Japan Stock IR Daily – June 08, 2026 (18 reports)

• Nakano Corporation released its financial results presentation for the fiscal year ended March 2026 (84th fiscal year).
• Consolidated overview shows total sales of ¥138.0 billion (up ¥27.5 billion, 24.9% YoY), operating profit of ¥5.3 billion (up ¥2.0 billion, 63.8% YoY), ordinary profit of ¥5.9 billion (up ¥2.2 billion, 61.0% YoY), and net profit attributable to parent company shareholders of ¥4.3 billion (up ¥1.4 billion, 51.0% YoY).
• According to segment information, construction business sales reached ¥136.5 billion (up ¥27.4 billion, 25.2% YoY), with the Southeast Asia construction business showing significant growth of 117.9% YoY to ¥61.0 billion.
• Consolidated order intake was ¥131.2 billion (down ¥11.6 billion, 8.1% YoY), with overseas construction orders decreasing by ¥19.3 billion to ¥44.7 billion.
• The carry-over construction balance for the next period was ¥148.3 billion (down ¥5.2 billion, 3.4% YoY).

The consolidated financial results for the fiscal year ended March 2026 show substantial increases across sales and various profit metrics, with the overseas construction business, particularly in Southeast Asia, being a key driver. However, the decrease in consolidated order intake and carry-over construction balance for the next period could influence future performance, warranting close monitoring. The progress of the medium-term management plan and the outlook for the next fiscal year will be significant indicators of the company’s future strategic direction.

• Galilei Co., Ltd. announced its consolidated financial results for the fiscal year ended March 2026, reporting net sales of ¥138.616 billion (up 6.1% year-on-year), consolidated operating profit of ¥17.078 billion (up 3.1% year-on-year), and net profit attributable to owners of parent of ¥12.197 billion (up 1.6% year-on-year).
• Both consolidated net sales and operating profit achieved growth for the fifth consecutive year.
• By segment, “Refrigerated Showcase Sales” recorded sales of ¥54.304 billion (up 3.9% year-on-year), setting a new record, driven by energy-saving renovation demand for supermarkets and drugstores.
• “Food Service Sales” reached ¥31.970 billion (up 5.3% year-on-year), benefiting from inbound demand in the restaurant industry and enhanced customer engagement.
• “Large Panel Refrigeration Equipment Sales” increased significantly to ¥18.302 billion (up 16% year-on-year), and “Small Panel Refrigeration Equipment Sales” to ¥9.481 billion (up 21.1% year-on-year).

Galilei’s FY2026/3 results show a continuation of robust business operations, with both sales and operating profit increasing for the fifth consecutive year. The strong performance in refrigerated showcase sales, driven by energy-saving renovation demand, coupled with the capture of inbound demand in food services and significant growth in panel refrigeration equipment, suggests the company’s strong foundational business. This consistent growth across key segments could be a point of interest for investors evaluating the company’s ongoing performance.

• G-Freakout announced that its major shareholder, Itochu Corporation, plans to sell a portion of its shares in the company through an “off-auction trade” mechanism.
• The sale is part of Itochu Corporation’s investment policy, with “off-auction trade” selected as the method to minimize market impact.
• Following this sale, the capital and business alliance between G-Freakout and Itochu Corporation will remain unchanged, confirming that the core of the alliance announced on December 17, 2018, is unaffected.
• Itochu Corporation has confirmed its intention to maintain its status as a major shareholder of G-Freakout after the partial share sale.
• The company states that this transaction will have no impact on G-Freakout’s current consolidated financial performance for the current fiscal year.

This announcement concerns a partial share sale by a major shareholder, Itochu Corporation. The explicit confirmation of the continuation of the capital and business alliance, along with Itochu maintaining its major shareholder status, may suggest stability in the partnership from an investor’s perspective. The use of an “off-auction trade” indicates a consideration to minimize potential market price fluctuations, and the company views it as contributing to improved market liquidity.

• Global X Office J-REIT ETF (Fund Name: Global X Office J-REIT ETF, Code: 2096) announced its financial results for the fiscal period ending April 2026 (October 25, 2025 – April 24, 2026).
• Net assets at the end of the current period amounted to JPY 611 million, an increase of approximately 4.3 times compared to JPY 139 million at the end of the previous period (October 2025).
• The proportion of main investment assets was 99.4% (JPY 607 million), maintaining a similar ratio to the previous period’s 99.7% (JPY 139 million).
• Outstanding units at the end of the current period rose significantly to 582 thousand units, up from 123 thousand units at the end of the previous period. Units created totaled 2,785 thousand, while units redeemed were 2,326 thousand.
• The net asset value per 100 units was JPY 105,014. The previous period’s NAV was JPY 113,230.
• A distribution of JPY 800 per 100 units was announced for the April 2026 fiscal period.

