Japan Stock IR Daily – June 29, 2026 (29 reports)

• Saijo Co., Ltd. (Code: 591A) was listed on the Tokyo Stock Exchange TOKYO PRO Market on June 29, 2026.
• The consolidated earnings forecast for the fiscal year ending August 2026 projects net sales of ¥14,729 million (up 2.0% YoY), operating income of ¥144 million (up 74.4% YoY), ordinary income of ¥186 million (up 9.1% YoY), and net income of ¥120 million (up 342.9% YoY).
• The forecast for the fiscal year ending August 2026 includes an EPS of ¥21.32 and a dividend per share of ¥3.50.
• For the interim period of FY2026 (September 1, 2025 – February 28, 2026), net sales were ¥7,173 million, operating income was ¥79 million, ordinary income was ¥121 million, and interim net income was ¥77 million.
• Key assumptions for the earnings forecast include the contribution of increased sales and gross profit from the food products division to overall performance, and an anticipated loss on sale of land amounting to ¥32 million.

The listing on TOKYO PRO Market could provide Saijo Co., Ltd. with enhanced access to capital markets and increased corporate visibility. The significant projected increase in net income for FY2026, driven by a strong performance in the food products division and improved operating income, is a notable aspect for investors. However, the company’s ability to maintain profitability amidst rising prices and increasing costs remains a factor worth monitoring.

• Jelly Beans Group announced the full-scale launch of “STADIUM AI (JELLY BEANS AI SOLUTION),” an AI camera-powered sports video distribution and sports DX solution, based on its business alliance with NTTSportict, as disclosed on January 23, 2026.
• The service will be operated by Jelly Beans Marketing Lab, a consolidated subsidiary of Jelly Beans Group, in partnership with NTTSportict.
• “STADIUM AI” utilizes AI cameras on NTTSportict’s sports video platform to enable unmanned, low-cost sports video recording, distribution, and analysis, supporting 16 sports including soccer and basketball.
• This service is positioned as part of the company’s “JELLY BEANS AI SOLUTION” suite of AI-related services, aiming to create new value in the sports, entertainment, and regional DX sectors centered on edge AI and generative AI.
• The revenue model consists of four pillars: “Equipment Introduction/Operation Revenue,” “Advertising/Sponsor Matching Revenue,” “Solution Horizontal Expansion Revenue,” and “Facility Permanent Installation Model Revenue.”

The full-scale launch of “STADIUM AI” by G-Jelly Beans could signify a significant move into the sports DX sector. The OEM model, combining NTTSportict’s technology infrastructure with G-Jelly Beans’ sales and branding capabilities, may be a strategy to explore business expansion opportunities. The diversified revenue model structure also suggests an aim for stable business growth.

• Mizuho Financial Group, Inc. announced its consolidated financial results (U.S. GAAP) for the fiscal year ended March 2026 on June 29, 2026.
• For the fiscal year ended March 2026, total revenue reached ¥8,794,482 million (compared to ¥8,169,889 million in the prior fiscal year).
• Net income attributable to owners of the parent was ¥1,158,031 million (compared to ¥593,393 million in the prior fiscal year).
• Basic net income per common share attributable to owners of the parent was ¥466.16 (compared to ¥234.55 in the prior fiscal year), and diluted net income per common share attributable to owners of the parent was ¥466.09 (compared to ¥234.52 in the prior fiscal year).
• As of March 31, 2026, total assets were ¥294,895,707 million (compared to ¥276,741,152 million as of March 31, 2025), and total equity attributable to owners of the parent was ¥10,859,633 million (compared to ¥10,065,015 million as of March 31, 2025).

Mizuho Financial Group’s fiscal year 2026 results show a significant increase in total revenue and net income attributable to owners of the parent compared to the previous year, with a substantial improvement in earnings per share. This could suggest positive performance across their operations, potentially influenced by changes in the interest rate environment or shifts in business segments. Investors may want to consider these results in the context of the company’s long-term strategy and the broader financial landscape to assess future prospects.

• Ota Floriculture Auction Co., Ltd. announced the financial results for its unlisted parent company, Omori Engei Holdings Co., Ltd., for the fiscal year ended March 2026 (April 1, 2025, to March 31, 2026).
• As of March 31, 2026, Omori Engei Holdings’ balance sheet showed total current assets of 1,396,565 thousand yen, total non-current assets of 36,779 thousand yen, and total assets of 1,433,345 thousand yen.
• Current assets include cash and deposits of 44,241 thousand yen and marketable securities of 1,352,323 thousand yen.
• For the fiscal year ended March 2026, the income statement reported dividend income of 19,524 thousand yen, operating income of 15,855 thousand yen, and net income of 5,398 thousand yen.
• Mr. Takao Isomura serves as the Representative Director of Omori Engei Holdings and also holds a director position at Ota Floriculture Auction. Mr. Isomura owns 200 shares, representing 100.00% of Omori Engei Holdings’ outstanding shares.

