Mergers, tender offers, buyouts and asset sales involving Japanese companies, in English.
Saint Marc Holdings will spend ¥12.8bn in cash to acquire the Tsurutontan udon and washoku business from Osaka's K-Express, a Kato Pleasure Group unit whose operating profit fell by more than half last year, and plans to use the brand's inbound following to expand into major Japanese cities and ASEAN markets before the deal takes effect on December 1, 2026.
Kameda Seika will hand its full 49% stake in a loss-making Indian rice-cracker venture to majority partner LT Foods, ending a nine-year attempt to build the category there, with the sale price undisclosed and completion due in late October.
To comply with a farmland law that bars non-farmers from majority voting control, Fujita Corporation is taking only 40% of the vote in a Hokkaido dairy farm it is buying for about ¥139mn, while non-voting preferred shares hand it 99.4% of the economics.
Integral's buyout vehicle has launched a ¥2,514-a-share tender offer for Kadoya Sesame Mills, Japan's leading sesame-oil maker, but the final payout to shareholders depends on whether Mitsubishi Corporation and Mitsui & Co., which together hold nearly half the stock, agree to exit through a separate share buyback rather than tendering, an arrangement that could lift the price as high as ¥2,760.
HUMAN MADE agreed to pay ¥538.8mn in cash for full control of UNDERCOVER's operating company, but the deal won't close until February 2027 and the filing does not yet say how much goodwill it will generate.
HUMAN MADE will pay roughly ¥554mn in cash, funded entirely from its own balance sheet, to take 100% control of streetwear label UNDERCOVER, while the brand's founder steps back from management to remain only as head designer ahead of a planned February 2027 closing.
Life Corporation is paying a 51% premium to take Hokuriku supermarket chain Albis private after five rounds of price haggling, and Mitsubishi Corporation is staying on as a 16.6% shareholder rather than selling out.
ALBIS shareholders are being offered a 51% premium to sell into Life Corporation's ¥3,780-a-share tender, but the price assumes they forfeit this year's dividend, and Mitsubishi Corporation, ALBIS's top holder, is staying on rather than cashing out.
State-owned Development Bank of Japan will pay ¥906.5mn for a 3.32% stake in Kurashiki plastics maker Hagihara Industries, with proceeds funding a roughly ¥1.0bn overseas capacity push through October 2028.
Japan's discount clothing chain is taking over site rights and select assets at 21 stores run by a Sumitomo Corporation-owned supermarket operator, but not its debts, supplier contracts, or the price paid.
Roughly three and a half months after buying a majority stake in Vietnamese device maker USM Healthcare, Nissha is selling the whole position back to USM's own director at an undisclosed price, having found circular-transaction accounting that predates the deal.
Nojima has taken a 70% stake in Yamato Holdings' consumer-credit arm, renamed it N Credit Finance, and put a new executive in the president's chair on day one, aiming to bolt the unit's payment and receivables tools onto its retail business.
Ichibanya, operator of the CoCo Ichibanya curry chain, and House Foods Group, named in a Nikkei report about a sale of Ichibanya shares, both confirm a review that includes taking the restaurant company private, but neither will verify the report itself.
Selling 51% of its electricity retailer to a Hikari Tsushin unit will cut Remixpoint's revenue guidance by over a third, but a one-off gain lifts its profit guidance by a similar margin, and the roughly ¥18bn freed up is earmarked for grid-scale batteries and acquisitions.
Dai Nippon Printing has 96.55% of Austria's AustriaCard Holdings tendered at a value of about €351mn, clearing every regulatory hurdle except Austria's own foreign-investment approval, with a squeeze-out and delisting from Vienna and Athens already planned once that arrives.
ART VIVANT's own chairman set up a ¥5,000 holding company that picked up 59.73% of the Tokyo-listed retailer in a tender offer; combined with the chairman's other holding vehicle, insiders now control 94.02%, enough to push the company toward delisting.
TRIAL Holdings will move Seiyu's supermarket operations into a renamed subsidiary it keeps, while selling the emptied-out original entity, now just a landlord for select stores, to a buyer called Unicorn GK by December 1, 2026.
Seven & i confirmed payment has landed for 144.9mn treasury shares sold to SoftBank, PayPay and Mitsui Sumitomo Card at ¥2,070 apiece, converting July's alliance announcement into a completed ¥300.0bn capital injection with no earnings read-through disclosed yet.
Kirin Holdings will pay CAD45.75 a share, about ¥218.3bn in total, for full control of Jamieson Wellness, extending its health science push into North America after building a base in Asia and Oceania through Blackmores and FANCL.
Meiji Holdings is selling its loss-making China milk, yogurt and B2B business to a dairy group it partly owns for about ¥7.6bn, while holding onto yogurt intellectual property and its Guangzhou plant, which switches to making cacao products.
Terra raised its take-private offer for Satsudora Holdings from ¥1,220 to ¥1,260 a share after four shareholders holding 24.91% of the drugstore chain signed irrevocable tender pledges, and the board voted again to back the higher price.
Seven & i Holdings says discussions on a Polish convenience-store investment are real, but nothing has been decided, after media reports the company did not authorize.
Katsumi Nozawa's Orsay vehicle is offering ¥1,900 a share for Art Vivant, up from the ¥1,670 that failed to clear its minimum threshold last year, and this time top shareholder Hiroyuki Maki has signed a pledge to tender his full 39.93% stake.
Yoshinoya's US subsidiary is paying $28.7m for 70% of Kizuki International, with more than a quarter of that funded by 380,500 newly issued treasury shares rather than cash, plus an earn-out tied to Kizuki's results through 2029.