The company has decided to divest all shares of its consolidated subsidiary Raks Partners Co., Ltd. to BREXA Technology Co., Ltd. As a result of this share transfer, Raks Partners will be deconsolidated from the company's financial statements. The company expects to record a gain on sale of affiliated company shares of approximately 16.5 billion yen (consolidated) in the first quarter of fiscal year ending March 2027.
¥16.5bn
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Summary
The company has decided to divest all shares of its consolidated subsidiary Raks Partners Co., Ltd. to BREXA Technology Co., Ltd. As a result of this share transfer, Raks Partners will be deconsolidated from the company's financial statements. The company expects to record a gain on sale of affiliated company shares of approximately 16.5 billion yen (consolidated) in the first quarter of fiscal year ending March 2027.