HAGOROMO FOODS CORPORATION [2831.T]
TOKYO, Apr 28 (Pulse News Wire) – Hagoromo Foods Corporation (2831.T) reported a significant investment securities sale gain resulting from its participation in a tender offer for shares of Itochu Food (2831.T). The sale was completed on April 28, 2026, leading to a realized gain of [NUM_0].
Details of the transaction include: - Reason for sale: Participation in a public tender offer initiated by FMDI Co., Ltd. from February 25, 2026 to April 10, 2026. - Completion of the tender offer on April 16, 2026, with all submitted shares exceeding the minimum threshold.
- Settlement finalized on April 28, 2026, marking the completion of the share sale. The company anticipates recognizing the investment securities sale gain as special income in its consolidated first quarter results for the fiscal year ending March 2027. Looking ahead, Hagoromo Foods plans to incorporate this special income into its forecast for the fiscal year ending March 2027, which will be disclosed alongside its preliminary earnings release for the fiscal year ending March 2026.
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