May 14, 2025
Company: Tsubakimoto Chain Co.
Representative: Takatoshi Kimura, President and Representative Director (Code No.: 6371, Prime Market of the TSE)
Inquiries: Takeshi Tamura, Manager, Corporate Planning Department TEL +81 (6) 6441‐0054
Notice Regarding Estimated Extraordinary Gain from Sale of Policy‐Held Shares
The Company has resolved at a meeting of its Board of Directors held today to sell a portion of its investment securities. As a result of this resolution, the Company expects to record extraordinary income in the fiscal year ending March 2026.
Securities to be sold
Listed securities held by the Company
Reasons for selling investment securities
The Company will continue to reduce its policy shareholdings as part of its measures to achieve management that takes into account capital costs and share prices, as described in "Actions to Implement Management that is Conscious of Cost of Capital and Stock Price" announced on May 14, 2024. This is part of those measures.
Scheduled date of sale of investment securities During fiscal year 2025
Profit on sale of securities (estimate) About JPY 4.7 billion
*Gains on sales of investment securities are estimated amounts calculated based on the current stock price of the securities and are subject to change.
Outlook
The gain on the sale of the investment securities is included in the consolidated earnings forecast for the fiscal year ending March 2026, as stated in the "Summary of Financial Results for the Fiscal Year Ended March 2025 [Japanese GAAP] (Consolidated)" announced today.