Decision and Details
[May 2026] Auction results for the Modern Art, Contemporary Art and Modern Art Part II auctions
Active bidding took place, centered on notable works by artists including Raoul Dufy, Pablo Picasso, Marc Chagall and Maurice Utrillo.
Revenue from this auction is expected to be reflected in the consolidated results for the fiscal year ending May 2026. There is no change to the previously announced full-year consolidated earnings forecast. Auction fees, rather than the winning bid amounts themselves, will be recognized as sales.
| Item | Details |
|---|---|
| Matter Covered | [May 2026] Auction results for the Modern Art, Contemporary Art and Modern Art Part II auctions |
| Decision Date | 23 May 2026 (auction date) |
| Implementation Date | 23 May 2026 (actual) |
| Period Covered | Fiscal year ending May 2026 |
| Amount | Winning bids (including fees): ¥1,095,093,250; auction fees: ¥142,838,250 |
| Quantity / scale | Lots offered: 202; lots sold: 182; sell-through rate: 90.1%; works with winning bids exceeding ¥10 million: 20; Raoul Dufy collection: 19 works |
| Impact on Business Performance | Revenue from this auction is expected to be reflected in the consolidated results for the fiscal year ending May 2026. There is no change to the previously announced full-year consolidated earnings forecast. Auction fees, rather than the winning bid amounts themselves, will be recognized as sales. |
| Reason | Active bidding took place, centered on notable works by artists including Raoul Dufy, Pablo Picasso, Marc Chagall and Maurice Utrillo. |
| Future plans | The company will promptly announce any matters requiring disclosure that arise in the future. |
Items this document does not state (3)
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.Active bidding took place, centered on notable works by artists including Raoul Dufy.