Finalization of the Amount of the Gain on Sale of Investment Securities Recognized as an Extraordinary Gain
Kyodo Printing Co.,Ltd.
8 listed shareholdings and 1 unlisted shareholding held by the Company
To review cross-shareholdings in accordance with the Corporate Governance Code, strengthen the financial position, and improve asset efficiency. The main reasons for the increase in the gain on sale were fluctuations in the share prices of the securities sold and an increase in the number of securities sold.
Gain on sale of investment securities: ¥3,394 million (scheduled to be recognized as an extraordinary gain in the financial results for the fiscal year ending March 2026)
Fiscal year ending March 2026
The consolidated earnings forecast for the fiscal year ending March 2026 is currently being reviewed in light of other factors as well. If a revision is necessary, the Company will disclose it promptly.
The gain on sale of investment securities is scheduled to be recognized as an extraordinary gain in the financial results for the fiscal year ending March 2026. The Company will also review other factors affecting its consolidated earnings forecast for the fiscal year ending March 2026 and will disclose any necessary revision promptly. The Company plans to reduce its cross-shareholdings to less than 15% of consolidated net assets by the end of March 2028.
The Company will promptly disclose any revision to its earnings forecast if necessary.
| Item | Details |
|---|---|
| Event name | Finalization of the Amount of the Gain on Sale of Investment Securities Recognized as an Extraordinary Gain |
| Date of occurrence | Investment securities were sold from May 2025 through March 2026, and the matter was disclosed on 31 March 2026. |
| Subject Entity | Kyodo Printing Co.,Ltd. |
| Target Locations / Products | 8 listed shareholdings and 1 unlisted shareholding held by the Company |
| Cause | To review cross-shareholdings in accordance with the Corporate Governance Code, strengthen the financial position, and improve asset efficiency. The main reasons for the increase in the gain on sale were fluctuations in the share prices of the securities sold and an increase in the number of securities sold. |
| Amount of Impact on Business Performance | Gain on sale of investment securities: ¥3,394 million (scheduled to be recognized as an extraordinary gain in the financial results for the fiscal year ending March 2026) |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Impact on Earnings Forecast | The consolidated earnings forecast for the fiscal year ending March 2026 is currently being reviewed in light of other factors as well. If a revision is necessary, the Company will disclose it promptly. |
| Outlook | The gain on sale of investment securities is scheduled to be recognized as an extraordinary gain in the financial results for the fiscal year ending March 2026. The Company will also review other factors affecting its consolidated earnings forecast for the fiscal year ending March 2026 and will disclose any necessary revision promptly. The Company plans to reduce its cross-shareholdings to less than 15% of consolidated net assets by the end of March 2028. |
| Planned follow-up disclosure | The Company will promptly disclose any revision to its earnings forecast if necessary. |
Items this document does not state (15)
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 review cross-shareholdings in accordance with the Corporate Governance Code, strengthen the financial position, and improve asset efficiency. The main reasons the gain on sale exceeded the initial estimate were fluctuations in the share prices of the securities sold and an increase in the number of securities sold.