HHH1 GK, indirectly owned by funds managed, advised or operated by Hillhouse Investment Management, Ltd., will launch a tender offer at ¥2,020 per share for TSE Growth-listed Circlace Inc. (5029) to make it a wholly owned subsidiary, with Circlace's board endorsing the bid and recommending that shareholders tender.

Pasona Group (2168) said it agreed to tender its entire 1,440,000-share stake (32.31%) in equity-method affiliate Circlace into a tender offer by HHH1 G.K., and expects an extraordinary gain of about ¥2.6 billion in consolidated results for the fiscal year ending May 2027 if the offer succeeds.

MM Holdings Co., the asset management company of Software Service, Inc. (3733) Chairman Masaru Miyazaki, will acquire 227,200 Software Service shares from Miyazaki, lifting its voting stake to 18.21% from 13.21% and becoming the largest shareholder on Oct. 23, 2026.

A tender offer by a unit of SBI Holdings, Inc. (8473) for BASE, Inc. (4477) at ¥340 per share closed on Oct. 21, 2026 with 90,944 shares tendered against a maximum of 23,792,300, leaving BASE short of becoming an equity-method affiliate of SBI Holdings as it had sought.

SBI Holdings, Inc. (8473) said its ¥340-per-share tender offer for BASE, Inc. (4477), which ended on Oct. 21, 2026, drew tenders of 90,944 shares, giving the buyer a 0.08% stake.

Nihon Choriki Co., Ltd. (2961) on Oct. 22 raised its non-consolidated net profit forecast for the fiscal year ended Sept. 30, 2026, by 82.4% to ¥912 million from ¥500 million, and lifted its annual dividend forecast to ¥75 per share from ¥45.

Techno Smart (6246) raised its first-half forecast for the fiscal year ending March 2027, lifting projected sales to ¥8.4 billion from ¥7.5 billion and operating profit to ¥1.1 billion from ¥670 million.

Meisei Kogyo (1976) on Oct. 22 lowered its consolidated forecast for first-half net profit attributable to owners of the parent for the fiscal year ending March 2027 to ¥1.85 billion from ¥2.40 billion, a 22.9% cut, while leaving its sales and operating profit forecasts unchanged.

Kanto Denka Kogyo Co. (4047) on Oct. 22 raised its consolidated net profit forecast for the fiscal year ending March 2027 to ¥9.9 billion from ¥7.6 billion, up 30.3%, and lifted its operating profit forecast 29.2% to ¥14.6 billion.

Corona Corporation (5909) on Oct. 22 lowered its consolidated forecast for the first half of the fiscal year ending March 2027, now projecting an operating loss of ¥680 million versus ¥500 million previously, on sales of ¥39.51 billion, down from ¥40.6 billion.

Kyoei Security Service Co. (7058) on Oct. 22 swung its full-year forecast to a net loss of ¥600 million from a previously projected ¥700 million profit, after booking a ¥1,602 million extraordinary loss for director retirement benefits.

Tokai Corp. (9729) raised its consolidated operating profit forecast for the fiscal year ending March 2027 by 14.5% to ¥10.286 billion and increased its planned year-end dividend by ¥9 to ¥49 per share, bringing the annual payout to ¥89.

UEX raised its consolidated forecast for the fiscal year ending March 2027 on Oct. 22, lifting projected operating profit to ¥2.9-3.4 billion from ¥2.1-2.6 billion.

Hitotohito Holdings Inc. (549A) raised its consolidated revenue forecast for the fiscal year ending March 2027 to ¥26.02 billion from ¥20.12 billion, up 29.3%, and lifted its adjusted net profit forecast to ¥750 million from ¥675 million.

SANKO MARKETING FOODS Co., Ltd. (2762) said EVO FUND converted ¥30 million of its third series of unsecured convertible bonds between Oct. 1 and Oct. 22, equal to 10.0% of the ¥300 million issue, receiving 499,565 new shares.

SE Holdings and Incubations Co., Ltd. (9478) said first-half net profit attributable to owners of the parent rose 154.8% to ¥516 million, and its board approved buying back up to 400,000 shares worth up to ¥160 million.

GMO Financial Holdings (7177) said preliminary net profit attributable to owners of the parent rose 18.2% to ¥10.53 billion in the nine months through September, and raised its full-year dividend forecast to ¥68.60 per share from ¥57.04.

Omikenshi Co., Ltd. (3111) posted an operating profit of ¥33 million for the April-June quarter, the first quarter of its fiscal year ending March 2027, reversing a ¥13 million loss a year earlier, as net sales fell 11.4% to ¥621 million and its net loss attributable to owners of the parent narrowed to ¥47 million.

Freebit Co., Ltd. (3843) said its wholly owned subsidiary GigaPrize Co., Ltd. will acquire all 18,500 outstanding shares of Rinekuto Co., Ltd., a Kumamoto-based internet service provider for apartment buildings, for an undisclosed price, with the share transfer scheduled for Nov. 2, 2026.

Fukuoka Stock Exchange-listed Nippon Kanryu Kogyo Co., Ltd. (1771) said Masahiro Mitsuishi, managing executive officer and chief operating officer, will become president and CEO on Dec. 18, 2026, succeeding Tomohito Kaneda, who will become an adviser.