Japan Stock IR Daily – August 26, 2026 (43 reports)

• Reicious Co., Ltd. was listed on the TOKYO PRO Market of the Tokyo Stock Exchange on August 26, 2026.
• For the fiscal year ending June 2027 (July 1, 2026 to June 30, 2027), the company forecasts net sales of ¥19,463 million (up 3.5% year-on-year), operating income of ¥818 million (up 45.4%), ordinary income of ¥588 million (up 105.0%), and net income of ¥366 million (up 110.5%).
• The results for the fiscal year ended June 2026 were net sales of ¥18,809 million, operating income of ¥562 million, ordinary income of ¥287 million, and net income of ¥174 million.
• Diluted earnings per share (EPS) are projected at ¥666.74 for FY2027 and reported at ¥316.75 for FY2026.
• A 10-for-1 reverse stock split was conducted on June 1, 2026, and EPS calculations for FY2025 and FY2026 assume this split was effective at the beginning of FY2025.

The simultaneous announcement of the FY2027 earnings forecast with its listing highlights a significant projected increase in ordinary and net income, alongside revenue growth. This appears to be driven by the company’s strategy to maintain stable revenue from its real estate rental management business while actively expanding into investment condominium planning, development, and sales, as well as adjacent areas such as life insurance, real estate brokerage, overseas operations, and real estate securitization. Given the uncertain market environment, the execution and progress of these growth strategies could be a key factor for investors to monitor going forward.

• Takasho Co., Ltd. announced on August 26, 2026, a partial correction to its “Q2 FY2027 Earnings Digest” published on August 25, 2026.
• The reason for the correction was the discovery of an error in some of the descriptions.
• This correction applies only to the “Q2 FY2027 Earnings Digest” and does not affect previously announced financial statements.
• The revised operating profit is ¥386 million (101.0% year-on-year), an upward revision from the previous ¥383 million (100.5%).
• The revised ordinary profit is ¥463 million (132.8% year-on-year), and net profit attributable to parent company for the interim period is ¥173 million (150.7% year-on-year), both revised upward from the previous ¥461 million (132.1%) and ¥170 million (148.8%), respectively.

This correction involves a slight upward revision of figures within the earnings digest, with no impact on previously announced official financial statements. However, as the corrections show an increase in profit figures across the board, it could be perceived as a positive update for investors. Attention may be drawn to Takasho’s progress in revenue structure reforms and growth strategies.

• P-Chuo Group reported consolidated net sales of 332 million yen (up 3.5% year-on-year) for the interim period of the fiscal year ending December 2026 (January 1, 2026 – June 30, 2026).
• Consolidated operating profit reached 14 million yen (up 182.8% year-on-year), and consolidated ordinary profit was 18 million yen (up 59.6% year-on-year).
• Net profit attributable to owners of the parent company amounted to 16 million yen (up 118.0% year-on-year).
• As of the end of the interim period, total assets stood at 1,687 million yen, net assets at 813 million yen (up 6.3% from the previous fiscal year-end), and the equity ratio was 44.0%.
• The full-year consolidated earnings forecast and dividend forecast for the fiscal year ending December 2026 remain unchanged, projecting net sales of 641 million yen, operating profit of 1 million yen, ordinary profit of 13 million yen, net profit attributable to owners of the parent of 8 million yen, and an annual dividend of 0.00 yen.

This interim report indicates significant improvements in profitability, with operating profit, ordinary profit, and net profit attributable to owners of the parent company showing substantial increases despite a modest rise in net sales. The 182.8% surge in consolidated operating profit year-on-year is a key highlight, suggesting enhanced operational efficiency. The growth in net assets also points to a strengthening financial position.

• NEXT FUNDS TOPIX Core 30 Exchange Traded Fund (Code: 1311) announced its earnings report for the fiscal year ended July 2026.
• As of July 15, 2026, Net Assets totaled JPY 15,972 million, a decrease from JPY 18,780 million at the end of the previous fiscal period (July 15, 2025).
• The Net Asset Value per 100 units for the fiscal year ended July 2026 was JPY 210,278, which represents an increase compared to JPY 147,152 at the end of the previous fiscal period.
• The Dividend per 100 units for the fiscal year ended July 2026 was announced as JPY 4,800, an increase from JPY 2,490 in the previous fiscal period.
• The number of Issued Units at the end of the current fiscal period (July 15, 2026) was 7,595 thousand units, a decrease from 12,762 thousand units at the end of the previous fiscal period (July 15, 2025).

The FY2026 July earnings report for NFTPX30 shows a decrease in net assets while the Net Asset Value per 100 units and dividend per 100 units both increased. This could suggest that a reduction in issued units may have contributed to a higher per-unit value or enhanced distributable earnings. Investors may wish to consider these factors when evaluating the fund’s performance.

• NEXT FUNDS TOPIX Banks Exchange Traded Fund (1615) announced its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Total net assets at the end of July 2026 were JPY 426,189 million, an increase from JPY 195,476 million in the prior fiscal year.
• The amount of primary invested assets, stocks, stood at JPY 410,760 million at the end of July 2026, up from JPY 193,840 million in the previous fiscal year.
• The Net Asset Value (NAV) per 100 units was JPY 76,588 at the end of July 2026, compared to JPY 39,505 in the prior fiscal year.
• Dividend payment per 100 units for the fiscal year ended July 2026 was JPY 2,090, an increase from JPY 2,002 in the prior fiscal year.
• The number of issued units at the end of the current fiscal period was 556,470 thousand units, up from 494,811 thousand units at the end of the previous fiscal period.

The FY2026 earnings report for NEXT FUNDS TOPIX Banks ETF (1615) highlights significant year-over-year growth in total net assets and primary invested assets (stocks), which may suggest an expansion in the fund’s scale and managed assets. The notable increase in both NAV per 100 units and dividend payment per 100 units could indicate an improved performance for investors during this period.

• NEXT FUNDS TOPIX-17 FOODS ETF (1617) released its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) on August 26, 2026.
• Total net assets at the end of the fiscal year July 2026 were JPY 3,829 million, a decrease from JPY 3,957 million at the end of the previous fiscal year (July 2025).
• The Net Asset Value per 10 units for the fiscal year ended July 2026 was JPY 467,677, showing an increase compared to JPY 375,197 at the end of the previous fiscal year.
• The announced dividend per 10 units for the fiscal year ended July 2026 was JPY 10,360, an increase from JPY 9,410 in the previous fiscal period.
• Primary invested assets were stocks, accounting for 99.1% (JPY 3,795 million) of total assets at the end of July 2026.

