Recording of an extraordinary loss (loss on sale of investment securities) in connection with the transfer of shares in an equity-method affiliate
Japan Asia Investment Company,Limited (filing company), 株式会社宮崎太陽キャピタル (equity-method affiliate)
The business relationship has currently weakened as the company has scaled back its investment in venture companies. The shares will be liquidated at an early stage to improve capital efficiency, and the recovered funds will be redirected to more profitable investments.
Approximately ¥33 million (extraordinary loss (loss on sale of investment securities))
Consolidated financial results for the third quarter of the fiscal year ending March 2027
The projected figures for the fiscal year ending March 2027 based on the conventional consolidated accounting standards are currently under review. The new projected figures will be disclosed once finalised.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
42.5% ownership (number of voting rights and record date: Not disclosed)
0% (after the transfer of all shares; number of voting rights and record date: Not disclosed)
A transfer agreement is scheduled to be signed on 10 November 2026, with the transfer to take place on the same day. The projected figures for the fiscal year ending March 2027 based on the conventional consolidated accounting standards will be reviewed, and the new projected figures will be disclosed once finalised. If timely disclosure becomes necessary, the company will notify the market promptly.
The new projected figures will be disclosed once finalised. If timely disclosure becomes necessary, the company will notify the market promptly.
| Item | Details |
|---|---|
| Event name | Recording of an extraordinary loss (loss on sale of investment securities) in connection with the transfer of shares in an equity-method affiliate |
| Date of occurrence | 28 October 2026 (date of board resolution) |
| Subject Entity | Japan Asia Investment Company,Limited (filing company), 株式会社宮崎太陽キャピタル (equity-method affiliate) |
| Cause | The business relationship has currently weakened as the company has scaled back its investment in venture companies. The shares will be liquidated at an early stage to improve capital efficiency, and the recovered funds will be redirected to more profitable investments. |
| Amount of Impact on Business Performance | Approximately ¥33 million (extraordinary loss (loss on sale of investment securities)) |
| Accounting period in which recognized | Consolidated financial results for the third quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The projected figures for the fiscal year ending March 2027 based on the conventional consolidated accounting standards are currently under review. The new projected figures will be disclosed once finalised. |
| Voting rights ownership percentage before the change | 42.5% ownership (number of voting rights and record date: Not disclosed) |
| Voting rights ownership percentage after the change | 0% (after the transfer of all shares; number of voting rights and record date: Not disclosed) |
| Outlook | A transfer agreement is scheduled to be signed on 10 November 2026, with the transfer to take place on the same day. The projected figures for the fiscal year ending March 2027 based on the conventional consolidated accounting standards will be reviewed, and the new projected figures will be disclosed once finalised. If timely disclosure becomes necessary, the company will notify the market promptly. |
| Planned follow-up disclosure | The new projected figures will be disclosed once finalised. If timely disclosure becomes necessary, the company will notify the market promptly. |
Items this document does not state (14)
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.As investment in venture companies has been scaled back, the business relationship with 株式会社宮崎太陽キャピタル has weakened. Although the transfer will result in a loss, the shares will be liquidated at an early stage to improve capital efficiency, and the recovered funds will be redirected to more profitable investments.