Japan Stock IR Daily – August 27, 2026 (29 reports)

• G-Terra Drone announced resolutions from its Board of Directors meeting on August 26, 2026, regarding a stock split, partial amendment to its Articles of Incorporation, and adjustment of exercise prices for stock acquisition rights.
• The stock split will be conducted at a ratio of two shares for every one common share held, with a record date of September 30, 2026, and an effective date of October 1, 2026.
• Following the split, the total number of outstanding shares will increase from 10,397,100 shares to 20,794,200 shares, and the total number of authorized shares will change from 32,600,000 shares to 65,200,000 shares.
• Article 6 (Total number of authorized shares) of the company’s Articles of Incorporation will be amended effective October 1, 2026, in conjunction with the stock split.
• The exercise prices and number of shares per stock acquisition right for various series of stock acquisition rights will be adjusted from October 1, 2026. For example, the exercise price for the 2nd Series of Stock Acquisition Rights will change from 100 yen to 50 yen, and the number of shares per right from 100 to 200.

Stock splits are commonly implemented to reduce the per-share investment unit, aiming to attract a broader investor base and enhance stock liquidity. This announcement highlights G-Terra Drone’s intention to achieve these goals with a 2-for-1 split, while acknowledging the Tokyo Stock Exchange’s desired unit size and opting for a measured approach to mitigate abrupt market changes. The simultaneous adjustment of numerous stock acquisition rights suggests a comprehensive corporate action, which may influence the company’s capital structure and potential dilution moving forward.

• ROBOT PAYMENT released a summary of the Q&A from its Q2 FY2026 individual investor briefing on August 27, 2026.
• Regarding the capital and business alliance with Raks Co., the company stated that their existing capacity can handle rapid sales expansion without issues, with costs increasing in proportion to revenue.
• The price increase, effective from July 2026 usage, for “Billing Management Robot” by JPY 4,000/month and “Subs Pay” by JPY 1,500/month, is expected to contribute approximately JPY 39 million in revenue and profit for the second half of 2026 and approximately JPY 78 million for FY2027.
• Among new businesses, the “Debt Collection Robot” is currently expected to be the largest contributor, though this could change if overseas remittance or RBF expands more rapidly than anticipated.
• The company outlined its shareholder return policy, committing 20% of the previous year’s operating cash flow to shareholder returns, primarily through continuous dividend increases and long-term shareholder benefits, while also maintaining share buybacks as an option.

This Q&A summary provides specific responses to investor concerns regarding future growth strategies, including the alliance with Raks Co., new business initiatives, and price increases for existing services. Information on the expected timing and scale of revenue contributions from the Raks alliance and the profitability outlook for new businesses could be particularly relevant for assessing long-term performance. Additionally, the detailed explanations on operating cash flow characteristics and shareholder return policies may offer insights into the company’s financial health and capital allocation strategy.

• Tadano announced its H1 2026 (January-June) financial results, with net sales reaching ¥182.581 billion, a record high for the period, representing a 10.8% increase year-on-year.
• Operating profit for H1 2026 was ¥14.878 billion (operating profit margin 8.1%), an increase from ¥8.171 billion (operating profit margin 5.0%) in the same period last year.
• The increase in net sales was attributed to the acquisition effect of Tadano Infra Solutions (TIS) in July 2025 and robust demand in the North American market.
• The increase in operating profit was contributed by higher net sales and the recording of ¥2.9 billion in U.S. tariff refunds.
• The full-year forecast for fiscal year 2026 remains unchanged, projecting net sales of ¥400 billion and operating profit of ¥25 billion. The assumed exchange rates for July onwards have been revised to USD 158.0 and EUR 184.0.

Tadano’s H1 2026 results suggest that the TIS acquisition and strong North American demand were key drivers for sales growth. While U.S. tariff refunds provided a boost to operating profit, the company appears to be navigating uncertainties in the Middle East and intensified competition in Europe. Maintaining the full-year forecast could indicate confidence in achieving targets, potentially supported by favorable exchange rates offsetting other external pressures.

