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

• J-Frontier Co., Ltd. announced that it has signed a business alliance agreement with Aeronext Co., Ltd. on July 27, 2026.
• The purpose of this alliance is to link J-Frontier’s online medical consultation and medication guidance service “SOKUYAKU” with Aeronext’s “SkyHub®” to jointly establish “Medical Drone Depots.”
• This initiative aims to create a “regional healthcare infrastructure supported by the sky,” seamlessly connecting online consultations, medication guidance, and pharmaceutical delivery.
• Specific collaboration areas include the joint establishment of “Medical Drone Depots,” joint development of service models combining online consultations and drone delivery, joint development of regional medical logistics networks, and the construction of medical logistics systems for disasters and emergencies.
• Aeronext Co., Ltd. specializes in technology licensing and joint development based on its proprietary center-of-gravity control technology “4D GRAVITY®,” as well as “SkyHub®” new smart logistics and drone operation businesses through its strategic subsidiary.

This alliance aims to advance medical DX and address regional healthcare challenges, with a focus on integrating online medical services and drone logistics infrastructure. It could provide a concrete solution to the last-mile problem of pharmaceutical delivery, especially in mountainous regions and remote islands. The combination of both companies’ technologies and services is expected to contribute to the establishment of a new medical delivery system.

• G&Company Co., Ltd., the non-listed parent company of Create Restaurants Holdings Inc., announced its financial results for the fiscal year ended May 2026.
• G&Company’s net income for the fiscal year (June 1, 2025, to May 31, 2026) was 2,041,858 thousand yen.
• During the same period, sales amounted to 1,447,881 thousand yen, operating income was 911,125 thousand yen, and ordinary income was 914,785 thousand yen.
• G&Company directly holds 41.25% of the voting rights of Create Restaurants Holdings Inc. as of February 28, 2026.
• The Representative Director and Chairman of Create Restaurants Holdings Inc. concurrently serves as the Representative Director of G&Company Co., Ltd.

The disclosure of the non-listed parent company’s financial results provides important insights into the governance and capital structure of Create Restaurants Holdings. Investors may find the detailed information on the parent company’s major shareholders and executive roles valuable for understanding the overall control structure of the group. A healthy financial position of the parent company could also indirectly indicate stability for its listed subsidiary, Create Restaurants Holdings, which is a factor worth monitoring.

• Global X India Top 10+ ETF (code 188A) announced its financial results for the fiscal year ending June 2026 (December 11, 2025, to June 10, 2026) on July 27, 2026.
• As of the end of the current period (June 10, 2026), net assets were ¥2,372 million (compared to ¥2,772 million at the end of the previous period), and the Net Asset Value (NAV) per 100 units was ¥84,731 (compared to ¥100,815 at the end of the previous period).
• The value of primary investment assets was ¥1,779 million, constituting 75.0% of the total net assets.
• The number of outstanding units for the current period was 2,800 thousand units (compared to 2,750 thousand units at the end of the previous period), and the distribution per 100 units was ¥300 (compared to ¥500 in the previous period).
• The Statement of Income and Retained Earnings reported a net loss of △¥441,040,337 for the current period.

The FY2026 June results for Global X India Top 10+ ETF show a decrease in net assets and NAV from the previous period, along with a reported net loss. This can be attributed to losses from securities trading, derivatives transactions, and foreign exchange movements. Investors may want to monitor the fund’s operational performance and the trends of its underlying index to understand potential future impacts.

• Global X Defense Tech ETF (Code: 466A) announced its financial results for the period ended June 2026 (November 21, 2025 to June 10, 2026).
• Total net assets as of the end of the reporting period (June 10, 2026) were ¥7,319 million.
• The net asset value per 100 units for the same period was reported as ¥105,616.
• The distribution per 100 units was ¥100.
• Major investment assets accounted for 100.0% of the total, valued at ¥7,318 million.
• Outstanding units at period-end were 6,930 thousand units, with 8,220 thousand units set and 1,290 thousand units redeemed during the period.