The disclosure of financial results for an unlisted parent company provides insights into the broader financial health of the corporate group to which a listed company belongs. Omori Engei Holdings, classified as an “other affiliate” with a 31.98% voting rights stake in Ota Floriculture Auction, primarily engages in “management and operation of marketable securities.” This information may offer clarity on the parent company’s asset composition and sources of revenue for investors.

• Akatsuki Iijima Industry Co., Ltd. resolved to revise its dividend forecast (increase) per share at the Board of Directors meeting held on June 26, 2026.
• The revised year-end dividend forecast for the fiscal year ending August 2026 is ¥135.00 per share.
• This represents an increase of ¥40.00 from the previous forecast of ¥95.00 (ordinary dividend ¥95.00) announced on October 10, 2025.
• The revised dividend forecast comprises an ordinary dividend of ¥95.00 and a special dividend of ¥40.00.
• The reasons for the dividend increase include sales exceeding initial expectations and improved construction profit margins due to thorough cost management.

Akatsuki Iijima’s upward revision of its dividend forecast, including a special dividend, suggests the company’s commitment to returning profits to shareholders. The company attributes this increase to robust sales performance and enhanced profit margins through diligent cost management. This move could be interpreted as an indication of better-than-expected business results.

• HORII FOOD SERVICE Co., Ltd. announced on June 29, 2026, an upward revision to its consolidated earnings forecast for the second quarter (interim) of the fiscal year ending November 2026.
• The revised consolidated earnings forecast for the second quarter is sales of 3,056 million yen (up 9.7% from the previous forecast), operating profit of 345 million yen (up 36.9%), ordinary profit of 340 million yen (up 40.5%), and net profit attributable to parent company shareholders of 286 million yen (up 18.2%).
• Reasons for the upward revision include stronger-than-expected bookings during peak seasons (including December and January), enhanced operational efficiency through DX promotion, strong performance of new inbound-focused formats, new stores, and revamped existing stores, and optimized costs in response to rising raw material prices.
• The company stated that the consolidated full-year earnings forecast for the fiscal year ending November 2026 remains unchanged at this point.
• The decision to keep the full-year forecast unchanged is attributed to the potential for strategic investments in human resources and new store openings for future growth, despite solid existing store performance, and the integration of Sushi Masu Shokuhin Co., Ltd., acquired in June, into consolidated financial statements.

This upward revision primarily suggests that strong holiday bookings, efficiency gains from DX promotion, and successful new business formats contributed to profit growth. However, the decision to maintain the full-year forecast might be influenced by strategic investments for future growth and structural changes due to M&A activities. Given the announced strong progress rate in the first half, investors may find it noteworthy to monitor the company’s performance in the second half and any potential future revisions to the full-year forecast.

• SMDAM Active ETF Japan High Dividend Stocks (Code: 2011) announced its financial results for the fiscal year ended May 2026 (November 21, 2025 – May 20, 2026).
• Net assets at the end of the May 2026 period were ¥2,786 million, an increase from ¥2,321 million at the end of the November 2025 period. Major investment assets in stocks amounted to ¥2,769 million (99.4% composition ratio).
• The 100-share net asset value (NAV) at the end of the period was ¥79,157, up from ¥69,919 at the end of the November 2025 period.
• The dividend per 100 shares for the May 2026 period was announced as ¥1,130, representing an increase compared to ¥1,030 in the November 2025 period.
• The number of outstanding units at the end of the current accounting period was 3,520 thousand units, an increase of 200 thousand units from 3,320 thousand units at the end of the previous accounting period.

SMDAM Active ETF Japan High Dividend Stocks demonstrated an increase in net assets and NAV for the fiscal year ended May 2026. This performance may suggest positive valuation changes in its primary stock investments and an increase in outstanding units. The fund also raised its dividend from the previous period, which could be a notable point for investors seeking high-dividend exposure.

