Kuroda Precision Industries to Report Special Gain From Securities Sale in FY27 Q2
TOKYO, Jul 29 (Pulse News Wire) – Kuroda Precision Industries Ltd. (7726.T) announced plans to sell part of its investment securities portfolio, resulting in anticipated special gains of ¥900 million during the second quarter of the fiscal year ending March 2027.
The decision was made at a board meeting held. The sale involves four listed securities and is expected to take place between late July and early August 2026. The company cited efforts to optimize asset holdings and strengthen its financial structure as reasons for the move.
In the upcoming fiscal year's second quarter, the proceeds from the sale are projected to be recognized as a special gain. However, the company noted that the final amount could fluctuate based on prevailing stock prices at the time of disposal. Additionally, Kuroda Precision stated that it is currently reviewing its overall performance forecast for the current fiscal year and will promptly disclose any necessary adjustments.
