SHINWA WISE HOLDINGS CO.,LTD. [2437.T]
TOKYO, May 25 (Pulse News Wire) – Shinwa Wise Holdings CO.,LTD. (2437.T) reported strong results from its recent modern art and contemporary art auction held on May 23 at the Kanazawa Daigo Memorial Museum of Art.
The auction featured 202 items, with 20 pieces exceeding a total value of ¥10 million. Notably, two works by Raoul Dufy, "Lot.175 Yellow Console" and "Lot.176 Paris Landscape," fetched prices surpassing ¥100 million each. The auction saw active bidding around key artworks such as those by Pablo Picasso, Marc Chagall, and Maurice Utrillo. Overall, 182 out of 202 items sold, achieving a success rate of 90.1%.
Total sales, including commission fees, amounted to ¥1.095 billion, with commissions totaling ¥142.8 million. These sales will be reflected in the group's consolidated performance for the fiscal month ending May 2026. As of now, there are no changes to previously disclosed annual forecasts. Any further updates will be communicated promptly.
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