Japan Stock of the Day | Kabutaro & Friends

On October 1, 2026, the most talked-about Japanese stock online was PHC Holdings <6523>.
Background: It was reported that Toho Holdings, a major pharmaceutical wholesaler, had made a takeover proposal to the company, and PHC Holdings also disclosed on October 1 that it has received a non-binding initial proposal from Toho Holdings. The company said that "no decisions have been made at this time." According to the reports, Toho Holdings aims to acquire all shares through a takeover bid, with the deal expected to exceed 200 billion yen. PHC Holdings is a medical device maker that originated from Panasonic's healthcare business, and its largest shareholder is U.S. investment fund KKR, which held about 38% as of the end of March 2026. In response, the stock closed up 254 yen (+17.76%) at 1,684 yen. Turnover was about 12 billion yen, and its market capitalization is 214.4 billion yen.