Komori
Treasury shares6770ALPS ALPINE CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding the Planned Sale of Treasury Stock through an Off-Auction Purchase (ToSTNeT-3) and the Expected Recognition of a Gain on the Sale of Investment Securities (Extraordinary Income)

We have decided to sell all 3 million common shares of Nippon Seiki held by us in Nippon Seiki's acquisition of treasury shares through ToSTNeT-3. If the transaction is completed as planned, we expect to recognize a gain on the sale of investment securities of approximately ¥5 billion as extraordinary income.

Worth reading
41Recurring
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
50
¥100 million (expected gain on sale of investment securities)
Wording
Avoiding a definitive answer
How definitive the wording is.

自己株式に関する決定

自己株式に関する決定
ItemDetails
Items this document does not state (16)
Class of shares to be acquiredMaximum number of shares to be acquiredPercentage of total issued sharesTotal acquisition priceAcquisition periodMethod of acquisitionReason for acquisitionResolution dateNumber of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementCurrent number of treasury sharesTotal number of issued sharesChange in acquisition periodChange in acquisition limit

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.

We will sell the common shares of Nippon Seiki after comprehensively considering the significance of continuing to hold them following the dissolution of the capital alliance, while also seeking to reduce policy-held shares and improve capital efficiency.

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 Planned Sale of Treasury Stock through an Off-Auction Purchase (ToSTNeT-3) and the Expected Recognition of a Gain on the Sale of Investment Securities (Extraordinary Income) | ALPS ALPINE CO.,LTD. (6770) timely disclosure | Komori