Nishikawa Rubber Co., Ltd.
Notice Regarding Partial Sale of Investment Securities and Recording of Special Profit
Nishikawa Rubber Co., Ltd. sold 3,550,000 shares of DaikyoNishikawa stock for approximately 2.8 billion yen and plans to record a special profit of about 2.5 billion yen in the fourth quarter of the fiscal year ending March 2026.
Key Figures
- Number of Shares Sold: 3,550,000 shares
- Total Sale Amount: 2,801,944,000 yen (789.28 yen per share)
- Special Profit Recorded: 2,539,760,590 yen (expected in Q4 of fiscal 2026)
AI要約
Overview of the Sale
NISHIKAWA RUBBER CO., LTD. has decided to sell 3,550,000 common shares of DaikyoNishikawa Co., Ltd. at 789.28 yen per share, totaling 2,801,944,000 yen. The sale is scheduled for January 26, 2026, and is expected to result in a gain on sale of investment securities (special profit) of approximately 2,539,760,590 yen recorded in the fourth quarter of the fiscal year ending March 2026.
Background and Future Outlook
This sale is part of the policy stock divestment strategy outlined in the supplemental edition of the “2030 Global Medium- to Long-Term Management Plan” announced in February 2025, aiming to achieve ROE of 9% by targeting sales on the scale of 10 billion yen by the fiscal year ending March 2028. Following the sale, the voting rights holding ratio of DaikyoNishikawa will decrease from 17.35% to 8.98%, expected to move out of major shareholders, but transactional relationships will continue. The impact on consolidated earnings forecasts is currently being assessed and will be disclosed promptly as necessary.