• Toho Gas announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Revenue for the quarter was ¥144,849 million, a decrease of 10.3% compared to the same period last year.
• Operating income was ¥7,640 million, marking a 61.5% decrease year-on-year.
• Ordinary income decreased by 52.0% to ¥10,573 million, and profit attributable to owners of parent decreased by 43.3% to ¥9,424 million.
• The decline in profits was primarily attributed to the raw material cost adjustment system, where the time lag between raw material costs and sales revenue shifted from a positive difference to a negative difference.
• The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged, with projected revenue of ¥670,000 million (up 2.9% YoY) and operating income of ¥19,000 million (down 40.2% YoY).

Toho Gas’s first-quarter results show significant year-over-year declines across revenue and profit metrics. This performance is primarily attributed to the lag effect of the raw material cost adjustment system, a common external factor impacting energy sector companies. Despite the weak first quarter, the company has maintained its full-year earnings guidance, which may suggest an expectation for recovery in subsequent quarters or that the Q1 headwinds are considered temporary. Investors may wish to monitor future trends in raw material prices and exchange rates, as these factors could continue to influence the company’s performance.

• SANEI Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026, to June 30, 2026).
• Consolidated net sales amounted to ¥7,392 million, representing a 4.0% increase compared to the same period of the previous fiscal year.
• Operating profit was ¥137 million (down 44.9% year-on-year), ordinary profit was ¥127 million (down 52.7% year-on-year), and net profit attributable to parent company shareholders was ¥78 million (down 49.1% year-on-year).
• The company cited significant increases in raw material prices, particularly copper, as a major factor impacting profitability.
• There are no revisions to the consolidated full-year performance forecast or dividend forecast for the fiscal year ending March 2027 from those most recently announced.
• The equity ratio stood at 62.1% as of the end of the first quarter of March 2027.

• Yamanaka Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (March 21, 2026, to June 20, 2026).
• Operating revenue for the first quarter was ¥20,761 million, an increase of 0.8% compared to the same period of the previous year.
• The company reported an operating loss of ¥68 million (compared to a profit of ¥50 million in the prior year), an ordinary loss of ¥54 million (compared to a profit of ¥74 million), and a net loss attributable to owners of parent of ¥12 million (compared to a profit of ¥25 million).
• As of the end of the first quarter, total assets stood at ¥42,463 million, net assets at ¥18,028 million, and the equity ratio was 42.5%.
• The consolidated full-year earnings forecast for the fiscal year ending March 2027, along with the annual dividend forecast (¥5.00 per share year-end, ¥10.00 total), remains unchanged from the most recently published figures.

Yamanaka’s Q1 FY2027 results show an increase in revenue, but rising raw material procurement costs impacted gross profit, leading to losses at all profit stages. The unchanged full-year earnings forecast suggests the company anticipates future profit recovery through ongoing initiatives. Investors may want to monitor the effectiveness of strategic measures, such as strengthening the fresh food department and store renovations, on the company’s future performance.

• Nagawa announced its unaudited non-consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Sales revenue for the quarter was ¥8,576 million, representing a 7.1% increase compared to the same period of the previous year.
• Operating profit reached ¥982 million, a substantial 31.9% increase year-on-year.
• Ordinary profit was ¥1,406 million (up 25.6% YoY), and quarterly net profit was ¥918 million (up 23.6% YoY).
• Basic earnings per share for the quarter were ¥59.24, compared to ¥47.54 in the prior year’s first quarter.
• The equity ratio stood at 88.1%, an increase from 87.3% at the end of the previous fiscal year.
• The full-year earnings forecast for the fiscal year ending March 2027 and the dividend forecast (¥60 per share for year-end) remain unchanged.
• Segment-wise, Unit House business sales were ¥7,117 million (+6.0% YoY), Module & System Construction business sales were ¥1,288 million (+16.2% YoY), while Construction Machinery Rental business sales were ¥170 million (-9.0% YoY).

