TOHO Chemical Industry Company Decides to Sell Investment Securities for Asset Optimization
TOKYO, Jun 25 (Pulse News Wire) – Toho Chemical Industry Company,limited (4409.T) announced today that it has decided to sell investment securities held by the company through a resolution made at the
TOKYO, Jun 25 (Pulse News Wire) – Toho Chemical Industry Company,limited (4409.T) announced today that it has decided to sell investment securities held by the company through a resolution made at the board meeting held on June 25. The sale involves one listed security and is expected to take place in July 2026.
The anticipated gain from the sale is approximately ¥600 million. The decision to proceed with the sale is aimed at reducing policy holdings and optimizing assets.
Regarding future outlook, the company anticipates recognizing the gains from the sale as special income during the second quarter of the fiscal year ending March 2027, which covers the period from July 1, 2026, to September 30, 2026. Once the gains are finalized, the company plans to disclose them promptly.
However, the company's forecast for the second quarter and full-year consolidated performance for the fiscal year ending March 2027 remains under review due to various factors currently being evaluated.