This earnings report provides a snapshot of the NEXT FUNDS TOPIX-17 FOODS ETF’s asset status and operational performance for the fiscal year ended July 2026. While net assets decreased and issued units fluctuated, the increase in Net Asset Value per 10 units and dividend per 10 units could be of interest to investors focusing on fund efficiency and distribution. These figures may suggest the impact of market trends within the food sector, where the fund primarily invests.

• NEXT FUNDS TOPIX-17 ENERGY RESOURCES ETF (1618) has announced its financial results for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026).
• Total net assets at the end of FY2026 were JPY 2,454 million, an increase compared to JPY 1,116 million in the previous fiscal year.
• The net asset value per 10 units reached JPY 325,120, up from JPY 201,841 in the prior fiscal year.
• The dividend per 10 units was JPY 7,420, an increase from JPY 6,530 in the previous fiscal year.
• The amount of primary invested assets in stocks increased from JPY 1,108 million at the end of FY2025 to JPY 2,437 million at the end of FY2026.

The FY2026 financial results for NEXT FUNDS TOPIX-17 ENERGY RESOURCES ETF indicate a substantial year-over-year increase in both net assets and net asset value per 10 units, suggesting growth in the fund’s scale. The higher dividend payment is also a noteworthy point for unitholders. These figures may reflect the fund’s operational performance and prevailing market conditions within the energy resources sector.

• NEXT FUNDS TOPIX-17 CONSTRUCTION & MATERIALS ETF (Code: 1619) announced its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026).
• Total net assets for the fiscal year ended July 2026 amounted to JPY 15,557 million, an increase from JPY 3,839 million in the previous fiscal year.
• The primary invested asset, stocks, was recorded at JPY 15,512 million for the fiscal year ended July 2026, comprising 99.7% of total net assets.
• The number of issued units at the end of the current fiscal period was 317 thousand units, up from 116 thousand units at the end of the previous fiscal period.
• The Net Asset Value per 10 units was JPY 489,673 for the fiscal year ended July 2026.
• The dividend per 10 units was JPY 8,090 for the fiscal year ended July 2026.

The FY2026 earnings report for NEXT FUNDS TOPIX-17 CONSTRUCTION & MATERIALS ETF indicates substantial growth in both net assets and Net Asset Value per 10 units, suggesting a significant expansion in fund size. The allocation of the vast majority of net assets to stocks implies a robust performance of its investments in the TOPIX-17 Construction & Materials Index constituents. While the dividend per 10 units decreased compared to the previous year, the appreciation in Net Asset Value and the increase in issued units are noteworthy developments.

• NEXT FUNDS TOPIX-17 RAW MATERIALS & CHEMICALS ETF (Code: 1620) released its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Net assets for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) totaled JPY 1,939 million, an increase of approximately 68.3% from JPY 1,152 million in the previous fiscal year.
• The amount of primary invested assets, stocks, increased from JPY 1,147 million in the previous fiscal year to JPY 1,932 million, representing 99.6% of net assets.
• The number of issued units at the end of the current fiscal period (as of July 15, 2026) was 49 thousand units, up from 41 thousand units at the end of the previous fiscal period.
• The net asset value per 10 units was JPY 393,034, an increase from JPY 279,537 in the previous fiscal year.
• The dividend per 10 units was JPY 5,580, which is a decrease from JPY 7,790 in the previous fiscal year.

This earnings report indicates a significant increase in the net assets of NEXT FUNDS TOPIX-17 RAW MATERIALS & CHEMICALS ETF compared to the previous fiscal year, which appears to be driven by an increase in its primary invested assets, stocks. The rise in both issued units and net asset value per 10 units may suggest an expansion in the fund’s scale and improved operational performance. However, investors should note the decrease in dividend per 10 units when evaluating the overall results.

• NEXT FUNDS TOPIX-17 PHARMACEUTICAL ETF (Code: 1621) announced its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) on August 26, 2026.
• Total net assets at the end of the fiscal year July 2026 were JPY 5,744 million, an increase from JPY 4,288 million in the prior fiscal year, with primary invested assets in stocks amounting to JPY 5,726 million (vs. JPY 4,268 million in the prior year).
• The number of issued units increased from 170 thousand units at the end of the previous fiscal period to 198 thousand units at the end of the current fiscal period.
• Net Asset Value per 10 units as of the end of July 2026 was JPY 289,118, up from JPY 251,384 in the prior fiscal year.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 6,970 (vs. JPY 5,350 in the prior year), with the dividend payment scheduled to commence on August 21, 2026.

This earnings report provides investors with key performance indicators of the ETF, including net assets, net asset value, and dividends. The increases in net assets and net asset value may suggest the fund’s growth in size and improved operational performance. Furthermore, the rise in dividend per 10 units could indicate an enhanced distribution level for investors.

• NEXT FUNDS TOPIX-17 AUTOMOBILES & TRANSPORTATION EQUIPMENT ETF (Code: 1622) announced its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) on August 26, 2026.
• Total net assets at the end of the current fiscal period (as of July 15, 2026) amounted to JPY 4,486 million, an increase from JPY 2,312 million at the end of the previous fiscal period (as of July 15, 2025).
• Stocks, the primary invested assets, accounted for JPY 4,471 million at the end of FY2026 July, representing 99.7% of the total net assets.
• The Net Asset Value per 10 units at the end of FY2026 July was JPY 330,233, which increased compared to JPY 290,412 at the end of the previous fiscal period.
• The dividend payment per 10 units for FY2026 July was JPY 5,720, a decrease from JPY 8,400 in the previous fiscal period (FY2025 July).

This earnings report indicates an increase in both net assets and the Net Asset Value per 10 units compared to the previous fiscal period, suggesting growth in the fund’s size and value. This trend may reflect the performance of the underlying “TOPIX-17 AUTOMOBILES & TRANSPORTATION EQUIPMENT Total Return Index” and its constituent stocks. However, the dividend payment per 10 units decreased year-over-year, which could indicate a fluctuation in dividend income.