Nagawa’s Q1 FY2027 results indicate strong performance with growth in both revenue and all profit categories year-over-year. The significant rise in operating profit may be attributed to robust rental utilization and increased sales in the Unit House business, coupled with progress in completing orders and cost reduction in the Module & System Construction business. The slight increase in the equity ratio despite a decrease in total assets suggests a maintained strong financial position for the company.

• Daito Chemix announced its consolidated financial results for the first quarter of the fiscal year ending March 2027.
• Net sales reached ¥5,133 million, representing a 7.4% increase year-over-year.
• Operating profit stood at ¥395 million, up 23.0% from the previous year’s first quarter.
• Ordinary profit was ¥432 million (+36.5% YoY), and profit attributable to owners of parent was ¥302 million (+169.4% YoY).
• As of the end of the first quarter, total assets were ¥29,575 million, net assets were ¥16,923 million, and the equity ratio was 57.2%.
• The full-year consolidated earnings forecast for FY2027 and the dividend forecast (year-end ¥9.00, total ¥9.00) remain unchanged from the most recently published figures.

Daito Chemix’s first-quarter results show positive growth across sales and profit metrics compared to the prior year. The substantial increase in profit attributable to owners of parent may suggest effective operational management or strong demand in specific business segments. With the full-year forecast maintained, investor attention could focus on the company’s performance in the subsequent quarters to assess the consistency of this momentum.

• Macnica Holdings, Inc. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026, to June 30, 2026).
• Net sales for the first quarter reached ¥393,443 million, marking a 39.7% increase compared to the same period of the previous fiscal year.
• Operating profit was ¥16,509 million, a 101.4% increase year-over-year.
• Ordinary profit increased by 219.7% to ¥16,247 million, and net income attributable to owners of parent increased by 114.6% to ¥10,928 million.
• The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged from the most recently announced forecast, with projected net sales of ¥1,300,000 million, operating profit of ¥52,000 million, ordinary profit of ¥47,000 million, and net income attributable to owners of parent of ¥32,000 million.
• Effective from the first quarter, the company changed its reporting segments to three categories: “Semiconductor Business,” “Cybersecurity Business,” and “CPS Solution Business.”

• Imagineer Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Net sales totaled ¥1,365 million, representing a 4.6% increase compared to the same period of the previous year.
• Operating profit amounted to ¥173 million, a turnaround from an operating loss of ¥36 million in the prior year’s first quarter.
• Ordinary profit reached ¥493 million (up 265.1% year-on-year), and net profit attributable to parent company shareholders was ¥318 million (up 309.8% year-on-year).
• Key factors contributing to these results include the release of the consumer game “Medarot Card Robottle RB” and the recording of gains on sales of investment securities.
• The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged from the figures announced in the financial results briefing on May 15, 2026.

Imagineer’s Q1 FY2027 results show a positive shift with increased sales and a return to operating profitability. The significant rise in ordinary and net profits appears to be largely supported by gains from the sale of investment securities, which could be a key factor for investors to consider. With the full-year forecast unchanged, the company’s future operational performance will be worth monitoring.

• GMO Financial Holdings announced preliminary consolidated financial results for the second quarter (interim) of the fiscal year ending December 2026 and a revision to its dividend forecast (increase).
• For the second quarter (interim) of the fiscal year ending December 2026, preliminary consolidated results show operating revenue of 29,544 million yen (up 9.9% year-on-year), operating profit of 10,350 million yen (up 5.9%), ordinary profit of 10,261 million yen (up 13.3%), and net profit attributable to parent company shareholders of 6,524 million yen (up 5.0%).
• During this interim consolidated accounting period, financial revenues increased due to maintained high CFD revenues, growth in deposit management revenues driven by rising interest rates, and solid performance in margin trading revenues, leading to record-high operating revenues and profits for an interim period, surpassing the previous year.
• The full-year dividend forecast for the fiscal year ending December 2026 has been revised upwards from 54.76 yen per share (announced on April 22, 2026) to 57.04 yen per share (14.45 yen per quarter) in the latest revision.
• The dividend forecast revision was made because the dividend calculated at a payout ratio of 65% based on the preliminary net quarterly profit attributable to parent company shareholders for Q2 FY2026 is expected to exceed the minimum target.

