June 2026 Japanese Shareholder Perks (Yutai): Top Picks, Cross Trades & My Holdings
⏱ 2026-06-26 🔄 2026-06-26
📑 Key points
- June has relatively few perk stocks, but a handful are well worth it.
- Held as long-term cash shares: 4 stocks (Rakuten, MH Group, Fujio Food, Monogatari).
- Captured via a yutai cross: 5 stocks (Kobayashi, Skylark, Alpen, Kagome, Asics).
- 🆕 Candidate McDonald’s (2702): a June-end perk, but since 2024 it requires 1+ year of continuous holding, so a one-off cross won’t work.
- ⚠️ The thing that matters most is the long-term / continuous-holding / odd-lot rules (see the table in Section ③) — they decide whether a cross is even possible.
- 📢 Today, Friday June 26, 2026, is almost certainly the cum-rights date (“last day to qualify”) for June-end perks — general-margin short inventory often dries up the same day, so act early.
📖 Contents
- Captured by holding cash shares long-term (mine)
- Captured via a yutai cross (tsunagi-uri)
- Long-term / continuous-holding / odd-lot rules
- Perk value by share count (cost-efficiency)
- My recommendations
- Yutai cross (tsunagi-uri) basics
- Use odd-lot shares to keep your shareholder number
- My past June-end perk track record
- FAQ
- Summary
① Captured by holding cash shares long-term (my holdings)
These are cash shares I hold long-term. I don’t cross them — I simply hold them, and the perk arrives automatically on each record date. Because I hold long-term, the “continuous-holding” condition on some of these is satisfied naturally.
| Stock | Shares | Perk (100 shares) | Value | Notes |
|---|---|---|---|---|
| Rakuten Group 4755 |
100 | Rakuten Mobile SIM, 30GB/mo (6 months; +6 more if continuation met) | Personal use ¥36,000 | June-end is the continuation condition for the bonus. Hold through today (6/26) to extend the free period; this term’s SIM application closed 5/15, so a cross can’t get it. |
| MH Group 9439 |
100 | ¥3,500 online-store voucher (mod’s hair / MHG-WEBSTORE) | 3,500 | June-end (once a year). 3+ years of holding bumps it to ¥4,500. |
| Fujio Food Group 2752 |
100 | ¥3,000 value (choice of meal vouchers or own products: rice, curry, kushikatsu, etc.) | 3,000 | End-June & end-December |
| Monogatari Corp. 3097 |
100 | ¥3,500 perk card (Yakiniku King / Marugen Ramen) | 3,500 | End-June & end-December. As I hold cash shares long-term, the “6-month continuous holding” rule (from end-Dec 2025) is met automatically. |
② Captured via a yutai cross (tsunagi-uri)
I don’t hold these as cash shares — I get them with a tsunagi-uri (margin short + cash buy, capturing only the perk). Watch the “Continuous holding” column: some are fine with a one-off cross, while others need an odd-lot share to keep your shareholder number.
| Stock | Record | Perk (100 shares) | Value | General-margin cross cost (rough) | Continuous holding | Gyakuhibu watch |
|---|---|---|---|---|---|---|
| Skylark Holdings 3197 |
Jun/Dec | ¥2,000 perk voucher (digital) | 2,000 | Lending fee only | Not needed (one-off OK) | No gyakuhibu on general margin; very popular, so inventory is fought over |
| Kobayashi Pharma. 4967 |
Jun/Dec | ¥5,000 worth of own products (your choice) | 5,000 | ~¥290 (lending fee) | Not needed | Plenty of general-margin stock; standard margin has high gyakuhibu risk |
| Alpen 3028 |
Jun/Dec | ¥1,000 voucher (per period; Sports Depo / Golf5) | 1,000+ | ~¥130 (lending fee) | Not needed | Frequent gyakuhibu (27 times so far); use general margin |
| Kagome 2811 |
Jun | ¥2,000 worth of food (Yasai Seikatsu, etc.) | 2,000 | Lending fee only | ⚠️ 6-month (odd-lot OK) |
General-margin stock is easy to get; avoids gyakuhibu |
| Asics 7936 |
Jun/Dec | 25–40% off digital tickets (online / direct stores) | Depends on use | Lending fee only | Scales up long-term (odd-lot advised) |
General-margin stock is very easy to get. Online-only from the Dec 2025 term; rules change (downgrade) from end-June 2026 |
※ Cost figures are estimates from perk-guide sites for the 2025–2026 June terms (100 shares). Lending fees and inventory change daily, so confirm with your broker on the day. Rows flagged ⚠️ under “Continuous holding” require holding an odd-lot share to keep your shareholder number.
