Japan Stock IR Daily – August 25, 2026 (29 reports)

• Cloudia Holdings Co., Ltd. has resolved to cease operations at the Qingdao factory, operated by its consolidated subsidiary, Qingdao Masha Gown Co., Ltd. (Qingdao, China).
• This discontinuation of operations is expected to result in an extraordinary loss of approximately ¥170 million as a business reorganization loss in the consolidated financial results for the fiscal year ending August 2026.
• Reasons for the business cessation include rising production costs, including labor costs, in China, as well as an aging workforce and reduction in personnel.
• The company plans to position the Vietnam factory, operated by its consolidated subsidiary VIETNAM KURAUDIA CO., LTD., as its main production facility to expand and streamline wedding dress production.
• An increase in capital to the consolidated subsidiary (US$1,050,000, approximately ¥170 million) is expected to result in a provision for subsidiary support loss of approximately ¥170 million as an extraordinary loss in the non-consolidated financial results for the fiscal year ending August 2026. This non-consolidated loss will be eliminated in the consolidated financial statements.

This announcement from Cloudia HD indicates a strategic restructuring of its production base, shifting operations from China to Vietnam after approximately 30 years, likely driven by rising production costs in China. While the recording of a ¥170 million business reorganization loss in consolidated financials may impact short-term performance, investors may focus on how the anticipated production efficiencies at the Vietnam factory could influence the company’s cost structure in the mid-to-long term. The provision for subsidiary support loss in non-consolidated financials is noted as having no impact on consolidated results, narrowing the focus to the direct business reorganization loss.

• Taiho Corp. (Securities Code: 1822) resolved at its Board of Directors meeting today to acquire shares of UNICON Holdings Co., Ltd. (Securities Code: 407A) and enter into a capital and business alliance agreement.
• The share acquisition involves purchasing a portion of UNICON shares held by Endeavour United No. 2 Investment Limited Partnership through an over-the-counter transaction.
• The number of shares to be acquired is 1,682,133 common shares, representing 17.00% of UNICON’s total voting rights, which falls under “collecting acts specified by Cabinet Order as acts equivalent to a tender offer” as stipulated in Article 167, Paragraph 1 of the Financial Instruments and Exchange Act.
• The purpose of the capital and business alliance is to integrate Taiho’s new infrastructure construction technologies with the UNICON Group’s business foundation, establishing a complementary relationship across the entire value chain from new infrastructure construction to maintenance and repair.
• A proposal to elect one director nominated by Taiho Corp. is scheduled to be submitted at UNICON’s 8th Ordinary General Meeting of Shareholders, planned for September 29, 2026.

This initiative is positioned as a key undertaking within Taiho Corp.’s mid-term management plan, focusing on “strengthening the business foundation through acquisition of competitive new technologies” and “strategic investment for business area expansion.” The alliance between two companies with distinct strengths in new infrastructure construction and maintenance could enhance their ability to address societal needs such as national resilience. The appointment of a director is also expected to strengthen governance and maximize the effectiveness of the collaboration.

• UNICON Holdings Co., Ltd. concluded a capital and business alliance agreement with TAIHO Corporation on August 25, 2026.
• Following this alliance, TAIHO Corporation is expected to become a major shareholder of UNICON Holdings.
• TAIHO Corporation will acquire 1,682,133 shares from Endeavor United No. 2 Investment Limited Partnership, an existing shareholder, through an off-market block trade.
• This acquisition will result in TAIHO Corporation holding 17.00% of UNICON Holdings’ total outstanding shares, making it the second-largest shareholder.
• The business alliance includes expanding order opportunities, joint participation in PPP/PFI projects, leveraging construction networks, joint consideration of human resource development and DX measures, and collaboration in M&A and new business development.
• UNICON Holdings is scheduled to receive one director dispatched from TAIHO Corporation based on this capital and business alliance agreement.

This capital and business alliance appears to aim at combining UNICON Holdings’ business foundation in the Southern Tohoku area with TAIHO Corporation’s strengths in large-scale infrastructure construction technologies. This integration could enable comprehensive service offerings from new infrastructure construction to maintenance and repair, potentially leading to business expansion and enhanced competitiveness. Furthermore, it is notable that TAIHO Corporation’s share acquisition is an off-market transaction and does not involve the issuance of new shares by UNICON Holdings, thus avoiding dilution for existing shareholders.