• Nisshin Group Holdings announced the finalized financial results for its unlisted parent company, ND Factor Co., Ltd., for the fiscal year ended June 2026.
• As of June 30, 2026, ND Factor Co., Ltd.’s balance sheet shows total assets of ¥6,278 million, total liabilities of ¥1,554 million, and total net assets of ¥4,723 million.
• For the period from July 1, 2025, to June 30, 2026, the income statement reports revenue of ¥852 million, an operating loss of ¥21 million, ordinary profit of ¥667 million, and net profit of ¥635 million.
• ND Factor Co., Ltd. holds 35.2% of the voting rights of Nisshin Group HD as of March 31, 2026.
• Takashi Kamiyama serves as the Representative Director and President of ND Factor Co., Ltd., concurrently holding the position of Representative Director and President of Nisshin Group HD.

This announcement provides increased transparency regarding the financial health and management structure of Nisshin Group HD’s unlisted parent company. Investors may find the details of the parent company’s financial results, particularly the structure of net profit supported by non-operating income despite an operating loss, valuable for understanding ND Factor’s business activities and revenue sources. Additionally, the disclosed major shareholder composition and concurrent executive roles could be noteworthy for assessing the governance and capital relationship between the two entities.

• Seed Co., Ltd. announced on August 27, 2026, the “Addition of XBRL Data to the ‘Notice Regarding Revision of Year-End Dividend Forecast (No Dividend) and Abolition of Shareholder Benefit Program for the Fiscal Year Ending March 2027’.”
• This announcement specifically concerns the addition of XBRL data to the disclosure originally published on August 26, 2026, at 18:30 JST.
• The original disclosure document remains uncorrected.
• Seed Co., Ltd. is listed on the Tokyo Stock Exchange Standard Market under code 7743.

This IR primarily notifies the market about the addition of XBRL data to a previously announced disclosure concerning dividend forecast revision (to no dividend) and the abolition of the shareholder benefit program. The provision of XBRL data can enhance the accessibility and analyzability of corporate financial information for investors. As there are no corrections to the content of the original disclosure, this update appears to be a formal supplementation of previously released information, which may be seen as a move towards greater transparency.

• Mamiya-OP Co., Ltd. announced on August 27, 2026, the finalization of the 42nd fiscal year financial results (June 1, 2025, to May 31, 2026) for its unlisted parent company, Data Art Co., Ltd.
• Data Art Co., Ltd. held 39.17% of Mamiya-OP’s voting rights as of May 31, 2026.
• For the fiscal year, Data Art Co., Ltd. reported sales of ¥11,306,546 thousand, operating profit of ¥391,112 thousand, ordinary profit of ¥826,315 thousand, and net profit of ¥1,104,314 thousand.
• The balance sheet as of May 31, 2026, shows total current assets of ¥8,145,117 thousand, total fixed assets of ¥6,096,209 thousand, and total assets of ¥14,241,327 thousand.
• Major shareholders of Data Art include Atsushi Kumotani (30.00%), EPC Corporation (20.00%), and Secure Tech Corporation (15.00%).

The disclosure of the parent company’s financial results provides crucial insights for investors of the listed subsidiary, enabling an understanding of the overall group’s management and financial health. Notably, the reporting of ¥414,708 thousand in dividends received under non-operating income and ¥620,439 thousand in gain on sale of fixed assets as extraordinary income could be key points for investors to consider regarding future revenue structure and asset management strategies. The reported total net assets of ¥11,222,896 thousand might also suggest a stable financial foundation.

• Miratap Inc. (Code: 3187) published its FY2026 Q3 earnings presentation video and transcript on August 27, 2026.
• Consolidated net sales for the third quarter of FY2026 reached a record high, driven by increased order unit prices and order frequency, primarily from loyal customers.
• Operating income and ordinary income are progressing largely in line with full-year forecasts, a result of efforts to execute expenses efficiently while scrutinizing cost-effectiveness.
• While net income for the quarter exceeded the full-year plan, the company has kept its full-year earnings forecast unchanged, factoring in Q4 expense execution and the business environment.
• Selling, general, and administrative (SG&A) expenses increased due to advertising costs associated with new catalog issuance, infrastructure strengthening such as headquarters relocation due to increased personnel, expansion of system investments including AI utilization and security enhancements, and showroom renovation expenses related to new product displays.

This announcement provides specific insights into G-MIRATAP’s business progress during FY2026, a period positioned as a “leap phase” following accelerated growth. The achievement of record-high net sales and the on-track profit performance could suggest that the company’s strategies are yielding tangible results. Furthermore, the decision to maintain the full-year earnings forecast despite exceeding net income in Q3, while continuing growth investments, may indicate a cautious approach to future business development and expense management.

