Mergers, tender offers, buyouts and asset sales involving Japanese companies, in English.
TSI Holdings has locked in a binding deal for 87.7% of textile maker Toyo Enterprise plus all of its trading arm, which owns the rest, but the purchase price stays secret because the sellers are individuals, not a company.
The Development Bank of Japan is funding Qantas Group's full exit from Jetstar Japan's shareholder register, and the budget carrier will retire the Jetstar name by June 2027 while Japan Airlines' own stake stays untouched.
Medipal's ¥6,650-a-share tender for PALTAC drew nearly three times the shares it needed, taking its stake to 92.64% and opening the door to a squeeze-out that will delist the wholesaler from the Tokyo Stock Exchange's Prime Market.
A ¥3,232-a-share rival proposal pushed Kakaku.com's board off its recommendation to tender into EQT's ¥3,000 buyout, and a Bain Capital vehicle is now lining up its own offer with 19.52% of the company already committed to tender.
Littlepond Inc., which holds 31% of Oricon on behalf of the ratings group's founder, will not sell into Media Co.'s tender offer; instead it plans to convert deferred buyback proceeds into equity of the bidder's parent, while founder Koh Koike tenders his own smaller personal stake in full.
A ¥900mn, self-funded share purchase priced at ¥20 apiece hands Convano a controlling 68.90% stake in Growth Market-listed Axel Mark, with an explicit mandate to build up the target's healthcare business.
The number: 17.8% of Nippon Sheet Glass, 25.3 million shares, is now locked into a vote for a third-party share allotment and consolidation that would make Lumina Japan Acquisition the sole owner, with the pledge running through DBJ Corporate Mezzanine Partners' two mezzanine funds.
Kamgras 1 K.K. needs just 34.9mn Kakaku.com shares tendered, a floor stake of 17.51%, to complete its go-private bid before the offer closes July 16; there is no cap on how much more it can buy.
The catch: minority holders in the nursing-care operator get exactly ¥1,119 a share, matching MBK Partners' spring tender price, before Solasto disappears from Tokyo's Prime market on August 6, 2026.
Sapporo Breweries is buying 25% of a new Singapore joint venture holding Carlsberg's business across six Asian markets, and betting the deal can grow its premium beer's regional sales roughly tenfold by 2035.
The move: Muninoba’s tender offer succeeded and Aiful is handing over its 6,408,000-share block on July 9, giving the buyer 77.67 per cent of Anshin Guarantor Service’s voting rights. The catch: that is still below 90 per cent, so the final squeeze-out and delisting steps now run through an early-September extraordinary meeting.
The move: Kamgras 1 kept its ¥3,000-a-share offer intact but extended the acceptance period, delaying the expected shareholder meeting and shifting the squeeze-out phase into early October.
The catch: every remaining step in Joyful Honda and Arclands’ planned integration is now undecided after accounting concerns at Pets First Holdings forced an outside-led probe and a fresh review of the March 2027 target.
Kamgras 1's offer can buy unlimited shares at ¥3,000 each, but the filing says it only needs 34,941,000 shares to clear its minimum condition, equal to a 17.51% post-purchase ownership ratio including special related parties.
A roughly ¥20bn off-market block trade tied to a capital and business alliance gives TBS an 8.03% stake in U-NEXT, while Yasuhide Uno and UNO-HOLDINGS remain just above the majority line at 50.59%.
The move: Towa plans to buy Tanabe Pharma Factory outright, start transferring 35 manufacturing and marketing approvals from April 2027 onward and use the added capacity to target 24bn tablets by 2030 and more than 30bn by 2036.
A possible take-private of Dentsu Soken is under consideration inside Dentsu Group's domestic strategy, but the company says the Nikkei report was not its announcement and no concrete decision has been made.
Speee will move its Reform DX business into new subsidiary ReFact on August 1, then sell SOMPO Holdings 39.3 per cent in September, turning a repair-referral partnership into an insurer-backed venture it still controls.
Bain Capital and LINE Yahoo's binding ¥3,384-a-share proposal, with a possible ¥3,500 price if a KDDI structure is agreed, prompted Kakaku.com to drop its tender recommendation while Kamgras keeps its existing ¥3,000 offer open until July 16.
Renesas says the disposal, agreed in February and expected to close by the end of 2026, will significantly affect its financial position, results and cash flow, though the filing excerpt gives no price or quantified effect.
The move: Funai Soken will place 2.196mn treasury shares with Tokio Marine at ¥1,067 apiece, accepting 2.20% dilution to fund working capital and deepen a capital-and-business alliance aimed at SME consulting and risk management.
The move: ASTI will sell its wholly owned Zhejiang manufacturing subsidiary, a maker of wire harnesses and ECUs, after saying slower Chinese growth and stronger domestic rivals made the unit a worse use of management resources.
The share exchange took effect on July 1, giving Pan Pacific International Holdings full control of Olympic Group, but the company says the effect on future consolidated earnings is still being examined.
The catch: JALCO is using a one-year 3 per cent bond fully taken by a company owned by its chief executive to fund part of a 24.5 per cent stake in six grid battery sites, while the actual purchase price and near-term earnings impact remain undisclosed.