Tokuyama announced that it will recognize a gain of approximately ¥30.5 billion from the sale of its domestic cement sales business during the period from April to December 2026. The sale price is approximately ¥37 billion, with the gain calculated after deducting the book value and other items of the subsidiary being sold.
Tokuyama announced a policy of recognizing a gain on the sale of its domestic cement sales business to Taiheiyo Cement. The relevant period is from 1 April to December 2026.
The total sale price is approximately ¥37 billion, and the amount calculated after deducting the book value and other items of the subsidiary being sold will be recognized as the gain on sale.
The article also discusses the specific sale procedures and the treatment of other related facilities, but the main focus of the announcement is the recognition and formalization of the gain and its amount.