• G-Ureru Net G has released supplementary explanation materials regarding the acquisition of e-commerce company Kokusaikanpo Kenkyusho Co., Ltd. as a subsidiary.
• Kokusaikanpo Kenkyusho specializes in “Biro Senju,” a health beverage made from natural herbal ingredients, and operates an integrated manufacturing system at its own factory with a referral sales model through a network of approximately 80,000 members.
• “Biro Senju” has sold over 90 million units since its launch in 1992 and maintains stable monthly sales of approximately 70,000 units.
• Post-acquisition, Kokusaikanpo Kenkyusho’s revenues are projected to range from approximately JPY 460 million to JPY 490 million in sales, and JPY 23 million to JPY 31 million in operating profit, for the fiscal years ending August 2023 to August 2025.
• The M&A aims to generate synergies including new customer acquisition through D2C marketing, expansion into global markets via cross-border EC networks, and maximization of customer lifetime value (LTV) through enhanced call center utilization and CRM.

The acquisition of Kokusaikanpo Kenkyusho appears to integrate a stable revenue-generating EC business into the G-Ureru Net G group, potentially contributing to overall revenue stability. The application of G-Ureru Net G’s D2C marketing expertise to “Biro Senju,” a product with a long track record and scientific evidence, could expand its customer base beyond existing demographics. Furthermore, initiatives such as cross-border EC expansion and advanced CRM to maximize LTV may lead to improved profitability, and the trajectory of this growth strategy within the group’s future management warrants monitoring.

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

• Keyware Solutions Co., Ltd. announced the finalized financial results of HBA Co., Ltd., its non-listed “other affiliate,” for the fiscal year ended March 2026 (April 1, 2025 – March 31, 2026).
• As of March 31, 2026, HBA Co., Ltd. has a capital of ¥324 million. Its business activities include system integration services, cloud services, software development, and outsourcing services.
• For the fiscal year ended March 2026, HBA Co., Ltd. reported net sales of ¥27,807,447 thousand, operating income of ¥2,094,963 thousand, ordinary income of ¥2,187,607 thousand, and net income of ¥1,461,987 thousand.
• As of March 31, 2026, HBA’s balance sheet shows total assets of ¥28,314,289 thousand, total liabilities of ¥11,855,732 thousand, and total net assets of ¥16,458,557 thousand.
• Keyware Solutions Co., Ltd. holds a 16.57% voting rights ownership in HBA Co., Ltd. Major shareholders also include NEC Corporation (35.00%) and Electronic Development Co., Ltd. (19.25%).

This IR provides financial information for HBA, a non-listed company categorized as an “other affiliate” of the listed company Keyware, in accordance with disclosure obligations for financial results of parent companies and affiliates. HBA’s business activities and financial health could indirectly influence Keyware’s business strategy and performance. HBA’s reported sales and profit levels indicate the company’s operational scale and stability, which may be of interest to investors.

• TOC Co., Ltd. announced the finalization of its parent company, New Otani Co., Ltd.’s financial results for the fiscal year ending March 2026.
• New Otani Co., Ltd. is primarily engaged in the hotel business, with a capital of 3,462 million yen.
• As of March 31, 2026, New Otani Co., Ltd. holds 24.11% of TOC’s voting rights.
• There are 3 directors who serve concurrently on the boards of both TOC and New Otani.
• As of March 31, 2026, major shareholders include Otani Real Estate Co., Ltd. with 1,932 thousand shares (28.0%), Otani Corporation with 605 thousand shares (8.8%), and TOC Co., Ltd. (treasury stock) with 582 thousand shares (8.4%).

This IR provides detailed information about TOC’s parent company, New Otani, which may be beneficial for investors seeking to understand the broader corporate structure and governance. The disclosure of the parent company’s finalized financial results and its relationship with TOC, including capital and human connections, could offer insights into potential group-level synergies or risks. Such transparency is valuable for evaluating the overall context in which TOC operates.

• Sumitomo Heavy Industries, Ltd. announced its decision to absorb and merge its consolidated subsidiaries, Sumitomo Heavy Industries Material Handling Systems, Ltd. and Sumitomo Heavy Industries Construction Crane, Ltd., effective January 1, 2027.
• Sumitomo Heavy Industries, Ltd. will be the surviving company in this absorption-type merger, with both subsidiaries being dissolved.
• The merger’s objective is to consolidate management resources into the parent company to strengthen profitability and business competitiveness.
• Post-merger, the businesses of both subsidiaries will be integrated into a newly established “Crane SBU (tentative name)” within the parent company.
• As this merger involves 100% owned subsidiaries, no new shares will be issued, no cash or other assets will be exchanged, and there will be no impact on consolidated financial results.

