Japan Stock IR Daily – May 29, 2026 (61 reports)

• The financial results for the Nissei ETF Nikkei 225 Index (Code 473A) for the fiscal period ended April 2026 (December 4, 2025 to April 20, 2026) were announced on May 29, 2026.
• As of the end of the calculation period (April 20, 2026), net assets totaled JPY 19,876 million.
• The total number of outstanding units at the end of the calculation period was 16,820 thousand units.
• The net asset value per 100 units was JPY 118,170.
• The distribution per 100 units was JPY 700.
• Total operating revenue was JPY 2,235,876,349, and net income for the period was JPY 2,230,497,305.

The Nissei ETF Nikkei 225 Index aims to track the Nikkei 225 Total Return Index, primarily investing in beneficiary certificates of a master fund. The announced results provide key metrics such as net assets, net asset value, and distributions, which investors may use to assess the fund’s performance. The distribution per 100 units, in particular, represents a direct return to investors and is likely to be a focal point for evaluation.

• Kyoritsu Maintenance Co., Ltd. has released its financial results presentation for the fiscal year ended March 2026 (April 1, 2025 – March 31, 2026).
• Net profit for the period reached ¥18.7 billion, representing a 28.5% increase year-over-year, marking a third consecutive year of record high profits.
• Consolidated net sales were ¥275.2 billion (up 20.2% YoY), operating profit was ¥24.8 billion (up 21.2% YoY), and ordinary profit was ¥26.2 billion (up 22.3% YoY).
• The hotel business (Dormy Inn and Resort) achieved increased revenue and profit due to higher occupancy rates and optimized pricing. Inbound visitor ratio was 21.4% (up 1.1pt YoY), and direct booking ratio was 25.8% (up 3.0pt YoY).
• The dormitory business maintained a strong initial occupancy rate of 97.4% (up 0.4pt YoY), contributing to increased revenue and profit through optimized pricing and increased occupancy. Four real estate fluidization transactions were executed, generating ¥35.0 billion in sales and ¥2.3 billion in operating profit.

Kyoritsu Maintenance’s FY2026 results indicate robust performance driven by strong growth in its core businesses and contributions from real estate fluidization. The improved occupancy and successful pricing strategies in the hotel segment, coupled with sustained high occupancy in the dormitory business, appear to underpin the company’s stable earnings foundation. The increase in cash flow alongside a decrease in capital expenditure may suggest a focus on capital efficiency and financial health.

• Mitsubishi Corporation announced a merger among subsidiaries of its wholly-owned salmon farming company, Cermaq Group AS, involving its Canadian operations.
• Following the merger, Cermaq British Columbia Ltd. will be newly established as a specified subsidiary, while CQ Canada Holding Ltd. will be removed from the list of specified subsidiaries.
• The purpose of this merger is to integrate multiple subsidiaries under Cermaq’s Canadian operations into a new company, aiming to optimize the efficient use of management resources and integrate functions.
• The effective date of the merger is scheduled for June 1, 2026.
• Mitsubishi Corporation expects the impact of this change on its consolidated financial results and condition for the fiscal year ending March 2027 to be minor.

This announcement reflects an internal reorganization within Mitsubishi Corporation’s consolidated subsidiaries, specifically aimed at strengthening its salmon farming business in Canada. The consolidation of functions and resources may suggest an effort to enhance operational efficiency and competitiveness within the region. While the immediate impact on consolidated earnings is stated as minor, such strategic restructuring could potentially contribute to long-term operational improvements.

• iSSP Kavako (452A) announced its financial results for the April 2026 fiscal period for iShares S&P 500 Premium Income ETF (Nickname: Plus Income S&P500) on May 29, 2026.
• The operational period covered November 10, 2025, to April 18, 2026.
• Total net assets amounted to ¥5,211 million.
• Outstanding units were 6,540 thousand, with a net asset value per unit of ¥796.911.
• The distribution per 10 units was announced as ¥581.
• Total operating revenue was ¥182,495,010, total operating expenses were ¥3,085,144, and net profit for the period was ¥179,409,866.

This earnings report provides a factual overview of the iShares S&P 500 Premium Income ETF’s performance and financial standing for the April 2026 fiscal period. Key metrics such as net assets, outstanding units, and NAV per unit offer insights into the fund’s operational scale and value. The announced distribution per 10 units may also be a relevant factor for investors assessing the fund’s income generation.

• Hard Off Corporation announced the finalized financial results for the fiscal year ended February 2026 for its parent company and other related company, Yamamoto Asset Co., Ltd.
• Yamamoto Asset Co., Ltd.’s business activities include investment, holding, buying/selling, and operation of securities, as well as real estate leasing. Its capital is 57 million JPY.
• As of February 28, 2026, Yamamoto Asset Co., Ltd.’s balance sheet shows total assets of 3,916,604,281 JPY, with total liabilities and net assets matching this figure.
• The income statement for Yamamoto Asset Co., Ltd. for the period from March 1, 2025, to February 28, 2026, reported a net income of 312,814,624 JPY.
• The representative director and chairman of Yamamoto Asset Co., Ltd. is Aiko Yamamoto, and the representative director and president is Taro Yamamoto. Taro Yamamoto, who is also the representative director and president of Hard Off Corporation, assumed the position of representative director and president of Yamamoto Asset Co., Ltd. in April 2026.

The disclosure of the parent company Yamamoto Asset Co., Ltd.’s financial results enhances transparency regarding the financial health of the broader Hard Off Corporation group. A net income of ¥312.81 million suggests that its securities investment and real estate leasing activities contributed positively to earnings. The dual roles of key executives across both companies may indicate integrated management and strategic alignment within the group.

• Shinwa Wise Holdings’ non-listed parent company, Catalyst Art Investments Co., Ltd., disclosed its financial results for the fiscal year ended February 2026 (March 1, 2025, to February 28, 2026).
• Catalyst Art Investments’ primary business activities include forming and managing art funds, proprietary investments in paintings, sculptures, and contemporary art, and providing investment advisory services for art funds.
• As of February 28, 2026, Catalyst Art Investments Co., Ltd. holds 33.30% of the voting rights of Shinwa Wise Holdings’ outstanding shares.
• For the fiscal year ended February 2026, Catalyst Art Investments Co., Ltd. reported sales of ¥1,000,115 thousand, operating income of ¥10,147 thousand, ordinary income of ¥10,684 thousand, and net income of ¥6,942 thousand.
• The company’s balance sheet showed total assets of ¥5,763,858 thousand, total liabilities of ¥3,307,831 thousand, and total net assets of ¥2,456,026 thousand.

The disclosure of financial information by its parent company, Catalyst Art Investments Co., Ltd., provides essential insights into the business context of Shinwa Wise Holdings. The performance of the parent company’s art investment business, particularly given its capital and personnel ties with Shinwa Wise Holdings, could indicate broader group strategy and direction. The parent company’s financial health and business progress may indirectly influence Shinwa Wise Holdings’ operations, making it a point of continuous interest for investors.

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

• Fund name: State Street SPDR S&P500® ETF (Unhedged), Ticker: 449A, Listed Exchange: Tokyo Stock Exchange.
• The operational period for the fiscal year ended April 2026 was from November 17, 2025, to April 20, 2026.
• Net assets at the end of the period were ¥2,034 million, with a net asset value per 100 units of ¥76,783.
• Outstanding units at the end of the period totaled 2,650 thousand units.
• A distribution of ¥70 per 100 units was declared for the fiscal year ended April 2026, with the payment start date on May 29, 2026.

This financial report provides key operational metrics for SSSP Hedge-less, an actively traded ETF. The disclosed net asset value, NAV per unit, and outstanding units offer a direct insight into the fund’s scale and performance over the period. For investors, the data on creation and redemption activity, along with the declared distribution per unit, could be significant indicators for assessing liquidity and potential returns.

• Shikoku Chemicals Corporation (4099) announced a stock split, where each common share will be divided into two shares.
• The record date for the stock split is June 30, 2026, and the effective date is July 1, 2026.
• The total number of outstanding shares will increase from 44,869,563 shares to 89,739,126 shares post-split.
• The purpose of the stock split is to reduce the investment unit per share, thereby enhancing liquidity and expanding the investor base.
• The forecast for the year-end dividend for the fiscal year ending December 2026 has been revised to JPY 15.00 per share due to the stock split, representing no substantial change when adjusted for the split ratio.

This stock split by Shikoku Chemicals could potentially make the company’s shares more accessible to a wider range of investors, which may lead to increased trading liquidity. Reducing the investment unit is often seen as a strategy to attract a broader investor base, including individual investors utilizing schemes like NISA in Japan. It is worth noting that the dividend forecast adjustment is a direct consequence of the split ratio, indicating the company’s underlying dividend policy remains consistent on a pre-split basis.