The Q4 2026 financial results for Global X Office J-REIT ETF indicate a substantial increase in net assets and outstanding units, which may suggest significant capital inflows into the fund. The consistent high proportion of main investment assets could imply that the ETF’s investment strategy remains largely unchanged. While the net asset value per 100 units decreased from the prior period, a distribution of JPY 800 per 100 units was declared, signaling a continued commitment to shareholder returns.

• HODL1 Co., Ltd. announced the signing of a basic agreement for a business alliance (MoU) with Startale Group Pte. Ltd. (Singapore, CEO: Sota Watanabe) concerning blockchain-related businesses on June 8, 2026, following a management meeting.
• HODL1’s business centers on long-term holding and development of Ethereum, while Startale specializes in Web3 technology and promotes the social implementation of blockchain-related technologies.
• The MoU outlines discussions and considerations for development support for blockchain-related products, development of related businesses including Japanese Yen stablecoins, customer acquisition, creation of use cases, and other mutually agreed individual projects.
• Startale Group’s main shareholders include its management, SBI Group, and Sony Group, and the company was established on January 3, 2023.
• This MoU does not currently have legal binding force and is expected to have a minor impact on HODL1’s financial performance, but it is considered to contribute to the company’s mid-to-long-term corporate value.

HODL1’s basic agreement with Startale Group, a key player in the Web3 domain, could be seen as a concrete step towards expanding its Ethereum-related businesses. The discussions on creating diverse use cases, including Japanese Yen stablecoins, may indicate potential future business opportunities. This alliance with Startale, backed by major entities like SBI and Sony Groups, has the potential to generate new synergies by leveraging respective technologies and networks.

• Miraial announced its consolidated financial results for the first quarter of the fiscal year ending January 2027 (February 1, 2026, to April 30, 2026).
• Consolidated net sales for the quarter were ¥3,925 million, representing a 26.4% increase compared to the same period last year.
• Consolidated operating profit reached ¥239 million (up 121.2% YoY), ordinary profit ¥258 million (up 119.0% YoY), and net profit attributable to owners of parent ¥193 million (up 87.2% YoY).
• By segment, the Plastic Molding Business reported sales of ¥3,558 million (up 21.9% YoY) and operating profit of ¥393 million (up 28.8% YoY). The Molding Machine Business achieved sales of ¥428 million (up 85.4% YoY) and operating profit of ¥46 million (compared to an operating loss of ¥23 million in the prior year).
• The consolidated earnings forecast for the full fiscal year ending January 2027 and the year-end dividend forecast are currently undecided due to difficulties in making reasonable calculations.

Miraial’s first-quarter results for FY2027 show significant year-on-year increases across key profit metrics. This performance appears to be driven by a recovery in demand within the semiconductor market, particularly in AI-related sectors, benefiting the Plastic Molding Business, and signs of demand recovery in the automotive industry for its Molding Machine Business. While the undecided full-year forecast introduces some uncertainty, the company’s ongoing investments in production capacity expansion and M&A activities under its Mid-Term Growth Strategy 2028 may be worth monitoring as indicators of future performance.

• Stream Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending January 2027 (February 1, 2026, to April 30, 2026).
• Consolidated net sales amounted to ¥8.259 billion, marking a 5.0% increase year-on-year.
• Operating profit reached ¥95 million, an increase of 181.8% compared to the same period last year.
• Ordinary profit was ¥95 million (up 197.8% YoY), and net income attributable to owners of parent was ¥61 million (up 210.2% YoY).
• Earnings per share (EPS) for the quarter stood at ¥2.21.
• The full-year consolidated earnings forecast (Net sales ¥33.881 billion, Operating profit ¥294 million, Ordinary profit ¥287 million, Net income attributable to owners of parent ¥192 million) remains unchanged from the most recently announced figures.

