Source disclosure: March 06, 2026, 12:00 JST
Published by Pulse News Wire: March 06, 2026, 12:03 JST
HI-LEX CORPORATION [7279.T]
TOKYO, Mar 06 (Pulse News Wire) – HI-LEX Corporation (7279.T) reported a negative goodwill gain of ¥26.837 billion as special income for its fiscal 2026 first quarter ended March 31, 2026. The gain resulted from the acquisition of shares in Hi-Lex Act (formerly Mitsui Metal Act Kabushiki Kaisha), completed on November 04, 2025.
HI-LEX recognized the transaction as a deemed acquisition date of October 1, 2025, making Hi-Lex Act a consolidated subsidiary. This negative goodwill gain was incorporated into the company's previously disclosed earnings forecast for the six months ending September 30, 2026, and the full fiscal year 2026.
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