Recognition of Extraordinary Gain (Gain on Sale of Investment Securities)
KITAZAWA SANGYO CO.,LTD. (the Company)
1 listed stock held by the Company
To improve the efficiency of our asset holdings.
¥315 million (to be recognized as an extraordinary gain in the first quarter of the fiscal year ending March 2027)
First quarter of the fiscal year ending March 2027
The earnings forecast for the current fiscal year is currently under review. If it becomes necessary to revise the forecast in the future, including in light of other factors, we will promptly disclose the information.
The gain on sale of investment securities described above will be recognized as an extraordinary gain in the first quarter of the fiscal year ending March 2027. We will review the earnings forecast for the current fiscal year and promptly disclose any information if it becomes necessary to revise it.
If it becomes necessary to revise the earnings forecast, we will promptly disclose the information.
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Gain (Gain on Sale of Investment Securities) |
| Subject Entity | KITAZAWA SANGYO CO.,LTD. (the Company) |
| Target Locations / Products | 1 listed stock held by the Company |
| Cause | To improve the efficiency of our asset holdings. |
| Amount of Impact on Business Performance | ¥315 million (to be recognized as an extraordinary gain in the first quarter of the fiscal year ending March 2027) |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The earnings forecast for the current fiscal year is currently under review. If it becomes necessary to revise the forecast in the future, including in light of other factors, we will promptly disclose the information. |
| Outlook | The gain on sale of investment securities described above will be recognized as an extraordinary gain in the first quarter of the fiscal year ending March 2027. We will review the earnings forecast for the current fiscal year and promptly disclose any information if it becomes necessary to revise it. |
| Planned follow-up disclosure | If it becomes necessary to revise the earnings forecast, we will promptly disclose the information. |
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.To improve the efficiency of our asset holdings.