This merger, involving wholly-owned subsidiaries, suggests a strategic move by Sumitomo Heavy Industries to enhance operational efficiency within its group. The integration of businesses into a new SBU, linked to segment restructuring, may indicate an effort to strengthen market-driven value creation. This approach could potentially contribute to long-term optimization of the business portfolio and improved competitiveness.

• G-Infonet Co., Ltd. resolved to partially change its shareholder benefit program (change in benefit items) at its Board of Directors meeting held on June 29, 2026.
• The benefit item will be changed from the conventional “QUO Card” to “Digital Gift®.”
• “Digital Gift®,” provided by Digital Plus Co., Ltd. group, allows shareholders to choose from options such as Amazon Gift Card, PayPay Money Light, Rakuten Point Gift, and QUO Card Pay.
• Eligibility requirements remain unchanged: continuous ownership of 300 shares or more will grant an annual total of 13,000 yen worth of Digital Gift® (6,500 yen for the interim record date and 6,500 yen for the fiscal year-end record date).
• This change will be effective starting from the record date of September 30, 2026.

• Dia HD announced a restatement of a portion of its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Japanese GAAP)” initially published on May 15, 2026.
• The reason for the restatement was the discovery of items requiring correction, primarily related to the accounting treatment of intercompany transactions among consolidated subsidiaries, during the audit process for the March 2026 fiscal year-end.
• In the consolidated statement of income, cost of sales increased from ¥80,962 million (pre-restatement) to ¥81,223 million, and selling, general and administrative expenses increased from ¥13,051 million to ¥13,113 million.
• As a result, operating profit decreased by 11.7% from ¥2,753 million to ¥2,431 million, and ordinary profit decreased by 24.7% from ¥2,738 million to ¥2,062 million.
• Net profit attributable to owners of parent saw a significant reduction of 73.5%, from ¥819 million (pre-restatement) to ¥217 million.

This restatement primarily stems from adjustments to intercompany transaction accounting, impacting key profit figures. The substantial downward revision in net profit attributable to owners of parent could be a significant point for investors to consider when evaluating the company’s financial health. Such corrections identified during the audit process may influence market perceptions regarding the company’s internal controls and the accuracy of its financial reporting.

• Initen Co., Ltd. is the parent company of Watami Co., Ltd., holding 24.39% of Watami’s voting rights as of March 31, 2026.
• For the fiscal year ended March 2026, Initen Co., Ltd. reported a net profit of 287 million yen.
• The company’s balance sheet shows total assets of 37,106 million yen and total net assets of 32,480 million yen. Current assets amounted to 2,832 million yen, with cash and deposits at 2,793 million yen.
• On the income statement, despite sales of 9 million yen and an operating loss of △53 million yen, the company recorded 406 million yen in non-operating income, including 122 million yen in interest received, 114 million yen in dividends received, and 168 million yen in foreign exchange gains.
• The major shareholder is Miki Watanabe, who owns 99.53% (59,720 shares) of the total issued shares.

The financial results of Initen Co., Ltd., Watami’s parent company, provide key insights into Watami’s corporate structure and potential influences on its management. The significant amount of investment securities, totaling 33,414 million yen, and the substantial contribution of non-operating income to net profit may suggest a focus on asset management within Initen. Furthermore, Miki Watanabe’s overwhelming majority shareholding in Initen could be a relevant factor for investors monitoring Watami’s corporate governance.

• Umios Corporation resolved at its board meeting on June 29, 2026, to acquire 51% of the issued shares of Pet World International Sdn. Bhd. (PWI), making it a specified subsidiary.
• The acquisition aims to strengthen and expand the pet food business, positioning it as a core business segment.
• PWI is based in Malaysia, holds the second-largest share in the dog and cat pet food market, and possesses strong competitiveness in dry food.
• Through this acquisition, the Umios Group, which traditionally specialized in wet food, will establish a system covering both dry and wet food products.
• The pet food business is projected to achieve an operating profit of approximately JPY 10 billion and a ROIC of about 18% by the final year of the medium-term management plan (March 2028).

Umios’s decision to position its pet food business as a core segment and expand significantly in the Asian market is a key takeaway. The acquisition of PWI is expected to bolster the product portfolio by adding dry food capabilities to Umios’s existing wet food business, potentially expanding sales channels. Given the growth potential of the Asian market and PWI’s regional competitiveness, this strategic move could contribute to enhancing the overall profitability of the Umios Group.

