Daily Brief Japan: JX Advanced Metals, Scsk Corp, Shoei Co Ltd, Arealink Co Ltd, Tanaka Chemical, Entrust Inc, Matsui Securities, Robot Payment Inc and more

• A global index provider will announce its quarterly review on 5 November 2025. The rebalance will take place on 24 November 2025.
• We make predictions every week for the following index rebalance and publish them along with predictions for 100 other indices. 
• This insight shows our whole set of predictions across 47 countries for the next rebalance. Most of these names are unchanged since our early September predictions. 

• In response to the Nikkei report, Scsk Corp (9719 JP) has recommended a tender offer from Sumitomo Corp (8053 JP) at JPY5,700, a 31.5% premium to the last close.
• The offer is attractive compared to precedent transactions, is above the midpoint of the IFA DCF valuation range and represents an all-time high. 
• An attractive offer facilitates deal completion. The tender runs from 30 October to 12 December, with payment commencing from 19 December.

• Today, the Nikkei reported that Sumitomo Corp (8053 JP) plans to privatise Scsk Corp (9719 JP) through a tender offer. Both shares were placed on a trading halt.
• The Nikkei states that the total acquisition cost would be around JPY800 billion, based on an arbitrary assumption that the offer will be around 20% above the undisturbed price.
• The privatisation is strategically sensible. The rumoured offer price of JPY5,109.60 is attractive compared to peer multiples and would represent an all-time high. 

Key points (machine generated)

• Shoei, a Japanese company, has been producing premium motorcycle helmets since 1960, known for quality in fit, comfort, and noise reduction.
• The company holds a 60% market share in the premium motorcycle helmet sector, outperforming competitors like AGV and Bell.
• Shoei generates significant sales, with 45% from Europe, and has shown solid financial growth with a 3% unit volume CAGR and a 10% revenue CAGR from 2016 to mid-2025.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• Overall revenue and profits increased YoY in 1H FY12/25, driven by the Self-Storage segment’s steady performance.
• Self-Storage segment revenue grew by 16.1% YoY, with a 13.0% YoY increase in total storage units.
• Land Rights Consolidation segment revenue and profit declined YoY due to business scaling back policy in FY12/25.

• Tanaka Chemical is a specialized manufacturer of cathode materials for rechargeable batteries, a critical component in the rapidly growing electric vehicle (EV) and consumer electronics sectors. The company possesses key technologies in producing high-performance, nickel-based materials.
• The company’s financial performance has been extremely volatile, with a significant downturn in the latest fiscal year, swinging from a substantial profit to a net loss. This reflects the intense competition, raw material price fluctuations, and demand shifts inherent in the battery materials market.
• Majority shareholder Sumitomo Chemical has announced a plan to make Tanaka Chemical a wholly-owned subsidiary via a share exchange, effective January 2026. This strategic move is expected to provide greater financial stability, accelerate R&D, and allow for structural reforms to improve profitability.

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• Revenue increased by 15.8% YoY to JPY5.9bn, driven by growth in rent guarantee services.
• Operating profit rose 22.4% YoY to JPY1.4bn, with an operating profit margin of 23.7%.
• Total contracts in force reached 485,000, with Guarantee business contracts increasing 18.9% YoY to 382,000.

• Net operating revenue increased 17.0% YoY and 8.4% QoQ to JPY11.6bn, with operating profit at JPY5.6bn.
• Total commissions rose 13.5% YoY and 16.3% QoQ to JPY6.1bn, driven by brokerage commissions increase.
• SG&A expenses were JPY6.0bn, up 14.4% YoY, with transaction-related expenses rising 20.1% YoY to JPY1.8bn.

Key points (machine generated)

• ROBOT PAYMENT Inc. reported a 19.6% increase in net sales and a 65.6% rise in operating profit in H1 FY12/25, driven by its Subscription Pay and Billing Management services.
• The company revised its full-year forecasts upward, projecting net sales of ¥3,200 million and operating profit of ¥685 million, with recurring revenue making up 98% of total income.
• ROBOT PAYMENT is focusing on long-term growth investments while maintaining profitability, aiming for net sales of ¥15 billion and operating profit of ¥2.4 billion by FY12/35, along with increased dividends for shareholders.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only.