Mergers, tender offers, buyouts and asset sales involving Japanese companies, in English.
Shinto Paint shareholders vote on 15 January 2027 on a deal giving them 0.0824 Dai Nippon Toryo shares for each Shinto share held, with delisting planned for 22 February and neither company having obtained a fairness opinion from its valuer.
ENECHANGE will sell the loss-making part of its household switching business to Port for ¥200mn on December 1, keeping the stock revenue, after completing the ¥575.6mn Darwin purchase that left ¥559.7mn of goodwill.
SoftBank Group says it confirmed on 4 November that China's foreign investment security review office had notified it of a prohibition on acquiring ABB's Chinese robotics business; it says it is still working with ABB.
Seed's remaining minority shareholders face a December 2 vote on a share consolidation that would cash them out at ¥795 a share, leaving Luxshare Precision Cayman and the largest shareholder as owners, with payment targeted for late April 2027.
An unnamed private equity fund has told Sankei Real Estate Investment Corporation it is weighing a tender offer at least 5% above the ¥125,000-per-unit bid, with a binding proposal possible from late November once due diligence and financing talks are complete and its investment committee approves.
A Nisshinbo Holdings group company has signed to take over Panasonic Connect's dam, irrigation and flood-warning telemetry businesses for municipalities and power utilities, with closing planned for 1 April 2027 pending approvals and the price undisclosed.
Mitsui Chemicals said it is studying various options to raise corporate value, including the reported JSR acquisition, but that nothing has been decided and the press reports did not come from the company.
Japan Post Bank has agreed to buy 51,489,700 Matsui Securities shares from the founding family's holding company, becoming largest shareholder on a planned December 28 closing, with a right to nominate one non-executive director and a referral route to its roughly 120 million accounts.
ANZCO, Itoham Yonekyu's New Zealand unit, completed its Greenlea purchase on September 30 at a provisional ¥71.1bn, adding ¥57.3bn of provisional goodwill and lifting short-term borrowing while the equity ratio fell to 47.9%.
Takara Bio resolved to conclude a basic agreement dated November 2 to transfer its GMP cell-processing contract business to S-RACMO, with a definitive split contract scheduled for November 16 and an effective date of January 1, 2027; the price is undisclosed.
Obayashi completed its purchase of BCI UK Holdings on October 30, bringing 11 Multiplex group companies in Australia, the UK and Canada under its ownership; the filing gives no purchase price.
Nippon Shokubai closed its ¥20bn purchase of all shares in an Uji-based specialty chemicals maker with resist and insulating-protection materials for semiconductors, and expects only a minor effect on results for the year ending March 2027.
Tenders of shares and options, equal to 207,044,870 shares, cleared the 158,716,000-share minimum, so K891, Inc. will buy all of them and, once settlement starts on November 9, become Leopalace21's parent with 63.35% of voting rights.
BP p.l.c. is no longer BP Castrol K.K.'s parent after the Stonepeak sale closed on October 30, though the Tokyo-listed unit's indirect 64.9% voting-rights block is unchanged and bp-brand sales are set to continue.
Baby Calendar has bought all 9,910 shares of Orange Page from JR East for ¥500mn before advisory costs, and will switch to consolidated accounts with its results for the year ending December 2026.
Accenture's Japanese unit offers ¥8,500 a share for Global Security Experts, but holders of 59.83% will not tender and will sell to the company after a squeeze-out at ¥5,835 and ¥6,918.
Tamura has finished buying 80% of EMG Power Electric and will make the Italian maker its hub for medium-voltage dry transformers, with EMG's earnings consolidated from the fourth quarter of the year ending March 2027.
Mitsubishi Logistics agreed to buy all of Hankyu Hanshin Express for ¥120.11bn, about ¥121.337bn with fees, adding an air and sea freight network that includes Asia; closing needs approvals and is targeted for the fourth quarter of fiscal 2026.
ITG-G Holdings has lengthened its ¥2,514-a-share offer for Kadoya Sesame Mills to November 13 after a proposal from an unnamed bidder, while higher ¥2,644 and ¥2,620 prices depend on deals with Mitsubishi and Mitsui & Co.
AVI has agreed to tender its 40.00% stake in Broadmedia into NSSK-EPSILON1's ¥2,500 offer, but can hold back if a rival's qualifying bid tops the price by at least 4% and is not matched after AVI asks for talks.
Shiga Bank will lift its stake in Senshu Ikeda Holdings to 11.81% of voting rights with a roughly ¥36.6bn purchase on October 30, a day after both banks agreed to work toward a share exchange targeted for April 2028.
Kamgras 1 added ¥1 to its Kakaku.com tender offer and extended it to Nov 12, while the Bain Capital and LINE Yahoo ¥3,700 proposal remains unlaunched and the board's support for Kamgras 1 is unchanged.
A binding rival proposal for Kadoya Sesame Mills runs from ¥2,654 to ¥3,000 a share against ITG-G's ¥2,514, with the top price tied to non-tender deals with major shareholders, and ITG-G has extended its offer to November 13.
ANA Holdings and RegionalPlus Wings, the parent of AIRDO, signed a largely non-binding agreement toward a share exchange planned for April 2027, with the exchange ratio to be decided by the signing of a final contract planned for late December.