IC announced that it had completed the partial sale of its investment securities. The gain on the sale was approximately ¥151 million and will be recorded as an extraordinary gain for the fiscal year ending September 2026.
Regarding its previously disclosed estimate of a gain on the sale of investment securities, dated 28 July, IC announced that it had completed the partial sale of its holdings. The sale covered 2 listed securities, and the sale period ran from 28 July to 7 September 2026.
The gain on the sale was approximately ¥151 million, ¥11 million below the initial estimate of ¥162 million. The decrease was due to fluctuations in the share prices of the securities sold.
The gain on the sale of investment securities is scheduled to be recorded as an extraordinary gain for the fiscal year ending September 2026, and the full-year consolidated earnings forecast for the same fiscal year is currently under review, including other factors. If a revision to the earnings forecast becomes necessary, the company said it will announce it promptly.
The company also indicated that the transaction is intended in part to advance its review of policy-held shares in response to the Corporate Governance Code.