Kurogane Kosakusho Ltd. [7997.T]
TOKYO, May 12 (Pulse News Wire) – Kurogane Kosakusho Ltd. (7997.T) announced today that it has decided to sell part of its investment securities holdings.
The move is aimed at reducing and reviewing policy-held shares based on the Corporate Governance Code and strengthening the company's financial structure. The sale involves three listed securities held by the company and is expected to take place starting from May 13, 2026 and last approximately one month. The anticipated gain from the sale is around ¥83 million.
However, this figure is subject to future stock price movements and other uncertainties. In addition, the company stated that the projected gains from the sale have not yet been reflected in the consolidated performance forecast for the fiscal year ending November 2026, which was published on January 14, 2026. A review is currently underway, and any necessary adjustments to the forecast will be communicated promptly.
This decision underscores Kurogane Kosakusho’s commitment to enhancing governance and financial stability through strategic asset management.
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