• KSK Corporation resolved a stock split, an amendment to its Articles of Incorporation, and a revision to its dividend forecast at a Board of Directors meeting held on August 25, 2026.
• The stock split will be conducted at a ratio of three shares for every one share of common stock, with a record date of September 30, 2026, and an effective date of October 1, 2026.
• The total number of issued shares will increase from 6,736,368 shares (after deducting treasury stock to be cancelled as of July 31, 2026) to 20,209,104 shares post-split.
• The amendment to the Articles of Incorporation will increase the total number of authorized shares from 20 million shares to 60 million shares.
• The year-end dividend forecast for the fiscal year ending March 2027 has been revised from the previous forecast of 190 yen (pre-split equivalent) to 192 yen, resulting in a post-split forecast of 64 yen per share.

This stock split aims to reduce the per-unit investment amount, potentially expanding the investor base and enhancing stock liquidity. The concurrent revision of the dividend forecast, which is an effective increase on a pre-split basis, may suggest the company’s commitment to strengthening shareholder returns. These actions could be viewed as part of KSK’s broader strategy to enhance long-term corporate value.

• JET Co., Ltd. has published its earnings presentation materials for the second quarter of the fiscal year ending December 2026.
• The document covers an overview of the semiconductor manufacturing equipment market, company profile, business operations, and product portfolio.
• Key products include single-wafer cleaning equipment (batch cleaning equipment, liquid plasma ashing equipment, etc.).
• Progress in new technology development, such as Eco-Clean and next-generation plasma ashing equipment, is highlighted.
• Information for investors includes financial and performance data, dividend policy, and shareholder return policy.

This earnings presentation material serves as a crucial resource for understanding JET Co., Ltd.’s business strategy and technological development direction. The detailed explanation of the semiconductor manufacturing equipment market trends and the company’s strengths could indicate potential growth drivers. Furthermore, the discussion on shareholder return policy may be viewed as a commitment to enhancing corporate value for investors.

• Seed Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027.
• Net sales reached ¥8,848 million, marking a 3.5% increase compared to the same period last year.
• Gross profit was ¥4,151 million (+7.9% YoY), with a gross profit margin of 46.9% (+1.9 percentage points YoY).
• Operating income amounted to ¥618 million, a decrease of 2.0% from the previous year.
• The decrease in operating income was primarily attributed to increased research and development expenses for clinical trials and higher personnel costs due to staff expansion and improved compensation.
• Within the contact lens business, sales of toric and multifocal lenses recovered, and the AirGrade series saw extended sales. However, spherical lenses remained at the same level as the previous year due to price competition.

• Awa Bank’s Board of Directors approved a stock split, an amendment to its Articles of Incorporation, a revision of its shareholder benefit program, and a change in its dividend forecast on August 25, 2026.
• The stock split will be conducted at a ratio of five shares for every one common share, with September 30, 2026, as the record date and October 1, 2026, as the effective date.
• Concurrently, the total number of authorized shares will be amended from 100,000 thousand shares to 500,000 thousand shares.
• The shareholder benefit program will be revised for shareholders listed in the share register as of March 31, 2027. Benefits for shareholders holding less than 1,000 shares (post-split) will change to a digital select gift.
• The forecast for the fiscal year ending March 2027 per-share dividend has been adjusted, with the interim dividend at JPY 100.00 (pre-split basis) and the year-end dividend at JPY 18.00 (post-split basis). The effective dividend amount remains unchanged.

This stock split appears aimed at lowering the per-unit investment amount, which could enhance stock liquidity and broaden the investor base. The revision of the shareholder benefit program aligns with the post-split shareholding structure, with a particular focus on changes for smaller shareholders. While the effective annual dividend amount remains consistent after the split, which may be seen as maintaining shareholder returns, the reduced investment hurdle could make the stock more accessible to new investors.

• Wedge Holdings Co., Ltd. resolved at its Board of Directors meeting on August 25, 2026, to absorb its wholly-owned subsidiary, Jusoshinsha Co., Ltd.
• The effective date of the merger is scheduled for September 30, 2026.
• The merger will be conducted as an absorption merger, with Wedge Holdings Co., Ltd. as the surviving company and Jusoshinsha Co., Ltd. dissolving.
• This merger qualifies as a simplified absorption merger for Wedge Holdings Co., Ltd. and a short-form merger for Jusoshinsha Co., Ltd., thus eliminating the need for shareholder approval.
• No new shares will be issued, capital will not be increased, and no merger consideration will be paid as a result of this merger.
• The stated reasons for the merger are to streamline the chain of command and reduce operating expenses, as both companies operate in the same industry.
• Wedge Holdings Co., Ltd. has announced that the impact of this merger on its consolidated financial results will be minor.

