Daiwa Co.,Ltd.

8247.T
Department Stores
2026/10/02 18:47 Updated
Market Cap: $12.6M (¥2.0B)
Stock Price: $2.24 (¥354)
Exchange Rate: 1 USD = ¥157.98

Notice of Completion of Transfer of Consolidated Subsidiary (Share Transfer) and Assignment of Claims

Completed transfer of shares and assignment of claims of consolidated subsidiary Kanazawa New Grand Hotel. This is part of restructuring to review the group's business portfolio and optimize allocation of management resources. A special loss of approximately 10 hundred million yen is expected in the consolidated results for the fiscal year ending February 2027.

Importance:
Page Updated: October 2, 2026
IR Disclosure Date: October 1, 2026

Key Figures

  • Net Sales: 1,236 million yen
  • Operating Income: 9 million yen
  • Ordinary Income: -28 million yen

AI要約

Review of Business Portfolio and Capital Structure

This notice reports the completion of the share transfer and assignment of claims related to consolidated subsidiary Kanazawa New Grand Hotel, as part of a restructuring to review the group's overall business portfolio and optimally allocate management resources. Going forward, the company aims to improve the solidity of its financial base and profitability, and anticipates a special loss of approximately 10 hundred million yen in the fiscal year ending February 2027.

Future Impact and Disclosures

As disclosed in the timely disclosure dated 2026-09-01, an expected special loss will occur; Kanazawa NGH's fiscal year-end is February. The details of future profit and loss are being examined and will be disclosed promptly once finalized. The group will continue reallocating management resources to accelerate improvements in financial soundness and profitability.

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

Daiwa Co.,Ltd.

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