• Market Enterprise Co., Ltd. released the summary of the Q&A session from its FY2026 June full-year earnings briefing on August 27, 2026.
• Regarding shareholder returns, the company plans to initiate dividend payments from FY2028 June, aligning with profit growth, and intends to incorporate the current annual shareholder benefit cost of approximately 140 million yen into the dividend pool.
• Following the price increase for “Cashimo WiMAX” in its mobile communication business, the number of subscribers has remained within expectations.
• The contribution from urban store openings in FY2027 June is projected to be several hundred million yen in sales, with substantial profit contribution anticipated from FY2028 June.
• For used agricultural machinery products, the company will prioritize domestic demand for the time being, focusing on individual consumer products within its reuse business, and prioritizing profit contribution.
• Regarding M&A in the reuse industry, the company noted that with significant market expansion potential, gradual consolidation by major players might occur as businesses grow organically.

The release of this Q&A summary provides investors with a clearer understanding of the company’s growth strategy and shareholder return roadmap. The plan to initiate dividends from FY2028 June, supported by anticipated profit contributions from various business segments, could signal a commitment to enhancing long-term shareholder value. Furthermore, details on the timeline for urban store profit contribution and the strategic shift in the used agricultural machinery business are crucial for evaluating the company’s future business portfolio.

• Nomura System Corporation announced its Q2 FY2026 (ending December) financial results presentation on August 27, 2026.
• For Q2 FY2026, revenue was ¥1,689 million (down 0.6% year-on-year), gross profit was ¥420 million (down 12.4%), operating profit was ¥231 million (down 22.1%), ordinary profit was ¥236 million (down 20.6%), and net profit was ¥162 million (down 20.0%).
• Revenue composition included ¥1,271 million from prime contracts and ¥418 million from FIS.
• Compared to the end of the previous fiscal year, total assets were ¥3,799 million (down 4.5%), liabilities were ¥347 million (down 23.2%), and net assets were ¥3,452 million (down 2.1%).
• A share buyback was announced as completed on March 16, 2026, involving 1 million shares at an acquisition cost of ¥142,412,300.

Nomura System’s Q2 FY2026 results showed a slight decrease in revenue and double-digit declines across all profit metrics compared to the prior year. The company’s commentary highlights solid performance in higher-margin prime contracts and anticipates a robust mid-to-long-term IT investment demand, particularly for ERP solutions. It is plausible that ongoing growth investments are impacting short-term profitability, with expectations for these initiatives to contribute to long-term performance growth.

• SPK Corporation announced that its Board of Directors resolved on August 27, 2026, to acquire all shares of Fukuda Buhin Co., Ltd., making it a wholly owned subsidiary.
• Fukuda Buhin Co., Ltd. is an automotive parts and supplies distributor established in 1948, primarily operating in Sapporo, Hokkaido.
• SPK aims to create synergies and enhance group-wide corporate value by combining Fukuda Buhin’s business foundation and customer base with the SPK Group’s global sales network and procurement capabilities.
• The sellers of the shares are Kumiko Fukuda (53.60%) and Shinichi Fukuda (41.40%); SPK already held 5.00% of the shares.
• The scheduled share transfer date is October 1, 2026.

SPK’s acquisition of Fukuda Buhin appears to be a strategic move to strengthen its regional business foundation in automotive parts and supplies distribution in Hokkaido. This acquisition could be seen as an acceleration towards achieving its “Global Trading Company for Mobility Business” goal outlined in VISION2030. The integration of Fukuda Buhin’s procurement capabilities and multi-location sales/delivery system, which generated sales of 3,781 million yen in the fiscal year ended January 2026, with the existing SPK Group business, may offer opportunities for enhanced operational efficiency and market reach.

• ITmedia Inc. announced on August 27, 2026, a resolution to absorb its wholly-owned subsidiary, Netvision Co., Ltd.
• The effective date of the merger is scheduled for October 1, 2026.
• The purpose of the merger is to achieve group integration, enhance efficiency, and reduce maintenance costs for Netvision, as the need for its existence for domain holding diminished due to deregulation.
• The merger will be an absorption-type merger, with ITmedia Inc. as the surviving company and Netvision Co., Ltd. to be dissolved.
• This merger qualifies as a simplified and short-form merger, meaning it will proceed without shareholder approval from either company. No new shares will be issued, capital will not increase, and no merger consideration will be paid.

