Nippon Paper Industries announced that it expects to record an approximately ¥12.3 billion gain on the sale of investment securities in its consolidated full-year results for the fiscal year ending March 2027. The gain is attributable to the sale of part of its holdings in LINTEC Corporation shares in response to LINTEC Corporation's share buyback.
Nippon Paper Industries announced that it expects to record an approximately ¥12.3 billion gain on the sale of investment securities in its full-year results for the fiscal year ending March 2027.
The extraordinary gain is expected to be recorded following the sale of part of the LINTEC Corporation shares it held in response to LINTEC Corporation's share buyback.
The gain on sale is an estimate, and the official figure in the company's financial results is expected to be confirmed in a future disclosure.