The preliminary interim consolidated financial results for GMOFH indicate an increase in key revenue indicators year-over-year, achieving a record-high performance for an interim period. This suggests that while conditions in foreign exchange and cryptocurrency markets impacted revenues, strong CFD, interest-related, and margin trading revenues drove overall performance. The upward revision of the dividend forecast may reflect the company’s commitment to shareholder returns, swiftly reflecting current period net profit progress in dividend payouts.

• Mikikogyo Co., Ltd. announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending December 2026.
• Net sales reached ¥19,902 million, marking a 24.9% increase compared to the same interim period last year.
• Operating profit was ¥944 million (down 11.9% year-on-year), ordinary profit was ¥924 million (down 12.1% year-on-year), and net income attributable to owners of the parent was ¥668 million (down 1.2% year-on-year).
• Diluted earnings per share for the interim period stood at ¥619.73.
• The full-year consolidated earnings forecast remains unchanged, with projected net sales of ¥40,000 million, operating profit of ¥1,800 million, ordinary profit of ¥1,800 million, and net income attributable to owners of the parent of ¥1,100 million.
• An interim dividend of ¥150.00 per share is planned for the second quarter end, with a projected annual dividend of ¥300.00.

• Nihon Parking Development Co., Ltd. has decided to revise its shareholder benefit program, effective from the record date of July 2026.
• Following the revision, the benefits will be expanded, and all shareholder benefits will fully transition to e-tickets.
• Key benefits include a 50% discount coupon for one day of hourly parking (for 1,000 shares or more), a one-day ski lift discount ticket for the winter season (for 500 shares or more), and a平日限定宿泊招待券 (weekday-only accommodation invitation ticket) for TOWA Pure Cottage (for 1,000 shares or more).
• New benefits related to the education business (50% discount coupon for individual instruction by professional lecturers) have been added for shareholders holding 1,000 shares or more.
• Benefits such as free parking coating coupons and a free round at Amagikogen Golf Course will continue to be offered.

This revision to the shareholder benefit program appears to aim at enhancing convenience through an expansion of existing benefits and a complete shift to e-tickets. By offering diverse services tailored to various shareholding tiers, the company may seek to broaden its shareholder base and encourage long-term holding. The strengthening of leisure and accommodation benefits, as well as the addition of education-related benefits, could provide shareholders with more opportunities to experience the company group’s diversified business operations.

• Tsuburaya Fields Holdings Co., Ltd. resolved to implement a special dividend at its Board of Directors meeting held on July 27, 2026.
• This special dividend is designated as “Ultraman 60th Anniversary Special Dividend” and will be paid as an interim dividend.
• The dividend per share is ¥70.00 (special dividend ¥70.00), an increase from the latest dividend forecast (¥0.00) and the previous fiscal year’s record (¥0.00).
• The total dividend amount is announced as 4,357 million yen.
• The record date for the dividend is September 30, 2026, and the effective date is December 1, 2026.
• The source of the dividend is retained earnings.
• The company stated its intention to continue implementing an interim dividend from the next fiscal year onward.

• Air Water Inc. has announced the scheduled disclosure dates for its Q3 FY2026 financial results and Full-Year FY2026 financial results.
• The planned disclosure date is set for Friday, July 31, 2026.
• The company had previously informed of delays in these disclosures in its announcement dated May 13, 2026, regarding “Disclosure of FY2026 March Financial Results Exceeding 45 Days After Fiscal Year End,” and on June 30, 2026, concerning “Approval of Extension of Submission Deadline for Annual Securities Report.”
• In this announcement, Air Water Inc. extended a sincere apology to shareholders, investors, and all related parties for the significant inconvenience and concern caused.

This announcement provides a definitive timeline for the delayed financial disclosures, which is crucial for market transparency. Investors may find this clarity helpful in assessing the company’s operational status and future prospects. The upcoming release of these financial details could be a key factor in how the market evaluates the company moving forward.