• WILLGROUP Co., Ltd. announced a partial correction to its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 [IFRS]” on May 29, 2026, which was originally released on May 14, 2026.
• The correction specifically pertains to “2. Dividends” and the “Dividend payout ratio attributable to owners of the parent (consolidated)” for “Fiscal Year Ending March 31, 2027 (Forecast)”.
• The corrected value for this ratio is “45.7%”, whereas it was previously left blank.
• Other dividend figures, such as the year-end and total annual dividends of 44.00 yen, and the total amount of dividends, remain unchanged.
• This correction was made due to an error in the numerical data, and the corrected numerical data has been resubmitted.

This correction provides a specific forecast for the dividend payout ratio attributable to owners of the parent for the fiscal year ending March 2027, which was previously undisclosed. The addition of this figure could offer investors a clearer view into the company’s future shareholder return policy. This information may be considered a key detail for investors assessing the company’s prospective dividend strategy and its commitment to shareholder value.

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

• Imagineer Co., Ltd. announced the financial results of its non-listed parent company, IIB Inc., for the fiscal year ended February 2026.
• For the period from March 1, 2025, to February 28, 2026, IIB Inc. reported sales of ¥253,121 thousand and net income of ¥254,958 thousand.
• As of February 28, 2026, IIB Inc.’s total assets were ¥5,588,748 thousand, and total net assets were ¥5,298,460 thousand.
• IIB Inc. holds 45.7% of Imagineer Co., Ltd.’s voting rights as of March 31, 2026.
• The principal shareholders of IIB Inc. are Takashi Kozoh (Representative Director and President) and Honoka Kozoh (Representative Director and Vice President), who collectively own 100% of the outstanding shares.
• Takashi Kozoh, Chairman of the Board at Imagineer Co., Ltd., concurrently serves as Representative Director and President of IIB Inc.

The disclosure of IIB Inc.’s financial results by Imagineer is typically aimed at increasing transparency regarding the financial health of the parent company for a publicly listed subsidiary. IIB Inc.’s primary business activities involve the holding and management of securities, real estate sales, leasing, and management, with no reported transaction relationships with Imagineer. This information could be relevant for investors in understanding the controlling shareholder structure and financial stability underpinning Imagineer.

• JET Co., Ltd. announced its consolidated financial results for the fiscal year ended December 31, 2025 (January 1, 2025, to December 31, 2025).
• Revenue for the period was ¥14,662 million, representing a 24.1% decrease compared to the previous fiscal year.
• Operating profit turned into a loss of ¥1,493 million (compared to a profit of ¥1,087 million in the prior year).
• Ordinary profit also recorded a loss of ¥1,575 million (compared to a profit of ¥960 million in the prior year).
• Net profit attributable to owners of parent was a loss of ¥2,336 million (compared to a profit of ¥540 million in the prior year).
• Basic earnings per share for the period was ¥△177.97.
• The year-end dividend for FY2025 was ¥0.00, resulting in an annual dividend of ¥0.00 (compared to ¥6.00 for FY2024).
• The consolidated earnings forecast for the fiscal year ending December 2026 is scheduled to be disclosed at the time of the second-quarter financial results announcement.

JET Co., Ltd.’s FY2025 financial results show a significant decline in revenue and a shift to losses across all profitability metrics. This performance may suggest the impact of the semiconductor industry’s investment cycles and competitive landscape on the company’s operations. Investors may be looking for updates on the company’s strategies for recovery and the upcoming FY2026 earnings forecast disclosure.

• G-Fureasu reported full-year revenue of JPY 7,637 million for the fiscal year ending March 2026, an increase of 0.7% year-over-year.
• Operating profit for the same period was JPY 293 million, marking a return to profitability from an operating loss of JPY (105) million in the prior year.
• Ordinary profit reached JPY 337 million (vs. JPY (165) million last year), and net profit was JPY 508 million (vs. JPY (244) million last year).
• The primary factor for the turnaround to profitability was the partial sale of medical care facilities, including medical support-type nursing homes and small-scale multi-functional nursing care facilities, in September 2025.
• Revenue for the directly managed massage business increased by 4.5% to JPY 4,144 million, and the massage franchise business saw revenue grow by 10.5% to JPY 1,133 million.

The significant turnaround from a loss to substantial profit in FY2026/3 is a key highlight for investors. The contribution of the partial sale of medical facilities to the profit structure, combined with the solid growth in its core massage business, could be a focal point for evaluating the company’s future business portfolio. The balance between improved operational efficiency and the growth potential of existing businesses may continue to be a monitored factor.

• Hyojito Co.,Ltd. reported for the full fiscal year ended March 2026: net sales of ¥10,832 million (up 8.1% year-on-year), operating profit of ¥1,049 million (up 7.0%), ordinary profit of ¥1,138 million (up 10.8%), and net profit of ¥804 million (up 10.9%).
• The Ad-Promotion business, particularly “TAXFREESHOPS.JP,” showed significant growth, and AISAY Co., Ltd. became a consolidated subsidiary on October 1, 2025, securing large-scale sign projects.
• The company recorded ¥111 million in negative goodwill as an extraordinary gain from the acquisition of AISAY Co., Ltd. shares, while also recognizing ¥104 million in impairment losses and provision for business restructuring related to the “NAVI Alert” disaster prevention solution business as an extraordinary loss.
• For the fiscal year ending March 2027, the consolidated performance forecast projects net sales of ¥11,300 million (up 4.3% year-on-year), operating profit of ¥1,090 million (up 3.9%), ordinary profit of ¥1,175 million (up 3.2%), and net profit of ¥810 million (up 0.7%).
• The annual dividend for FY2027/3 is projected to be ¥65 per share (interim ¥33, year-end ¥32), including a ¥1記念dividend for the 60th anniversary, an increase from ¥62 in FY2026/3.

The robust performance can be attributed to the successful integration of AISAY Co., Ltd. and strong growth in the Ad-Promotion segment. The decision to streamline the “NAVI Alert” business may suggest a strategic realignment in specific operational areas. Looking ahead to FY2027/3, the forecast for continued revenue and profit growth, despite ongoing investments in human resources and capital expenditure, could indicate a sustained focus on future expansion.

• Soken Chemical announced its new mid-term management plan, “Advance 2028,” setting performance targets for FY2028: net sales of ¥56.0 billion, operating profit of ¥7.5 billion, and an operating profit margin of 13.4%.
• Compared to the FY2025 actual results of ¥47.9 billion in sales and ¥6.1 billion in operating profit, the FY2028 targets represent an increase of ¥8.1 billion and ¥1.4 billion, respectively.
• The company plans to invest a cumulative total of ¥27.0 billion in growth and maintenance over the plan period (FY2026-2028), including ¥12.0 billion for new domestic facilities/reorganization, ¥3.5 billion for Thailand base reconstruction, ¥4.8 billion for R&D/new business development, and ¥6.7 billion for maintenance/rationalization.
• The key strategies for “Advance 2028” are “Business expansion in the ASEAN/India region,” “Entry into highly compatible business domains,” and “Strengthening profitability in existing business domains.”
• Regarding shareholder returns, the company aims to gradually increase its Dividend on Equity (DOE) ratio from 3.1% to 4.0% by FY2028.

The “Advance 2028” plan addresses the “delay in growth investments” identified in the previous mid-term plan, “Advance 2025,” by proposing a significant acceleration of investment. The allocation of investments towards expansion in ASEAN/India and entry into new business domains suggests a strong commitment to transforming the company’s business portfolio. Furthermore, the targeted increase in the DOE ratio for shareholder returns indicates an emphasis on capital efficiency and a commitment to stable shareholder returns.

• G-KAIHO has entered into a business alliance agreement with Big Hands Inc. to implement smart kitchen solutions utilizing physical AI.
• The project aims to address key management challenges including labor shortages, rising labor costs, and increasing recruitment/training expenses.
• The initiative will involve site surveys at designated G-KAIHO stores, a pilot introduction of dishwashing robots, and subsequent performance verification.
• The pilot introduction is scheduled for August 2026, with an effectiveness verification period of approximately 8 to 12 weeks post-implementation.
• The cost for the pilot introduction is JPY 1 million, and the impact on consolidated financial results for the current fiscal year is currently under review.

This business alliance represents a strategic move by G-KAIHO to leverage technology for operational efficiency in response to systemic labor shortages and rising costs within the restaurant industry. The initial focus on integrating physical AI for dishwashing tasks could potentially lead to automation, standardized quality, and improved working conditions for employees. Investors may monitor the results of the pilot introduction as an indicator of the project’s scalability and its potential impact on future business strategies and profitability.

• Towa Food Services announced that its full-year financial results for the fiscal year ended April 2026 exceeded its previously announced forecasts.
• Revenue reached ¥13.314 billion (up 4.0% from previous forecast), operating profit was ¥983 million (up 14.3%), ordinary profit was ¥1.133 billion (up 25.9%), and profit attributable to owners of parent was ¥751 million (up 36.5%).
• Diluted earnings per share (EPS) for the period was ¥93.05.
• The company decided to increase its year-end dividend from ¥10 per share to ¥12 per share.
• The improved performance was attributed to increased customer traffic due to rising demand for dining out, higher average customer spending due to price revisions, and an increase in non-operating income from interest received and foreign exchange gains.

