Decision and Details
Western Art / Bags / Jewelry & Watches Auction Results
To report the results of the auction held by Shinwa Auction Co., Ltd., a consolidated subsidiary.
Sales are expected to be reflected in consolidated results for the fiscal year ending May 2027. No change to the published full-year consolidated earnings forecast.
| Item | Details |
|---|---|
| Matter Covered | Western Art / Bags / Jewelry & Watches Auction Results |
| Decision Date | 17 October 2026 (auction date) |
| Implementation Date | 17 October 2026 (actual) |
| Period Covered | Expected to be reflected in consolidated results for the fiscal year ending May 2027 |
| Amount | Winning bids (including fees): ¥160,223,750; buyers’ commissions: ¥20,898,750 |
| Quantity / scale | 429 lots offered, 311 lots sold, 72.5% sell-through rate |
| Impact on Business Performance | Sales are expected to be reflected in consolidated results for the fiscal year ending May 2027. No change to the published full-year consolidated earnings forecast. |
| Reason | To report the results of the auction held by Shinwa Auction Co., Ltd., a consolidated subsidiary. |
| Future plans | The company will promptly disclose 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.To report the results of the auction held by a consolidated subsidiary. The company explained that sales from the auction are expected to be reflected in consolidated results for the fiscal year ending May 2027.