Mergers, tender offers, buyouts and asset sales involving Japanese companies, in English.
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.
Digital Hearts' chairman and his holding vehicle already own 45% of the company; through his own bidding company he is now offering ¥1,060 a share for the rest, with the tender window closing September 24, 2026.
Tokyo shortened the foreign-investment waiting period on Luxshare Precision Cayman's bid for Seed, letting purchases start September 4 and dropping one withdrawal clause tied to that review, while the ¥1.93bn dividend guardrail and the offer's price stay exactly as announced on August 27.
Tokyo Stock Exchange approval for Crasus Chemical's listing removes the sole condition on Resonac's planned October 1 split, under which shareholders get one new share for every Resonac share held on September 30 and a ¥303.9bn-revenue petrochemicals business comes off Resonac's consolidated books.
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.
Twinbird's board opposed Japanet Holdings' tender offer proposal, and Twinbird says Japanet's own September 2 statement made clear the deal has been withdrawn; the two companies dispute how the talks unfolded.
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.
Dentsu Group has pledged not to tender its majority stake into VIC LLC's planned takeover of Dentsu Soken, teeing up a share-consolidation squeeze-out once the tender offer, targeted for early November, settles.
OKI's ATM joint venture with Hitachi now has a provisional name, a Tokyo headquarters address and a president and vice-president lined up from each parent, but capital remains undecided and the October 1 launch still needs antitrust and foreign-investment clearances.
Baudroie's fourth-largest shareholder has agreed to tender his full 3.93% stake into BCPE Neon Cayman's ¥2,970-a-share buyout, adding to a founder share sale struck at a lower price as the offeror works toward a two-thirds squeeze-out vote.
Partners Life, the Auckland insurer Daiichi Life fully owns, has agreed to pay NZ$630mn for Fidelity Life, taking the business from Guardians of New Zealand Superannuation, Ngāi Tahu Investments and other holders, with completion targeted for March to July 2027 subject to regulatory approval.
Lumina Japan Acquisition paid ¥165bn in cash, no borrowing, for a 72% stake in Nippon Sheet Glass at ¥450 a share, then pledged those same shares to a fourteen-bank lender group tied to refinancing the glassmaker's debt ahead of a September 30 squeeze-out.
Tokyo Century has signed a final deal to sell 50% of Aviation Capital Group, its wholly owned US aircraft lessor, to related-party shareholder Itochu, and the resulting one-off gain, guided at roughly ¥50bn consolidated, stays unconfirmed until competition regulators clear the November closing.
Bain Capital's ¥820-a-share tender for eSOL will delist the embedded-software maker, but insider-linked holding companies controlling 13% of the stock opted out of the offer for a lower ¥663 buyback after the deal closes, a structure meant to leave more of the premium for outside shareholders.
Hanwa completed its purchase of 50.1% of Associated Steel Group on August 31 for $226mn, against a $347mn full-company benchmark set in June, with DBJ holding the rest and the earnings effect still outside current guidance.
Ryuji Arai, who also chairs electronics retailer Bic Camera, has agreed not to sell his 48.80% stake in Seed Co. into Luxshare Precision's tender offer, and struck a deal to hold 51% of the voting rights once the company goes private, leaving Luxshare with 49%.
The Japanese instrument maker is selling its embedded-software team in Poland to a brand-new FPT subsidiary, price undisclosed, as it narrows European operations to focus on head-up displays.
The Tokyo-listed asset manager confirmed its Six Senses Kyoto security-token offering and the underlying trust beneficiary interest transfer are complete, with revenue expected at 10% or more of last year's sales and profit at 30% or more of its five-year average, already built into next year's guidance.
Toyobo is transferring 297,000 square meters of land at its El Salvador unit IUSA, due to close at the end of November 2026, in two tranches through May 2027, booking gains as special items but withholding the sale price by agreement with the buyers.
Fuyo General Lease is paying ¥20.17bn for a 40% stake it must hold for years, funding Panasonic's complete exit from a trust-bank finance venture and cutting Sumitomo Mitsui Trust Bank's control from 85% to 45%.
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.
NEC agreed to skip SK-03's ¥1,650 tender offer for CE Holdings and wait for a cheaper company buyback, and that forced the bidder to lower its minimum acceptance threshold by 1.2mn shares to 3,768,300.
Baudroie corrected its MBO filing to show its ¥2,970 offer carries just a 3.81% premium to the pre-deal close, versus a 41.8% median premium in the 115 comparable Japanese buyouts the company cites to defend the price.
A 120,065-vote block, all of it currently with SON Financial, is due to move to Sony Music Entertainment on December 30, alongside a capital alliance that gives the buyer consent rights over GungHo's future share issuance.