• Simplex Holdings, Inc. announced its Q1 FY2027 consolidated financial results for the period from April 1, 2026, to June 30, 2026.
• Consolidated revenue reached ¥16,135 million, marking a 19.8% increase compared to the same quarter of the previous year.
• Profit attributable to owners of the parent stood at ¥2,249 million, an increase of 4.2% year-on-year.
• Operating profit was ¥3,427 million (up 6.6% YoY), and profit before tax was ¥3,364 million (up 5.7% YoY).
• By service category, revenue in Strategic/DX Consulting, System Integration, and Operations Services all exceeded the prior year’s comparable quarter.
• Selling, general and administrative expenses amounted to ¥3,263 million (up 31.5% YoY), and research and development expenses increased to ¥808 million (up 228.4% YoY).

Simplex Holdings’ Q1 FY2027 results indicate continued robust growth in revenue and profit compared to the prior year. The improvement in gross profit margin, coupled with increased investments in new graduate and mid-career hiring, as well as R&D for generative AI, suggests a strategic focus on future expansion. These investments in human capital and advanced technology could be key drivers for the company’s sustained performance, making their impact on upcoming results a point of interest for investors.

• Konishi announced its consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Net sales were JPY 36,202 million (up 12.3% year-on-year), operating profit was JPY 3,257 million (up 52.5%), ordinary profit was JPY 3,481 million (up 54.2%), and profit attributable to owners of parent was JPY 2,374 million (up 53.0%).
• By segment, “Bond” business sales reached JPY 19,702 million (up 9.3% year-on-year) with operating profit of JPY 2,458 million (up 69.5%). “Chemical Products” sales were JPY 10,748 million (up 15.3%) with operating profit of JPY 499 million (up 67.2%). “Construction Business” sales were JPY 5,751 million (up 17.5%), but operating profit decreased to JPY 281 million (down 24.7%).
• EBITDA, newly reported as a key management indicator from this first quarter, was JPY 3,963 million (up 38.3% year-on-year).
• The consolidated full-year earnings forecast for the fiscal year ending March 2027 remains unchanged from the announcement made on April 24, 2026.

Konishi’s Q1 FY2027 results demonstrated significant growth across sales and all profit metrics, with operating, ordinary, and net profits all increasing by over 50%. This robust performance appears to be driven by strong demand and price revisions in the Bond and Chemical Products segments. While the Construction business saw sales growth, a decline in operating profit due to project delays suggests an area for investors to monitor in subsequent quarters.

• Kyowa Electronic Instruments resolved at its board meeting on July 27, 2026, to enter into a basic agreement for an absorption-type merger with its three wholly-owned subsidiaries: Yamagata Kyowa Electronic Instruments Co., Ltd., Kofu Kyowa Electronic Instruments Co., Ltd., and Kyowa Service Center Co., Ltd.
• Kyowa Electronic Instruments will be the surviving company, and the three subsidiaries will be dissolved.
• The effective date of the merger is scheduled for January 1, 2027.
• The merger aims to enhance group-wide competitiveness and corporate value by integrating production and after-sales service functions into the parent company, thereby strengthening value chain coordination, optimizing management resources, and improving governance, capital efficiency, and operational efficiency.
• As this is a merger with wholly-owned subsidiaries, no new shares will be issued, and no merger consideration will be paid.

This absorption-type merger appears to be a strategic move by Kyowa Electronic Instruments to restructure its long-established vertically integrated business model, aiming to enhance adaptability to evolving market conditions. The consolidation of production and after-sales service functions into the parent company could suggest an effort to create synergies and improve operational efficiency, particularly in response to increased orders in aerospace, defense, and nuclear sectors. As the merger involves wholly-owned subsidiaries, it will not result in share dilution or significant cash outflows, which is a noteworthy aspect for investors.

