Morning session comments reported that SCAT, ABEJA, Chiba Bank, Japan Craft HD, Palemo HD and Tokyo Energy & Systems, among others, were issuing stock acquisition rights, establishing subsidiaries and reporting same-store sales trends. The companies are reportedly pursuing fundraising, business expansion and capital investment.
SCAT will issue stock acquisition rights through a third-party allotment, with the allotment date set for 11 September. The company plans to raise approximately ¥500 million in total and use the proceeds for M&A and development expenses related to AI and DX, among other purposes. The maximum dilution ratio will be 15.46%.
ABEJA announced that it will establish a wholly owned subsidiary in Singapore. The subsidiary is scheduled to be established in late September and will serve as a base for expanding AI and physical AI-related businesses in the ASEAN region. The company plans to strengthen collaboration with local companies, research institutions and government agencies.
It was reported that Himawari Green Energy, a subsidiary of Chiba Bank, will enter the grid-scale battery storage business. Operations are scheduled to start in April 2027.
Japan Craft HD announced the issuance of stock acquisition rights through a third-party allotment, with the issuance date set for 1 October. The issue will comprise approximately 131,602 stock acquisition rights, with an exercise price of ¥185. Proceeds of approximately ¥2,446,865,798 will be used for M&A and alliance expenses.
Palemo HD's same-store sales in August rose 1.2% year on year on a preliminary basis. Customer numbers increased 5.8%, while average spending per customer declined 4.3%.
Tokyo Energy & Systems will make アラキ総産 a subsidiary. The company aims to improve earnings by strengthening the group's construction capabilities, leveraging its track record in power equipment construction.