G-Wedge HD’s decision to absorb its wholly-owned subsidiary, Jusoshinsha, can be seen as a strategic move to enhance operational efficiency within the group. Integrating businesses in the same industry may lead to reduced overlapping operations and quicker decision-making processes. The announcement of a minor impact on consolidated performance suggests that the company is focusing on strengthening its organizational structure in the medium to long term, rather than immediate financial gains.

• Nippon Carbon Corporation resolved to introduce a shareholder benefit program at its Board of Directors meeting held on August 25, 2026.
• The purpose of the program is to enhance interest in the company’s shares and to encourage long-term shareholding.
• Eligible shareholders are those residing in Japan who meet specific conditions regarding the number of shares held and continuous holding period, as recorded in the shareholder register as of December 31 each year. The initial record date is December 31, 2026.
• Shareholder benefits range from 1,000 yen to 12,000 yen equivalent, depending on the number of shares held (200 shares to less than 500 shares, 500 shares or more) and the continuous holding period (1 year to less than 3 years, 3 years or more). Shareholders holding 100 shares to less than 200 shares are eligible for 1,000 yen equivalent after 3 years of continuous holding.
• The continuous holding period is determined by the number of consecutive confirmations of holding 100 or more shares under the same shareholder number in the shareholder register on June 30 and December 31 each year.
• Guidance documents for the initial shareholder benefits are scheduled to be sent around late March 2027.

The introduction of this shareholder benefit program by Nippon Carbon appears to be a strategic move to attract and retain individual investors, potentially aiming to strengthen its shareholder base. The tiered benefits based on continuous holding periods suggest an emphasis on fostering long-term share ownership, which could contribute to greater shareholder stability. Investors may consider monitoring how this new program influences the company’s shareholder demographics and stock liquidity in the future.

• Ainabo Holdings Co., Ltd. resolved to partially change the contents of its shareholder benefit program (change in benefit items) at its Board of Directors meeting held on August 25, 2026.
• The reason for the change is to improve the convenience of the shareholder benefits.
• Previously, the benefit was a 1,000 yen QUO card; after the change, it will be a 1,000 yen equivalent “Digital Gift®.”
• The “Digital Gift®” will offer a selection of multiple benefit items, including Amazon Gift Cards, QUO Card Pay, and PayPay Money Lite (exchange options may change).
• There are no changes to requirements other than the benefit item, such as record dates (March 31 and September 30) and minimum shareholding (100 shares or more).
• This change will be applied starting from the shareholder benefit based on the record date of September 30, 2026.

The change in the shareholder benefit program, shifting from traditional QUO cards to a selection of digital gifts, appears to aim at enhancing convenience for shareholders. The inclusion of widely used options like Amazon Gift Cards and QUO Card Pay could potentially increase the perceived value of the benefits for investors. The effective date of the change, starting from the record date of September 30, 2026, is also a point for investors to note.

• TAKARA & COMPANY announced on August 25, 2026, the final details of its shareholder benefit program, following a previous announcement on July 8, 2026.
• Eligible shareholders are those listed on the shareholder registry as of November 30 each year, holding 100 or more shares, and having continuously held them for at least two years. The continuous holding period includes fractional share ownership.
• The shareholder benefit grants 3,000 points uniformly to eligible shareholders. These points can be exchanged for various items like gourmet food, general goods, and electronic money via a dedicated website for the newly established “TAKARA&COMPANY Premium Shareholder Club.”
• Points can also be converted into “WILLsCoin,” a shared shareholder benefit coin that can be combined with points from other companies participating in the Premium Shareholder Club. WILLsCoin can be used on the “Premium Shareholder Club PORTAL” for a wider range of items, including accommodation tickets, premium wines, and even for hometown tax donations.
• Points can be carried over if shareholders are listed consecutively for at least two times with the same shareholder number on the November 30 registry and continuously hold 100 or more shares, allowing for the exchange of up to two years’ worth of points.