Stream’s Q1 FY2027 results show solid growth in net sales and significant increases across all profit metrics compared to the prior year. This performance appears to be driven by effective promotional strategies, strengthened procurement in the internet mail-order business, and the launch of new products. However, with the full-year forecast remaining unchanged, investors may monitor future quarters for further updates.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• Gakujo Co., Ltd. has announced its unaudited financial results for the second quarter (interim period) of the fiscal year ending October 2026.
• Interim sales reached ¥4.618 billion, marking a 5.8% increase compared to the same period last year.
• Operating profit was ¥345 million, a 25.8% decrease year-on-year. Ordinary profit decreased by 28.7% to ¥458 million, and interim net profit fell by 32.1% to ¥313 million.
• Interim basic earnings per share were ¥23.33 (compared to ¥33.85 in the prior interim period).
• The full-year forecast has been revised, anticipating sales of ¥12.0 billion (+8.9% YoY), operating profit of ¥2.6 billion (+11.4% YoY), ordinary profit of ¥2.8 billion (+5.5% YoY), and net profit of ¥2.0 billion (+5.7% YoY).

Gakujo’s Q2 FY2026 results show a sales increase but a decline in profits compared to the previous year. This performance may be attributed to an earlier shift in recruitment activities, leading to accelerated demand and revenue recognition shifting to the latter half of the fiscal year, alongside increased advertising, system investments, and rising procurement costs. The revised full-year forecast suggests the company anticipates a recovery in the second half, making it worthwhile to monitor the execution of its business strategies and market conditions.

• Kose RE Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending January 2027 (February 1, 2026 to April 30, 2026).
• Net sales amounted to JPY 1,755 million, an 81.7% increase compared to the same period of the previous year.
• Operating loss narrowed to JPY -35 million (from JPY -179 million in the prior year’s Q1).
• Ordinary income turned positive at JPY 8 million (compared to a loss of JPY -137 million in the prior year’s Q1).
• Net loss attributable to owners of parent also narrowed to JPY -1 million (from JPY -100 million in the prior year’s Q1).
• The family condominium sales segment reported sales of JPY 1,089 million (up 149.8% YoY) and a segment profit of JPY 64 million (compared to a segment loss of JPY -84 million in the prior year).
• The asset management type condominium sales segment recorded sales of JPY 478 million (up 44.4% YoY) and a segment profit of JPY 6 million (compared to a segment loss of JPY -23 million in the prior year).
• The full-year consolidated earnings forecast for the fiscal year ending January 2027 remains unchanged from the forecast announced on March 12, 2026.

The first quarter results show a significant increase in net sales and an improvement in both operating and ordinary income, primarily driven by a recovery in the family and asset management condominium sales segments. While the real estate rental management business faced a segment loss due to decreased managed units and increased depreciation, the overall reduction in losses and the return to ordinary income profitability are noteworthy. The unchanged full-year forecast may suggest that the company is progressing in line with its initial plans despite the mixed segment performance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• G-Batons Co., Ltd. announced a partial correction to its “Financial Results for the Fiscal Year Ended March 31, 2026 (Non-consolidated)” on June 8, 2026.
• The reason for the correction was an error found in the number of shares underlying stock acquisition rights, which were not included in the calculation of diluted earnings per share, as stated in the “Notes to Per Share Information” of the financial results released on May 15, 2026.
• There are no changes to the numerical data, including net income, net income attributable to common shareholders, and average number of shares outstanding during the period.
• Prior to the correction, the number of shares underlying stock acquisition rights without dilutive effect for the fiscal year ended March 2026 was stated as “842,400 shares”.
• After the correction, this figure for the fiscal year ended March 2026 is “836,000 shares”.

This correction primarily addresses a technical detail regarding the basis for per-share information, indicating that the company’s financial performance figures remain unchanged. While an error was identified in the description of potential shares, its impact on the reported financial results appears to be limited. Investors may wish to note that the core financial metrics previously disclosed have not been altered by this announcement.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• San-oh Industrial Co., Ltd. held an earnings briefing for institutional investors and analysts on May 28, 2026, for the fiscal year ended March 2026, and disclosed its overview and Q&A content.
• The variance from the initial plan for the previous fiscal year was mainly due to varying demand trends by region and unexpected cost incurrence, with profit deterioration in North and South America being the primary driver.
• For the fiscal year ending March 2027 (current fiscal year), the impact of US tariff measures in North and South America is expected to be largely neutral due to progress in price transfer negotiations.
• The new data center business is in the transition phase from prototyping and evaluation to mass production, with limited contribution to current fiscal year performance.
• The full-year earnings forecast for the current fiscal year does not currently incorporate any decrease in production volumes due to the situation in the Middle East.
• Current fiscal year’s net sales are projected to increase by JPY 7.6 billion year-on-year, and operating income by JPY 1.4 billion, with the increase in operating income attributed to the resolution of tariff impacts and the cessation of unusual costs in Mexico.