• Appirits Inc. resolved to acquire all shares of Fullbalance Co., Ltd., making it a wholly-owned subsidiary, via a written resolution on June 29, 2026.
• Fullbalance specializes in EC site construction, operation, maintenance, and D2C support using Shopify, holding the “Shopify Platinum Partners” certification and having won “Shopify Partner of the Year 2024.”
• The acquisition aims to gain concierge-type EC support capabilities in the rapidly expanding EC commerce market, create strong synergies in the “Oshi-Culture & Campaign EC” domain, and secure a customer base primarily composed of major corporations, along with specialized personnel.
• The acquisition price for Fullbalance’s shares is 125,000 thousand yen, with a total cost including advisory fees estimated at 155,000 thousand yen.
• The share transfer execution date is scheduled for July 1, 2026. Fullbalance’s profit and loss are expected to be included in Appirits’ consolidated financial results starting from the third quarter of the fiscal year ending January 2027, with the impact on Appirits’ consolidated performance for that fiscal year deemed minor.

This acquisition appears to align with Appirits’ M&A strategy outlined in its “Appirits VISION2030” mid-term vision. Fullbalance’s strong technical capabilities and track record with Shopify, along with its diverse customer base including the entertainment sector, could contribute to Appirits’ business expansion and creation of new revenue opportunities through integration with its Web Solutions and “Oshi-Culture & Game” businesses. The incorporation of Fullbalance, which employs a hybrid revenue model combining monthly operational contracts and initial setup fees, may also enhance the Appirits Group’s stable revenue base.

• Nagai Leben Co., Ltd. announced a revision to its dividend forecast (an increase) at a Board of Directors meeting held on June 29, 2026.
• The company revised its year-end dividend forecast from ¥60 per share to ¥70 per share, an increase of ¥10.
• This revision results in a revised total annual dividend of ¥70 per share, up from the previously projected ¥60.
• The company’s basic policy is to maintain stable dividends, targeting a dividend payout ratio of approximately 50%, and this revision is a comprehensive consideration of current business performance trends and financial conditions.
• Nagai Leben states that it will continue to prioritize maintaining and sustaining this level of dividend stably and strive to enhance returns in line with sustainable corporate value improvement.
• This matter is scheduled to be submitted for approval at the company’s ordinary general meeting of shareholders planned for November 2026.

This dividend increase by Nagai Leben appears to be a result of the company’s comprehensive assessment of its business performance and financial condition, in line with its stated policy of maintaining stable dividends with a payout ratio of approximately 50%. The upward revision of the year-end dividend may indicate a strong commitment to shareholder returns. The company’s emphasis on maintaining and sustaining this dividend level and enhancing returns in response to sustainable corporate value improvement could be a point of interest for investors.

• Zojirushi Corporation reported consolidated net sales of JPY 51,210 million for the second quarter (interim period) of the fiscal year ending November 2026, a 2.2% increase compared to the previous interim period.
• Consolidated operating profit rose by 7.0% to JPY 5,212 million, and consolidated ordinary profit increased by 8.5% to JPY 5,493 million, both year-on-year for the interim period.
• Net profit attributable to owners of parent for the interim period was JPY 3,534 million, an increase of 3.9% from the previous interim period.
• By product segment, sales of cooking appliances increased by 1.1% to JPY 36,562 million, household appliances by 12.9% to JPY 3,913 million, and other businesses by 69.7% to JPY 2,204 million. However, living products sales decreased by 7.4% to JPY 8,531 million.
• The full-year consolidated earnings forecast and the annual dividend forecast (JPY 23 for year-end, total JPY 46) for the fiscal year ending November 2026 remain unchanged from the most recently published figures.

Zojirushi’s Q2 FY2026 results indicate a period of growth across key financial metrics, with increased sales and profits compared to the prior year. This performance appears to be supported by robust domestic sales of high-value-added products and successful price adjustments to mitigate rising import costs due to currency fluctuations. While overall overseas sales experienced a decline, partly due to challenges in specific regions and product categories, the acquisition of a Hong Kong sales agency subsidiary contributed positively, suggesting a mixed regional performance worth monitoring.

• Shimamura Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending February 2027.
• Net sales increased by 7.9% year-on-year to ¥181,663 million.
• Operating profit rose by 16.8% year-on-year to ¥17,890 million, and ordinary profit increased by 18.9% to ¥18,794 million.
• Net profit attributable to owners of parent grew by 19.0% year-on-year to ¥12,857 million.
• The Shimamura business segment reported a 7.3% increase in net sales to ¥130,827 million, attributed to expanded assortments of private brand (PB) and character products, along with successful cross-channel engagement between physical stores and the online store.