The determined shareholder benefit program aims to enhance shareholder returns, improve stock liquidity, strengthen dialogue with shareholders, and promote the digitalization of shareholder management. The conditions for continuous shareholding and the introduction of the “Premium Shareholder Club” may suggest an intention to secure stable shareholders and improve shareholder engagement. Furthermore, the integration with WILLsCoin could offer shareholders increased flexibility and choice in redeeming their benefits.

• SYNCLAYER announced its consolidated financial results for the first half of the fiscal year ending December 2026.
• Net sales were reported at 4,646 million JPY, a decrease of 5.9% compared to the same period last year.
• Operating profit increased by 43.3% to 223 million JPY, ordinary profit by 123.9% to 220 million JPY, and net profit attributable to parent company shareholders by 160.6% to 146 million JPY.
• The equity ratio stood at 64.7% as of 2Q FY2026, an increase of 1.5 percentage points from the end of FY2025, indicating a strong financial position.
• Progress against the full-year forecast for FY2026 (net sales 11,500 million JPY, ordinary profit 510 million JPY) is 40.4% for net sales and 44.1% for ordinary profit.

SYNCLAYER’s first-half results for FY2026 show significant profit growth despite a slight decrease in net sales. This improvement in profitability appears to be driven by optimized inventory management and improved profitability in the Equipment Integration division, as well as reduced foreign exchange losses. The maintained strong equity ratio suggests a solid financial foundation, which could support future business expansion initiatives.

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

• Morinaga Milk Co., Ltd. has announced changes to its shareholder benefit program and shareholder record date.
• These changes are made in light of a 1-for-4 stock split to be implemented on July 1, 2026.
• The revised number of shares for benefit eligibility and the benefit content will apply from the shareholder benefits with a record date of September 30, 2026.
• From the shareholder benefits with a record date of March 31, 2027, new requirements will be introduced: continuous holding of 200 shares or more for at least six months, and a long-term holding privilege (additional benefits) for shareholders holding 400 shares or more for at least three years.
• The shareholder benefit record date will be changed to March 31 annually, starting with March 31, 2027, as the first revised record date. Consequently, no shareholder benefits will be implemented for the record date of September 30, 2027.

These revisions appear to be designed to encourage long-term shareholding among a broader base of investors, following the 1-for-4 stock split on July 1, 2026. The expansion of benefits and the introduction of continuous and long-term holding incentives could suggest the company’s focus on building a stable shareholder base. Additionally, aligning the record date with the company’s fiscal year-end (March 31) may aim to enhance convenience for shareholders.

• SHIFT Co., Ltd. resolved at its Board of Directors meeting on August 25, 2026, to absorb and merge with its consolidated subsidiary, DICO Co., Ltd., through a simplified absorption merger.
• DICO Co., Ltd., engaged in localization and game development businesses, joined the SHIFT Group in July 2021.
• The effective date of this organizational restructuring is scheduled for December 1, 2026.
• The merger will be an absorption merger with SHIFT as the surviving company and DICO as the dissolving company, conducted without consideration as it is an intra-group transaction.
• The purpose of the restructuring is to optimize management resources and strengthen the system for providing LQA services in response to increased demand for LQA and “AIPE (AI Post Edit)” driven by generative AI in DICO’s localization business.
• SHIFT plans to leverage its project management expertise, cultivated in software quality assurance, to strengthen cross-selling proposals for localization businesses, including LQA.
• The company will also integrate localization resources from KINSHA Co., Ltd., which was reorganized into SHIFT in December 2025, to improve the efficiency of assignment systems and enhance management efficiency through back-office function integration.
• The impact of this merger on SHIFT’s business performance and financial condition is expected to be minor.

This absorption merger appears to be a strategic move by SHIFT to enhance business efficiency and strengthen specific business areas within the group. The focus on LQA and AI Post Edit, driven by the increasing demand for generative AI in the localization market, suggests an adaptation to evolving market trends. Leveraging SHIFT’s existing software quality assurance expertise in the localization business could enhance service competitiveness, and the integration of resources from KINSHA is also a point to monitor for operational efficiencies.

• Fuva Brain Co., Ltd. announced on August 25, 2026, the release of the video and materials from its Q1 FY2027 earnings presentation for institutional investors and analysts, held on August 19, 2026.
• For the first quarter of fiscal year 2027, adjusted net sales were 1,778 million JPY (up 3.5% year-on-year), and adjusted operating profit was 221 million JPY (down 51.3% year-on-year).
• Net profit attributable to owners of the parent company amounted to 69 million JPY (down 71.5% year-on-year).
• The core businesses, IT Tool business and IT Service business, maintained their revenue and profit growth trend in the first quarter.
• In the investment business, newly consolidated subsidiaries Youth Planet and ProofX contributed to consolidated results, and 84 million JPY in sale gains were recorded from the partial sale of Digital Grid shares during the current period.
• Progress towards the full-year FY2027 financial forecast stands at 21.5% for adjusted net sales and 22.6% for adjusted operating profit as of the end of Q1.

