TOKYO, May 08 (Pulse News Wire) – Hotman CO.,LTD. (3190.T) reported special gains and losses for its fiscal year ending March 31, 2026.
The company recorded a special gain of ¥148 million due to the sale of shares in Soft99 Corporation through an open tender offer initiated by ECM Master Fund SPV 3. Additionally, Hotman recognized a special loss of ¥282 million related to impairment charges on fixed assets. In detail, Hotman decided to participate in the public tender offer for Soft99 Corporation's shares after deliberation during a February 12 board meeting. Following the successful completion of the tender offer, the company sold its entire stake in Soft99 Corporation, resulting in a net gain of __NUM_0__.
Prior to the tender offer, Hotman held 50,000 shares of Soft99 Corporation, which was reduced to zero post-sale. Regarding asset impairments, Hotman conducted an assessment of the recoverability of its fixed assets and concluded that certain assets met the criteria for impairment under accounting standards. As a result, the company recorded a special loss of __NUM_1__ in its fourth quarter earnings statement. These special items have been reflected in Hotman’s preliminary consolidated results released today.
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