NIC Autotec, Inc.

2026/08/21 Updated
Market Cap: $25.7M (¥4.1B)
Stock Price: $4.72 (¥750)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Fixed Asset Disposal

The Company announces that the Board of Directors resolved to dispose of fixed assets on June 5, 2026, and has decided the disposal destination, amount, and schedule. The assets to be disposed of are land and buildings in Toyama City, Toyama Prefecture, with the disposal price undisclosed. The disposal is scheduled for late September 2026, and its impact on consolidated results is expected to be minimal.

Importance:
Page Updated: June 5, 2026
IR Disclosure Date: June 5, 2026

Key Figures

  • Disposal Assets: Land and buildings in Toyama City, Toyama Prefecture (Undisclosed)
  • Scheduled Disposal Date: Late September 2026
  • Disposal Price: Undisclosed

AI要約

Reason for Disposal

The Company has decided to dispose of fixed assets to effectively utilize management resources across Toyama Prefecture and improve asset efficiency. The assets to be disposed of are land and buildings in Toyama City, Toyama Prefecture, with the disposal price undisclosed. The disposal is scheduled for late September 2026. The tax implications related to the disposal and specific impact on future business strategies are currently undecided.

Future Outlook and Impact

The impact on consolidated results for the fiscal year ending March 2027 is expected to be minimal, with no significant changes to management policies. The disposal aims to improve asset efficiency and strengthen financial position while enhancing asset liquidity. Details of the disposal and the final amount will be disclosed later.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nishi Auto Tech Co., Ltd.

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