Fuva Brain’s Q1 FY2027 results indicate continued growth in its core IT tool and IT service businesses, suggesting steady progress towards its full-year targets. While year-on-year profit figures show a decrease due to a significant one-time gain from securities sales in the previous year, the underlying expansion of the core business segments could be a key focus for investors. The recurring contribution from investment business sale gains may also highlight the company’s diversified revenue streams, which is a factor worth monitoring.

• Nankai Chemical announced its Q1 FY2027 financial results.
• Net sales were ¥4,900 million, a slight increase of 2.5% compared to the previous year.
• Operating profit reached ¥615 million, marking an 82.3% increase year-on-year.
• Ordinary profit stood at ¥642 million, up 94.0% from the prior year.
• Net profit attributable to owners of the parent was ¥455 million, an increase of 118.9% year-on-year.
• Key factors contributing to the profit increase included “sales price difference” (+¥300 million) and “cost unit price difference” (+¥110 million).
• The equity ratio improved to 58.9% as of June 30, 2026, from 56.8% at the end of March 2026.

Nankai Chemical’s Q1 FY2027 results highlight a significant improvement in profitability, despite only a modest increase in net sales. This performance suggests that the company’s initiatives for “profitability improvement” and “streamlining (efficiency improvement)” are yielding positive results, particularly through timely sales price revisions and optimized manufacturing costs from efficient electrolysis operations. The chemical products business, showing a 39.5% increase in operating profit year-on-year, could indicate progress in improving the business structure.

• For the second quarter of the fiscal year ending January 2027, consolidated net sales increased by 1.5% year-on-year to ¥11,098 million.
• Consolidated operating profit was ¥386 million (up 1.0% year-on-year), and consolidated ordinary profit was ¥463 million (up 32.8% year-on-year).
• Net income attributable to owners of the parent significantly increased by 50.7% year-on-year to ¥173 million.
• The core Pro-use Business recorded sales of ¥7,635 million (up 2.1% year-on-year), with the non-residential sector growing by 13%.
• The Home-use Business saw sales decrease by 3.6% to ¥2,196 million, but its e-commerce sector expanded sales by 31.3%.
• Overseas Business sales increased by 7.3% to ¥1,226 million, and the gross profit margin improved.
• The full-year consolidated earnings forecast remains unchanged, projecting net sales of ¥22,961 million, operating profit of ¥501 million, ordinary profit of ¥520 million, and net income attributable to owners of the parent of ¥120 million.

The Q2 FY2027 results show a significant increase in ordinary profit and net income attributable to owners of the parent, even with a modest increase in net sales. This may suggest that Takasho’s strategic investments in growth areas and ongoing profit structure reforms are yielding positive results. The strong performance in the non-residential sector of the Pro-use Business, overseas operations, and e-commerce sales within the Home-use Business appears to be key drivers of the improved profitability.

• GSI Creos reported net sales of 39.597 billion yen for the first quarter of fiscal year 2027 (April 1, 2026 – June 30, 2026), marking a 4.8% increase compared to the same period last year.
• Operating profit for the same period was 996 million yen (up 10.9% year-on-year), and ordinary profit was 1.121 billion yen (up 4.4% year-on-year).
• Net profit attributable to owners of the parent company increased by 6.3% year-on-year to 932 million yen.
• The first quarter results set new record highs for all key metrics, including net sales, operating profit, ordinary profit, and net profit attributable to owners of the parent company.
• The company is advancing its “GSI CONNECT Phase 2” mid-term management plan towards its long-term vision and targets for 2031 (100th anniversary) of net sales of 200 billion yen, net profit of 4 billion yen, and market capitalization exceeding 50 billion yen.

This announcement indicates that GSI Creos achieved record-high performance across all key financial metrics in Q1 FY2027, suggesting positive progress in its “GSI CONNECT Phase 2” mid-term management plan. The year-on-year increases in both revenue and profit may imply that the company’s business strategies are proving effective. Investors may find it worthwhile to monitor the company’s continued execution of its strategic initiatives against its long-term targets.