• Canon Inc. announced its consolidated financial results for the second quarter (first half) of the fiscal year ending December 2026 on July 27, 2026.
• Consolidated net sales for the first half of fiscal year 2026 amounted to ¥2,274,542 million, representing a 3.5% increase compared to the same period of the previous fiscal year.
• Consolidated operating profit was ¥230,595 million, marking a 7.6% increase year-on-year.
• Net income attributable to Canon Inc. shareholders for the first half was ¥171,184 million, a 9.8% increase from the prior-year period.
• Basic net income per share attributable to Canon Inc. shareholders was ¥197.51.
• The full-year consolidated earnings forecast for fiscal year 2026 remains unchanged, with net sales projected at ¥4,800,000 million, operating profit at ¥465,000 million, and net income attributable to Canon Inc. shareholders at ¥340,000 million.
• Total assets stood at ¥6,378,155 million as of June 30, 2026, an increase of 4.0% compared to December 31, 2025.

Canon’s interim results demonstrate a solid performance, with increases across net sales, operating profit, and net income attributable to shareholders compared to the previous year. The higher growth rate in net income attributable to shareholders, at 9.8%, exceeding the 3.5% growth in net sales, may suggest an improvement in profitability or operational efficiency. The unchanged full-year forecast could indicate that the company anticipates a consistent performance in the latter half or is adopting a cautious stance in its projections, which is worth monitoring for future updates.

• Komatsu Wall Industry Co., Ltd. announced its non-consolidated financial results for the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026).
• Net sales reached ¥9,976 million (+3.8% year-over-year), operating profit was ¥418 million (+36.2% year-over-year), ordinary profit was ¥439 million (+36.6% year-over-year), and net income for the quarter was ¥267 million (+23.5% year-over-year).
• By product category, sales of movable partitions grew to ¥4,858 million (+3.1% year-over-year) and movable walls to ¥1,584 million (+38.2% year-over-year).
• Orders received totaled ¥13,512 million (+6.5% year-over-year), and order backlog stood at ¥24,022 million (+9.3% year-over-year).
• The full-year forecast for March 2027 remains unchanged from the most recently announced forecast, with net sales projected at ¥48,600 million, operating profit at ¥4,260 million, ordinary profit at ¥4,310 million, and net income at ¥3,050 million.

The Q1 results show Komatsu Wall achieving increased revenue and profit, driven by solid performance in its main products like movable partitions and movable walls, supported by office demand. The significant increase in profits may suggest a combination of improved gross profit margin and the positive impact of increased sales. The growth in both orders received and order backlog could indicate a healthy pipeline for future sales, making the progress towards the full-year forecast a key area for investors to monitor.

• Kanachu Transportation announced its Q1 FY2027 financial results for the period from April 1, 2026, to June 30, 2026.
• Consolidated net sales amounted to ¥32,145 million, representing a 2.0% increase compared to the same period of the previous year.
• Consolidated operating profit reached ¥2,907 million (up 11.4% year-on-year), and ordinary profit was ¥3,012 million (up 10.6% year-on-year).
• Net profit attributable to parent company shareholders was ¥1,706 million, an increase of 11.6% from the prior year’s first quarter.
• The consolidated earnings forecasts for the full fiscal year ending March 2027, including for the second quarter (cumulative) and full year, have been revised for net sales, operating profit, ordinary profit, net profit attributable to parent company shareholders, and EPS.
• The Passenger Automobile Business segment reported sales of ¥15,550 million (up 5.1% year-on-year) and operating profit of ¥1,416 million (up 26.1% year-on-year).

Kanachu Transportation’s Q1 FY2027 results show solid growth in both revenue and profit. The notable performance of the Passenger Automobile Business, driven by fare revisions and proactive sales strategies, appears to be a key highlight. The upward revision of the full-year earnings forecast could indicate the company’s confidence in its future operational trajectory.

