Mergers, tender offers, buyouts and asset sales involving Japanese companies, in English.
Resonac will distribute shares in its petrochemicals subsidiary directly to its own shareholders on a one-for-one basis, a ¥37.8bn book-value dividend that drops its stake below 20% and pulls the unit out of its consolidated results, assuming Tokyo Stock Exchange approves the listing planned for September 29 ahead of the October 1 distribution.
Japan Display finished handing over its shuttered Tottori factory more than a month ahead of schedule and expects to book a roughly ¥500mn gain in the half-year results to September 2026, while moving its automotive-display R&D staff to a new local office a month later.
Arealink bought every tendered share and warrant in its bid for Storage-Oh, pushing its voting stake to 84.14% and clearing the way for a parent-company change on August 28.
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.
Regulatory clearances are done for Apollo's ¥165.0bn recapitalization of Nippon Sheet Glass, and the company now has a dated sequence: payment on August 31, delisting on September 28, and a share consolidation on September 30 that leaves the Apollo-backed vehicle as sole shareholder.
The tendering pact between Oasis Management and Bain Capital's Kakaku.com bidding vehicle expired on 20 August, but Oasis says it won't tender into the rival's ¥3,570 offer unless it rises to ¥3,640 a share, a floor that keeps the vehicle's KDDI-contingent offer competitive ahead of the rival tender's close on 27 August.
Topy Industries has lined up a new, unnamed Chinese buyer for its loss-making Guangzhou wheel subsidiary after the first buyer breached the sale contract in February 2026, with the share transfer planned for September 30, 2026.
Mitsubishi Electric will pay a base $1.4bn for Oklahoma-based PCI Energy Solutions, whose trading and dispatch platforms already sit behind three-fifths of US power output, as the company chases a ¥200bn smart-energy revenue target by fiscal 2030.
Metaplanet's board wants to hand over 2,100 Bitcoin and $2.5 million in cash for 95.7% of the votes in Nasdaq's Super League Enterprise, which would be renamed Superplanet and pivot into a bitcoin treasury business once SLE shareholders sign off, expected in the final quarter of 2026.
Kajima Corporation is paying ¥2.71bn for EJ Holdings' entire 35.61% voting stake in a Kyoto tunnel-measurement affiliate, aiming to pair its automated construction technology with the target's tunnel-monitoring software for a push into domestic and overseas markets.
Baudroie's board has cancelled its planned ¥10.10 year-end dividend for the year to February 2027, contingent on Bain Capital's ¥2,970-a-share tender offer, which runs through October 5, to take the Tokyo Prime IT firm private, with founder-executives selling their 54.65% stake at a discounted ¥2,350 a share to stay on and roll over into the new owner.
Sanden expects to book an estimated ¥3.3bn gain after agreeing to sell its Gunma production plant to a J-REIT for ¥8.0bn, with a 15-year leaseback signed to keep the compressor line running.
Nomura Real Estate Master Fund is paying ¥8.7bn, cash, for an 87-room Akasaka hotel appraised at ¥10.93bn, with rent tied entirely to the operator's gross operating profit in a property where 95% of guests already come from abroad.
A shareholders' agreement giving ReYuu Japan board-appointment rights turns its 49% purchase of a cybersecurity target into full consolidation for ¥258.9mn, betting on cross-selling cybersecurity to its refurbished-device customers.
A ¥63bn bank loan helped Ursa 4 push its stake in J.S.B. to 96.40%, and it has now set September 4 as the date to force out the company's remaining shareholders and warrant holders.
Sanden is selling its Gunma manufacturing complex to Industrial & Infrastructure Fund for ¥8.0bn, nearly double book value, and booking a roughly ¥3.3bn gain while signing a 15-year leaseback to keep the plant running.
Oki Electric will transfer its ATM and automated-equipment business into Hitachi Channel Solutions for newly issued shares plus a cash-funded top-up, reaching a 60% stake from October 1, 2026, while the profit impact for the year after next stays under review.
Faster regulatory approvals let Mitsui Chemicals finish buying Ultradent Products a month ahead of plan on August 14, and the company is relocating global headquarters functions for its oral-care business from Japan to the new US holding company, with the earnings impact still under review.
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.
Kamgras 1 has lifted its take-private bid for Kakaku.com to ¥3,570 a share, the second price increase since the ¥3,000 opener in May, and pushed the deadline to August 27; Digital Garage and KDDI are declining to tender, choosing instead a post-squeeze-out buyback, with Digital Garage alone planning to reinvest part of its proceeds into a stake in the buyer's parent.
Kamgras 1, the vehicle bidding to take Kakaku.com private, raised its tender offer to ¥3,570 a share on August 13, its second increase since May, after funds advised by Bain Capital and LINE Yahoo offered as much as ¥3,640.
Kamgras 1 has lifted its Kakaku.com tender offer to ¥3,570 a share for the second time this month and pushed the deadline to August 27, arguing a KDDI lock-up makes rival Bain Capital and LINE Yahoo's proposal undeliverable at its stated price.
WOWOW and NTT Docomo signed the absorption-split contract on August 12 that will fold Docomo's Lemino streaming business into a joint venture 51% owned by WOWOW, with the split, share transfer and commercial launch all targeted for October 1; WOWOW says the earnings impact for the year to March 2027 is still under review.
The Tokyo HR-software group is spending ¥1.09bn for control of loss-making DE&I and wellbeing SaaS provider Cradle, and separately committing up to ¥1bn to a share buyback through the end of September, both approved at the same August 12 board meeting.