Shimamura’s first quarter results show significant growth across all key profitability metrics, suggesting effective strategies in a challenging retail landscape. The strong performance of private brands and character merchandise appears to be a key driver for the increased sales and profits. The company’s efforts in integrating its online and offline retail channels also seem to be contributing positively to customer engagement and revenue generation, which is worth monitoring for sustained growth.

• Consolidated insurance revenue for the fiscal year ended March 2026 reached ¥6,436,026 million, an 8.2% increase year-on-year.
• Profit attributable to owners of the parent was ¥510,612 million, marking a significant 70.1% increase compared to the previous fiscal year.
• Basic earnings per share stood at ¥342.98, up from ¥193.36 in the prior year.
• The annual dividend per share was ¥160 (interim ¥77.50, year-end ¥82.50), an increase from ¥145 in the previous year.
• For the fiscal year ending March 2027, the company forecasts profit attributable to owners of the parent at ¥425,000 million and basic earnings per share at ¥292.91.

The FY2026 results show a robust performance with substantial growth in insurance revenue and profit attributable to owners of the parent, potentially reflecting the impact of changing economic conditions and strategic initiatives. The increased dividend payout may indicate a positive stance on shareholder returns. However, the forecast for FY2027 anticipates a decrease in profit attributable to owners of the parent compared to the current fiscal year, which could be a point of interest for investors to monitor.

• G-Petgo Co., Ltd. has entered into a capital and business alliance agreement with Blue Incubation Co., Ltd., a subsidiary of Seibu Holdings Inc.
• G-Petgo will issue 332,300 shares of new stock and 1,385 units of the 18th series of stock acquisition rights (representing 138,500 potential shares) through a third-party allotment to Blue Incubation.
• The issue price for the new shares is 742 JPY per share, raising 246,566,600 JPY. The issue price for the stock acquisition rights is 1,282 JPY per unit, with an exercise price of 742 JPY.
• The payment due date and allotment date for this third-party allotment is July 15, 2026.
• Following this third-party allotment, Blue Incubation is expected to become the largest and major shareholder of G-Petgo. Blue Incubation’s ownership is projected to be 14.98% after the new share issuance, and 19.98% if all stock acquisition rights are exercised.

This alliance appears to aim at creating a new “pet outing economy” by integrating G-Petgo’s digital customer base in pet-related services with Seibu Group’s real assets, such as hotels, commercial facilities, and leisure facilities. This strategic move could allow G-Petgo to establish new revenue streams in the “experience consumption” sector and enhance customer traffic beyond its existing e-commerce business. The capital injection through the third-party allotment serves to solidify the business collaboration between the two entities, and the change in major shareholder could potentially influence future management strategies.

• JALCO Holdings Co., Ltd. resolved to enter into a capital and business alliance with Growth Partners Co., Ltd. at its Board of Directors meeting on June 29, 2026.
• This alliance combines operational collaboration based on a business partnership agreement with Growth Partners and fundraising through a third-party allotment to funds managed and operated by Growth Partners.
• As part of the capital alliance, JALCO HD plans to issue its 1st unsecured convertible bond-type share options through a third-party allotment, with GP Listed Company Investment Limited Partnership and other funds managed by Growth Partners as the allottees.
• The business alliance includes support for growth strategy formulation, new business scheme development, introduction of alliance partners and M&A opportunities in new businesses, operational improvement support, and IR advisory services.
• Growth Partners Co., Ltd., established on July 25, 2022, with a capital of 9 million yen, specializes in finance, corporate strategy planning support, and management consulting.

This capital and business alliance appears to be a strategic move by JALCO HD to accelerate the growth of its existing real estate, financial solutions, and M&A consulting businesses, as well as new ventures like grid-scale battery storage and data centers, with the aim of enhancing long-term corporate value. The collaboration is expected to leverage Growth Partners’ management consulting expertise and integrated funding through its funds, potentially strengthening JALCO HD’s business execution and fundraising capabilities. Investors may wish to monitor the progress of these growth strategies and any resulting changes in the company’s financial position.

• Logly Inc. announced on June 29, 2026, that its Board of Directors decided to cancel the absorption-type merger of its consolidated subsidiary, moto Corporation.
• This merger was initially announced on May 15, 2026, under the title “Notice of Absorption-type Merger (Simple Merger/Short-Form Merger) of Consolidated Subsidiary.”
• The reason for the cancellation is stated as a re-evaluation from the perspective of concentrating management resources and improving management efficiency, due to rapid changes in the business environment.
• Logly Inc. expects the impact of this merger cancellation on its consolidated financial results to be minor, as moto Corporation is a wholly-owned subsidiary.