• NEXT FUNDS TOPIX-17 STEEL & NONFERROUS METALS ETF (1623) released its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) on August 26, 2026.
• Net assets for the fiscal year ended July 2026 amounted to JPY 6,885 million, an increase from JPY 936 million in the fiscal year ended July 2025.
• The primary invested assets during this period were stocks, totaling JPY 6,877 million (99.9% of total assets).
• The Net Asset Value per 10 units rose to JPY 642,248 for the fiscal year ended July 2026, up from JPY 280,138 in the fiscal year ended July 2025.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 5,570.
• The number of issued units increased from 33 thousand units at the end of the previous fiscal period to 107 thousand units at the end of the current fiscal period.

The FY2026 July earnings report for NEXT FUNDS TOPIX-17 STEEL & NONFERROUS METALS ETF indicates a substantial increase in net assets and Net Asset Value per 10 units compared to the previous fiscal year, suggesting a significant expansion in the fund’s size. Given that stocks constitute 99.9% of the primary invested assets, the fund’s performance is likely to be heavily influenced by the broader market trends within the steel and nonferrous metals sectors. The disclosed dividend per 10 units may also be a point of interest for investors.

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

• NEXT FUNDS TOPIX-17 MACHINERY ETF (Code: 1624) released its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Total net assets for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) amounted to JPY 3,557 million, an increase from JPY 1,705 million in the prior fiscal year (FY ended July 2025).
• The primary invested assets consisted of stocks, accounting for 99.8%, with cash, deposits, and other assets (excluding liabilities) making up 0.2%.
• The number of issued units at the end of the current fiscal period (as of July 15, 2026) was 39 thousand units, an increase from 26 thousand units at the end of the previous fiscal period (as of July 15, 2025).
• The net asset value per 10 units was JPY 891,316 for the fiscal year ended July 2026, an increase from JPY 633,868 in the prior fiscal year.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 7,600, which is a decrease from JPY 28,210 in the prior fiscal year.

The FY2026 July earnings report for NEXT FUNDS TOPIX-17 MACHINERY ETF (1624) highlights a significant increase in total net assets, nearly doubling year-over-year, alongside a substantial rise in net asset value per 10 units. This could indicate strong performance of the underlying assets or increased investor interest leading to higher unit creations. However, the notable decrease in dividend per 10 units compared to the previous year is a point that investors may want to consider when assessing the fund’s income distribution.

• NEXT FUNDS TOPIX-17 ELECTRIC APPLIANCES & PRECISION INSTRUMENTS ETF (Code: 1625) released its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Net assets as of July 15, 2026, totaled JPY 16,950 million, marking an increase compared to JPY 5,763 million at the end of the previous fiscal year (July 15, 2025).
• The Net Asset Value (NAV) per 10 units for the fiscal year ended July 2026 was JPY 671,316, an increase from JPY 386,055 in the prior fiscal year.
• The number of issued units at the end of the fiscal year ended July 2026 was 252 thousand units, up from 149 thousand units in the previous fiscal year.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 2,960.

This earnings report indicates a significant increase in net assets and a rise in the NAV per 10 units during the period, suggesting robust fund performance. The growth in issued units may reflect increased investor demand for this specific ETF. However, the dividend per 10 units decreased compared to the previous fiscal year, which could be a point of interest for investors focused on dividend yields.

• NEXT FUNDS TOPIX-17 IT & SERVICES, OTHERS ETF (Code: 1626) released its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Total net assets for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) amounted to JPY 6,158 million, an increase from JPY 2,468 million in the previous fiscal period.
• The primary invested asset, stocks, totaled JPY 6,150 million (99.9% of total assets) for the fiscal year ended July 2026.
• The number of issued units at the end of the current fiscal period was 137 thousand units, up from 63 thousand units at the end of the previous fiscal period.
• Net Asset Value per 10 units increased to JPY 447,341 from JPY 390,767 in the previous fiscal period.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 5,180.
• The scheduled date for the submission of the securities report is September 29, 2026, and dividend payment commenced on August 21, 2026.

NEXT FUNDS TOPIX-17 IT & SERVICES, OTHERS ETF (1626) reported an increase in both net assets and Net Asset Value per 10 units for the fiscal year ended July 2026. This appears to be driven by an increase in its primary invested assets, stocks, and an expansion in the number of issued units. These metrics provide a basis for investors to assess the fund’s operational status and performance over the period.

• NEXT FUNDS TOPIX-17 ELECTRIC POWER & GAS ETF (Code: 1627) announced its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Total net assets for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) were JPY 3,311 million.
• Primary invested assets, consisting of stocks, amounted to JPY 3,308 million, representing 99.9% of total net assets.
• The net asset value per 10 units for the fiscal year ended July 2026 was JPY 114,371, and the dividend per 10 units was JPY 1,680.
• The scheduled date for the submission of the securities report is September 29, 2026, and dividend payments commenced on August 21, 2026.

This ETF aims to track the TOPIX-17 Electric Power & Gas Total Return Index, which is linked to the electric power and gas sectors. The substantial proportion of stocks in its asset composition suggests that the performance of these sectors directly influences the fund’s results. The reported increase in net assets and dividend per 10 units for the fiscal year ended July 2026 compared to the prior year could indicate a positive trend in the fund’s operational status.

• NEXT FUNDS TOPIX-17 TRANSPORTATION & LOGISTICS ETF (1628) announced its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Net assets for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) amounted to JPY 2,291 million, a decrease from JPY 3,914 million in the previous fiscal period.
• The number of issued units at the end of the fiscal period was 109 thousand units, down from 207 thousand units at the end of the previous fiscal period.
• The Net Asset Value (NAV) per 10 units was JPY 209,964, an increase from JPY 188,745 in the prior year.
• The dividend per 10 units remained unchanged at JPY 6,530 for both the fiscal year ended July 2026 and July 2025.
• The dividend payment commencement date is scheduled for August 21, 2026.

NEXT FUNDS TOPIX-17 TRANSPORTATION & LOGISTICS ETF aims to track the TOPIX-17 Transportation & Logistics Total Return Index. The decrease in net assets and issued units could suggest a net outflow of funds from the ETF, which investors may wish to monitor. Conversely, the rise in NAV per 10 units and the maintenance of the dividend per 10 units may be viewed as positive aspects for existing unit holders.

