Recognition of Gain on Sale of Investment Securities (Extraordinary Income)
Shin Nippon Air Technologies Co.,Ltd. (the filing company)
One listed stock holding owned by the Company
Reduction in accordance with the policy on strategic shareholdings set out in the medium-term management plan, “SNK Vision 2030 Phase III.”
¥2.6 billion (gain on sale of investment securities, extraordinary income)
First quarter consolidated financial results for the fiscal year ending March 2027
The earnings forecast for the current fiscal year is currently under review, including the impact of other factors. If it becomes necessary to disclose a revision, the Company will announce it promptly once finalized.
The gain on sale of investment securities described above is scheduled to be recorded as extraordinary income in the consolidated financial results for the first quarter of the fiscal year ending March 2027. If it becomes necessary to disclose an impact on the earnings forecast, the Company will announce it promptly once finalized.
If it becomes necessary to make a disclosure, the Company will announce it promptly once finalized.
| Item | Details |
|---|---|
| Event name | Recognition of Gain on Sale of Investment Securities (Extraordinary Income) |
| Date of occurrence | June 2026 (when the gain on sale was generated) |
| Subject Entity | Shin Nippon Air Technologies Co.,Ltd. (the filing company) |
| Target Locations / Products | One listed stock holding owned by the Company |
| Cause | Reduction in accordance with the policy on strategic shareholdings set out in the medium-term management plan, “SNK Vision 2030 Phase III.” |
| Amount of Impact on Business Performance | ¥2.6 billion (gain on sale of investment securities, extraordinary income) |
| Accounting period in which recognized | First quarter consolidated financial results for the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The earnings forecast for the current fiscal year is currently under review, including the impact of other factors. If it becomes necessary to disclose a revision, the Company will announce it promptly once finalized. |
| Outlook | The gain on sale of investment securities described above is scheduled to be recorded as extraordinary income in the consolidated financial results for the first quarter of the fiscal year ending March 2027. If it becomes necessary to disclose an impact on the earnings forecast, the Company will announce it promptly once finalized. |
| Planned follow-up disclosure | If it becomes necessary to make a disclosure, the Company will announce it promptly once finalized. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To reduce strategic shareholdings in accordance with the medium-term management plan, “SNK Vision 2030 Phase III.”