The cancellation of a previously announced merger of a consolidated subsidiary suggests a potential recalibration of the company’s strategy regarding resource allocation and operational efficiency. While the initial goal was consolidation, the decision to halt indicates a response to rapid changes in the business environment, prompting a re-assessment of the best path forward for resource management. This move could be interpreted as a company’s effort to maintain agility in its strategic planning amid evolving market conditions.

• MH Group signed a basic agreement on June 29, 2026, to commence discussions for acquiring 51% of the issued shares of Oasis LH Inc., a special purpose company (SPC), making it a consolidated subsidiary.
• This acquisition is positioned as the first phase of the growth strategy based on the fundraising announced on May 22, 2026.
• Oasis LH Inc. was established on June 23, 2026, with the purpose of consolidating the beauty salon operations of the Lemon Group, centered around Lemon & Co., Ltd. and Lemon Holdings Inc.
• Lemon Company Tokyo Inc., a 100% subsidiary of Oasis LH Inc., is slated to take over the food and beverage business at amusement facilities, primarily baseball stadiums.
• The acquisition price will be determined through mutual consultation based on due diligence results and will be disclosed at a later date.

MH Group’s basic agreement to acquire a majority stake in Oasis LH Inc. marks the first step in its M&A strategy to expand its beauty salon business. This move, in collaboration with the Lemon Group, could enable MH Group to diversify its brand portfolio beyond its existing “mod’s hair” brand to include high-value brands like “AVEDA.” Furthermore, the company’s exploration into the food and beverage business at amusement facilities, in addition to beauty salon operations, suggests a strategic pivot towards diversifying revenue streams and expanding customer touchpoints, which may align with its broader goal of building a digital service platform in the beauty industry.

• Thermae-yu Holdings Co., Ltd. announced a re-restatement and numerical data correction to its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Japanese GAAP),” originally disclosed on May 13, 2026, and corrected on June 2, 2026.
• The reason for the correction is stated as an error in the amounts noted in the “Notes on Segment Information” within the attached materials.
• Key corrections relate to “Depreciation expenses,” “Amortization of goodwill,” and “Increase in tangible and intangible assets” within the segment information for the consolidated fiscal year (April 1, 2025, to March 31, 2026).
• Corrected “Depreciation expenses” for the total of reporting segments changed from 303,784 thousand yen to 301,741 thousand yen, and for the consolidated financial statements from 304,749 thousand yen to 302,707 thousand yen.
• “Amortization of goodwill” was newly added, with 20,522 thousand yen for both the total of reporting segments and the consolidated financial statements.
• “Increase in tangible and intangible assets” for the total of reporting segments changed from 118,182 thousand yen to 300,324 thousand yen, and for the consolidated financial statements from 119,002 thousand yen to 301,144 thousand yen.

This re-restatement corrects errors in the segment information of the financial results, specifically impacting depreciation expenses, goodwill amortization, and additions to tangible and intangible assets. Investors should review how these numerical adjustments affect the asset structure and expense profiles of each segment. The significant revision in the increase of tangible and intangible assets, in particular, may suggest changes in future business expansion plans or investment activities, which could be a point of interest for market observers.

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

• DLE Inc. announced a change in the contract period for the “JAIC-DLE Anime IP Fund Investment Limited Partnership” (JAIC-DLE Fund) with Japan Asia Investment Co., Ltd.
• The original contract period, set until December 31, 2028, has been shortened to June 30, 2026, leading to the early dissolution and liquidation of the fund.
• This decision was made after discussions between DLE and Japan Asia Investment, based on a comprehensive evaluation of the fund’s operational status.
• The business alliance agreement between DLE and Japan Asia Investment remains in effect, with no changes resulting from this announcement.
• DLE states that this matter will have a minor impact on its consolidated financial results for the fiscal year ending March 2027.

The early dissolution of the JAIC-DLE Fund may suggest a re-evaluation of the fund’s strategy or performance by both DLE and Japan Asia Investment. Investors interested in anime IP investments might monitor future developments regarding potential new collaborations or alternative investment vehicles from these companies. The continuation of their broader business alliance could indicate a shift towards different forms of partnership, which is worth monitoring.