• NEXT FUNDS TOPIX-17 COMMERCIAL & WHOLESALE TRADE ETF (Code: 1629) announced its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Total net assets for the fiscal year ended July 2026 amounted to JPY 41,441 million, an increase from JPY 8,373 million in the previous fiscal year.
• The number of issued units at the end of the current fiscal period was 162,630 thousand units, a significant increase from 99 thousand units at the end of the previous fiscal period.
• The net asset value per 10 units was JPY 2,548.
• A unit split was conducted on April 1, 2026, at a ratio of 500 units for every 1 unit of beneficiary interest.
• The dividend per 10 units was JPY 24.

The fiscal year ended July 2026 results for NEXT FUNDS TOPIX-17 COMMERCIAL & WHOLESALE TRADE ETF (1629) reveal a substantial increase in net assets and issued units, suggesting significant growth in the fund’s size. The unit split implemented on April 1, 2026, could potentially enhance liquidity and accessibility for investors by making the trading unit smaller. These developments may indicate increased market presence and growing investor interest in the fund.

• NEXT FUNDS TOPIX-17 RETAIL TRADE ETF (1630) announced its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) on August 26, 2026.
• Total net assets for the period were JPY 2,335 million (compared to JPY 2,595 million in the prior period).
• The Net Asset Value (NAV) per 10 units was JPY 375,534 (compared to JPY 328,703 in the prior period).
• The dividend payment per 10 units was JPY 5,480 (compared to JPY 7,860 in the prior period).
• The number of issued units at the end of the fiscal period was 62 thousand units (compared to 78 thousand units in the prior period).

The FY2026 July earnings report for NEXT FUNDS TOPIX-17 RETAIL TRADE ETF shows a decrease in total net assets but an increase in NAV per 10 units compared to the previous period. This divergence could be associated with the reduction in the number of issued units. The reported dividend per 10 units decreased from the prior period, which may be a point of interest for investors regarding the fund’s distribution policy.

• NEXT FUNDS TOPIX-17 BANKS ETF (1631) released its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026) on August 26, 2026.
• Total net assets for the period amounted to JPY 24,818 million, an increase from JPY 11,562 million in the previous fiscal year.
• The net asset value per 10 units was JPY 414,064, showing an increase compared to JPY 211,920 in the prior fiscal year.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 7,680 (compared to JPY 8,470 in the fiscal year ended July 2025).
• Primary invested assets consisted of stocks totaling JPY 24,059 million (96.9% of total assets) and cash, deposits, and other assets (excluding liabilities) of JPY 759 million (3.1% of total assets).
• The dividend payment commencement date is scheduled for August 21, 2026.

The fiscal year 2026 July earnings report for NEXT FUNDS TOPIX-17 BANKS ETF (1631) highlights a substantial increase in both net assets and net asset value per 10 units compared to the previous year. This performance may suggest a positive trend in the underlying banking sector, impacting the fund’s asset valuation. However, the decrease in dividend per 10 units from the prior year is noteworthy and could indicate shifts in the total return of the TOPIX-17 Banks Index or adjustments in the fund’s distribution policy, which investors may find worth monitoring.

• NEXT FUNDS TOPIX-17 FINANCIALS (EX BANKS) ETF (1632) announced its earnings report for the fiscal year ended July 2026 (July 16, 2025 – July 15, 2026).
• Total net assets as of July 2026 were JPY 15,618 million, an increase from JPY 11,346 million in the previous fiscal year.
• The primary invested assets, stocks, amounted to JPY 15,586 million (99.8% of assets) at the end of July 2026.
• Net Asset Value per 10 units was JPY 426,596, up from JPY 289,025 in the previous fiscal year.
• The dividend per 10 units for the fiscal year ended July 2026 was JPY 11,120, an increase from JPY 7,270 in the prior year.
• The scheduled date of submission of the securities report is September 29, 2026, and the date of commencing dividend payment is August 21, 2026.

The fiscal year 2026 earnings report for NEXT FUNDS TOPIX-17 FINANCIALS (EX BANKS) ETF (1632) indicates growth in net assets and Net Asset Value per 10 units, along with an increased dividend payout compared to the previous year. This performance could suggest a favorable market environment for the “Financials (Excluding Banks)” sector, which constitutes the fund’s primary invested assets, during the reported period. These metrics, reflecting the ETF’s operational status, may provide valuable insights for investors in assessing their portfolio rebalancing and investment strategies.

• NEXT FUNDS TOPIX-17 REAL ESTATE ETF (1633) announced its earnings report for the fiscal year ended July 2026 on August 26, 2026.
• Net assets for the fiscal year ended July 2026 amounted to JPY 3,046 million, an increase from JPY 1,825 million at the end of the previous fiscal period.
• The Net Asset Value per 10 units for the same period was JPY 521,314 (JPY 410,286 for the fiscal year ended July 2025).
• The dividend per 10 units was announced as JPY 7,580 (JPY 11,980 for the fiscal year ended July 2025).
• The scheduled date for the submission of the securities report is September 29, 2026, and the dividend payment commencement date is August 21, 2026.

The fiscal year 2026 earnings report for NEXT FUNDS TOPIX-17 REAL ESTATE ETF shows a significant increase in both net assets and Net Asset Value per 10 units, which could suggest improved fund performance. However, the dividend per 10 units has decreased compared to the previous year, a point that investors may wish to consider. As an ETF primarily invested in stocks linked to the real estate sector, its asset composition and market trends will likely remain key factors for future performance.

• Okada Aiyon Corporation announced its consolidated financial results for the first quarter of the fiscal year ending March 2027.
• Net sales were ¥5,978 million (down 3.0% year-on-year), operating profit was ¥339 million (down 34.4%), ordinary profit was ¥376 million (down 26.3%), and net profit attributable to owners of parent was ¥216 million (down 33.9%).
• In the domestic segment, sales decreased by 6.0% to ¥4,255 million, primarily due to a decline in crusher sales. However, hydraulic breakers, grapples, and after-sales business (parts and repairs) recorded increased sales.
• The overseas segment achieved a 5.5% increase in sales to ¥1,722 million, driven by growth in North America and Asia, despite a decrease in sales in the European region due to investment restraint.
• The full-year consolidated financial forecast remains unchanged from the initial projection: net sales of ¥28.5 billion, operating profit of ¥2.5 billion, ordinary profit of ¥2.5 billion, and net profit attributable to owners of parent of ¥1.7 billion.

