two truck makers' existing short-term debt, with capital-floor covenants running through 2028.
Chugoku Electric Power will borrow ¥149.0bn from eight banks under a GX Promotion Organization guarantee to fund safety construction at Shimane Unit 3 and a turbine rebuild at a hydropower plant in Ochi District, Shimane Prefecture, with the loan contract due September 28 and disbursement scheduled two days later.
Oasis Management's stake in M3 climbed to 8.46% from 7.40% through months of market buying funded by fund capital rather than borrowed money, and the fund now has notice on file that it may push for the dismissal of M3's representative director, changes to the board, delisting, or a takeover crossing majority control within the next year.
All nine of SUNWELS' lender banks have agreed to defer ¥574mn of loan principal due between October and March, the company's second repayment extension this year, with interest payments continuing unchanged during the deferral.
SoftBank Group locked in coupons of 7.125% to 9.75% on $10bn of dollar notes and €1bn of euro notes rated BB+ by two agencies, saying the money will fund the last $10bn tranche of its $30bn OpenAI Group commitment and that it separately plans to cancel the remaining $10bn of an unused bridge facility.
Shimizu is financing a construction acquisition push with a roughly ¥100bn zero-coupon convertible bond sale split across two maturities, and it doubled a parallel share-buyback program to ¥20bn on the same day to soften the eventual dilution.
Cayman Islands activist Oasis Management has spent two months buying En Inc. shares on-market, pushing its stake to 14.54% from 13.45% and disclosing it has already asked the recruitment-listings operator to consider delisting and a capital-policy change, while planning to press for the representative director's dismissal and other officer changes over the next year.
Furukawa Electric plans to sell its entire roughly 7% UACJ stake for about ¥28.6bn, moving the sale and its estimated ¥22bn special gain into the current half from a previously expected later booking, lifting half-year profit guidance 36.5% while sales and operating-profit forecasts stay flat.
Asset Value Investors disclosed a stake increase to 19.16% in Wacom and revealed it has already proposed a 65% dividend payout ratio target, while reserving broader board and asset-sale options it has not yet used.
Air Water shareholders approved a move to an audit-and-supervisory-committee board on September 22, 2026, and the board separately named an independent outside director as chair, but the president and a fellow board nominee were approved with only about 86% support, well below the 96% to 98% every other candidate received.
Net Protections' operating subsidiary pushed the maturity on a ¥5bn term loan and a ¥7bn credit line to December 2026, with covenants unchanged, while it negotiates a new funding framework with related financial institutions.
FANUC completed its share-buyback program on September 17, 2026, having spent ¥49,999,790,800 of its ¥50bn cap, well ahead of the April 2027 deadline the board originally set.
Bridgestone retired 42,649,100 treasury shares on September 18, cutting its outstanding share count to 1,291,387,942 under a board plan approved in February, a cancellation of shares held in treasury rather than a new buyback.
Itochu Corporation and Norinchukin Bank funded ¥12bn of new non-voting Tokyo Century class shares on September 18, but a same-day cut to capital and capital reserves swept the whole amount into other capital surplus, leaving the company's formal capital figures unchanged from before the deal.
Nippon Seiki closed its ¥9.98bn ToSTNeT-3 share buyback on September 18 at essentially its board-approved ceiling, and Alps Alpine sold its full 3,000,000-share block into the deal. Alps Alpine plans to record a roughly ¥6bn special gain for the quarter, a figure that could still shift once transaction costs are finalized; separately, the effect on its full-year forecast remains under review.
Rakuten Group has registered up to ¥600bn in bond capacity running through September 2028, covering ordinary unsecured notes as well as dated and perpetual subordinated structures, though the filing leaves every coupon, price and issue size undetermined until specific offerings are priced.
Daito Trust Construction will borrow ¥105bn across three loan agreements with Sumitomo Mitsui Banking Corporation, Mizuho Bank and Mitsubishi UFJ Bank that require the homebuilder to keep net assets above half of last fiscal year's level and, on two of the loans, keep ordinary income out of the red.
Oasis Management's stake in Infomart has climbed to 20.13% from 19.00%, and the fund has already proposed asset disposals and a board reshuffle while reserving the right to push for delisting or a transaction handing an outside party majority voting control within the next year.
ALPS ALPINE will sell all 3 million Nippon Seiki shares it holds into Nippon Seiki's own September 18 share buyback, expecting to book roughly ¥5.0bn in special profit if the off-exchange trade completes as planned.