Komori
Disclosure6703Oki Electric Industry Company,LimitedElectrical Equipment and Precision Instruments

Notice Regarding the Recording of a Gain on Sale of Investment Securities (Extraordinary Income)

The Company sold 10 million common shares of Hulic Co.,Ltd. that it held and expects to record a ¥5.1 billion gain on sale of investment securities as extraordinary income in the first quarter of the fiscal year ending March 2027. The gain is already reflected in the consolidated earnings forecast for the fiscal year ending March 2027.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
51
¥100 million
Wording
Conditional
How definitive the wording is.

Decision and Details

Recognition of Gain on Sale of Investment Securities (Extraordinary Income)

DecisionThe Company announced in disclosure dated 21 May 2026 that it had decided to sell the shares
Period CoveredFirst quarter of the fiscal year ending March 2027
ImplementationFirst quarter of the fiscal year ending March 2027 (expected to be recorded)
Going forwardThe Company expects to record a gain on sale of investment securities (extraordinary income) in the first quarter of the fiscal year ending March 2027
AmountTotal sale proceeds of ¥16.2 billion (¥1,615.26 per share), and a ¥5.1 billion gain on sale of investment securities
Quantity / scale10,000,000 common shares of Hulic Co.,Ltd.
Reason

The sale price from the Company to the underwriters (underwriting price) in this secondary offering was determined

Impact on Business Performance

The Company expects to record a ¥5.1 billion gain on sale of investment securities as extraordinary income. The gain is already reflected in the consolidated earnings forecast for the fiscal year ending March 2027

Decision and Details
ItemDetails
Matter CoveredRecognition of Gain on Sale of Investment Securities (Extraordinary Income)
Decision DateThe Company announced in disclosure dated 21 May 2026 that it had decided to sell the shares
Implementation DateFirst quarter of the fiscal year ending March 2027 (expected to be recorded)
Period CoveredFirst quarter of the fiscal year ending March 2027
AmountTotal sale proceeds of ¥16.2 billion (¥1,615.26 per share), and a ¥5.1 billion gain on sale of investment securities
Quantity / scale10,000,000 common shares of Hulic Co.,Ltd.
Impact on Business PerformanceThe Company expects to record a ¥5.1 billion gain on sale of investment securities as extraordinary income. The gain is already reflected in the consolidated earnings forecast for the fiscal year ending March 2027
ReasonThe sale price from the Company to the underwriters (underwriting price) in this secondary offering was determined
Related previous disclosures21 May 2026, “Notice Regarding the Sale of Investment Securities,” and the consolidated earnings forecast for the fiscal year ending March 2027 announced on 13 May 2026
Future plansThe Company expects to record a gain on sale of investment securities (extraordinary income) in the first quarter of the fiscal year ending March 2027
Items this document does not state (2)
Decision-Making BodyGoverning Rule

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 sale price from the Company to the underwriters (underwriting price) was determined in connection with the secondary offering of shares in Hulic Co.,Ltd.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recording of a Gain on Sale of Investment Securities (Extraordinary Income) | Oki Electric Industry Company,Limited (6703) timely disclosure | Komori