This announcement indicates that Towa Food Services significantly surpassed its earlier financial projections. The recovery in dining-out demand and price adjustments appear to have boosted both revenue and profits, while non-operating income also notably contributed to ordinary and net profits. The decision to increase the dividend may suggest a commitment to shareholder returns, supported by the strong performance.

• Hisaka Works reported consolidated results for the fiscal year ended March 2026, with net sales of ¥44,890 million, operating profit of ¥3,303 million, ordinary profit of ¥3,620 million, and net income attributable to owners of parent of ¥3,449 million.
• The FY2026/3 performance exceeded initial plans, achieving 102.0% of net sales, 110.1% of operating profit, and 128.2% of net income attributable to owners of parent against the original targets.
• By segment, the Process Engineering business recorded net sales of ¥22,405 million (up 30.6% year-on-year) and segment profit of ¥2,129 million (up 50.2% year-on-year), significantly contributing to the overall performance.
• The Heat Exchanger business segment profit decreased to ¥988 million (down 26.4% year-on-year), impacted by expenses related to the Kohoike Plant restructuring.
• Consolidated order backlog as of March 31, 2026, stood at ¥25,036 million, a decrease of 8.4% compared to the end of the previous fiscal year.

Hisaka Works’ FY2026/3 results demonstrate strong performance, with both sales and profits exceeding targets, primarily driven by the robust growth in its Process Engineering segment. While the Heat Exchanger segment faced some cost impacts, the overall profit growth indicates resilience. Investors may find the simultaneous announcement of the new mid-term management plan noteworthy, as it outlines future strategies and growth prospects, offering insights into how the company plans to sustain this momentum and achieve its strategic goals.

• Mikuni Corporation announced its consolidated financial results for the fiscal year ended March 31, 2026, reporting consolidated net sales of ¥103,419 million, a 2.0% increase year-over-year.
• Consolidated operating profit rose by 38.3% to ¥4,181 million, and consolidated ordinary profit increased by 17.7% to ¥3,340 million.
• However, profit attributable to owners of parent decreased by 38.6% to ¥1,197 million, primarily due to the absence of gains on sales of investment securities recorded in the previous fiscal year.
• By segment, the Mobility Business recorded net sales of ¥85,725 million (up 1.9%) and operating profit of ¥2,734 million (up 16.2%). The Trading Business saw sales of ¥10,212 million (up 13.6%) and operating profit of ¥1,605 million (up 39.4%).
• For the fiscal year ending March 31, 2027, the company forecasts consolidated net sales of ¥110,000 million (up 6.4%), operating profit of ¥4,300 million (up 2.8%), and profit attributable to owners of parent of ¥1,700 million (up 42.0%).

Mikuni’s FY2026 results show a mixed performance with revenue and operating profit growth, but a decline in net profit due to non-recurring factors from the prior year. This contrast in profitability metrics may warrant closer inspection by investors regarding the underlying operational performance versus extraordinary items. The company’s optimistic forecast for FY2027, projecting increases across all key profitability metrics, could indicate confidence in its future business strategies and market conditions.

• Yagami Co., Ltd. announced its consolidated financial results for the fiscal year ended April 2026 (April 21, 2025, to April 20, 2026).
• Consolidated operating results show net sales of ¥11.502 billion (up 5.8% year-on-year), operating profit of ¥2.235 billion (up 14.8%), and ordinary profit of ¥2.298 billion (up 15.5%).
• Profit attributable to owners of parent reached ¥1.588 billion (up 22.1% year-on-year).
• The annual dividend per share for FY2026 increased to ¥303 (interim ¥146, year-end ¥157) from ¥174 in FY2025.
• The consolidated earnings forecast for FY2027 projects net sales of ¥11.500 billion (down 0.0% year-on-year), profit attributable to owners of parent of ¥1.470 billion (down 7.5%), and an annual dividend of ¥280 (interim ¥135, year-end ¥145).

Yagami’s fiscal year 2026 results show a strong increase in both net sales and all profit metrics, with a significant rise in profit attributable to owners of parent. The substantial increase in the annual dividend per share may suggest a focus on shareholder returns. However, the forecast for fiscal year 2027 indicates flat net sales and a decrease in profits, which could suggest a cautious outlook on future business conditions.

• SHOBIDO Co., Ltd. released its Q2 FY2026 earnings presentation material on May 29, 2026.
• For the second quarter of the fiscal year ending September 2026 (cumulative), the company reported net sales of ¥11.466 billion (+6.8% year-on-year), operating profit of ¥1.131 billion (+53.8% year-on-year), ordinary profit of ¥1.088 billion (+56.9% year-on-year), and net profit attributable to parent company shareholders of ¥647 million (+40.9% year-on-year).
• The gross profit margin improved by 3.8 percentage points, from 30.5% in the prior year period to 34.3%.
• Sales of proprietary products increased by 10.8% to ¥10.426 billion, raising their composition ratio in total sales to 90.9%.
• The annual dividend forecast has been revised from the previously announced ¥30 to ¥33 per share, representing an increase of ¥5 compared to the previous fiscal year.
• The full-year earnings forecast has been upwardly revised for profit metrics: operating profit to ¥1.8 billion (up ¥200 million from previous forecast), ordinary profit to ¥1.73 billion (up ¥180 million), and net profit attributable to parent company shareholders to ¥1.05 billion (up ¥120 million), while net sales remain at ¥23.0 billion.

SHOBIDO’s strong Q2 FY2026 performance appears driven by the expansion of proprietary product sales and an increased proportion of high-profit margin products, which contributed significantly to the improved gross profit margin. Despite increases in selling, general, and administrative expenses, the positive impact of margin improvement and the contribution from Picomonte Japan likely led to substantial growth in operating profit. The upward revision of the full-year earnings forecast and the increased annual dividend forecast could signal positive prospects for future shareholder returns.

• Chiiki Shinbunsha’s Board of Directors resolved on May 29, 2026, to implement a stock split.
• The stock split will be conducted at a ratio of 1.8 shares for every one common share, with a record date of June 25, 2026, and an effective date of June 26, 2026.
• The primary objective of this stock split is to clarify the voting rights ratio of a shareholder group, previously identified for concerted actions, that is believed to hold shares substantially through margin trading. Secondary objectives include enhancing stock liquidity and expanding the investor base.
• The authorized shares will be changed from 16,000,000 shares to 28,800,000 shares following the split.
• There will be no change to the stated capital. The exercise prices for existing stock acquisition rights (6th, 8th, 9th, 10th, and 11th series) will be adjusted on the effective date of June 26, 2026.

This stock split is primarily aimed at clarifying the voting rights ratio of a specific shareholder group, indicating a direct link to the company’s previously recognized concerted actions. The stated intention to encourage the conversion of margin-held shares to physical shares by this group is a notable aspect for market observers. Furthermore, by reducing the price per investment unit, the split could enhance accessibility for individual investors, potentially leading to increased liquidity and a broader investor base.

• P-SUGA STEEL’s consolidated financial results for the fiscal year ended March 31, 2026 (April 1, 2025 – March 31, 2026) show net sales of ¥2,066 million, a decrease of 10.9% year-on-year.
• The company reported an operating loss of ¥92 million and an ordinary loss of ¥90 million.
• Net loss attributable to owners of parent expanded to ¥250 million, from a loss of ¥87 million in the previous fiscal year.
• Loss per share was ¥838.13.
• The equity ratio stood at 1.7%, and net assets per share were ¥106.71.
• For the fiscal year ending March 31, 2027, the company forecasts consolidated net sales of ¥2,651 million (up 28.3% year-on-year), operating profit of ¥63 million, ordinary profit of ¥23 million, net profit attributable to owners of parent of ¥13 million, and earnings per share of ¥46.15.

P-SUGA STEEL’s FY2026/3 results indicate a challenging period with decreased sales and an expanded net loss, reflecting a difficult operating environment. The significant increase in net loss attributable to owners of parent suggests a notable impact on the company’s financial health. However, the forecast for FY2027/3 projects a recovery with anticipated increases in both revenue and profit, which may suggest management’s efforts toward operational turnaround are expected to bear fruit.

• Media Do Co., Ltd. released its Full-Year FY2026/2 Earnings FAQ on May 29, 2026.
• Consolidated net sales for FY2026/2 reached JPY 108.53 billion (up 6.5% year-on-year), marking a new record high for the first time in four years and achieving the initial full-year forecast.
• Operating profit for the same period was JPY 2.45 billion (down 0.9% year-on-year), falling short of the initial forecast of JPY 2.72 billion (achievement rate 90.2%). This was primarily due to delayed improvements in strategic investment businesses (Nihon Bungeisha and Flyer) and development investments for a translation system to accelerate overseas expansion.
• Net profit attributable to owners of parent was JPY 1.81 billion (up 33.3% year-on-year), driven by a gain on sale of MyAnimeList shares (JPY 0.53 billion) recorded in March 2025.
• The forecast for FY2027/2 includes net sales of JPY 118.0 billion (up 8.7% year-on-year), operating profit of JPY 2.40 billion (down 2.2% year-on-year), and net profit attributable to owners of parent of JPY 1.20 billion (down 34.0% year-on-year).
• Key factors for the FY2027/2 operating profit change include a decrease in the e-book distribution business (JPY -0.22 billion) and an improvement in strategic investment businesses (JPY +0.35 billion, including a JPY +0.28 billion contribution from Seven Seas for nine months).