• Tokio Marine Holdings announced a 1-for-15 stock split for its common shares, with the record date set for September 30, 2026.
• A new shareholder benefits program will be introduced, starting with the first record date of March 31, 2027, offering an initial ¥7,500 equivalent in e-money for shareholders holding 100 shares or more continuously for three years, and ¥2,500 equivalent annually thereafter.
• Concurrently with the stock split, the company’s Articles of Incorporation will be amended to change the total number of authorized shares from 8 billion to 100 billion, effective October 1, 2026.
• The year-end dividend forecast for the fiscal year ending March 2027 has been revised from ¥122.5 per share to ¥8.17 per share, reflecting the stock split while maintaining the dividend equivalent in real terms (pre-split).
• The terms for the share buyback program have been modified, changing the maximum number of shares to be acquired from 130,000,000 shares to 1,950,000,000 shares. The maximum aggregate acquisition price of ¥200 billion and the acquisition period of May 21, 2026, to December 23, 2026, remain unchanged.

The announced stock split and introduction of a new shareholder benefit program appear to aim at making the company’s shares more accessible to a broader range of investors and encouraging long-term ownership. The substantial increase in authorized shares, alongside the nominal adjustment of the dividend forecast and share buyback volume, could indicate a strategic move to enhance liquidity and expand the shareholder base. These actions may suggest a focus on sustained corporate value growth through broader investor engagement.

• Invincible Investment Corporation (Ｒ－ＩＮＶ, Code: 8963) has released its financial results for the 2026 June fiscal period.
• For the period from January 1, 2026, to June 30, 2026, operating revenue was ¥26,789 million, a decrease of 6.3% compared to the previous period.
• Operating income for the same period was ¥17,564 million (down 9.0%), ordinary income was ¥14,730 million (down 11.7%), and net income was ¥14,729 million (down 11.7%).
• Net income per unit was ¥1,926, and distribution per unit (excluding excess distributions) was ¥1,930.
• For the 2026 December fiscal period, operating revenue is projected to be ¥28,045 million, with a projected distribution per unit of ¥2,186.

Ｒ－ＩＮＶ’s 2026 June period results show a decrease in key revenue and profit metrics compared to the previous period. However, the equity ratio to total assets remains stable at 49.8%, suggesting a continued robust financial foundation. The forecast for the next period indicates an expected increase in revenue, which may draw investor attention to future portfolio strategies and property occupancy rates.

• Anes Co., Ltd. announced a partial correction to its IR disclosure from August 14, 2026, concerning the acquisition and cancellation of the 46th Series Stock Acquisition Rights, termination of unsecured private bond facilities, redemption of the 2nd Series unsecured private bonds, issuance of the 47th and 48th Series Stock Acquisition Rights and 2nd Series unsecured convertible bond-type stock acquisition rights, and a business alliance agreement with Growth Partners Co., Ltd.
• Corrections included revisions to the wording in “Purpose and Reasons for Termination of Bond Facility Agreement and Redemption of 2nd Series Unsecured Private Bonds” and a change in the order of certain phrases within “Transfer Restrictions and Exercise Quantity Limitations of the 47th Series Stock Acquisition Rights”.
• The estimated issuance expenses in “Amount of Funds to be Raised, Use, and Scheduled Expenditure Period” were corrected from “¥303,870,570” to “¥303,870,000,” and the estimated net proceeds were corrected from “¥8,196,131,745” to “¥8,196,132,315.”
• In the section “Rationality of Issuance Conditions,” specific figures were added regarding the valuation of the bond with stock acquisition rights: the practical consideration for the stock acquisition rights, as calculated by independent third-party valuer Akasaka Kokusai Kaikei, was stated to range from “¥6.8 to ¥9.5 per ¥100 of bond face value,” and the fair value of the stock acquisition rights was stated as “¥4.2 per ¥100 of bond face value.”

This correction clarifies previously announced details regarding significant fundraising and business alliance activities. The adjustments, including minor changes to financial figures and phrasing, provide greater specificity, particularly in the valuation of the bond with stock acquisition rights. The addition of precise figures for practical consideration and fair value may enhance the transparency of the issuance terms, offering investors a clearer understanding of the underlying economics of the transaction.