③ Long-term / continuous-holding / odd-lot rules (incl. McDonald’s candidate)
The single most important factor for June-end perks is the long-term / continuous-holding condition — it decides whether you can cross and whether you need an odd-lot share. Here are the rules for every candidate (including the newly added 🆕 McDonald’s 2702). Sources: kabuyutai.com, 96ut.com, etc. Rules change often, so check each company’s IR page before buying.
| Stock | Record | Long-term / continuous-holding condition | Odd-lot / cross feasibility |
|---|---|---|---|
| Rakuten Group 4755 | Jun/Dec | ⚠️ Bonus perk: hold 100 shares under the same shareholder number at both end-Dec and end-Jun → +6 months free | ✗ Cash-share continuation only (SIM) |
| MH Group 9439 | Jun (1×/yr) | 3+ years bumps ¥3,500→¥4,500; no continuation needed for the base | ○ One-off cross OK (at the <3yr tier) |
| Fujio Food Group 2752 | Jun/Dec | No clear continuation condition at present | ○ One-off cross OK |
| Monogatari Corp. 3097 | Jun/Dec | ⚠️ From end-Dec 2025: 6+ months continuous (on register 2 consecutive times) | △ Needs odd-lot + consecutive crosses (I hold long-term) |
| Skylark Holdings 3197 | Jun/Dec | No continuation condition | ○ One-off cross OK |
| Kobayashi Pharma. 4967 | Jun/Dec | None for the base; 300 shares + 3 years adds a recovery-support gift (Dec only) | ○ One-off cross OK |
| Alpen 3028 | Jun/Dec | No continuation condition (tiered by share count only) | ○ One-off cross OK |
| Kagome 2811 | Jun | ⚠️ 6+ months continuous (prior end-Dec + end-Jun, same number); no empty cross at end-Dec | △ Cross OK if you hold an odd-lot |
| Asics 7936 | Jun/Dec | 1 year (3 consecutive) / 3 years (7 consecutive) raises the discount; shareholder number must continue | △ Odd-lot + continuous crosses (for the long-term tier) |
| 🆕 McDonald’s Japan 2702 | Jun/Dec | ⚠️⚠️ Since 2024, 1+ year of continuous holding is mandatory (same number, 3 consecutive records). 100 shares = 1 booklet (300 = 3, 500 = 5) of meal vouchers | ✗/△ One-off cross won’t work; odd-lot results are mixed/unreliable → long-term holding advised |
○ = a one-off cross works / △ = needs an odd-lot to keep the shareholder number + consecutive crosses / ✗ = can’t be crossed, requires long-term cash holding. McDonald’s, due to the 1-year condition added in 2024, no longer suits a one-off cross — even the odd-lot method has failed for some, so long-term holding is the surest route.