Media Do’s FY2026/2 results show record-high revenue, but operating profit missed initial targets, which could draw investor attention. The delayed improvements in strategic investment businesses, particularly Nihon Bungeisha and Flyer, appear to be an ongoing challenge impacting profit figures for FY2027/2. Conversely, investments in translation systems for international expansion and the anticipated contribution from the acquired Seven Seas business are expected to drive improvements in the strategic investment segment for the upcoming fiscal year, suggesting a potential shift in the company’s business portfolio and profit structure that is worth monitoring.

• G-Kankyo Friendly Holdings announced on May 28, 2026, the acquisition of all shares of AI Tech Tomakomai Inc. (ATT), making it a subsidiary, and the acquisition of fixed assets (land).
• ATT plans a container-type AI data center business utilizing GPU clusters in Tomakomai, Hokkaido, aiming for Phase 1 launch with a 10MW capacity and phased operation starting September 2026. Future expansion to 50MW is under consideration.
• The acquired land is located at 32-17 Kashiwabara, Tomakomai City, Hokkaido, with an area of 100,407.61㎡ and an acquisition price of JPY 1.17 billion.
• The company provided ATT with a total loan of JPY 1.2 billion on May 28, 2026, for initial project promotion, covering land costs, rent, and other related expenses. This funding originated from JPY 0.5 billion borrowed from MC Corporation and the company’s own funds.
• This is an initial participation in the AI infrastructure business, and the final investment scale, GPU procurement, power supply contracts, and customer acquisition status for full-scale operation are currently undetermined.

This announcement suggests an initial step in G-Kankyo Friendly’s mid-to-long-term growth strategy to expand into the GX x AI infrastructure sector. Positioning the “watt-bit linkage” between renewable energy and AI data centers as a strategic project could highlight potential synergies with the company’s existing businesses. However, with final investment scale and profitability still undetermined, future progress and disclosure of additional information will be important to monitor.

• G-Socialwire resolved to acquire 100% of the issued shares of SEIRYO Co., Ltd., making it a wholly-owned subsidiary, at its Board of Directors meeting held on May 29, 2026.
• SEIRYO specializes in advertising operation support services, particularly performance-based ad management, in the short video domain centered on TikTok.
• The acquisition price totals JPY 376 million (approximate), comprising JPY 345 million for the target company’s shares and JPY 31 million (estimated) for acquisition-related expenses.
• The stock transfer is scheduled to be executed on June 12, 2026.
• Through this acquisition, G-Socialwire aims to strengthen its ad operation and performance-based SNS ad business in the TikTok/short video segment, promote cross-selling and up-selling by integrating customer bases and existing businesses, and build an efficient business operation system by merging organizations, know-how, and system platforms.

G-Socialwire’s full acquisition of SEIRYO appears to be a strategic move to integrate its digital marketing offerings, from influencer initiatives to ad operations and performance-based models. Given the continued growth of the short video market, particularly on TikTok, acquiring SEIRYO, a company strong in this area, could enhance G-Socialwire’s competitive position. This acquisition is framed as a strategic growth investment towards achieving its mid-term target of JPY 5 billion in sales by March 2028, making its future impact on earnings worth monitoring.

• G-Karadanote announced a change in the share transfer execution date for the acquisition (making it a subsidiary) of FPO Co., Ltd.
• The original scheduled share transfer execution date of August 1, 2026, has been moved forward to June 1, 2026.
• The reason for the change is attributed to faster-than-expected progress in discussions with financial institutions and adjustments among relevant parties.
• This acceleration aims to expedite the creation of various synergies through the group integration.
• The impact of this matter on the fiscal year ending July 2026 performance is currently under review, and any discloseable matters will be promptly announced.

The acceleration of the share transfer execution date may suggest a smooth and efficient progression of the subsidiary acquisition process. This could indicate that G-Karadanote’s planned synergies with FPO might begin to materialize earlier than initially projected, which is worth monitoring for investors. However, as the specific impact on the July 2026 fiscal year performance is still being assessed, it will be important to pay attention to any future disclosures.

• TRICHEMICAL RESEARCH INC. announced its consolidated financial results for the first quarter of the fiscal year ending January 2027 (February 1, 2026 – April 30, 2026).
• Consolidated net sales amounted to 7,488 million yen, a 14.0% increase compared to the same period of the previous fiscal year.
• Consolidated operating profit was 2,069 million yen (up 20.8%), and consolidated ordinary profit reached 2,485 million yen (up 51.5%).
• Net profit attributable to owners of parent was 1,855 million yen (up 53.6%).
• Diluted earnings per share for the quarter were 57.09 yen.
• The full-year consolidated earnings forecast for the fiscal year ending January 2027 remains unchanged from the forecast announced on March 13, 2026.

Trichemical’s Q1 FY2027 results show significant growth across sales and profits, which appears to be driven by increased demand for high-purity chemical compounds used in semiconductor manufacturing. The company’s report indicates that the expansion of data center investments due to the spread of generative AI and robust investment in advanced logic and memory contributed to this demand increase. Cost reduction efforts and sales price revisions in response to fluctuating raw material and energy prices likely supported the improvement in profit margins.

• Natoco announced its consolidated financial results for the second quarter of the fiscal year ending October 2026.
• Net sales for the interim period reached ¥11,514 million, representing a 4.5% increase compared to the same period in the previous year.
• Operating profit was ¥864 million (+33.5% YoY), ordinary profit was ¥1,024 million (+90.3% YoY), and net profit attributable to owners of parent was ¥659 million (+84.1% YoY).
• The significant increase in ordinary profit and net profit was primarily attributed to the recording of foreign exchange gains, contrasting with foreign exchange losses in the prior year.
• There were no revisions to the full-year consolidated earnings forecast or the year-end dividend forecast of ¥27.00 per share.
• Segment-wise, net sales for the paint business were ¥7,270 million (+0.4% YoY), the fine chemical business ¥1,305 million (+13.4% YoY), and the distillation business ¥2,937 million (+11.6% YoY).

Natoco’s Q2 FY2026 results highlight a steady increase in net sales, significantly bolstered by foreign exchange gains, which drove substantial growth in ordinary and net profits. All segments achieved revenue growth, with the fine chemical and distillation businesses showing particularly strong performance, suggesting a broad-based contribution to earnings. The unchanged full-year forecast, however, indicates that the company may be factoring in potential future challenges or uncertainties, making the performance in the second half and currency trends worth monitoring for investors.

• Washington Hotel Co., Ltd. announced a partial correction to its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Japanese GAAP)” on May 29, 2026, which was originally released on May 14, 2026.
• The reason for the correction is a reclassification of borrowings under a syndicate loan agreement totaling ¥7,613,000 thousand.
• This amount, which matures in March 2027, was reclassified from “Long-term borrowings” under non-current liabilities to “Current portion of long-term borrowings” under current liabilities.
• As a result of the correction, “Current portion of long-term borrowings” as of March 31, 2026, increased from ¥1,000,000 thousand to ¥8,613,000 thousand, and “Long-term borrowings” decreased from ¥12,613,000 thousand to ¥5,000,000 thousand.
• This correction is solely a change in presentation and has no impact on the company’s net assets or profit/loss.

This correction primarily concerns the reclassification of debt on the balance sheet, which does not alter the underlying financial health of the company. However, the increase in current liabilities and a corresponding decrease in non-current liabilities may suggest a higher proportion of debt requiring repayment in the short term. Investors might consider this change when assessing the company’s short-term liquidity and debt repayment capacity, making it a point worth monitoring in evaluating financial stability.

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

• KITAC announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending October 2024.
• Revenue was JPY 1,778 million (up 1.1% year-on-year), operating income was JPY 232 million (up 19.7% year-on-year), and ordinary income was JPY 233 million (up 13.4% year-on-year).
• Net income attributable to owners of parent was JPY 179 million (down 25.4% year-on-year).
• Diluted earnings per share (interim) were JPY 31.98.
• The full-year consolidated earnings forecast remains unchanged from the previous announcement, projecting revenue of JPY 3,587 million, operating income of JPY 254 million, ordinary income of JPY 259 million, and net income attributable to owners of parent of JPY 170 million.
• During the interim consolidated accounting period, JPY 22 million was recorded as extraordinary income from a subsidy for the “Housing/Building Demand-Integrated Energy Saving Investment Promotion Project.”

KITAC’s Q2 results show a modest revenue increase but significant double-digit growth in operating and ordinary income, which could indicate improved operational efficiency. However, the decrease in net income attributable to owners of parent, despite the recognition of extraordinary income, suggests other factors such as tax effects may have played a role compared to the prior year. The unchanged full-year forecast implies the company views the current progress as consistent with its previous expectations, making the achievement of the annual net profit target an area for investors to monitor.