While the decline in domestic crusher demand impacted overall performance in the first quarter, the growth in the overseas segment, particularly in North America and Asia, is a noteworthy point for investors. The company’s decision to maintain its full-year forecast could indicate an expectation for recovery in subsequent quarters.

• ALPHA Corporation reported revenue of ¥19,793 million for Q1 FY2027, an increase of ¥3,090 million (18.5%) compared to the prior-year period.
• Operating profit improved from a loss of ¥94 million in the prior-year period to a profit of ¥310 million, returning to profitability.
• The gross profit margin improved by 2.6 percentage points year-over-year, influenced by an 8.8-point improvement in the direct material ratio and a 0.8-point improvement in the processing cost ratio.
• Foreign exchange differences resulted in a loss of ¥100 million, mainly due to currency translation effects in the European region.
• For the full fiscal year, the company forecasts revenue of ¥73,000 million (0.4% increase YoY) and operating profit of ¥1,500 million (77.9% increase YoY).

ALPHA Corporation’s Q1 FY2027 results indicate a positive start to the fiscal year with increased revenue and a return to operating profitability, which is a key highlight. The improvement in gross profit margin, driven by better direct material and processing cost ratios, suggests effective cost management initiatives. However, the reported foreign exchange loss in the European region may be worth monitoring as a potential factor in their global operations.

• DYNAPAC announced its interim financial results for the fiscal year ending December 2026 (January 1, 2026 – June 30, 2026).
• Consolidated interim results showed sales of 36.3 billion yen (up 15.1% year-on-year), operating income of 2.0 billion yen (up 42.8%), and ordinary income of 2.6 billion yen (up 45.8%), all reaching new record highs. Net income attributable to owners of the parent was 1.8 billion yen (up 5.5%).
• Key factors contributing to the increase in sales and profits included higher domestic sales (especially for fruits, vegetables, and processed foods), improved productivity, steady progress in product price revisions, recovery in overseas sales (Vietnam), and M&A effects.
• The full-year forecast for the fiscal year ending December 2026 was revised upwards, projecting sales of 75.0 billion yen, operating income of 4.2 billion yen, ordinary income of 4.8 billion yen, and net income attributable to owners of the parent of 3.4 billion yen.
• Following the interim results and full-year forecast revision, the company announced that all financial targets set in its Medium-Term Management Plan (2024-2026) – sales, operating income, operating profit margin, and ROE – are now expected to be achieved.
• The year-end dividend forecast was revised to 90 yen per share, an increase of 10 yen from the previous forecast of 80 yen, marking an expected fourth consecutive year of dividend increases.

DYNAPAC’s interim results for the fiscal year ending December 2026 show significant strength, with sales, operating income, and ordinary income reaching new historical highs and substantially exceeding initial forecasts. This performance appears to be driven by robust domestic sales, productivity improvements, and the positive impact of product price revisions on profitability. The upward revision of the full-year forecast and the increased year-end dividend may suggest management’s confidence in sustained performance, and the anticipated achievement of all mid-term management plan targets could indicate effective strategic execution.

• GLOBE-ING Co., Ltd. reported consolidated revenue of 11.512 billion yen for the fiscal year ended May 2026, marking a 39.4% increase year-on-year.
• Profit attributable to owners of the parent company reached 2.875 billion yen, an 81.7% increase compared to the previous fiscal year.
• Basic earnings per share were 100.98 yen, and diluted earnings per share were 91.43 yen.
• For the fiscal year ending May 2027, the company forecasts consolidated revenue of 16.100 billion yen (+39.8% YoY) and profit attributable to owners of the parent of 3.381 billion yen (+17.6% YoY).
• The year-end dividend for FY2026 was 16.10 yen, with a total annual dividend of 16.10 yen.

GLOBE-ING’s financial results for the fiscal year ended May 2026 demonstrate substantial growth across revenue and profit metrics. This performance is attributed to the recruitment of mid-career consultants, securing new projects, expanding existing project scopes, and increasing Joint Initiative (JI) projects. The company’s positive outlook for the next fiscal year suggests continued momentum, making it a point of interest for investors.

• Market Enterprise Co., Ltd. released the video and transcript of its full-year earnings briefing for the fiscal year ending June 2026 on August 26, 2026.
• For the fiscal year ended June 2026, consolidated results showed net sales of ¥26.23 billion (up 5.9% year-on-year), gross profit of ¥8.082 billion (down 5.3% year-on-year), and net loss attributable to owners of the parent of ¥76 million.
• The net reuse business achieved increased revenue and profit, but delays in the revenue structure transformation of the mobile communication business impacted consolidated results.
• The company projects an operating profit of ¥350 million for the fiscal year ending June 2027.
• In the mobile communication business, the company aims to shift from a shot-based business model focused on new line acquisition to a stock-based model centered on recurring line usage fees, and plans to implement price increases.
• For the net reuse business, plans include opening a new buy-back specialty store in front of Shinjuku Station as a first step towards multi-store expansion in urban areas, and further improving productivity through AI utilization.

The consolidated decline in profit and net loss for the fiscal year is a critical point for investors to monitor, while the continued revenue and profit growth in the core net reuse business could be viewed as a positive. The success of the mobile communication business’s shift to a recurring revenue model will likely be key to future earnings improvement. Additionally, the planned expansion of real stores in urban areas and AI-driven productivity enhancements in the net reuse segment may present future growth drivers worth observing.

• Agent IGHolding released its Q&A summary for the Q2 FY2026 financial results on August 26, 2026.
• The company reported a significant profit increase, turning around from a net loss in the prior-year period for the first half, and stated efforts to continue improving profit margins in the second half.
• Regarding wholly-owned subsidiary Cosmo Ability Co., Ltd., sales have shown slight growth and are progressing well, with operating profit secured in the black.
• The partnership with Matsui Securities involves regular meetings and daily information sharing at the operational level, with expectations of a certain positive impact on revenue in the future, although specific figures were not disclosed.
• M&A and business succession are progressing at a pace of approximately 30 cases per quarter, with funds being utilized effectively, and the pipeline for deals is increasing.
• The current business environment is perceived as a “favorable tailwind” for the group due to industry restructuring driven by the revised Insurance Business Act and changing selection criteria by insurance companies.
• Increases in fire and automobile insurance premiums are expected to automatically boost commission revenue as retained premiums grow, positively impacting performance.