This merger appears to be a strategic move aimed at streamlining ITmedia’s group operations and reducing costs, specifically driven by changes in domain ownership regulations. As it involves a wholly-owned subsidiary, the impact on consolidated financial results is stated to be minor, suggesting the primary focus is on administrative efficiency. This action may indicate the company’s proactive approach to adapting its corporate structure to an evolving regulatory landscape.

• DyDo announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending January 2027.
• Consolidated net sales reached ¥120,057 million, representing a 2.0% increase compared to the prior interim period.
• Consolidated operating income was ¥6,744 million, a significant increase of 388.2% year-on-year.
• Net income attributable to owners of parent was ¥2,800 million, a turnaround from a loss of ¥1,361 million in the prior interim period.
• The full-year consolidated performance forecast for FY2027 has been revised, with projected net sales of ¥246,300 million, operating income of ¥12,300 million, ordinary income of ¥9,400 million, and net income attributable to owners of parent of ¥6,000 million.
• The interim dividend is ¥15.00 per share, with a full-year estimated dividend of ¥30.00 (including a ¥15.00 year-end dividend).

While consolidated net sales showed a modest increase, the substantial growth in operating income, ordinary income, and net income attributable to owners of parent is a key highlight. The remarkable surge in operating income, approximately fourfold from the previous year, suggests positive impacts from domestic beverage business profitability improvements and robust overseas beverage operations. The return to profitability for net income attributable to owners of parent could be viewed as a significant indicator of a business turnaround.

• G-Hmcomm released an FAQ document addressing questions from shareholders and investors following its Q2 FY2026 earnings announcement.
• The upward revision of the full-year earnings forecast is attributed to strong standalone performance driven by revenue structure reforms and the full-scale group synergy from the consolidation of Collabotechno Co., Ltd.
• To achieve the full-year operating profit plan of 101 million yen, compared to H1 operating profit of 13 million yen, the company plans to focus on both “adding high value” and “improving productivity and reducing costs” in H2.
• The company aims to transition its business model from an “AI custom development company” to an “AI Agent platform company,” focusing on expanding recurring revenue through its Voice AI Agent Platform (VAAP).
• The primary objective of acquiring Collabotechno Co., Ltd. was explicitly stated as gaining “engineering capabilities (AI Engineering)” to implement and mass-produce AI technologies in corporate operational settings.

This FAQ document appears designed to enhance understanding of G-Hmcomm’s future business development and revenue outlook by addressing specific investor inquiries post-Q2 FY2026 earnings. The detailed explanation of H2 profit growth strategies and the strategic shift towards becoming an AI platform company via the Voice AI Agent Platform (VAAP) could be perceived as key future growth drivers. Furthermore, the clear articulation of acquiring engineering capabilities as the main goal for the Collabotechno acquisition may suggest a focused approach to group synergy.

• Tomen Devices Corporation has decided on the details of its shareholder benefits for shareholders as of September 30, 2026.
• The partial revision of the shareholder benefit program aims to improve convenience and expand choices based on feedback from shareholder surveys.
• Key changes include the introduction of digital gifts, replacing the conventional QUO Card Pay with a mechanism allowing exchange for multiple electronic money/points.
• A new long-term holding benefit will be established for shareholders holding 100 shares to less than 200 shares, provided they have continuously held shares for three years or more.
• The lineup of benefit items for each shareholding category has been revised; some food gifts are abolished, and QUO Cards and digital gifts become the primary options.
• The revised shareholder benefit program will apply to shareholders listed in the shareholder register as of the end of September 2026.

This revision of the shareholder benefit program appears to address diverse shareholder needs and enhance convenience. The introduction of digital gifts, allowing recipients to choose freely, could make the program more attractive. Furthermore, the new long-term holding benefit for 100-shareholders may suggest an intention to encourage long-term ownership among smaller investors.