• G-Batonz Co., Ltd. announced its consolidated financial results for the full fiscal year ended March 2026.
• Revenue reached ¥2,004 million (up 45% year-on-year), and operating profit was ¥363 million (up 600% year-on-year), both setting new company records.
• The operating profit margin stood at 18%.
• While the number of M&A deals closed was 753 (down 6% year-on-year), the average deal value significantly improved to ¥1,611 thousand (up 62% year-on-year), indicating an improvement in qualitative KPIs.
• For the fiscal year ending March 2027, the company forecasts revenue of ¥2,447 million (up 22% year-on-year) and operating profit of ¥387 million (up 6% year-on-year).

The FY2026/3 results show significant growth in both revenue and operating profit, with the latter surging by 600% year-on-year, reaching record highs. This performance appears to be driven by the company’s strategic focus on “qualitative improvement,” which included stricter screening processes and the use of AI to enhance operational efficiency, leading to a substantial increase in average deal value. The FY2027/3 outlook suggests continued revenue growth, but the more modest profit growth rate could indicate investments aimed at laying a foundation for future expansion.

• Narnet Communications Co., Ltd. issued an “Amendment to a Portion of the ‘FY2026 March Earnings Presentation Materials / Matters Concerning Growth Potential and Mid-Term Management Plan'” on May 29, 2024.
• The correction pertains to the “FY2026 March Earnings Presentation Materials / Matters Concerning Growth Potential and Mid-Term Management Plan” originally disclosed on May 15, 2024.
• The specific error identified was on page 73, within the section titled “Mid-Term Management Plan for Enhancing Corporate Value and Shareholder Return Policy.”
• No corrections have been made to the financial figures or other data presented in the earnings summary released on the same day.
• The corrected figures have already been updated on the company’s website in the relevant presentation materials.

This correction addresses an error in the mid-term management plan within the earnings presentation materials, with no stated impact on the company’s financial results. Investors may want to review the updated details of the mid-term management plan, particularly the revised “Corporate Value Enhancement and Shareholder Return Policy.” The company’s prompt correction of information, which could influence investment decisions, might be seen as a positive step towards maintaining transparency.

• G-Kuradashi announced on May 29, 2026, its board of directors resolved to acquire all shares of Chukyodenryoku Co., Ltd., making it a wholly-owned subsidiary.
• Chukyodenryoku is a retail electricity provider based in Nagoya, Aichi Prefecture, supplying electricity to high and low-voltage consumers.
• G-Kuradashi entered the renewable energy business in January 2025, and this acquisition establishes a foundation in the retail electricity business.
• The acquisition involves 600 shares, resulting in 100.0% ownership. The share transfer is scheduled for June 9, 2026.
• The acquisition price was not disclosed, but advisory fees are estimated at approximately JPY 40 million, to be funded by cash on hand.

This acquisition suggests a strategic expansion for G-Kuradashi’s renewable energy business, which it entered in January 2025, and a full-scale entry into the retail electricity sector. The move aims to leverage synergies between G-Kuradashi’s existing food loss reduction business assets and Chukyodenryoku’s retail electricity infrastructure, potentially driving both social impact and corporate value. The company has stated that the impact on consolidated earnings is currently under review, which will be a key area for investors to monitor.

• Up-Garage Group published its second Q&A session for the FY2026/3 financial results on May 29.
• Gross margin improvement initiatives include proper control in store operations and the effectiveness of a pricing system.
• The dominant store strategy is reported to have led to existing stores surpassing previous year’s performance and new stores expanding market share.
• App downloads have exceeded 700,000, with push notifications for campaigns and appraisal results contributing to increased store visits and customer spending.
• While FY2027/3 performance is projected to be below the mid-term plan, the company expects investments and challenges from FY2025-2026 to fully bear fruit from FY2028/3 onwards, with no subsequent plan changes.
• In response to accelerating inflation, the reuse business plans to expand operations due to strong demand, while the wholesale distribution business will focus on expanding suppliers, inventory control, and strengthening its Nexlink usage fee collection business.

• Lifenet Insurance Company has resolved to tender all of its shares (41,000 common shares, representing 91.1% of outstanding shares) in its consolidated subsidiary, Lifenet Mirai Inc., in response to Lifenet Mirai’s self-tender offer.
• This share transfer will result in Lifenet Mirai being deconsolidated from Lifenet Insurance. The planned execution date is June 29, 2026.
• Lifenet Mirai, a joint venture with MILIZE Co., Ltd., which has primarily advanced online insurance agency and service development businesses, will transition to a management structure with MILIZE as the sole shareholder, dissolving the joint venture relationship.
• The capital and business alliance agreement, initially signed on August 30, 2023, by Lifenet Insurance, Lifenet Mirai, Sumitomo Mitsui Financial Group, Inc. (SMFG), and Sumitomo Mitsui Card Co., Ltd., will be partially amended to exclude Lifenet Mirai.
• Following the amendment, the parties to the capital and business alliance will be Lifenet Insurance, SMFG, and Sumitomo Mitsui Card, forming a three-party structure. Lifenet Mirai’s rights and obligations under the agreement will cease and will not be transferred to other parties.
• The impact of this matter on Lifenet Insurance’s current fiscal year performance is expected to be minor.

This announcement suggests Lifenet Insurance is streamlining its business portfolio by divesting its interest in Lifenet Mirai. The transition to MILIZE as the sole shareholder of Lifenet Mirai could indicate a strategic shift in the latter’s operational focus. While Lifenet Mirai is being excluded from the capital and business alliance with Sumitomo Mitsui Financial Group, the announcement emphasizes the continued strong partnership between Lifenet Insurance and the SMBC Group, which may suggest a concentrated effort on core collaborative initiatives going forward.

• G-Serendip Holdings reported record-high results for the fiscal year ended March 2026, with net sales of ¥51,163 million, operating profit of ¥2,189 million, ordinary profit of ¥2,418 million, net profit attributable to parent company shareholders of ¥4,147 million, and adjusted EBITDA of ¥4,572 million.
• The company achieved its mid-term management plan “Serendip Challenge 500” one year ahead of schedule.
• Operating profit increased by 198.1% year-on-year, and ordinary profit increased by 229.0% year-on-year.
• The performance of Surtec Kariya, acquired via M&A in July 2026, was consolidated from the third quarter, significantly boosting the Automotive Supplier business.
• For the fiscal year ending March 2027, the company forecasts net sales of ¥64,000 million (+25.1% YoY), operating profit of ¥3,500 million (+59.8% YoY), and ordinary profit of ¥3,300 million (+36.4% YoY).

The FY2026 results indicate that G-Serendip Holdings’ M&A strategy has significantly contributed to its performance, with key financial metrics reaching record highs, notably due to the consolidation of Surtec Kariya. Achieving mid-term management goals ahead of schedule suggests the company’s growth strategy via M&A is progressing as planned. While the forecast for the upcoming fiscal year projects a decrease in net profit due to the absence of last year’s negative goodwill, operating and ordinary profits are expected to maintain substantial growth, highlighting the robust performance of its core businesses.

• Tanaka Shoji Co., Ltd. announced a correction to its “FY2026 March Earnings Report (Consolidated) [Japanese GAAP]” on May 29, 2026.
• The reason for the correction was that certain amendments to the reported content arose during the audit procedures following the initial announcement of the FY2026 March earnings report.
• The correction includes numerical data, and the revised numerical data (XBRL) has also been submitted.
• Corrected sections are underlined, and due to numerous changes, the full revised document is provided as an attachment.
• Key consolidated performance figures reported include net sales of 44,048,218 thousand yen, operating profit of 1,351,208 thousand yen, ordinary profit of 1,384,665 thousand yen, and profit attributable to owners of parent of 934,572 thousand yen.

Corrections to earnings reports by listed companies are critical for investors, who typically focus on the scope and impact of such revisions. The fact that the corrections occurred during the audit process suggests that some adjustments were deemed necessary after the initial disclosure. Investors may find it beneficial to review the revised financial figures, cash flow indicators, and future outlook to fully understand the implications for the company’s performance.

• Ikka Holdings achieved record-high sales of 11,533 million yen for the fiscal year ended March 2026, marking an increase in both revenue and profit year-over-year and a return to profitability.
• Consolidated financial results for the period include sales of 11,533 million yen (up 14.3% YoY), operating profit of 250 million yen (reversing an operating loss of 74 million yen in the prior year), ordinary profit of 198 million yen, and profit attributable to owners of parent of 78 million yen.
• An impairment loss of 40,633 thousand yen was recorded in the fourth quarter of the consolidated fiscal year, totaling 52,038 thousand yen including amounts recorded up to the third quarter, which was recognized as an extraordinary loss.
• The restaurant business reported sales of 8,905 million yen (up 9.4% YoY), with a significant improvement in operating profit due to optimized cost of goods sold ratio from menu price revisions and a reduction in selling, general and administrative expense ratio.
• The leisure business opened “THE BOTANICAL RESORT ‘Rin-ne'” on November 29, 2025, contributing 466 million yen to the leisure business segment’s sales.