This IR provides insights into the company’s positive view on the business environment and the progress of its growth strategies, underlying the strong first-half performance despite maintaining full-year forecasts. The sustained M&A activities and the positive revenue impact from rising insurance premiums are key points for investors to monitor. The observed high level of institutional investor interest also suggests that future disclosures will be of significant importance.

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

• YAMABIKO’s Q2 FY2026 results show net sales of ¥103,782 million, a 13.7% increase year-on-year (YoY). Operating profit rose by 37.0% YoY to ¥16,086 million, and net profit attributable to parent company shareholders increased by 54.2% YoY to ¥11,578 million.
• By segment, Outdoor Power Equipment (OPE) recorded sales of ¥79,477 million (up 13.2% YoY), General Industrial Machinery sales were ¥10,590 million (up 54.1% YoY), and Agricultural Management Machinery sales were ¥12,547 million (down 3.0% YoY).
• Regionally (excluding foreign exchange effects), OPE sales in the Americas increased by 9.8% (North America up 10.7%), and General Industrial Machinery sales in the Americas surged by 192.0% (North America up 189.1%).
• The full-year FY2026 outlook has been revised upwards, with projected net sales of ¥190.0 billion (previously ¥185.0 billion), operating profit of ¥23.0 billion (previously ¥21.0 billion), ordinary profit of ¥23.0 billion (previously ¥20.0 billion), and net profit attributable to parent company shareholders of ¥16.5 billion (previously ¥15.0 billion).
• The assumed foreign exchange rates for Q3 and beyond were revised to JPY 155 per US dollar (previously JPY 150) and JPY 180 per Euro (previously JPY 175).

The robust Q2 performance, marked by significant increases in both sales and profits, appears to be primarily driven by strong sales in North American OPE and general industrial machinery segments. The improvement in cost of sales due to the refund of US tariffs also contributed to the profit growth. The upward revision of the full-year forecast seems to reflect favorable business conditions and the updated foreign exchange rate assumptions, while the decline in agricultural machinery sales may be attributed to a decrease in capital investment willingness among farmers due to low grain prices.

• Di-Nikko Engineering Co., Ltd. announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending December 2026.
• Consolidated net sales reached JPY 19,867 million, marking a 12.3% increase compared to the same period of the previous year.
• Consolidated operating profit was JPY 137 million, representing a 60.8% decrease year-on-year, primarily attributed to delays in responding to rising raw material costs in Japan.
• Net income attributable to owners of the parent company increased by 65.1% year-on-year to JPY 412 million. This was mainly due to an increase in non-operating income (e.g., interest received, subsidy income) and the recognition of a gain from step acquisition following the consolidation of TROIS TAKAYA in Thailand.
• Regionally, sales in Asia increased by 25.9% to JPY 12,006 million due to increased orders for in-vehicle related products, while sales in Japan decreased by 4.5% to JPY 7,754 million due to reduced orders for industrial equipment, office, and amusement products.

• Harada Kogyo has announced the financial results of its non-listed parent company, SJS Co., Ltd., for the fiscal year ended June 2026.
• SJS’s profile indicates its name as SJS Co., Ltd., headquartered in Seijo, Setagaya-ku, Tokyo. The representative is President Shoji Harada (who also serves as Chairman of Harada Kogyo). Its business focuses on asset management, with a capital of 80,000 thousand yen.
• Regarding the relationship with Harada Kogyo, SJS holds a 39.7% voting rights stake in Harada Kogyo. Shoji Harada holds representative positions in both companies. There are no direct transactional relationships.
• As of June 30, 2026, SJS’s Balance Sheet shows total assets of 2,494,640 thousand yen. A significant portion of these assets includes investments in affiliates totaling 2,369,326 thousand yen. Total liabilities were 1,652,798 thousand yen, and total net assets were 841,841 thousand yen.
• For the period from July 1, 2025, to June 30, 2026, SJS’s Income Statement shows no sales revenue. Non-operating income amounted to 63,156 thousand yen, including dividend income of 63,010 thousand yen. Non-operating expenses were 29,666 thousand yen, primarily interest expenses of 29,666 thousand yen. Net income for the period was 32,975 thousand yen.

The disclosure of a non-listed parent company’s financial results provides investors with valuable context for understanding the governance and potential strategic directions of Harada Kogyo. Given SJS’s primary business of asset management and its significant holding of affiliate shares, its financial health could indirectly influence the listed entity. Investors may also consider the parent company’s debt levels and repayment capacity as factors potentially relevant to Harada Kogyo’s overall stability.

• R-JHR announced its interim financial results for the fiscal year ending December 2026 (January 1, 2026, to June 30, 2026).
• Operating revenue increased by 5.1% year-over-year (YoY) to ¥22,568 million.
• Operating income rose by 1.6% YoY to ¥14,687 million, while ordinary income decreased by 4.7% to ¥11,789 million. Net income for the interim period also declined by 7.6% to ¥11,789 million.
• Earnings per unit for the interim period were ¥2,103 (compared to ¥2,504 in the prior year period).
• Total assets at the end of the period were ¥688,770 million, net assets were ¥342,250 million, and the equity ratio was 49.7%. Net assets per unit stood at ¥57,969.
• In March 2026, the company acquired “Hyatt Regency Tokyo” for ¥126,000 million, bringing the total portfolio to 52 properties with an aggregate acquisition price of ¥641,391 million.

While R-JHR’s interim results show an increase in operating revenue and income, a decline in ordinary and net income is observed. This could be influenced by costs associated with the acquisition of the Hyatt Regency Tokyo. Investors may want to monitor how the expansion of its portfolio and internal growth strategies will contribute to future profitability.

