MTI announced that it had entered into a tender agreement relating to a tender offer for shares in its equity-method affiliate, Shobunsha Holdings,Inc. It also referred to the expected recognition of an extraordinary loss and extraordinary gain.
MTI announced that it had entered into a tender agreement relating to a tender offer for shares in its equity-method affiliate, Shobunsha Holdings,Inc.
The company expressly stated that it expects to recognize an extraordinary loss and extraordinary gain as accounting treatment related to the tender offer.
This article is based on an announcement from 日経会社情報DIGITAL, an information service affiliated with the Nikkei, and the article did not include details of the specific tender offer terms.