• AltPlus announced a partial change regarding its capital and business alliance with Okazaki Holdings and the acquisition of its shares (making it an equity-method affiliate), originally announced on November 20, 2025.
• The change specifically moves the payment deadline for “Third-Party Allotment ②” to Okazaki Holdings from August 2026 (planned) to December 2026 (planned).
• The reason cited for this change is that fundraising through the exercise of the 11th series of share options by EVO FUND, which was intended to fund Third-Party Allotment ②, has not progressed as planned.
• The company states that the share price often trading below the lower exercise price (30 yen) of the 11th series of share options is a factor hindering the exercise of these options.
• The number of shares to be acquired (800 shares) for Third-Party Allotment ② and other terms remain unchanged at present.

AltPlus has postponed the payment deadline for its second tranche of investment in Okazaki Holdings, citing delays in planned fundraising from EVO FUND due to unfavorable share price movements. This situation suggests that the company’s future financing strategy is a key area for investors to monitor. AltPlus indicated it is exploring other financing methods, and any further updates on these efforts could be significant for market participants.

• INTELLEX HD announced on August 27, 2026, the signing of a basic agreement to acquire all shares of TD Housing Co., Ltd., with the aim of commencing discussions for its subsidiarization.
• Reasons for the acquisition include expanding business areas (from the Joto district to Chiba), addressing labor shortages in the real estate industry, and promoting DX through data sharing.
• TD Housing Co., Ltd. was established on September 3, 2012, with a capital of 8 million yen. Its business activities include real estate trading, brokerage, leasing, management, consulting, and non-life insurance agency services.
• Over the past three fiscal years, TD Housing reported revenues of 1,577 million yen, operating profit of 43 million yen, ordinary profit of 28 million yen, and net profit of 8 million yen for the fiscal year ended August 2025.
• INTELLEX HD stated that the impact of this transaction on its consolidated performance is minor, and there will be no revision to its currently published earnings forecast.

This basic agreement aligns with INTELLEX HD’s mid-term management plan, which emphasizes “co-creation with external partners” and growth through M&A. The utilization of TD Housing Co., Ltd.’s customer base and regional network could support INTELLEX HD’s business area expansion. Furthermore, the sharing of expertise and management resources between the two companies may contribute to addressing labor shortages and advancing DX in the real estate sector.

• KITAAC Co., Ltd. has resolved to implement a commemorative shareholder special benefit to mark its dual listing on the Nagoya Stock Exchange Main Market.
• Eligible shareholders are those recorded in the company’s shareholder register as of October 20, 2026, holding one unit (100 shares) or more of the company’s stock.
• The special benefit consists of a 1,000 yen QUO Card.
• This commemorative shareholder special benefit is a one-time offer, with delivery scheduled for January 2027.
• The purpose of the commemorative benefit is to enhance brand recognition in the western Japan region, expand the investor base, improve stock liquidity, further increase corporate value, and express gratitude to shareholders.

This announcement appears to be KITAAC’s way of expressing gratitude to its shareholders and demonstrating its commitment to enhancing corporate value as it dual-lists on the Nagoya Stock Exchange Main Market. Investors may note the specific eligibility criteria, the one-time nature of the benefit, and the planned delivery date, which provides clear details. The company’s stated future shareholder return policy emphasizes continuous and stable dividends, with decisions to be made based on comprehensive consideration of future business performance and market trends.

• G-SEIWA HOLDINGS Co., Ltd. resolved at its Board of Directors meeting on August 27, 2026, to acquire all shares of Eishin Denki Co., Ltd., making it a subsidiary.
• Eishin Denki is based in Chiba Prefecture, engaged in wire harness manufacturing and related component sales, and faced challenges with a successor.
• Synergies anticipated from this acquisition include the establishment of an integrated production system from wires to harnesses through collaboration with existing group company Sanyo Denko Co., Ltd., enhanced production capacity for the “Sunthermo®” temperature sensing cable, and expanded sales channels for Eishin Denki utilizing G-SEIWA HD’s customer network.
• Eishin Denki’s sales for the past three fiscal years (ending June 2023, 2024, and 2025) were JPY 1,323 million, JPY 815 million, and JPY 913 million, respectively, with net profits of JPY 103 million, JPY 64 million, and JPY 65 million.
• The share transfer execution date is scheduled for September 1, 2026, and the acquisition price is undisclosed.