• R-Nippon Hotel & Resi announced on August 26, 2026, a correction to a portion of its “Financial Results for the Fiscal Period Ended May 2026 (REIT).”
• The correction pertains to page 39 of the financial results report dated July 22, 2026, specifically under “3. Reference Information (1) Information on Prices of Managed Assets ② Investment Assets b. Investment Real Estate Properties (c) Summary of Real Estate Appraisal Report.”
• The specific correction involves the “Appraisal NOI (Million yen)” for property number A-11, “Residence Makuhari Arena City,” which was revised from “62” (before correction) to “66” (after correction).
• Consequently, the total “Appraisal NOI (Million yen)” was also changed from “3,948” (before correction) to “3,952” (after correction).
• There were no changes to other figures such as “Appraisal Value (Million yen),” “Revenue Price (Direct Capitalization Method and DCF Method),” “Capitalization Rate,” “Discount Rate,” or “Terminal Capitalization Rate.”

This correction involves a revision to the Net Operating Income (NOI) figure within the real estate appraisal of a specific investment property, which may affect the assessed profitability of that asset and, consequently, the aggregate appraisal NOI of the portfolio. Investors may wish to note this update as it relates to the underlying valuation of a portfolio asset. As this pertains to supplementary information within the appraisal summary, its broader impact on the overall financial statements could be considered.

• G-MBS Co., Ltd. announced on August 26, 2026, a correction to a portion of its “Non-Consolidated Financial Results for the Fiscal Year Ended May 2026 [Japanese GAAP],” originally published on July 13, 2026.
• The reason for the correction is that certain descriptions required amendment during the preparation of the Annual Securities Report after the initial financial results announcement.
• In the overview of operating results, the “Corporate, inhabitant and enterprise taxes” figure for net income was corrected from 290,783 thousand yen to 234,596 thousand yen.
• In the overview of cash flows and the cash flow statement, “Proceeds from sale of investment securities” was changed to “Proceeds from redemption of investment securities,” with the amount of 128,268 thousand yen remaining unchanged.
• The final reported figures for net sales, operating income, ordinary income, and net income remain unrevised.

This correction primarily addresses revisions in accounting descriptions during the preparation of the Annual Securities Report, with no impact on the key profit figures previously announced in the financial results. Investors may find it noteworthy that the clarification of corporate tax details and the terminology used for investment cash flow activities has been made. Such revisions are generally viewed as part of a company’s commitment to enhancing disclosure transparency.

• PATH announced that its Board of Directors resolved on August 26, 2026, to dissolve and liquidate its consolidated subsidiary, Arnuul Co., Ltd.
• Following Arnuul’s dissolution, its microalgae and environmental equipment sales businesses will be abolished, and the business alliance agreement with Bioseller Co., Ltd. is scheduled to be terminated on August 31, 2026.
• Reasons for the dissolution include delays in developing marketable products, lack of clear sales prospects, and several years of continuous operating losses.
• Arnuul Co., Ltd. reported negative net assets of ¥-352,297 thousand, sales of ¥7,943 thousand, and an operating loss of ¥-64,197 thousand for the fiscal year ended March 2026.
• The scheduled timeline includes the resolution by PATH’s Board on August 26, 2026, Arnuul’s extraordinary general meeting resolution and dissolution date (planned) on August 31, 2026, and liquidation completion (planned) by the end of November 2026.

This decision appears to be part of PATH’s broader strategy to review its business portfolio and optimize resource allocation across the group. It addresses the challenge of a continuously loss-making subsidiary facing difficulties in commercializing its core businesses. Investors may monitor future disclosures regarding the financial impact on the fiscal year ending March 2027, as this move could signal a shift in the company’s strategic focus.

• Hodogaya Chemical Co., Ltd. announced the completion of its acquisition of all shares in Framochem Francia-Magyar Finomkemiai Kft on August 25, 2026, making it a wholly-owned subsidiary.
• This acquisition follows the share transfer agreement announced on March 27, 2026, with all stipulated conditions now satisfied.
• Framochem has commenced integrated operations under a new structure as a consolidated subsidiary of Hodogaya Chemical as of today.
• This initiative is positioned as a critical measure within the new medium-term management plan “Code 2030” to strengthen the “specialty chemicals (phosgene derivatives) business” within the functional polymers segment.
• The impact on the company’s consolidated performance for the fiscal year ending March 2027 is currently under review, and any disclosable matters will be announced promptly.

This announcement confirms the successful conclusion of a previously disclosed M&A transaction by Hodogaya Chemical, signaling progress in its stated growth strategy. The full acquisition of Framochem could establish what the company refers to as a “Japan-Europe double hub system,” potentially enhancing its global production and supply capabilities and strengthening its competitive position in the phosgene derivatives market. Investors may wish to monitor the forthcoming details regarding the impact on consolidated earnings.

• Core Concept Technologies Inc. (Securities Code: 4371) has announced its financial results for the second quarter of the fiscal year ending December 2026.
• Consolidated net sales for Q2 FY2026 reached ¥11,343 million, representing an 11.6% increase year-over-year (YoY).
• Consolidated operating profit was ¥1,148 million, a 7.0% increase YoY.
• Both net sales and operating profit exceeded the company’s internal plans for the period.
• By service segment, DX support achieved sales of ¥5,704 million (+19.1% YoY), and IT human resource procurement support achieved sales of ¥5,639 million (+4.8% YoY), both showing increased revenue and profit. The DX support segment significantly contributed to the overall revenue and profit growth.
• Order backlogs remained strong, with DX support at ¥2,696 million (+31.8% YoY) and IT human resource procurement support at ¥2,072 million (+13.7% YoY), totaling ¥4,768 million (+23.3% YoY).
• Due to a trust-type stock option related loss of ¥296 million recorded in Q1, quarterly net profit decreased by 31.7% YoY to ¥520 million. However, adjusted net profit increased by 7.2% YoY to ¥817 million.

Ｇ－ＣＣＴ’s Q2 FY2026 results indicate robust performance with both revenue and operating profit increasing YoY and surpassing initial plans. The substantial growth in the DX support segment, along with the healthy increase in order backlogs, may suggest a strong underlying demand for their services and could provide a stable foundation for future performance. While the reported quarterly net profit was impacted by a one-time stock option related loss, the increase in adjusted net profit is a factor worth monitoring for a clearer picture of operational profitability.

• Orchestra Holdings, Inc. announced the full acquisition of Sharing Innovations, Inc. through a share exchange.
• The effective date of this share exchange is November 30, 2026, and Sharing Innovations is scheduled to be delisted on November 26, 2026.
• The share exchange ratio is 0.478 shares of Orchestra Holdings stock for every 1 share of Sharing Innovations stock.
• The consideration for the share exchange will be 510,791 shares of treasury stock previously acquired by Orchestra Holdings, with no new shares to be issued.
• The objectives of the full acquisition include mutual utilization of sales and development resources, sharing of human resources and technical know-how, mutual utilization of customer bases, and acceleration of decision-making.

