Recognition of Gain on Sale of Investment Securities (Extraordinary Income)
NORITZ CORPORATION (filing company)
2 listed securities held by the Company
To improve asset efficiency by reducing cross-shareholdings and use the proceeds as a source of funds for growth investments
¥4,430 million (gain on sale of investment securities, extraordinary income)
First-quarter consolidated financial results for the fiscal year ending December 2026
Already reflected in the full-year consolidated earnings forecast announced on 10 February 2026, with no change at present
The gain is expected to be recognized as extraordinary income in the first-quarter consolidated financial results for the fiscal year ending December 2026.
| Item | Details |
|---|---|
| Event name | Recognition of Gain on Sale of Investment Securities (Extraordinary Income) |
| Date of occurrence | January to March 2026 (sale period) |
| Subject Entity | NORITZ CORPORATION (filing company) |
| Target Locations / Products | 2 listed securities held by the Company |
| Cause | To improve asset efficiency by reducing cross-shareholdings and use the proceeds as a source of funds for growth investments |
| Amount of Impact on Business Performance | ¥4,430 million (gain on sale of investment securities, extraordinary income) |
| Accounting period in which recognized | First-quarter consolidated financial results for the fiscal year ending December 2026 |
| Impact on Earnings Forecast | Already reflected in the full-year consolidated earnings forecast announced on 10 February 2026, with no change at present |
| Outlook | The gain is expected to be recognized as extraordinary income in the first-quarter consolidated financial results for the fiscal year ending December 2026. |
Items this document does not state (16)
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 improve asset efficiency by reducing cross-shareholdings and use the proceeds as a source of funds for growth investments