• Toridori Inc. resolved at its Board of Directors meeting on July 27, 2026, to acquire additional shares of its consolidated subsidiary, Toridori IS Co., Ltd., making it a wholly-owned subsidiary.
• The number of shares acquired from Toridori IS is 4,900, which will result in Toridori Inc. holding 10,000 shares (100.0% voting rights).
• To fund this acquisition, Toridori Inc. plans to enter into a loan agreement for JPY 1,200 million with Mizuho Bank.
• This loan agreement includes financial covenants: maintaining consolidated net assets at or above zero at the end of each fiscal year, and not recording consolidated ordinary losses for two consecutive fiscal years at the end of each fiscal year.
• The share transfer execution date is scheduled for July 31, 2026.

This full acquisition may suggest Toridori’s intent to streamline operations, enhance risk management, and consolidate decision-making processes for sustainable growth. The integration of Toridori IS’s sales and marketing expertise could potentially unlock further synergies within the group. The attached financial covenants on the loan agreement highlight the importance of the company’s future financial performance and should be monitored by investors.

• SBI Global Asset Management Co., Ltd. announced an interim dividend forecast of ¥9.50 per share for the fiscal year ending March 2027.
• This represents an increase of ¥0.50 per share compared to the previous fiscal year’s (March 2026) interim dividend of ¥9.00.
• This marks the 8th consecutive interim dividend increase since the company began paying interim dividends in the fiscal year ending March 2019.
• The upward revision is attributed to strong performance in the first quarter of the fiscal year ending March 2027, with net sales up 4.5 times year-on-year, operating income up 5.2 times, and ordinary income reaching 48% of the full-year previous fiscal year’s results.
• The company’s basic policy is to maintain consecutive dividend increases for 18 periods, having achieved 17 consecutive dividend increases up to the fiscal year ended March 2026.

SBI Global Asset Management’s announcement highlights a consistent track record of shareholder returns, with this being the 8th consecutive interim dividend increase. The company attributes this increase to robust business performance, particularly the significant improvements in its first-quarter results following a management integration in the previous fiscal year. This suggests a clear link between business growth and shareholder remuneration, which may be a point of interest for investors. The future trend of its full-year dividend, including the year-end dividend, remains a key aspect to monitor.

• G-LOGOS HD has resolved to change (expand) its shareholder benefit program, as announced today.
• The total resource for shareholder benefits will be increased from ¥10,000 thousand to ¥30,000 thousand.
• The program will transition to a “multi-tiered share-based shareholder benefit” system, allowing for multiple tiers of benefits based on the number of shares held, with a general condition of “continuous ownership for one year” (record date: end of May each year, holding 200 shares or more).
• As a special measure for the first time only (for the fiscal year ending May 2027), the continuous ownership condition will be replaced by a requirement to be recorded in the shareholder registry at the delivery date of the current share offering (Tier 1: 200 shares or more, ¥20,000 thousand benefit resource) and at November 30, 2026 (Tier 2: 300 shares or more, ¥10,000 thousand benefit resource).
• Based on the number of shareholders as of May 2026, the estimated benefit per person is ¥13,996 for Tier 1 only (200 shares or more) and ¥33,604 for both Tier 1 and Tier 2 (300 shares or more).

The expansion of the shareholder benefit program, featuring a substantial increase in benefit resources and a multi-tiered structure, suggests a strategic move to enhance shareholder returns. The primary condition of “continuous ownership for one year” could indicate an aim to foster a stable, long-term shareholder base. The special initial measures, with specific record dates, may also be seen as an effort to mitigate potential temporary supply-demand imbalances resulting from the upcoming share offering, while offering incentives to both new and existing shareholders.

• For the first quarter of the fiscal year ending March 2027 (April 1, 2026 – June 30, 2026), consolidated net sales were ¥17,368 million (up 17.4% year-on-year), and operating income was ¥5,407 million (up 51.3% year-on-year).
• Ordinary income amounted to ¥15,719 million (up 79.2% year-on-year), and net income attributable to owners of parent was ¥11,348 million (up 86.9% year-on-year).
• The Entertainment segment reported net sales of ¥15,930 million and segment profit of ¥5,288 million.
• During the quarter, several new titles were announced or released, including ‘Nobunaga’s Ambition: Hisho’ from the “Shibusawa Kou” brand, ‘DEAD OR ALIVE 6 Last Round’ and ‘Wo Long 2: Wings of Ember’ from the “Team NINJA” brand, and ‘Atelier Kalia: Path of Memory’ from the “Gust” brand.
• The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged, projecting net sales of ¥90,000 million (up 1.8% year-on-year) and operating income of ¥32,000 million (down 13.9% year-on-year).