G-SEIWA HD’s acquisition of Eishin Denki aligns with its strategy as a manufacturing-focused business succession platform. The integration of Eishin Denki’s wire harness business may enhance production systems and accelerate the sales of new products through collaboration with existing group companies. This move could contribute to the overall corporate value of the group, with the increased production capacity for “Sunthermo®” potentially serving as a significant growth driver for the product’s market expansion.

• Fuji Electric Co., Ltd. announced that its Board of Directors resolved to enter into a merger agreement for the absorption of its wholly-owned subsidiary, Fuji Electric Fias Co., Ltd.
• The purpose of the merger is to enhance group management efficiency in response to changes in the business environment surrounding each operation.
• The merger agreement date is August 27, 2026, and the effective date of the merger is scheduled for April 1, 2027.
• The merger method will be an absorption-type merger, with Fuji Electric as the surviving company and Fuji Electric Fias as the dissolving company.
• Fuji Electric has stated that the impact of this merger on its consolidated financial results will be minor.

This merger involves Fuji Electric absorbing a wholly-owned subsidiary that primarily handled financial and accounting services within the group, indicating a focus on internal operational streamlining. As a simplified merger with a wholly-owned subsidiary, there will be no issuance of new shares or increase in capital. The minimal impact on consolidated financial results suggests this is a strategic move to optimize group structure rather than a major shift in business operations.

• TOPPAN Holdings announced a 1-for-2 stock split of its common shares, with the record date set for September 30, 2026, and the effective date on October 1, 2026.
• Concurrently, the company will amend its Articles of Incorporation to increase the total number of authorized shares from 1.35 billion to 2.35 billion.
• The year-end dividend forecast for the fiscal year ending March 2027 has been revised from JPY 29.00 to JPY 14.50 per share, reflecting the stock split without any substantive change in value.
• The shareholder benefit program will be modified in line with the stock split, changing the minimum shareholding requirement for benefits from “100-499 shares” to “200-999 shares,” while the substantive benefit content remains unchanged.
• The revised shareholder benefit program will apply to shareholders recorded in the shareholder registry as of March 31, 2027.

The stock split aims to reduce the investment unit price, thereby enhancing the liquidity of the company’s shares and expanding its investor base. While the dividend forecast and shareholder benefits are substantively maintained, this move suggests an effort to make TOPPAN HD shares more accessible to a broader range of investors. Investors may view this as a strategic step to improve market engagement and potentially foster long-term shareholder value through increased accessibility.

• OK-WEB Co., Ltd. announced a partial amendment to its “Consolidated Financial Results for the Fiscal Year Ended June 2026 (Japanese GAAP),” originally published on August 14, 2026.
• The primary reasons for the amendment include an additional impairment loss of ¥41 million for software development and a full impairment loss of ¥61 million for the outstanding goodwill balance of OpenSite Co., Ltd.
• The software impairment was due to an auditor review committee’s instruction to reclassify uncompleted software as software in progress from accrued expenses and impair it as part of a series of development projects.
• The goodwill impairment for OpenSite, initially deemed unnecessary, was subsequently fully impaired after an auditor review committee pointed out the difficulty in assessing the validity of plans from FY2028 onwards due to significant changes.
• While a decrease in depreciation expenses from FY2027 is expected due to the reduced book value of fixed assets, the impact on consolidated financial results for FY2027 is currently under detailed review.

This amendment, initiated by an auditor’s review post-earnings announcement, suggests the company’s commitment to rigorous accounting standards. While the total amount of additional impairment losses is relatively small, changes in reported financials can influence investor perceptions of the company’s financial health. The ongoing assessment of the impact on the FY2027 performance will be a key point for investors to monitor going forward.

• Ｇ－Ｓｏｌｖｖｙ released its Q&A with investors regarding the FY2026/6 financial results on August 27, 2026.
• The primary reasons for missing revenue and operating profit targets in FY2026/6 were identified as the stagnation of sales activities in the ExtendTech business due to efforts to normalize GIGA guarantee operations in Q1, and the failure to meet plans in the NextGIGA and university domains.
• The decision to withdraw from the NextGIGA domain was made considering profitability and risk management difficulties compared to other businesses, following the exceeding of guarantee limits in 1stGIGA projects, with the aim of reallocating management resources to other growth areas.
• The planned operating profit for Q1 FY2027/6 is projected to be lower than Q1 FY2026/6, attributed to the discontinuation of GIGA guarantee revenue and an expected increase in personnel, office, and commission expenses associated with growth investments.
• The medium-term management plan disclosed in FY2025/6 has been revised based on the FY2026/6 results and the FY2027/6 earnings forecast.

