Recognition of Extraordinary Gain (Gain on Sale of Investment Securities)
SPARX Group Co.,Ltd. (filing company)
1 investment security held by the Company (a foreign-domiciled fund)
Due to a change in the structure of a fund managed by the Group in which the Group has made a seed investment.
¥1,528 million (extraordinary gain)
First quarter consolidated financial results for the fiscal year ending March 2027
The Group's principal business, investment trust and investment advisory services, is significantly affected by economic conditions and market conditions, making it difficult to forecast future performance. Accordingly, no earnings forecast is disclosed.
The gain on sale of the investment securities described above will be recognized as an extraordinary gain in the first quarter consolidated financial results for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Gain (Gain on Sale of Investment Securities) |
| Date of occurrence | April 2026 (when the gain on sale of investment securities arose) |
| Subject Entity | SPARX Group Co.,Ltd. (filing company) |
| Target Locations / Products | 1 investment security held by the Company (a foreign-domiciled fund) |
| Cause | Due to a change in the structure of a fund managed by the Group in which the Group has made a seed investment. |
| Amount of Impact on Business Performance | ¥1,528 million (extraordinary gain) |
| Accounting period in which recognized | First quarter consolidated financial results for the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The Group's principal business, investment trust and investment advisory services, is significantly affected by economic conditions and market conditions, making it difficult to forecast future performance. Accordingly, no earnings forecast is disclosed. |
| Outlook | The gain on sale of the investment securities described above will be recognized as an extraordinary gain in the first quarter consolidated financial results for the fiscal year ending March 2027. |
Items this document does not state (16)
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.Due to a change in the structure of a fund managed by the Group in which the Group has made a seed investment.