• Digital Knowledge Co., Ltd. announced on August 25, 2026, a partial correction to its “FY2026 Q2 Financial Results (Japanese GAAP) (Consolidated)” originally disclosed on July 15, 2026.
• Due to numerous corrections, the full corrected text is attached, with changes underlined.
• The corrected consolidated operating results for FY2026 Q2 (December 1, 2025 – May 31, 2026) show net sales of ¥1,757 million (+6.7% YoY), operating profit of ¥139 million (+35.2% YoY), ordinary profit of ¥133 million (+11.4% YoY), and net income attributable to owners of parent of ¥81 million (+155.4% YoY).
• Corrected figures include basic earnings per share of ¥63.53 and diluted earnings per share of ¥59.13.
• The consolidated full-year earnings forecast for FY2026 (December 1, 2025 – November 30, 2026) remains unchanged, with projected net sales of ¥3,483 million (+4.7% YoY) and net income attributable to owners of parent of ¥180 million (+26.1% YoY).

This IR addresses a correction to previously released interim financial results, primarily involving numerical adjustments. The revised figures indicate significant profit growth across various metrics for the first half of FY2026 compared to the previous year, with the substantial increase in net income attributable to owners of parent being a key highlight. However, as the full-year earnings forecast remains unchanged, this correction might suggest an adjustment within the company’s existing strategic plans.

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

• Osaka Titanium Technologies announced on August 25, 2026, the completion of the interim review by certified public accountants for its Q1 FY2027 non-consolidated financial statements.
• This interim review was conducted in relation to the new share issuance and secondary offering resolved at the Board of Directors meeting held on August 25, 2026.
• There are no changes to the quarterly financial statements previously disclosed on August 7, 2026.
• For the first quarter of FY2027 (April 1, 2026 – June 30, 2026), consolidated results showed net sales of JPY 12,382 million (up 2.3% year-on-year), operating profit of JPY 1,250 million (up 82.7%), ordinary profit of JPY 1,405 million (up 216.5%), and quarterly net profit of JPY 784 million (up 302.8%).
• Segment-wise, the Titanium Business reported net sales of JPY 10,306 million (down 1.6%) and operating profit of JPY 751 million (up 31.3%), while the High-Performance Materials Business recorded net sales of JPY 2,075 million (up 27.4%) and operating profit of JPY 499 million (up 345.5%).

The completion of the interim review by certified public accountants may be seen as a necessary step to proceed with capital policies such as new share issuance and secondary offering. The confirmation that there are no changes to the previously disclosed financial statements could enhance investor confidence in the reported figures. While robust demand in the commercial aircraft sector and AI-related markets contributed positively to the results, the impact of falling titanium ore prices and sluggish domestic demand in some areas is worth monitoring as a continuing factor.

• ABIST announced its financial results for the third quarter of the fiscal year ending September 2026.
• Net sales for the quarter amounted to 8,529 million JPY, representing an 8.1% increase compared to the same period of the previous year.
• Operating profit reached 780 million JPY, an increase of 12.2% year-on-year.
• Ordinary profit was 790 million JPY (up 12.1% YoY), and net profit for the period was 514 million JPY (up 25.2% YoY).
• The progress rates towards the full-year plan are 76.2% for net sales, 91.8% for operating profit, 92.9% for ordinary profit, and 87.1% for net profit.
• Key drivers for the increase in sales and profits included a year-on-year increase in sales per person-month for dispatch and contract services, and an increase in the number of operational personnel for contract work.

ABIST’s Q3 FY2026 results demonstrate robust year-over-year growth in both sales and profits, with significant progress made towards full-year targets. The high progress rate, especially for operating profit exceeding 90%, suggests effective management of profitability. This performance could indicate that the company’s strategies to address challenges such as “unit price improvement” and the “increase in sales per person-month for combined contract and dispatch services,” as highlighted in the IR document, are proving successful.

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

• ReYuu Japan Inc. resolved to execute a share transfer agreement for iPro Inc. at its Board of Directors meeting on August 25, 2026, and signed the agreement on the same date.
• iPro Inc. operates businesses including repair of smartphones, tablets, PCs, and gaming consoles, as well as buying and selling used smartphones and PCs, and franchise operations.
• After the acquisition, ReYuu Japan’s voting rights ratio will be 100.0%, making iPro Inc. a consolidated subsidiary.
• The number of shares acquired is 100, with a share transfer price of 399,700 thousand yen. The total acquisition cost, including advisory fees estimated at 45,000 thousand yen, amounts to approximately 444,700 thousand yen.
• The scheduled date for the execution of the share transfer is October 13, 2026.

