Kumiai Chemical Industry Co. (4996) set share-exchange ratios of 2.34, 1.12 and 0.42 of its shares per share for three consolidated subsidiaries it is making wholly owned, and will deliver a total of 1,521,229 shares from treasury stock.

AFC-HD AMS Life Science (2927) said on Oct. 16 it will make Saikaya, a department store operator already slated for delisting, a wholly owned subsidiary through a share exchange giving 0.3 AFC-HD share for each Saikaya share, effective Dec. 15, 2026.

Department store operator Saikaya (8254) signed a share exchange agreement on Oct. 16, 2026 under which AFC-HD AMS Life Science will make it a wholly owned subsidiary, delivering 0.3 AFC-HD share for each Saikaya share, with Saikaya stock to be delisted on Dec. 11, 2026.

Real Quality Co., Ltd. (398A) said its board on Oct. 16 approved absorbing wholly owned subsidiary Fuji Corporation, a ryokan operator with revenue of ¥247 million in the year ended August 2025, effective Dec. 1, 2026.

EM Systems (4820), a provider of IT systems for medical institutions and nursing-care providers, said its board on Oct. 16 approved the absorption of wholly owned subsidiaries EM Technology Kenkyusho and Good Cycle System, effective Jan. 1, 2027.

Tohoku Tokushuko (5484) said its common shares will be delisted from the Tokyo Stock Exchange on Oct. 19, 2026.

Seigakusha Co., Ltd. (2179) said its board on Oct. 16, 2026 approved the absorption of Kaisei Child Care Co., Ltd., a wholly owned consolidated subsidiary, with the merger scheduled to take effect on April 1, 2027.

Espoir Co., Ltd. (3260), listed on the Nagoya Stock Exchange's Next Market, said on Oct. 16 that trading in its shares ends with that day's session and the stock will be delisted on Oct. 17, 2026, after which shares can change hands only through private negotiated transactions.

Nisso Group Co., Ltd. (3440) said its auditor, Josui Audit Corp., is scheduled to merge into SCS Kokusai Audit LLC on Dec. 1, 2026, making the renamed SCS Josui Audit LLC the company's auditor from that date.

Shimane Bank (7150) will issue ¥10 billion of Class C preferred shares to SBI Shinsei Bank through a third-party allotment and sell about ¥60 billion of securities carrying unrealized losses, cutting its forecast for the year ending March 2027 to a net loss of ¥5.98 billion from a profit of ¥270 million.

Showa Shinku Co., Ltd. (6384) on Oct. 16 cut its consolidated forecast for the first half of the fiscal year ending March 2027, now projecting sales of ¥2.37 billion, down from ¥3.5 billion, and a net loss attributable to owners of the parent of ¥203 million versus a previously forecast profit of ¥52 million.

Nagoya Denki Kogyo (6797) on Oct. 16 lowered its first-half sales forecast for the fiscal year ending March 2027 to ¥4.75 billion from ¥5.2 billion, while narrowing its projected net loss attributable to owners of the parent to ¥340 million from ¥830 million.

Medinet Co., Ltd. (2370) on Oct. 16 lowered its sales forecast for the fiscal year ended Sept. 30, 2026, by 12.9% to ¥821 million from ¥943 million, widening its projected operating loss to ¥1,520 million while narrowing its expected net loss to ¥1,426 million.

Tokyo Seitetsu (5423) on Oct. 16 raised its non-consolidated net profit forecast for the fiscal year ending March 2027 to ¥7.0 billion from ¥1.0 billion, and now expects an operating profit of ¥1.0 billion instead of a ¥4.0 billion loss.

Takakita (6325) announced a revision to its earnings forecast at 14:00 JST on Oct. 16, 2026; the disclosure text available to Kabuto contains only the title, and the revised figures are in the company's full filing.

Reiyado (634A) said SBI Securities notified it that it will take up the full 127,500 shares offered in a third-party allotment tied to the over-allotment from its Tokyo Stock Exchange Standard Market listing, at ¥1,288 per share for a total of ¥164.22 million.

Ureru Net Kokokusha Group (9235) said a proposal seeking shareholders' views on third-party allotments that could dilute existing holdings by 25% or more will be treated only as an advisory resolution at its Oct. 26 annual meeting, after confirming with the Tokyo Stock Exchange that it is not valid as a procedure under Listing Rule 432.

Cyber Security Cloud (4493) said on Oct. 16 that all 1,400 units of its 8th series stock acquisition rights allotted to Growth Capital Co., Ltd. have been exercised at ¥2,161 per share, delivering 140,000 shares and bringing total proceeds to ¥305,844,000.

Recomm Co., Ltd. (3323) said it received full payment on Oct. 16, 2026 from Growth Capital Co., Ltd. for 500,000 new shares issued at ¥100 each, totaling ¥50.0 million, along with its 24th through 26th series of stock acquisition rights carrying 19,384,600 potential shares.

Berutekkusu Co. (623A) said on Oct. 16 that Tokai Tokyo Securities Co. will subscribe for all 562,500 new shares in a third-party allotment at ¥506 each, for a total of ¥284.625 million.