This IR release from Ｇ－Ｓｏｌｖｖｙ appears intended to provide investors with clarity on the specific reasons for the FY2026/6 performance shortfall, the rationale behind the NextGIGA domain withdrawal, and the conservative outlook for FY2207/6. The withdrawal from NextGIGA and the reallocation of resources to growth investments could signal a strategic shift in the company’s business portfolio, which investors may find worth monitoring. Furthermore, the revision of the medium-term management plan suggests a change in direction from previous plans, and the updated growthイメージ will be key for evaluating future business development.

• Alpha Co. (code: 3434) announced a correction to its “Q1 FY2027 Financial Results Presentation Material” on August 27, 2026.
• The correction addresses an error found in the presentation material originally published on August 26, 2026.
• The specific change involves correcting the term “quarterly net income attributable to owners of parent” to “net income attributable to owners of parent.”
• The corrected section is located on page 12 of the financial results presentation material and is underlined in the accompanying attachment.

This announcement from Alpha Co. concerns a minor correction in the terminology used within its Q1 FY2027 financial results presentation material. As the change relates to a specific accounting term rather than the underlying financial figures, it may be seen as an effort to maintain the accuracy and consistency of disclosed information. For investors, such corrections generally highlight the company’s commitment to precise financial reporting.

• JMC’s Q2 FY2026 interim revenue reached ¥1,309 million, a decrease of ¥126 million (△8.8%) compared to the same period last year.
• Operating profit turned positive to ¥29 million, from an operating loss of △¥89 million in the prior interim period.
• The gross profit margin improved by 9.4 percentage points, from 26.7% in the previous interim period to 36.1%.
• By segment, the 3D Printer Business reported revenue of ¥329 million (an 8.5% increase year-on-year) and segment profit of ¥91 million (a 37.5% increase).
• The Casting Business segment profit significantly improved from △¥74 million in the prior interim period to ¥70 million.

JMC’s Q2 FY2026 interim results show a notable turnaround from operating and ordinary losses to profits, despite a decline in revenue. The substantial improvement in the gross profit margin could indicate an enhancement in cost efficiency or product mix. The significant positive shift in the Casting Business’s segment profit appears to be a key driver for the overall improvement in profitability.

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

• G-Ligua has entered into a capital and business alliance agreement with Street Smart Inc.
• G-Ligua will issue 50,000 common shares (3.1% of total outstanding shares) to Street Smart Inc. through a third-party allotment. The issue price is JPY 866 per share, raising JPY 43,300,000. The payment date is September 14, 2026.
• The company will issue 3,300 units of the 6th series of stock acquisition rights to Milestone Capital Management Inc. through a third-party allotment. The total issue price is JPY 891,000. The potential number of shares upon exercise of these rights is 330,000.
• The total funds raised from the exercise of stock acquisition rights amount to JPY 286,671,000 (estimated net proceeds: JPY 278,051,000). The payment date for these rights is September 14, 2026.
• The business alliance aims to jointly expand AI consulting services and establish a system for providing AI/DX reskilling training, combined with SaaS for managing participant goals and progress.

This capital and business alliance appears to deepen the existing collaboration between the two companies in AI consulting and expand into additional initiatives such as AI/DX reskilling training. The third-party allotment for new shares suggests a move to strengthen the financial foundation for these business expansions. Furthermore, the issuance of stock acquisition rights could indicate securing future funding options contingent on business growth.

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

• LEOPALACE21 reported for Q1 FY2027: Revenue ¥115.9 billion, operating profit ¥12.1 billion, ordinary profit ¥12.2 billion, and net profit ¥7.0 billion, generally in line with plan from revenue to net profit.
• In the rental business, the contract rent per unit index reached 123 at the end of the quarter (June), marking a new record high, with an average occupancy rate of 87.23%.
• The average occupancy rate for the rental business in Q1 increased by 0.98 percentage points year-on-year and exceeded the plan by 0.19 percentage points. The proportion of corporate contracts remained at a record high of 66.5%.
• The number of foreign national users reached 66,719 units, an increase of 20.3% year-on-year, and their share of total users was 14.2%, setting new records for both number of units and proportion.
• The development business recorded 31 orders for buildings, 476 units, and ¥4.578 billion in order value during Q1, all exceeding the previous year’s figures.

