Daily Brief Japan: Raksul Inc, TSE Tokyo Price Index TOPIX, 3 D Matrix Ltd, GiG Works, Human Creation Holdings, Hurxley Corp, i-mobile Co Ltd, NEOJAPAN Inc, NexTone, Nomura System Corporation and more

• Goldman Sachs will take Raksul private via a ~¥100bn MBO, restoring meaningful governance influence to the founder—one of the most explicitly founder-aligned take-privates in Japan’s tech sector.
• Public markets consistently undervalued Raksul’s multi-vertical SME platform; going private enables longer-horizon investment, selective M&A, and disciplined scaling across printing, logistics, marketing tech, and adjacent digital services.
• Deal completion probability is high (90–95%): a fair premium, full founder support, and limited interloper risk leave minority shareholders best served by tendering into the offer.

• Transitioning to company with audit and supervisory committee is neutral for governance improvement, but the reason governance improvement hasn’t decisively improved is that few companies adopt the US-type 3-committee structure.
• Currently, discussions are underway on company with US type 3 Committees, specifically the proposal that “only when outside directors constitute majority, shall the authority to determine nominations reside with theBOD.”
• This resembles the situation when companies established audit committees prioritized demonstrating improvements in corporate governance over substantive enhancements to corporate governance itself.

• Operating revenue increased 46.8% YoY to JPY4.8bn, driven by strong sales of TDM-621, especially in the US.
• The company returned to profitability with an operating profit of JPY361mn, improving JPY893mn YoY, aided by forex gains.
• Full-year FY04/26 forecast predicts JPY9.3bn operating revenue and JPY400mn operating profit, reversing previous year’s losses.

• GiG Works reported revenue of JPY22.3bn (-12.2% YoY) and net income of JPY272mn, surpassing full-year forecasts.
• The company recorded impairment losses of JPY171mn in the Web3 Services and Sharing Economy businesses for FY10/25.
• For FY10/26, GiG Works forecasts revenue of JPY22.0bn, operating profit of JPY50mn, and net income of JPY10mn.

Key points (machine generated)

• Human Creation Holdings is an independent solution integrator listed on the Tokyo Stock Exchange under ticker 7361.
• The company is transforming by expanding into M&A brokerage, IT consulting, development, maintenance, and BPO services.
• Through mergers and acquisitions, it aims to enhance capabilities and position itself as a next-generation management consulting firm.

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

Key points (machine generated)

• Hurxley is projected to achieve an operating profit of 1.9 billion yen for the fiscal year ending March 2026, with a 55% interim progress rate.
• The company focuses on diversified mergers and acquisitions in the food sector, particularly in prepared meals, store assets and solutions, and logistics and food processing.
• Its prepared meals segment includes the ‘Hokka Hokka Tei’ brand, and the store assets segment was enhanced by the acquisition of TRN Corporation in 2006.

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

• In FY07/26, the company reported JPY10.1bn revenue (+129.7% YoY) and JPY8mn operating profit (-99.3% YoY).
• Consumer Service business Q1 FY07/26 revenue was JPY9.6bn (+154.2% YoY) with JPY76mn operating profit (-93.0% YoY).
• Online Advertising business Q1 FY07/26 revenue was JPY563mn (-12.6% YoY) with JPY50mn segment loss (profit in FY07/25).

• Revenue increased to JPY6.1bn (+15.2% YoY), operating profit to JPY1.9bn (+36.7% YoY), and recurring profit to JPY2.0bn (+35.1% YoY).
• Revenue from desknet’s NEO Cloud rose to JPY2.7bn (+30.1% YoY) due to a price revision in September 2024.
• Revised full-year FY01/26 forecast: revenue JPY8.2bn, operating profit JPY2.4bn, net income JPY1.7bn, annual dividend JPY50.00 per share.

Key points (machine generated)

• The report by FISCO Ltd. analyzes NexTone, a company listed on the Tokyo Stock Exchange under ticker 7094.
• It is intended for informational purposes only and does not constitute an investment invitation.
• FISCO disclaims guarantees on the report’s accuracy and includes disclaimers about investment risks.

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

Key points (machine generated)

• FISCO Ltd. forecasts a 6.0% sales increase for Nomura System Corporation, reaching 3,472 million yen by December 2025.
• The report predicts significant declines in operating profit, ordinary profit, and net profit, with decreases of 18.9% and 22.3%.
• The company aims to improve earnings through a steady increase in prime projects and delivering high value-added solutions.

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