This transaction
Sale of sharesA gain on the sale of shares in an affiliated company of ¥3.7 billion (estimated amount) is expected to be recognized as extraordinary income in the third quarter of the fiscal year ending March 2027
| Item | Details |
|---|---|
| Transaction name | Sale of shares |
| Counterparty name | VAROPreem AB |
| Name of the Subject Company | SunPine AB |
| Location of the Subject Company | Sweden |
| Type of Consideration | Cash |
| Amount of extraordinary income (loss) | Gain on sale of shares in an affiliated company: ¥3.7 billion (estimated amount), expected to be recognized as extraordinary income in the third quarter of the fiscal year ending March 2027 |
| Impact on Business Performance | A gain on the sale of shares in an affiliated company of ¥3.7 billion (estimated amount) is expected to be recognized as extraordinary income in the third quarter of the fiscal year ending March 2027 |
| Execution Date / Effective Date | The sale had been completed as of the disclosure date of 10 July 2026 |
| Conditions Precedent to Execution | Receipt of the sale proceeds |
Items this document does not state (23)
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.The proceeds from the sale of the shares will be used to fund capital investment in growth areas and improve the Company’s financial position through debt reduction.