The earnings briefing from San-oh Industrial provided clear insights into the factors that led to the previous fiscal year’s underperformance and the concrete measures being taken for profit improvement in the current fiscal year. The progress in structural reforms in North and South America, the advancement of price transfers for US tariff measures, and the transition of the new data center business to a mass production phase could be key focal points for future corporate value enhancement. The management’s strategy of pursuing both existing business profitability improvement and new business creation is worth monitoring for tangible results.

• G-TDSE announced on June 8, 2026, the release of the full script (including Q&A) from its earnings briefing for the fiscal year ended March 2026 and its new mid-term management plan “SHIFT2028”.
• The briefing was held on June 3, 2026, from 15:30 to 16:45, with explanations provided by Representative Director and President Naoki Higaki, Director Seiichi Ikeno (Head of Sales), and Director Kohei Kessoku (Head of Technology).
• For the fiscal year ended March 2026, net sales reached 3,005 million yen (over 10% increase year-on-year) and operating income was 214 million yen (exceeding the previous year), marking the highest sales since the company’s establishment.
• Segment revenues were: Consulting Business 2,280 million yen (99% YoY), Product Business 410 million yen (122% YoY), and AI Agent Business 310 million yen (443% YoY).
• The new mid-term management plan “SHIFT2028” outlines three core strategies: shifting the growth axis from conventional AI to Generative AI, transforming the revenue structure from flow to stock type, and reorganizing the execution system from dispersed to consolidated and integrated.
• New Key Performance Indicators (KPIs) have been set: the ratio of Generative AI/Agent sales and the ratio of recurring (stock-type) sales.

The release of G-TDSE’s earnings briefing script allows investors to review the specific financial results for the fiscal year ended March 2026 and the details of the new “SHIFT2028” mid-term plan. The significant growth in the Generative AI and AI Agent businesses, coupled with a strong commitment to transforming the business structure around these areas, suggests a potential shift in future profitability and business stability. The introduction of new KPIs for Generative AI and recurring revenue will be important metrics for monitoring the plan’s execution.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• Oie Sangyo Co., Ltd. resolved to absorb its wholly-owned subsidiary, Well You Food Co., Ltd., through an absorption-type merger at its board of directors meeting held on June 8, 2026.
• The effective date of the merger is scheduled for August 31, 2026.
• The merger will be conducted as a simple merger for Oie Sangyo and a short-form merger for Well You Food, as stipulated by the Companies Act, and will proceed without shareholder approval from either company.
• Oie Sangyo will be the surviving company, and Well You Food Co., Ltd. will be dissolved.
• As Oie Sangyo owns 100% of Well You Food’s outstanding shares, no new shares will be issued, nor will any cash or other assets be delivered in connection with the merger.

This merger aims to optimize management resources and enhance operational efficiency within group companies operating in the same business sector. By consolidating businesses conducted in the same area, it is expected to strengthen the sales foundation and further improve management efficiency. As this is an absorption-type merger of a wholly-owned subsidiary, the impact on consolidated performance is stated to be minor, but the long-term progression of business synergies could be worth monitoring.

• Hagihara Industries reported consolidated net sales of ¥15,721 million for the second quarter (interim period) of the fiscal year ending October 2026, marking a 4.1% decrease compared to the same period last year.
• Operating profit increased by 1.7% year-on-year to ¥914 million, and ordinary profit rose by 17.5% year-on-year to ¥1,143 million.
• Net profit attributable to owners of parent decreased by 35.9% year-on-year to ¥776 million, primarily due to the recording of ¥800 million in subsidies as extraordinary income for the Kasaoka factory construction in the prior interim consolidated accounting period.
• The full-year consolidated performance forecast remains unchanged, projecting net sales of ¥35,000 million (+9.6% YoY), operating profit of ¥2,100 million (+43.1% YoY), ordinary profit of ¥2,200 million (+21.1% YoY), and net profit attributable to owners of parent of ¥1,500 million (-16.4% YoY).
• The year-end dividend forecast is ¥40, with a total annual dividend forecast of ¥75, and no revisions have been made from the most recently announced dividend forecast.

