Japan Asia Investment Co., Ltd.
Notice Regarding Recording of Extraordinary Loss (Loss on Sale of Investment Securities) Associated with Transfer of Equity-Method Affiliate Shares
Announced an expected extraordinary loss of approx. 33 hundred million yen. Full transfer of Miyazaki Taiyo Capital shares scheduled for November 10, 2026; transferee is Miyazaki Taiyo Capital. Continued verification of previously projected amounts under consolidated accounting standards.
Key Figures
- Extraordinary loss (Loss on sale of investment securities): approx. 33 hundred million yen
- Transfer date: 2026-11-10 (scheduled)
- Review of previously projected amounts under consolidated accounting standards: Fiscal year ending March 2027
AI要約
Overview
At a board resolution today, it was decided to transfer all shares of Miyazaki Taiyo Capital held by the Company. Accordingly, in the third quarter consolidated financial results for the fiscal year ending March 2027, the Company expects to record an extraordinary loss (loss on sale of investment securities) of approximately 33 hundred million yen at the time of the transfer. Both the execution date of the transfer agreement and the transfer date are expected to be November 10, 2026 (scheduled).
Background and Outlook
Miyazaki Taiyo Capital is an equity-method affiliate of the Company and engages in finance and consulting businesses. Due to the Group-wide reduction in venture investments, business ties have weakened; the transfer is being carried out to improve liquidity and reinvest funds. Previously projected amounts under consolidated accounting standards are currently being reviewed and will be disclosed once finalized.
Japan Asia Investment Co., Ltd.
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