TOKYO, Jun 26 (Pulse News Wire) – For Startups,inc. (7089.T) announced the partial sale of operating investment securities held by funds managed within its group.
The transaction is expected to result in approximately ¥48 million in consolidated revenue and about ¥43 million in total sales profit. Notably, this marks the company's first exit case in its venture capital operations. Due to differences in fiscal years between the company and the investment limited partnership involved, the revenue will be recognized during the current second quarter of the consolidated accounting period.
Previously, the company had recorded impairment losses on these operating investment securities in prior accounting periods. However, the per-share selling price in this recent sale exceeds the initial acquisition cost. Looking ahead, the impact on the company’s full-year consolidated performance for the fiscal year ending March 2027 is anticipated to be minor.
Any necessary adjustments to future earnings forecasts will be promptly disclosed.
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