④ Perk value by share count (cost-efficiency cheat sheet)
Many perks don’t scale proportionally with share count, so “how many shares to buy” really affects cost-efficiency. For each stock, here’s what you get at 100 shares vs. more, and which tier is the best value (cost-efficiency = value per 100 shares).
| Stock | Shares → perk value | Best-value tier |
|---|---|---|
| Skylark Holdings 3197 |
100sh=¥2,000 / 300sh=¥5,000 / 500sh=¥8,000 / 1,000sh=¥17,000 (each, 2×/yr) | ★ 100 shares (¥2,000 per 100; per-share falls as you go up) |
| Alpen 3028 |
100sh=¥1,000 / 200sh=¥2,000 / 300sh=¥4,000 / 400sh=¥6,000 / 500sh=¥10,000 / 1,000sh=¥20,000 (per period) | ★ 500+ shares (per-100 doubles from ¥1,000 to ¥2,000 — a rare “more is better” stock) |
| Kagome 2811 |
100sh=¥2,000 worth / 1,000sh=¥6,000 worth | ★ 100 shares (¥2,000 per 100; 1,000 shares is diluted) |
| MH Group 9439 |
100sh=¥3,500×1 / 300sh=×2 / 500sh=×3 / 1,000sh=×4 (3+ years → ¥4,500) | ★ 100 shares (1 voucher per 100; thins out higher up) |
| Fujio Food Group 2752 |
100sh=¥3,000 worth (1 set) / more shares = 2 or 4 sets | ≈ 100 shares (roughly proportional; pick the set count you need) |
| 🆕 McDonald’s Japan 2702 |
100sh=1 booklet / 300sh=3 / 500sh=5 (6-voucher meal booklets) | Linear / the same across tiers (1 booklet per 100). ※ Needs 1-year continuous holding |
| Kobayashi Pharma. 4967 |
100sh=¥5,000 worth of own products (300sh+3yr adds a recovery-support gift, Dec only) | ★ 100 shares (¥5,000 is generous — high value at one tier) |
| Monogatari Corp. 3097 |
Flat ¥3,500 card at 100 shares (2×/yr = ¥7,000) | ★ 100 shares (flat ¥3,500) |
Bottom line: for most stocks 100 shares is the best value (per-share thins out higher up). The one exception is Alpen (per-share doubles at 500+ shares) — if you want to invest more, Alpen is the pick. McDonald’s is linear (1 booklet per 100 at every tier). Figures are the latest from perk-guide sites / official IR and may change, so defer to official sources.
⑤ My recommendations
- 🆕 Kobayashi Pharmaceutical (4967): ¥5,000 of own products is generous, general-margin stock is plentiful, the cost is low (~¥290), and no continuation condition means a one-off cross works. Just avoid standard-margin gyakuhibu by using general margin.
- 👍🏻 Skylark Holdings (3197): the classic dining perk. No gyakuhibu on general margin, no continuation condition, and good resale value (~90% on Yahoo Auctions). The catch: it’s so popular that inventory is fought over.
- 🆕 Alpen (3028): usable at many stores (Sports Depo / Golf5 / Alpen Outdoors), high personal value, no continuation condition. But it’s a gyakuhibu regular, so always use general margin.
- 👍🏻 Monogatari Corporation (3097): Yakiniku King is genuinely useful — I hold this as long-term cash shares. If you want to cross it, note: from end-Dec 2025 it needs 6 months of continuous holding, so a one-off cross no longer works and you need an odd-lot.
- ⚠️ McDonald’s (2702): the meal vouchers are hugely popular, but since 2024 it requires 1+ year of continuous holding — a one-off cross won’t work and the odd-lot method is unreliable, so if you want it, plan to hold long-term.
⑥ Yutai cross (tsunagi-uri) basics
A tsunagi-uri means buying cash shares and shorting the same number on margin at the same time, cancelling out price movement so only the perk right remains. After the ex-rights date you settle with a “physical delivery” (genwatashi), leaving only the trading fee and the stock-lending fee as your cost.
- General vs. standard margin: if gyakuhibu scares you, use general margin (fixed cost). Standard margin is cheaper but carries gyakuhibu (lending premium) risk, which can spike on popular stocks at the record date.
- Grab inventory early: general-margin short inventory is limited and popular names (Skylark, etc.) often run out on the cum-rights date itself. Holding accounts at several brokers helps.
