Expected recognition of a gain on the sale of investment securities (extraordinary income)
NORITZ CORPORATION (the Company)
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
Approximately ¥2,600 million (expected), extraordinary income
Full-year consolidated financial results for the fiscal year ending December 2026
The full-year consolidated earnings forecast announced on 7 August 2026 remains unchanged as of now
The Company plans to sell the securities between October and December 2026 and expects to record gains on the sale of investment securities as extraordinary income in its full-year consolidated financial results for the fiscal year ending December 2026. The full-year consolidated earnings forecast remains unchanged as of now.
| Item | Details |
|---|---|
| Event name | Expected recognition of a gain on the sale of investment securities (extraordinary income) |
| Subject Entity | NORITZ CORPORATION (the Company) |
| Target Locations / Products | 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 | Approximately ¥2,600 million (expected), extraordinary income |
| Accounting period in which recognized | Full-year consolidated financial results for the fiscal year ending December 2026 |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast announced on 7 August 2026 remains unchanged as of now |
| Outlook | The Company plans to sell the securities between October and December 2026 and expects to record gains on the sale of investment securities as extraordinary income in its full-year consolidated financial results for the fiscal year ending December 2026. The full-year consolidated earnings forecast remains unchanged as of now. |
Items this document does not state (17)
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