Ikka Holdings’ FY2026/3 results are notable for achieving record sales and returning to profitability from a prior year loss. The improved profitability of the restaurant business through price revisions and the launch of the new leisure business may influence future revenue streams. However, increased opening expenses for the leisure facility and the recognition of impairment losses impacted profits, suggesting that cost control will be a key focus going forward.

• P-Recycle Tech announced on May 29, 2026, a correction to a portion of its “Consolidated Financial Results for the Fiscal Year Ended February 2026 (Japanese GAAP)” initially disclosed on April 14, 2026.
• The reason for the correction was identified errors in the calculation of the Return on Equity (ROE) in the summary information, as well as in the operating cash flow and investing cash flow within the consolidated cash flow statement.
• The ROE for the fiscal year ended February 2026 was corrected from “△17.0%” to “△15.7%”.
• Operating cash flow was revised from “39 million yen” to “42 million yen” (detailed from 39,355 thousand yen to 42,127 thousand yen).
• Investing cash flow was revised from “△272 million yen” to “△275 million yen” (detailed from △272,584 thousand yen to △275,356 thousand yen).

• AI Storm Co., Ltd. announced on May 29, Reiwa 8, a correction to a portion of its “Consolidated Financial Results for the First Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP)” initially disclosed on May 15, Reiwa 8.
• The reason for the correction was identified as errors in the aggregation and recording of valuation losses related to crypto assets in the balance sheet and income statement.
• Following the correction, ordinary profit for Q1 FY2026 increased from ¥118 million to ¥119 million, and net income for the quarter increased from ¥109 million to ¥110 million.
• For the financial position as of Q1 FY2026, total assets were revised from ¥6,641 million to ¥6,642 million, and net assets from ¥2,669 million to ¥2,670 million.
• Earnings per share (EPS) for the quarter were adjusted from ¥3.86 to ¥3.88, and diluted EPS from ¥3.49 to ¥3.50.

This correction stems from accounting errors related to cryptocurrency assets, leading to minor adjustments in key profit indicators and financial position figures. Investors may view this as the company proactively ensuring the accuracy of its financial reporting. While the revised figures show a slight increase, it is unlikely to significantly alter the overall perception of the company’s performance, but reviewing the detailed corrections is prudent.

• Operating income for the fourth quarter of FY2026 significantly increased year-over-year, primarily due to higher sales and a strategic review of promotional spending timing.
• In FY2026, promotional investments were strategically front-loaded and concentrated in Q1 to align with the early trend of student job hunting.
• HR-related expenses increased in FY2026 due to aggressive hiring of sales and customer success personnel, addressing customer support challenges from a net decrease in staff in FY2025.
• The hiring plan for FY2027 aims to maintain the same level of recruitment as FY2026.
• While the number of offers sent for the FY2026 graduating class increased by 69.3% year-over-year, the number of accepted offers only grew by 19.0%, indicating a decline in the acceptance rate. The company is addressing this through further expansion of student registrations and improved matching accuracy.

G-i-plug has released an FAQ regarding its full-year FY2026 financial results. The substantial increase in Q4 operating income was attributed to a strategic reallocation of promotional expenses. The rise in HR-related costs is presented as an investment aimed at strengthening customer support and enhancing repeat usage rates. Addressing the challenge of a declining offer acceptance rate, the company outlined specific measures including expanding student registrations and improving matching accuracy, which could be important areas for investors to monitor going forward.

• KeePer Giken announced its consolidated financial results for the third quarter of the fiscal year ending June 2026 (July 1, 2025, to March 31, 2026).
• For the nine-month period, net sales were ¥18,253 million (up 5.9% year-on-year), operating profit was ¥4,279 million (down 20.3%), and net profit was ¥7,631 million (up 108.5%).
• The significant increase in net profit was attributed to the recording of an extraordinary gain of ¥6,762 million from the sale of investment securities in Q2.
• A total of ¥1,093 million, sourced from these extraordinary gains (¥453 million in Q2 and ¥640 million in Q3), was allocated to growth investments and taxes. These expenses were primarily booked under selling, general, and administrative (SG&A) expenses, negatively impacting operating profit.
• By segment, LABO operations recorded sales of ¥10,026 million (up 7.1% year-on-year), and product sales reached ¥8,227 million (up 4.4% year-on-year).

KeePer Giken’s Q3 FY2026 results show a substantial increase in net profit driven by extraordinary gains, which were subsequently channeled into growth investments, leading to a decline in operating profit. This strategic use of temporary extraordinary profit for future growth initiatives may suggest a focus on long-term expansion and strengthening business foundations. The growth in both LABO and product segments indicates a continued positive trend in the company’s core operations, which is worth monitoring for sustained performance.

• Tokyo Cosmos Electric Co., Ltd. announced corrections to a portion of its “Consolidated Financial Results for the Fiscal Year Ended March 2026 [Japanese GAAP] (Consolidated)” which was released on May 11, 2026.
• The reason for the correction is the discovery of errors in the consolidated cash flow statement and the consolidated statement of changes in shareholders’ equity.
• The corrected sections include the “Status of Consolidated Cash Flows” on page 1 of the summary information, “Overview of Current Period Cash Flows” on page 3 of the attached materials, “Consolidated Statement of Changes in Shareholders’ Equity” on page 10, and “Consolidated Cash Flow Statement” on pages 11 and 12 of the attached materials.
• The company stated that these corrections have no impact on profit or loss.
• Numerical data (XBRL data) was also corrected, and the revised data has been transmitted.

• CAPITA Inc. completed the share transfer of Bio-Site Capital Co., Ltd. (BSC) on May 29, 2026, making BSC a wholly-owned subsidiary with a 100.00% voting rights ratio.
• BSC was previously a consolidated subsidiary of CAPITA with a 63.76% voting rights ratio, established through a share exchange on November 7, 2025.
• The full acquisition is expected to accelerate decision-making, integrate management, expand real estate market reach (research facility and office leasing in Kansai and Kanto), and strengthen M&A and investment functions.
• For the fiscal year ended December 2025, BSC reported net sales of 156,825 thousand yen, ordinary profit of 4,219 thousand yen, net profit of 10,363 thousand yen, and total assets of 803,191 thousand yen.
• CAPITA has stated that the impact of this acquisition on its consolidated financial performance for the fiscal year ending March 2027 is expected to be minor.

This complete acquisition aligns with CAPITA’s stated management policies of “revisiting its business portfolio” and “entering new businesses through M&A and business integration.” By fully integrating BSC’s stable revenue base from its lab business and its M&A and investment expertise, CAPITA may enhance its group-wide growth strategy. The expansion of CAPITA’s real estate business into the Kansai region and the utilization of BSC’s startup support functions could contribute to long-term corporate value, making future developments worth monitoring.

• YTL announced its consolidated financial results for the third quarter of fiscal year 2026 (January 1 to March 31, 2026) on May 29, 2026.
• Cumulative revenue for the period (July 1, 2025 to March 31, 2026) reached RM7,568,828 thousand, representing a 3.4% increase compared to the previous corresponding period.
• Profit attributable to owners of the parent for the same cumulative period was RM325,994 thousand, a decrease of 24.6% year-on-year.
• Operating profit stood at RM1,294,860 thousand (down 9.2% year-on-year), and profit before tax was RM861,628 thousand (down 12.8% year-on-year).
• Basic earnings per share for the quarter was 2.88 sen, down from 3.93 sen in the prior year’s corresponding period.

YTL’s Q3 FY2026 results show a divergence between revenue growth and declining profitability metrics such as profit attributable to owners of the parent, operating profit, and profit before tax. This might suggest shifts in operational costs or other factors impacting the company’s bottom line despite top-line expansion. Investors may want to monitor future reports for explanations regarding these profitability trends and their potential implications.

• G-One Career reported Q1 FY2026 revenue of 2,206 million yen, a 47.2% increase year-over-year, and operating profit of 663 million yen, a 100.8% increase year-over-year.
• Key drivers for revenue growth include strengthened brand power through achieving the #1 position in STEM student engagement, enhanced sales capabilities, and strong sales traction from job posting and scouting services.
• Major factors for operating profit growth are identified as productivity improvements including AI utilization and disciplined S&M (Sales & Marketing) investment decisions.
• The company evaluates its Q1 performance as “progressing smoothly” against its full-year forecast (revenue 10,500 million yen, operating profit 3,000 million yen), with no change to the full-year outlook at this time.
• The acquisition of Kids Corporation is scheduled for July 31, 2026, with Kids Corporation’s estimated annual performance being approximately 2.6 billion yen in revenue and 280 million yen in operating profit. The total goodwill and intangible assets are estimated at 700-800 million yen.
• In response to AI advancements, the company has revised its M&A evaluation criteria, prioritizing targets with “low direct AI replacement risk” and “synergy potential with existing platforms and AI utilization,” with a focus on expanding into blue-collar and essential worker sectors.

G-One Career’s strong Q1 performance, driven by brand strength, sales force improvements, and AI-powered efficiency, suggests a robust operational foundation. The strategic acquisition of Kids Corporation and the explicit shift towards blue-collar and essential worker segments indicate a clear long-term growth strategy to expand their Total Addressable Market (TAM) in response to evolving market dynamics and AI advancements. Investors may find it worthwhile to monitor how these M&A synergies and AI-focused strategies contribute to future earnings and market positioning.