Hagihara Industries’ Q2 FY2026 results show a notable increase in operating and ordinary profits despite a decline in sales, which may suggest improved operational efficiency or profit margins. The significant decrease in net profit attributable to owners of parent should be viewed in the context of the one-off subsidy recorded in the previous period, which distorts a direct year-on-year comparison. The unchanged full-year forecast indicates management’s confidence in achieving its annual targets, potentially anticipating stronger performance in the second half of the fiscal year.

• G-cotta Co., Ltd. resolved to change its shareholder benefit program at a board meeting held on June 8, 2026.
• The reasons for the change include preventing unintended use such as resales and listing of discount codes on flea market apps, as well as enhancing investment attractiveness and improving shareholder convenience and satisfaction.
• The revised program includes a 10,000 yen digital gift for shareholders holding 1,000 shares or more, in addition to discounts on the company’s e-commerce site.
• Discount rates, annual usage limits, and usage frequencies have been revised, introducing varying discount rates based on holding period and unlimited usage for certain shareholding tiers.
• The new program will apply to shareholders listed in the shareholder register as of September 30, 2026, while the current benefits based on the September 30, 2025 record date will remain valid until December 31, 2026.

This change in the shareholder benefit program appears to address specific challenges, such as resales, while simultaneously aiming to enhance shareholder value. The introduction of digital gifts could suggest an effort to reduce the administrative burden of physical gifts and improve convenience for shareholders. Furthermore, the differentiated benefits based on shareholding size and tenure may indicate a strategy to attract and retain long-term, stable shareholders. Investors may wish to monitor how these changes could influence the company’s shareholder base and perceived investment attractiveness.

• Estelle Holdings Co., Ltd. announced a partial correction to its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 [Japanese GAAP]” originally disclosed on May 15, 2026.
• The reason for the correction was the discovery of inter-account errors during the preparation of the consolidated cash flow statement.
• For the fiscal year ended March 2026, “Cash flows from operating activities” were revised from the original ¥1,019 million to ¥1,826 million.
• “Cash flows from investing activities” for the same period were revised from the original △¥378 million to △¥1,184 million.
• “Cash flows from financing activities” and “Cash and cash equivalents at end of period” remain unchanged from the original disclosure.

This correction primarily concerns inter-account errors within the consolidated cash flow statement, impacting both operating and investing cash flow figures. However, the year-end cash and cash equivalents balance remains unaffected, suggesting no material change to the company’s overall liquidity position. For investors, the updated figures provide a more accurate representation of the company’s cash movements, which can be a key factor in assessing financial health and operational efficiency.

• All About Co., Ltd. announced the financial results for its non-listed parent company, Nippon Television Network Corporation, for the fiscal year ending March 2026 (April 1, 2025, to March 31, 2026).
• The parent company’s name is Nippon Television Network Corporation, located at 1-6-1 Higashi-Shimbashi, Minato-ku, Tokyo.
• Its business activities include key broadcasting business and general broadcasting business under the Broadcast Act, media business, and other broadcasting-related businesses.
• The stated capital is 6,000 million JPY.
• As of March 31, 2026, the sole major shareholder of the parent company is Nippon Television Holdings, Inc., holding all 20,000 shares (100.00% ownership) of the issued shares.
• The parent company’s board comprises 22 male officers and 2 female officers, with women representing 8.33% of the board.

All About’s disclosure of its non-listed parent company’s financial information enhances transparency for investors, offering insights into the broader corporate group structure. Understanding the parent company’s profile, including its business and major shareholders, may provide context for All About’s strategic direction and operational environment. The 100% ownership by Nippon Television Holdings, Inc. suggests a tightly integrated group structure, which could imply strong synergistic potential or a clear chain of command within the conglomerate.

• Achilles Corporation has released its earnings presentation materials for the fiscal year ended March 2026.
• For FY2026/3, the company implemented a “selection and concentration” strategy, driven by business reorganization, which saw growth businesses leading performance.
• The operating profit margin significantly improved, and the company exceeded its upwardly revised forecast for the period.
• High-value-added sectors, specifically medical-use films and semiconductor-related materials, demonstrated robust growth.
• Structural reforms in the shoe business are steadily progressing, and the mid-term management plan (FY2025-FY2027) is reported to be on track.

Achilles’ IR release suggests that its business reorganization and “selection and concentration” strategy have contributed to improved performance, particularly through growth in high-value-added sectors. The company’s ability to drive performance through growth businesses and achieve a significant improvement in operating profit margin could indicate potential for future profitability enhancements. Furthermore, the steady progress of the mid-term management plan is a key aspect for investors to monitor regarding the execution of corporate strategy.