Yodoko, Ltd.
Notification Regarding Transfer of Equity Interest in an Affiliate Accounted for by the Equity Method (Share Transfer) and Expected Recognition of Gain on Sale of Affiliate Shares
Yodoko Corporation will transfer all 4,000,000 shares of its equity-method affiliate Sadojima Co., Ltd., and is expected to record approximately ¥1.5 billion in gain on sale of shares in the consolidated financial results for the fiscal year ending March 2026.
Key Figures
- Number of Shares Transferred: 4,000,000 shares (Voting rights ownership: 50.00%)
- Gain on Sale of Affiliate Shares (Non-consolidated): ¥9.765 billion (expected to be recorded as special gain)
- Gain on Sale of Affiliate Shares (Consolidated): Approximately ¥1.5 billion (expected to be recorded as gain)
AI要約
Overview of Share Transfer
At the board meeting held on February 27, 2026, Yodoko Corporation resolved to transfer all 4,000,000 shares of Sadojima Co., Ltd., an equity-method affiliate (voting rights ownership: 50.00%), to Sadojima. The transfer price is confidential due to a non-disclosure agreement. The planned execution date of the transfer is March 18, 2026. As a result, Sadojima will be excluded from equity-method affiliates; however, business relations will continue.
Impact on Performance and Future Outlook
As a result of this share transfer, Yodoko Corporation expects to record a special gain of ¥9.765 billion on sale of affiliate shares in the non-consolidated financial results for the fiscal year ending March 2026. In the consolidated financial results, approximately ¥1.5 billion in gain on sale is expected due to exclusion from equity accounting. After the transfer, Sadojima will continue its role as Yodoko’s trading company liaison, with no impact on business relations.