This announcement confirms ReYuu Japan’s formal decision to acquire iPro Inc., following the basic agreement signed on July 2, 2026, which may contribute to strengthening the company’s business foundation in the reuse mobile-related sector. iPro’s expertise in repair, buyback, and sales could potentially enhance ReYuu Japan Group’s device procurement capabilities, quality control systems, and expand sales opportunities. The specific impact on consolidated performance for the fiscal year ending October 2026 is currently under review, making future disclosures worth monitoring.

• G-KAIHO Co., Ltd. has completed the full acquisition of SPAME Inc. through a simplified stock swap.
• The effective date of the stock swap was August 25, 2026, and all procedures were finalized on this date.
• Consequently, SPAME Inc. has become a 100% consolidated subsidiary of G-KAIHO.
• G-KAIHO now holds 500,000 shares of SPAME Inc., representing 100% of the voting rights.
• The consolidation of SPAME Inc.’s profit and loss into G-KAIHO’s consolidated financial statements is planned to begin from the first quarter of the fiscal year ending September 2027 (contingent on approval of the change in fiscal year end).
• The impact of this acquisition on G-KAIHO’s full-year consolidated results is currently under review and will be disclosed promptly once completed.

This IR confirms the successful conclusion of the previously announced simplified stock swap, resulting in SPAME Inc. becoming a wholly-owned subsidiary of G-KAIHO. This integration is expected to alter the company’s overall business portfolio. Investors may wish to monitor the forthcoming disclosure regarding the specific impact on G-KAIHO’s consolidated financial performance, which is currently being assessed.

• ADR Biomedica Holdings announced on August 25, 2026, that its Board of Directors resolved to continue the shareholder special benefits program.
• The objective of the program is to thank shareholders for their ongoing support, deepen their understanding and support for the company’s business, and encourage an increase in long-term shareholders.
• Eligible shareholders are those holding 100 shares or more recorded on the company’s shareholder register as of the end of September and the end of March each year.
• The benefit consists of a 2,500 yen QUO card per record date, distributed twice a year.
• This shareholder benefit program was originally introduced in 2024.

The continuation of the shareholder special benefits program may signal the company’s commitment to returning value to existing shareholders and attracting new long-term investors. Offering QUO cards twice a year could serve as an incentive for shareholders to maintain their holdings, potentially contributing to a stable shareholder base. This move might be seen as an indication of management’s focus on shareholder engagement.

• Orchestra Holdings and Sharing Innovations announced the signing of a stock exchange agreement today, following resolutions by their respective boards of directors.
• Orchestra Holdings will become the wholly owning parent company, and Sharing Innovations will become the wholly owned subsidiary through a simplified stock exchange.
• The effective date of this stock exchange is scheduled for November 30, 2026.
• Sharing Innovations’ common shares are scheduled to be delisted from the Tokyo Stock Exchange Growth market on November 26, 2026 (final trading day is November 25, 2026).
• Sharing Innovations plans to seek approval for this stock exchange agreement at an extraordinary general meeting of shareholders scheduled for October 26, 2026.

This complete acquisition is likely intended to facilitate integrated utilization of management resources and accelerate decision-making within the Orchestra Holdings group. For Sharing Innovations, it could lead to reduced listing maintenance costs, enhanced investment capacity through closer collaboration with the parent company, and stronger responses to talent acquisition competition and generative AI adoption. Investors may wish to monitor how this integration contributes to the business strategies of both companies and the overall corporate value of the group.

• G-TIMS Inc. (Code: 4891) announced a correction to a part of its “Q2 FY2026 Financial Results Presentation Material” on August 25, 2026.
• The original material was published on August 14, 2026.
• The correction specifically concerns page 9, titled “Progress of Clinical Trials for TMS-007 (JX10),” where a section highlighted in red in the attached appendix has been deleted.
• The corrected presentation material is available on the company’s investor relations website at https://www.tms-japan.co.jp/ja/ir.html.

Corrections to financial presentation materials by listed companies are critical for investors to maintain an accurate understanding of the company’s operations. For a biotech firm, a correction related to clinical trial progress can be particularly significant, as it pertains to core business activities. Investors may want to compare the original and corrected documents to understand the nature and implications of the changes. This type of disclosure highlights the importance of precise and timely information for market participants.