Decision and Details
Board of DirectorsRecognition of gain on sales of investment securities
Reduction of cross-shareholdings in line with the intent of the Corporate Governance Code, allocation to near-term working capital, securing liquidity on hand, improving the efficiency of held assets, and stabilizing the financial position
Recognized as an extraordinary gain in the fourth-quarter consolidated accounting period of the fiscal year ending October 2026. The consolidated earnings forecast for the fiscal year ending October 2026 remains unchanged.
| Item | Details |
|---|---|
| Matter Covered | Recognition of gain on sales of investment securities |
| Decision-Making Body | Board of Directors |
| Decision Date | Approved at the Board of Directors meeting held on 21 October 2026, after reporting the details and results of the sale |
| Implementation Date | Sold between 25 August 2026 and 28 September 2026 (actual results) |
| Period Covered | The fourth-quarter consolidated accounting period of the fiscal year ending October 2026 |
| Amount | Gain on sale of investment securities: ¥105 million |
| Quantity / scale | 21 listed securities held by the Company |
| Impact on Business Performance | Recognized as an extraordinary gain in the fourth-quarter consolidated accounting period of the fiscal year ending October 2026. The consolidated earnings forecast for the fiscal year ending October 2026 remains unchanged. |
| Reason | Reduction of cross-shareholdings in line with the intent of the Corporate Governance Code, allocation to near-term working capital, securing liquidity on hand, improving the efficiency of held assets, and stabilizing the financial position |
| Governing Rule | The intent of the Corporate Governance Code |
| Related previous disclosures | Resolution at the Board of Directors meeting held on 25 February 2025 to delegate authority to the Representative Director and President to sell securities |
| Future plans | The gain on sale will be recognized as an extraordinary gain in the fourth-quarter consolidated accounting period of the fiscal year ending October 2026. If any changes arise in the future, they will be disclosed appropriately. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To reduce cross-shareholdings in line with the intent of the Corporate Governance Code, while taking into account current cash flow needs, and to use the sale proceeds for near-term working capital required for business operations, including purchasing costs and personnel expenses, thereby securing liquidity on hand.