Notice Regarding the Expected Recognition of a Gain on Sale of Investment Securities (Extraordinary Income)
NIPPN CORPORATION (filing company)
Part of the listed securities held by the Company
To review cross-shareholdings in accordance with the Corporate Governance Code and improve capital efficiency
Approximately ¥9.3 billion (expected), gain on sale of investment securities (extraordinary gain)
Fiscal year ending March 2027
The gain is included in the consolidated earnings forecast for the fiscal year ending March 2027 announced on 12 May 2026. If the gain is finalized and timely disclosure becomes necessary, the Company will provide notice promptly.
The Company will sell part of its listed securities by the end of March 2027. If the gain is finalized and timely disclosure becomes necessary, the Company will provide notice promptly.
The Company will provide notice promptly if the gain on sale of investment securities is finalized and timely disclosure becomes necessary.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Expected Recognition of a Gain on Sale of Investment Securities (Extraordinary Income) |
| Date of occurrence | 26 June 2026 (date of Board of Directors resolution) |
| Date recognized / date notice received | 26 June 2026 (date on which the Company became aware of the matter through the Board of Directors resolution) |
| Subject Entity | NIPPN CORPORATION (filing company) |
| Target Locations / Products | Part of the listed securities held by the Company |
| Cause | To review cross-shareholdings in accordance with the Corporate Governance Code and improve capital efficiency |
| Amount of Impact on Business Performance | Approximately ¥9.3 billion (expected), gain on sale of investment securities (extraordinary gain) |
| Accounting period in which recognized | Fiscal year ending March 2027 |
| Impact on Earnings Forecast | The gain is included in the consolidated earnings forecast for the fiscal year ending March 2027 announced on 12 May 2026. If the gain is finalized and timely disclosure becomes necessary, the Company will provide notice promptly. |
| Outlook | The Company will sell part of its listed securities by the end of March 2027. If the gain is finalized and timely disclosure becomes necessary, the Company will provide notice promptly. |
| Planned follow-up disclosure | The Company will provide notice promptly if the gain on sale of investment securities is finalized and timely disclosure becomes necessary. |
Items this document does not state (14)
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 review cross-shareholdings and improve capital efficiency.