• Okada Aiyon announced on May 29, 2024, the release of the video and transcript of its FY2026 March earnings presentation.
• The released content includes an overview of the FY2026 March performance and an explanation of the fundamental concepts of the new mid-term management plan “Onyx,” emphasizing “profit quality,” “growth reproducibility,” and “capital efficiency.”
• The Q&A session from the presentation is also published, covering the company’s recognition of challenges in overseas business and its approach to improving the revenue structure.
• The video is available on irstreet.com, and the transcript is accessible on finance.logmi.jp.
• Founded in 1938, Okada Aiyon is a machinery manufacturer primarily engaged in the manufacturing, sales, and maintenance of construction equipment attachments, maintaining a leading domestic share in demolition and environmental attachments while also focusing on forestry machinery and expanding overseas markets.

This IR release provides investors with an opportunity to gain deeper insights into Okada Aiyon’s latest financial performance, the specific strategies of its new mid-term management plan “Onyx,” and its future growth strategies and revenue structure. The disclosure of challenges in overseas operations and the Q&A session could be particularly relevant for objectively understanding the company’s current status and future direction.

• Sinanen Holdings Co., Ltd. resolved at its Board of Directors meeting on May 29, 2026, to conduct a simplified stock exchange to make E Smart Energy Co., Ltd. a wholly-owned subsidiary.
• Sinanen Holdings will be the wholly-owning parent company, and E Smart Energy will be the wholly-owned subsidiary, with an effective date scheduled for June 30, 2026.
• The stock exchange ratio is 28 shares of Sinanen Holdings for every 1 share of E Smart Energy.
• A total of 28,000 shares of Sinanen Holdings common stock will be delivered, utilizing treasury shares held by the company (189,901 shares as of March 31, 2026).
• The purpose of the acquisition is to deepen collaboration between E Smart Energy’s inherited LP gas sales business and Sinanen Holdings’ subsidiary energy businesses to strengthen sales capabilities.

This simplified stock exchange appears to be a strategic move by Sinanen Holdings to bolster its energy business segment. Integrating E Smart Energy, which is set to commence LP gas sales, could enhance operational synergies and sales effectiveness within the group. Investors may want to monitor the future business development of E Smart Energy, given it is a newly established company yet to fully launch its operations.

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

• G-CONVANO announced corrections to its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 [IFRS]” on May 29, 2026, which was originally published on May 15, 2026.
• The primary reasons for the corrections include a review and revision of expense classifications in the consolidated statement of profit or loss, a change in the recognition of treasury shares (including 10,000,000 shares of the Company held by a consolidated subsidiary), and a correction in the recording of deferred tax refunds receivable.
• As a result, consolidated operating profit for FY2026/3 was revised from ¥1,795 million to ¥1,484 million, and profit attributable to owners of the parent was revised from △¥951 million to △¥1,178 million.
• Basic earnings per share were also corrected from △¥2.01 to △¥2.49, and the number of treasury shares at period-end changed from 520,100 shares to 10,520,100 shares.
• The expected dividend payment start date for FY2026/3 was corrected from “—” to “September 4, 2026.”

These corrections stem from a re-evaluation of expense classifications, the recognition of treasury shares held by a consolidated subsidiary, and a reassessment of the requirements for recording deferred tax refunds receivable. The significant increase in recognized treasury shares could impact per-share metrics in future analyses. Investors may find it important to monitor the scale of these revisions across multiple financial statement items as they assess the company’s financial performance.

• Tokyo Board Industries announced that as of February 28, 2026, it does not meet the “tradable share market capitalization” and “tradable share ratio” requirements for the Standard Market listing maintenance standards.
• The improvement period for meeting these standards has been extended from the original March 2026 to February 2027, due to a change in the company’s fiscal year end (announced August 12, 2025).
• As of February 28, 2026, the tradable share market capitalization was 330 million JPY (against a 1,000 million JPY standard), and the tradable share ratio was 22.9% (against a 25.0% standard).
• Although new chip drying equipment at the Sakura factory began operation in March 2025, a minor fire on the manufacturing line in November 2025 led to a halt in operations, resulting in the fiscal year ended February 2026’s sales and profits significantly falling below initial forecasts.
• Failure to meet the listing maintenance standards by February 28, 2027, could lead to designation as a “Security under Supervision (Confirmation)” and a potential delisting of the company’s shares on September 1, 2027.

Tokyo Board Industries’ extension of its listing maintenance plan period, attributed to a change in its fiscal year, suggests the company is strategically buying time to address its compliance issues. The persistent shortfall in tradable share market capitalization and ratio, coupled with the acknowledged impact of a factory fire on performance and stock price, highlights that operational recovery will be a critical challenge. The company’s consideration of reducing treasury stock and management’s holdings to improve the tradable share ratio indicates a multi-faceted approach, making the progress of these specific measures worth monitoring for investors.

• Takagi Seiko Corporation announced its consolidated financial results for the fiscal year ended March 31, 2026 (April 1, 2025 – March 31, 2026).
• Consolidated net sales amounted to ¥41,477 million, representing a 6.4% decrease compared to the previous fiscal year.
• Consolidated operating profit was ¥2,146 million, an 84.4% increase year-on-year.
• Consolidated ordinary profit reached ¥2,383 million, up 87.4% from the prior year.
• Net profit attributable to owners of the parent significantly improved to ¥1,615 million, from a loss of ¥2,250 million in the previous fiscal year.
• By region, Japan recorded sales of ¥23,084 million (up 2.5% YoY), while China reported ¥6,000 million (down 32.6% YoY) and Southeast Asia ¥12,392 million (down 3.6% YoY).
• Sales by segment showed the vehicle segment at ¥35,455 million (down 8.8% YoY) and the OA (Other) segment at ¥5,844 million (up 11.7% YoY).

The substantial improvement in operating, ordinary, and net profits, despite a decline in consolidated net sales, stands out. The increase in domestic sales in Japan appears to have partially offset the overall revenue decrease and contributed to the profit recovery. While a significant sales reduction in overseas markets, particularly China, impacted total revenue, the growth in the OA (Other) segment may indicate progress in diversification efforts.

• Denkikogyo Co., Ltd. announced on May 29, 2026, a correction to a part of its “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 [Japanese GAAP]” initially disclosed on May 15, 2026.
• The reason for the correction was the discovery of errors in the accounting treatment related to changes in the retirement benefit plan and in the description of the consolidated statement of changes in shareholders’ equity after the initial filing.
• Due to numerous corrections, the full revised document has been attached, with all corrected sections underlined.
• Revised numerical data include the consolidated operating results for FY2026 (e.g., net sales ¥35,446 million, operating profit ¥1,219 million, ordinary profit ¥1,216 million, profit attributable to owners of parent ¥1,903 million), consolidated financial position (e.g., total assets ¥53,047 million, net assets ¥37,205 million), consolidated cash flow situation, dividend status, and the consolidated earnings forecast for FY2027.

This correction stems from an accounting processing error, which can be viewed as the company’s effort to ensure the accuracy of its disclosures. Given that the correction was made after the initial announcement, investors may find it worthwhile to compare the revised information with the original disclosure to understand the specific changes. The consolidated statement of changes in shareholders’ equity is a key indicator of a company’s financial health, and its revised content could warrant careful scrutiny.

• P-FUJI TECHNO HD announced its consolidated financial results for the fiscal year ending March 2026 (Japanese standards).
• The consolidated financial statements have been prepared in accordance with Japanese Generally Accepted Accounting Principles (GAAP).
• This announcement was published as a document submitted to the Tokyo Stock Exchange.
• The reporting period covers April 1, 2025, to March 31, 2026.

This announcement provides crucial information for investors to assess P-FUJI TECHNO HD’s future performance and financial health. The disclosure of consolidated financial figures is particularly noteworthy as it offers insight into the overall soundness of the group. Market participants may use the detailed numerical data to analyze the company’s business progress and profitability.

• Royal Hotel Co., Ltd. reported consolidated results for the fiscal year ended March 2026, with net sales of ¥29,273 million (up 16.3% year-on-year), operating income of ¥1,162 million (up 27.3%), and ordinary income of ¥1,189 million (up 49.5%).
• Profit attributable to owners of parent decreased by 32.7% year-on-year to ¥1,169 million, which is attributed to the absence of negative goodwill recognized as extraordinary income in the previous fiscal year.
• By segment, room sales increased to ¥13,156 million (up 27.8%), and restaurant sales rose to ¥4,010 million (up 14.0%).
• For the fiscal year ending March 2027, the company forecasts consolidated net sales of ¥32,000 million (up 9.3% from previous year), operating income of ¥1,200 million (up 3.3%), ordinary income of ¥1,200 million (up 0.9%), and profit attributable to owners of parent of ¥900 million (down 23.0%).
• The company has formulated “RIHGA VISION 2035” as its growth strategy, with the current “ReRISE” phase (2024-2026) positioned as a period for strengthening its business foundation.