This move by Orchestra Holdings to fully acquire its subsidiary by utilizing existing treasury shares can be seen as a strategic step to strengthen its overall DX business strategy. The absence of new share issuance means no dilution for existing shareholders, which may be a point of interest for investors. This consolidation aims to optimize management resources and accelerate decision-making within the group, potentially fostering further growth in the DX business segment.

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

• Nxera Pharma announced that its partner, Neurocrine Biosciences Inc., received IND acceptance from the U.S. Food and Drug Administration (FDA) for a Phase 2 study of NBI-1117567 for cognitive impairment in Alzheimer’s disease.
• Following this IND acceptance, Nxera Pharma will receive a milestone payment of $10 million (approximately JPY 1,591 million) from Neurocrine Biosciences.
• This milestone payment is expected to be recorded as revenue in the third quarter of Nxera Pharma’s fiscal year ending December 2026.
• NBI-1117567 is an orally available muscarinic M1-preferring (M1/M4) selective receptor agonist, created using Nxera Pharma’s proprietary NxWave™ drug discovery platform.
• Nxera Pharma retains the development and commercialization rights for muscarinic M1 receptor agonists, including NBI-1117567, for all indications in Japan.

This announcement indicates progress in Nxera Pharma’s pipeline, specifically with an Alzheimer’s disease candidate advancing to the next clinical stage, and the associated milestone payment from the development partnership could contribute to its financial position. The retention of development and commercialization rights for M1 receptor agonists in Japan may suggest future domestic market potential. The continued advancement of multiple muscarinic agonist programs originating from the company’s “NxWave™” drug discovery platform is worth monitoring.

• AD Works Group released the recorded video of its Q2 FY2026 earnings presentation for institutional investors and analysts on August 26, 2026.
• The earnings presentation was held on August 21, 2026, with Hideo Tanaka, Representative Director, President, and CEO, serving as the presenter.
• The video is available for viewing on the “Bridge Salon” website, operated by Investment Bridge Co., Ltd.
• This disclosure is stated to be a voluntary initiative by the company to deepen the understanding of market participants.
• For detailed financial information, the company refers to the “Q2 FY2026 Financial Results Summary (Consolidated, Japanese GAAP)” and “Q2 FY2026 Earnings Presentation Materials” disclosed on August 6, 2026.

The release of this video allows a broader range of market participants to access the content of the earnings presentation, which was initially intended for institutional investors and analysts. This initiative may enhance transparency and provide additional context beyond the written financial reports, offering insights into management’s perspectives and responses during the Q&A session. It could be viewed as a positive step in improving investor relations.

• ASO International, Inc. has released its financial results presentation material for the fiscal year ended June 2026.
• For FY2026, consolidated revenue reached ¥4,166 million (up 9.7% year-on-year), operating profit was ¥723 million (up 9.9%), and net income was ¥518 million (up 18.2%), setting new record highs for all three metrics.
• Within the consolidated revenue, orthodontic dental prosthesis sales were ¥3,392 million (up 7.5%), and product sales were ¥726 million (up 18.4%).
• Digital manufacturing accounted for 37.8% of orthodontic dental prosthesis sales, with revenue of ¥1,280 million (up 8.5%).
• The company projects for FY2027 consolidated revenue of ¥4,402 million (up 5.7% year-on-year), consolidated operating profit of ¥790 million (up 9.3%), and consolidated net income of ¥555 million (up 7.0%).

ASO International’s FY2026 results, showing record highs in revenue, operating profit, and net income, may suggest ongoing business growth. The significant expansion in digital manufacturing and substantial increase in overseas sales could indicate key drivers for future business development. Furthermore, the projected revenue and profit growth for FY2027 suggests that management intends to continue pursuing positive business strategies.

• gumi Co., Ltd. announced a correction to its “Notice Regarding Group Reorganization (Debt Forgiveness for a Subsidiary, Acquisition of Subsidiary Shares through In-Kind Distribution, and Absorption-Type Merger of a Wholly-Owned Subsidiary)” originally issued on July 28, 2026.
• The reason for the correction was an error in the described schedule and individual procedures.
• The correction involves the addition of a debt waiver for its consolidated subsidiary, gC Games Inc. (gC Games).
• This adds a new “Step 3: The Company resolves gC Games’s excess liabilities by forgiving debt owed by gC Games to the Company,” increasing the total reorganization steps from three to four.
• The debt waived for gC Games consists of accounts payable of 1,002 million yen and deposits received of 192 million yen, with an expected execution date of August 31, 2026.
• The company states that the impact of this correction and the overall reorganization on consolidated financial performance is minor.

This correction indicates that an additional debt waiver for gC Games, which was previously a sub-subsidiary and is to become a direct subsidiary, was deemed necessary for the smooth execution of the group reorganization. The addition of this step may reflect an updated assessment of gC Games’s financial situation to ensure a more streamlined integration process. Investors might note that the company maintains the impact on consolidated results is minor, suggesting no material change to their financial outlook despite the procedural adjustment.

• Seed Co., Ltd. announced revisions to its FY2027 year-end dividend forecast (to zero) and the abolition of its shareholder benefit program, as resolved by its Board of Directors today.
• These changes are conditional upon the successful tender offer for its shares by Luxshare Precision Cayman Limited.
• The previously announced FY2027 dividend forecast on May 11, 2026, included a year-end dividend of JPY 15.00, totaling JPY 15.00 annually. The revised forecast sets both at JPY 0.00.
• The shareholder benefit program will be discontinued after the benefits provided to shareholders eligible as of March 31, 2026.
• Shareholder benefit tickets already received or applied for by August 31, 2026, will remain valid for use within their expiration period.

This announcement is a direct consequence of the concurrently disclosed tender offer (TOB), with the TOB purchase price determined on the premise that no dividend would be paid. The changes are conditional on the TOB’s success, suggesting that the outcome of the TOB will directly influence these revisions. The abolition of the shareholder benefit program appears to be part of a series of procedures assuming the company’s delisting.