Noritz Corporation
Notice Regarding Expected Recognition of Gain on Sale of Investment Securities (Extraordinary Income)
Noritz Corporation will sell part of its investment securities, expecting to record a gain on sale of approximately 2,600 million yen. The sale period is planned for October–December 2026, and the gain is expected to be recorded as extraordinary income in the consolidated financial statements for the fiscal year ending December 2026. There is currently no change to the full-year earnings forecast.
Key Figures
- Gain on Sale of Investment Securities: approx. 2,600 million yen
- Sale Period: October 2026–December 2026 (planned)
- To be recorded as extraordinary income in the full-year consolidated financial statements (planned)
AI要約
News Summary
Noritz Corporation announced a decision to sell part of its investment securities to improve asset efficiency by reducing policy holdings and to secure funds for growth investments. The gain on sale is expected to be approximately 2,600 million yen and will be recorded as extraordinary income in the consolidated financial statements for the fiscal year ending December 2026. There is no change to the full-year consolidated earnings forecast at the time of this announcement.
Future Impact and Outlook
The gain on sale is expected to be recorded as extraordinary income and will affect the financial results for the fiscal year ending December 2026. Specific stock names and the breakdown of sale amounts have not been disclosed. At present, there is stated to be no change to the full-year earnings forecast.
Noritz Corporation
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