The Kinki Sharyo Co., Ltd.
Notice Regarding Transfer of Fixed Assets and Recording of Special Gain (Gain on Sale of Fixed Assets)
A consolidated subsidiary will transfer owned fixed assets and The Kinki Sharyo Co., Ltd. plans to record approximately 240 million yen as a special gain (gain on sale of fixed assets) in the fiscal year ending March 2027. The impact of a factory fire is still being examined; if revisions to earnings guidance are necessary, they will be disclosed.
Key Figures
- Gain on sale of fixed assets: approx. 24 hundred million yen
- Transfer price: 26 million USD
- Book value: 9 million USD
AI要約
Key Points
A consolidated subsidiary, KI-PISCATAWAY LLC, resolved to sell fixed assets it owns and transfer them to DIG BRICKYARD CRANBURY LLC. The transfer price is 26 million USD, the book value is 9 million USD, and approximately 240 million yen will be recorded as a special gain (gain on sale of fixed assets) in the fiscal year ending March 2027. The delivery date is 2026-10-26.
Future Impact and Notes
The future earnings outlook currently factors in the recording of this gain on sale; however, the final determination of whether revisions to earnings guidance are required is under review, taking into account the impact of the August 2026 factory fire. If revisions are necessary, they will be disclosed separately.
The Kinki Sharyo Co., Ltd.
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