• MIRAINI Holdings Co., Ltd. has revised its consolidated financial forecast for the fiscal year ending March 2027 (April 1, 2026 – March 31, 2027) upwards.
• For the interim period (April 1, 2026 – September 30, 2026), net sales are revised to ¥272.0 billion (up 18.3% from previous forecast), operating profit to ¥7.6 billion (up 52.0%), ordinary profit to ¥6.5 billion (up 62.5%), and net profit attributable to parent company to ¥11.2 billion (up 17.9%).
• For the full fiscal year (April 1, 2026 – March 31, 2027), net sales are revised to ¥542.0 billion (up 8.4%), operating profit to ¥14.6 billion (up 21.7%), ordinary profit to ¥12.5 billion (up 25.0%), and net profit attributable to parent company to ¥15.2 billion (up 12.6%).
• The upward revision is attributed to expanding demand and rising prices for semiconductor memory, as well as increased demand for EV two-wheeler electronic components in the Indian market.
• The annual dividend forecast for the fiscal year ending March 2027 has been raised from ¥93 per share to ¥96 per share (interim dividend of ¥48, year-end dividend of ¥48). The company’s policy is not to include negative goodwill as a source for dividends.

This upward revision of the earnings forecast appears to be driven by robust demand in key growth areas, specifically semiconductor-related products and electronic components for EVs. The significant percentage increases in interim profit figures might suggest the company’s confidence in the near-term business environment. The increased dividend forecast could be viewed as a commitment to shareholder returns, while the policy of excluding negative goodwill from dividend sources indicates a focus on stable, recurring profits for shareholder distribution.

• ACCESS GROUP released the Q&A from its FY2026/3 earnings briefing and 37th Ordinary General Meeting of Shareholders on June 29, 2026.
• The company stated that current international affairs (e.g., yen depreciation, high crude oil prices) and AI advancements have limited direct impact on its business.
• The mid-term management plan’s focus on LTV (Customer Lifetime Value) aims to build a stable revenue base by expanding recurring services like consulting and business process outsourcing, moving away from one-off transactions.
• M&A targets will prioritize “talent matching,” “Recruitment Process Outsourcing (RPO),” and “Business Process Outsourcing (BPO)” areas, emphasizing synergy with existing businesses.
• Regarding share buybacks, the company prioritizes growth investments at its current stage and focuses direct shareholder returns on a revised dividend policy (targeting a 40% payout ratio) and enhanced shareholder benefits.
• Approximately JPY 1.3 billion is earmarked for contingency and business continuity funds, calculated based on covering fixed operating costs and preparing for seasonal fluctuations in financial demand.

ACCESS GROUP’s disclosure indicates a proactive stance on external factors, viewing AI as an opportunity for business growth rather than a direct threat. The company’s clear strategy for growth investments and shareholder returns, particularly its commitment to expanding business domains through M&A and stabilizing revenue via LTV, could suggest a focus on future value creation. The decision to prioritize growth investments over immediate share buybacks may signal a strategic emphasis on long-term corporate growth over short-term shareholder returns.

• I-ne disclosed a “Frequently Asked Questions and Answers” document regarding its Q1 FY2026 financial results on June 29, 2026.
• The delay in the FY2025 financial report was due to suspicions that Right Here Co., the counterparty in a trademark right transfer transaction in Q2 FY2022, was a related party; amendments to past annual securities reports were made, but there was no impact on consolidated performance.
• In response to being placed on a probation period for re-examination by the Tokyo Stock Exchange and being charged a listing agreement penalty, the company stated its intention to consider applying for a re-examination or a market segment change to maintain its Prime Market listing, ensuring compliance with new listing standards.
• Approximately JPY 3-4 billion in additional investment is planned for medium-to-long-term sustainable growth, targeting the regrowth of its core hair care and beauty appliance categories and the scaling of new successful products, with a projected investment recovery period of approximately 2-3 years.
• The “Face Current Pointer” pen-type facial device, launched in March 2026, achieved 310% of its online sales plan within approximately one month, and in other skincare categories, “Teaflex” recorded sales of approximately JPY 600 million and “Befas” approximately JPY 300 million, showing strong progress.

This IR document provides a detailed explanation of past governance issues and the company’s response, which may suggest an effort towards improved transparency for investors. The planned additional investment of JPY 3-4 billion appears to indicate I-ne’s proactive stance on accelerating core business growth and expanding new ventures, making its future performance worth monitoring. The discrepancy between strong Q1 performance and the full-year outlook is attributed to geopolitical risks impacting raw material costs and potential additional investments, highlighting the importance of the company’s adaptability to changing market conditions.