Leopalace21’s Q1 FY2027 results show a steady start, with revenues and profits largely aligning with plans. The record-high contract rent per unit and the expansion of corporate and foreign national contracts in the rental business could suggest a strengthening of the company’s revenue base. The increased order volume in the development business, driven by expanded operational bases, may also be a point worth monitoring as a future growth driver.

• Willplus Holdings, Inc. announced on August 27, 2026, a partial correction to its “Consolidated Financial Results for the Fiscal Year Ending June 2026 (Japanese GAAP)” which was originally released on August 13, 2026.
• The reasons for the corrections include accounting treatment of corporate inhabitant and enterprise tax refunds, offset presentation of deferred tax assets and liabilities, and errors in the aggregation and presentation of corporate taxes paid/refunded and proceeds from the sale of tangible fixed assets in the consolidated cash flow statement.
• The description of extraordinary losses in “Overview of Business Results (1) Overview of Current Period Business Results” was corrected from “loss on disposal of fixed assets” to “impairment loss.”
• These corrections will result in changes to non-operating income, ordinary profit, total assets, liabilities, cash flows from operating activities, and cash flows from investing activities.
• There is no impact on net sales, operating profit, profit attributable to owners of parent, net assets, or cash and cash equivalents at the end of the period. The correction regarding extraordinary losses only concerns the description and does not affect the financial statement figures.

The corrections primarily involve accounting treatment and presentation, with no impact on key profitability metrics such as net sales, operating profit, or net profit attributable to parent company shareholders. This aspect may be noteworthy for investors as it suggests the fundamental earning power of the company remains unchanged. While there are adjustments to cash flow, total assets, and liabilities, these are presented as refinements to align with accounting standards.

• Brangista Co., Ltd. has decided to transfer a portion of its shares in consolidated subsidiary Brangista Solution Co., Ltd. to H.H. GALAXY Co., LTD. (Taiwan TPEx listed, code: 2949).
• The number of shares transferred is 60, with a transfer price of 480,000 thousand yen. Post-transfer, Brangista’s ownership in Brangista Solution will be 140 shares (voting rights ratio: 70%).
• Brangista Solution will remain a consolidated subsidiary of Brangista after the share transfer, with no change in subsidiary status.
• An extraordinary gain of 463 million yen from the sale of shares in an affiliated company is expected to be recorded in Brangista’s non-consolidated financial statements for the fiscal year ending September 2027.
• The execution date for the share transfer is scheduled for October 1, 2026.

This partial share transfer appears to be aimed at strengthening the existing collaboration between Brangista Solution and H.H. GALAXY, intending to generate business synergies in the EC markets of Japan and Southeast Asia. While an extraordinary gain is projected for non-consolidated results, the announcement indicates no expected impact on consolidated performance, suggesting a strategic move to maximize overall group corporate value.

• TENO. Holdings Co., Ltd. resolved to acquire all shares of Pigeon Hearts Inc. and make it a subsidiary, as decided at its Board of Directors meeting on August 27, 2026.
• Pigeon Hearts Inc. possesses expertise in operating authorized childcare facilities in Tokyo, along with a strong customer base and service provision system for corporate childcare, primarily for major corporations.
• The acquisition aims to mutually leverage the strengths and management resources of both groups to provide high-quality services for diverse childcare support needs, contribute to the sustainable growth of the entire group, and achieve “tenoVISION2030.”
• The number of shares acquired is 7,000 common shares (100.0% of voting rights), with an acquisition price of 1,600 million yen for Pigeon Hearts common shares, and approximately 9 million yen for acquisition-related expenses, totaling an estimated 1,609 million yen.
• The scheduled share transfer date is January 2027.

This acquisition appears to align with TENO.’s long-term vision “tenoVISION2030,” which emphasizes the expansion of its childcare business and new business development strategies. Integrating Pigeon Hearts’ expertise in operating authorized childcare facilities in Tokyo and its strength in corporate childcare for major companies could enhance TENO.’s business foundation and broaden its service offerings. While Pigeon Hearts’ revenue has been relatively flat over the last three fiscal years, its net assets showed a recovery in the fiscal year ending December 2025, suggesting potential for future synergistic effects.