- Keep an odd-lot for continuous-holding stocks: Monogatari, Kagome, Asics, McDonald’s and others have continuation conditions, so a one-off cross won’t work — you need an odd-lot share (e.g. 1 share) to keep your shareholder number (McDonald’s 1-year rule is the strictest, and the odd-lot method isn’t reliable there).
A yutai cross needs a brokerage account that offers general-margin shorting. SBI Securities is the workhorse for general-margin crosses (large inventory):
⑦ Use odd-lot shares to keep your shareholder number
The June-end stocks with continuous-holding conditions — Monogatari (3097), Kagome (2811), Asics (7936), McDonald’s (2702) — can’t be captured with a one-off cross. You need to hold an odd-lot share (e.g. 1 share) to keep the same shareholder number and stay on the register consecutively. The method: hold 1 odd-lot share long-term, then cross the round lot on the record date.
- Kagome (2811): holding an odd-lot satisfies the 6-month condition (no empty cross needed at end-Dec). The easiest to work with.
- Asics (7936): an odd-lot keeps your shareholder number; the longer the consecutive record, the higher the discount (1-year / 3-year tiers).
- Monogatari (3097): an odd-lot + consecutive crosses satisfies the 6-month rule (I hold long-term, so it’s automatic for me).
- McDonald’s (2702): the 1-year (3 consecutive) condition is the strictest, and some people have failed even while holding an odd-lot — long-term cash holding is the surest route.
⑧ My past June-end perk track record
| Settled | Stock | Perk | Use | Value |
|---|---|---|---|---|
| 2025/06 | Skylark 3197 | ¥5,000 voucher | Personal use | 5,000 |
| 2025/06 | Monogatari 3097 | Yakiniku King ¥3,000 | Personal use | 3,000 |
| 2025/06 | Fujio Food 2752 | Kushiya Monogatari ¥3,000 | Personal use | 3,000 |
| 2025/06 | MH Group 9439 | ¥3,500 voucher | Personal use | 3,500 |
| 2024/07 | Skylark 3197 | ¥17,000 voucher (300 shares) | Sold on Yahoo Auctions ¥15,000 | 13,300 |
| 2024/07 | Monogatari 3097 | ¥3,500 voucher | Personal use | 3,500 |
| 2023/07 | Monogatari 3097 | Yakiniku King ¥3,500 | Sold on Mercari ¥2,850 | 2,850 |
| 2023/07 | Fujio Food 2752 | Kushiya Monogatari ¥3,000 | Sold on Mercari ¥2,600 | 2,130 |
※ Only a representative selection of June-end results; figures are as recorded at the time.
❓ FAQ
Q. When is the “last day to qualify” for June-end perks?
A. When the record date is June 30, T+2 puts it two business days earlier. For June 2026 that’s Friday, June 26, 2026 — hold by that day’s close at the latest.
Q. Can you cross Rakuten (4755)?
A. No. June-end is the continuation condition for the bonus perk; you must hold under the same shareholder number at both end-Dec and end-Jun, and this term’s SIM application has closed. It only applies to existing end-December holders who keep the cash shares.
Q. Why do some perks need an odd-lot to cross?
A. Monogatari / Kagome / Asics / McDonald’s have 6-month (or long-term) continuous-holding conditions requiring two-plus consecutive records under the same shareholder number. Cross traders keep 1 odd-lot share to maintain the number.
Summary
June has only a handful of perk stocks, but the no-continuation names — Kobayashi, Skylark, Alpen — are the easiest to play (a one-off cross works), and I personally hold Monogatari as long-term cash shares. The key is to read the long-term / continuous-holding / odd-lot rules (the table in Section ③): use general margin if gyakuhibu worries you, and grab inventory early. Keep odd-lots for the continuation stocks (Monogatari/Kagome/Asics), Rakuten is cash-continuation only, and McDonald’s 1-year rule is the strictest — neither a one-off cross nor an odd-lot is reliable, so hold long-term if you want it. Today is the cum-rights date, so move early.