Koei Tecmo’s Q1 results show significant year-on-year growth across all key profit metrics, largely attributed to strong sales of existing major titles, back catalog products, and contributions from mobile games. The consistent announcements of new titles across various brands could indicate a robust product pipeline. Investors may want to monitor how these new releases, alongside the existing portfolio, align with the company’s unchanged full-year forecasts.

• Sanyo Shokai Co., Ltd. announced a partial revision to its disclosure regarding a stock split, amendment to the Articles of Incorporation, and enhancement of the shareholder benefit program, originally disclosed on December 26, 2025.
• The revision specifically concerns the number of shares to be increased due to the stock split.
• The total number of outstanding shares before the stock split has been revised from 10,280,934 shares to 10,197,034 shares.
• Consequently, the number of shares to be increased by the split changed from 20,561,868 shares to 20,394,068 shares, and the total number of outstanding shares after the split changed from 30,842,802 shares to 30,591,102 shares.
• The reason for this change is the retirement of treasury shares between December 26, 2025, and July 27, 2026.
• All other conditions related to the stock split (record date August 31, 2026, 1-for-3 split ratio, effective date September 1, 2026) and the details of the expanded shareholder benefit program remain unchanged.

This announcement provides an update on the previously disclosed stock split plan, specifically adjusting the number of shares involved due to the retirement of treasury stock. The retirement of treasury shares can potentially impact per-share metrics, which may be of interest to investors. The company’s original plans for the stock split and the expanded shareholder benefit program, including the introduction of SANYO MEMBERSHIP points, are expected to proceed as initially outlined.

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

• Yamichi Estate Co., Ltd. announced on July 27, 2026, its decision to acquire shares of Homes Co., Ltd. and Anju Corporation.
• Homes Co., Ltd. specializes in detached housing land development, while Anju Corporation operates in detached housing construction, primarily in the southern Kyoto area.
• Yamichi stated that the acquisition of both companies, treated as a single entity, aims to strengthen its land acquisition capabilities and housing supply capacity in the Kansai region.
• The acquisition price for Homes Co., Ltd. is 141,998 thousand yen for 1,800 shares (stock consideration), and for Anju Corporation is 42,001 thousand yen for 200 shares (stock consideration).
• The stock transfer is scheduled for October 1, 2026, and both companies are expected to become consolidated subsidiaries of Yamichi from the third quarter of the fiscal year ending March 2027.

This acquisition appears to be a strategic move by Yamichi to accelerate its business expansion in the Kansai area, aligning with its mission to “maximize land value.” By integrating the business foundations and expertise of Homes and Anju Corporation, Yamichi may aim to enhance its end-to-end capabilities from development to construction, potentially creating significant business synergies. The successful integration process post-acquisition will likely be a key factor to monitor for the realization of these anticipated long-term corporate value enhancements.

• Zensho Holdings Co., Ltd. is scheduled to receive a dividend of 65,000 thousand US dollars from its consolidated subsidiary, Zensho USA Corporation, following a dividend resolution.
• The dividend is expected to be received by the end of August 2026.
• This will result in the recording of 65,000 thousand US dollars (approximately 10,660 million Japanese Yen) as non-operating income in Zensho Holdings’ individual financial results for the fiscal year ending March 2027.
• There will be no impact on the consolidated financial statements for the fiscal year ending March 2027, as it will be offset during consolidation.

This announcement indicates a significant cash inflow for Zensho Holdings at the individual company level, reflecting the profitability and dividend distribution policy of its overseas subsidiary. While this will boost the parent company’s individual financial performance, investors should note that the transaction is eliminated at the consolidated level, meaning no impact on the overall group’s reported consolidated earnings.