The robust performance in FY2026/3, particularly the significant increase in operating and ordinary income, appears to be driven by the full contribution of Shiba Park Hotel and the strong performance of select-service hotels, which typically have higher profit margins. The decrease in net profit attributable to parent shareholders is due to the non-recurrence of a one-off extraordinary gain, suggesting an underlying improvement in core profitability. The FY2027/3 forecast indicates continued revenue and profit growth, potentially supported by new hotel openings and efficiency gains from DX strategies, which could be a key area for investors to monitor.

• SHIFT Inc. has agreed to further strengthen its business alliance with Rise Consulting Group Inc., building upon their capital and business alliance agreement signed and announced on April 4, 2025.
• The enhanced collaboration will focus on four key areas: Human Resources, Sales, Delivery, and AI.
• Both companies aim to leverage their respective knowledge, systems, networks, and AI utilization to achieve business growth and increase corporate value.
• Rise Consulting Group is an equity-method affiliate of SHIFT, with SHIFT holding a 33.19% stake as of February 28, 2026.
• The impact of this expanded business alliance on the financial performance and condition of both companies is currently expected to be minor.

This strengthened alliance appears to leverage SHIFT’s core strengths in recruitment, assignment, sales, delivery, and AI expertise to accelerate the growth of its equity-method affiliate, Rise Consulting Group. The move suggests an aim to capitalize on the evolving AI-era consulting market by integrating resources from both firms to meet expanding market demand. For SHIFT, this initiative could contribute to overall group growth through increased transactions with Rise and enhanced corporate value from its equity-method investment.

• Okamoto Co., Ltd. announced its consolidated results for the fiscal year ended March 2026: Net sales were ¥108.0 billion (down 1.0% year-on-year), operating income ¥6.2 billion (down 28.2%), ordinary income ¥8.5 billion (down 12.0%), and net income ¥4.9 billion (down 27.3%).
• Compared to the initial forecast, net sales were 0.9% below target, while operating income was 8.7% above, ordinary income 21.4% above, and net income 13.9% above.
• By segment, “Industrial Products” saw sales increase by ¥1.129 billion, but segment profit decreased by ¥825 million due to factors such as rising flame retardant prices. “Lifestyle Products” experienced a decrease in sales of ¥2.197 billion and segment profit of ¥1.624 billion, impacted by reduced condom sales due to decreased inbound tourism in Japan and an economic slowdown in China.
• For shareholder returns, the company repurchased 256,792 shares for ¥1.3 billion. The dividend for the fiscal year ended March 2026 was ¥60 per share (¥30 interim, ¥30 year-end), resulting in a dividend payout ratio of 42.4% and a total return ratio of 69.1%.
• Growth investments included the completion of the new Okayama factory and the introduction of labor-saving equipment in some factories. Efficiency improvements were also pursued through the implementation of a new core system.

For the fiscal year ended March 2026, the company’s sales and profits appear to have been impacted by production cuts and the cancellation of new model launches in the North American automotive interior materials market, as well as reduced condom sales due to decreased inbound tourism and an economic slowdown in China. However, capital policy and growth investments, such as the sale of strategically held shares, share buybacks, and the completion of the new Okayama factory, are noteworthy. The company’s efforts to address external factors like soaring raw material prices and its progress in production and operational reforms through digitalization and automation could influence future performance.

• Ferrotec Corporation disclosed the full version of its Medium-Term Management Plan (Rolling Plan) on May 29, 2026.
• For the fiscal year ended March 2026, consolidated net sales were ¥288,933 million (up 5.3% year-on-year), and operating profit was ¥27,561 million (up 14.4% year-on-year). Net profit attributable to owners of the parent was ¥14,886 million (down 5.1% year-on-year).
• The semiconductor equipment-related business segment reported sales of ¥185,139 million (up 12% year-on-year) and an operating profit of ¥16,048 million (up 30% year-on-year).
• A key strategy in the Medium-Term Management Plan is to expand production in Malaysia and strengthen customer support in China to meet increased demand in the semiconductor sector.
• Regarding shareholder returns, the company adopted a Dividend on Equity (DOE) policy with a minimum of 3.5% and aims for a total shareholder return ratio of 50%. It also plans to conduct share repurchases of ¥25 billion from FY2026/12 to FY2028/12.

The full financial results presentation and medium-term management plan provide detailed insights into Ferrotec’s business growth strategy and financial policy. The robust growth in the semiconductor-related business, coupled with production expansion in Malaysia and strengthened customer engagement in China, could be key drivers for future revenue growth. The consistent adoption of DOE and planned share repurchases may signal a strong commitment to improving capital efficiency and enhancing shareholder value.

• G-Rise (Rise Consulting Group Inc.) has agreed to further strengthen its business alliance with SHIFT Inc.
• This 강화 of the business alliance builds upon the capital and business alliance agreement signed and announced on April 4, 2025.
• The expanded collaboration will cover four key areas: talent, sales, delivery, and AI.
• SHIFT’s equity stake in Rise Consulting Group is 33.19% as of February 28, 2026.
• Both companies anticipate that the expansion of this business alliance will have a minor impact on their respective business performance and financial positions at this time.

The enhanced business alliance between G-Rise and SHIFT appears to be a strategic move to capitalize on the transformation and expansion of the consulting market in the AI era. The expanded collaboration across the four key domains – talent, sales, delivery, and AI – could potentially accelerate G-Rise’s business growth while enhancing SHIFT’s corporate value as an equity-method affiliate. Investors may find it worthwhile to monitor the progress of this deepened partnership and its tangible outcomes.

• Shinnihonkensetsu Co., Ltd. resolved to introduce a shareholder benefits program at its board meeting held on May 29, 2026.
• Eligible shareholders are those holding 100 or more shares of the company’s stock, as recorded in the shareholder registry as of September 30 each year.
• The shareholder benefits include:
• A 3% discount on building repair and renovation costs (excluding tax) by Shinnihon Community Co., Ltd. (applicable to projects costing 5 million yen or more).
• A 3% discount on interior renovation costs (for condominiums/detached houses) (excluding tax) by Shinnihon Community Co., Ltd. (applicable to projects costing 1 million yen or more).
• A 10% discount on brokerage fees for the sale of condominiums by Shinnihon Community Co., Ltd.
• The validity period for these benefits is from January 5, 2027, to December 30, 2027, with eligible service areas primarily in the Tokyo metropolitan area (Tokyo, Chiba, Kanagawa, Saitama).
• The company states that the outlined benefits are current plans and may be subject to future revisions.

The introduction of this shareholder benefits program aims to show gratitude to shareholders and promote the group’s services. The benefits are specifically tied to the company’s core construction and real estate businesses, which could be appealing to shareholders who might utilize such services. Offering discounts on significant expenses like major repairs, renovations, or brokerage fees for property sales may enhance shareholder loyalty and encourage engagement with the company’s offerings.

• P-SMSDTech has resolved to acquire all shares of Check Field Co., Ltd., making it a wholly-owned subsidiary, and has signed a share transfer agreement.
• The share acquisition date is May 29, 2026.
• P-SMSDTech will acquire 200 shares for a cash consideration of 30,000,000 JPY (150,000 JPY per share), using its own funds.
• Check Field Co., Ltd. is engaged in technology and operations related to communication, information, and office automation systems, including research, business planning, and consulting services.
• Check Field Co., Ltd.’s net sales for the fiscal year ended May 2024 were 290,589,613 JPY, with a net loss of ▲23,968,996 JPY.

This full acquisition is announced as a strategic move by P-SMSDTech to expand its business and strengthen group-wide competitiveness. Check Field Co., Ltd.’s expertise and track record in information system operations are stated to have high compatibility with P-SMSDTech’s existing businesses, potentially enabling a more strategic business development through the integration of technologies, know-how, and customer bases. The impact on consolidated performance for the next fiscal year is currently under review, and future disclosures will be worth monitoring.

• For the fiscal year ended February 2026, sales increased by 1.8% year-on-year to ¥3,127 million.
• The company reported an operating loss of ¥423 million, an ordinary loss of ¥74 million, and a net loss of ¥260 million for the period. In the previous fiscal year, the company recorded an operating loss of ¥233 million, an ordinary profit of ¥282 million, and a net profit of ¥119 million.
• Basic earnings per share for the period were ¥-113.55, compared to ¥51.89 in the prior year.
• Net assets at the end of the period stood at ¥39 million, an 88.9% decrease from ¥386 million in the previous fiscal year. The equity ratio was 2.1%.
• For the fiscal year ending February 2027, the company forecasts sales of ¥3,363 million (7.5% increase year-on-year), an operating profit of ¥13 million, an ordinary profit of ¥3 million, and a net loss of ¥61 million.

G-Value C’s fiscal year 2026/2 results show a slight increase in sales but a significant shift from profit to loss, with substantial losses reported across operating, ordinary, and net income lines. The notable decrease in net assets may be a key point of focus for investors, indicating a change in the company’s financial health. While the forecast for FY2027/2 anticipates increased revenue and a return to operating and ordinary profitability, the projected continuation of net losses suggests that progress in business structure improvement and profitability enhancement will remain critical.