TOKYO, Jun 05 (Pulse News Wire) – Trade Works Co.,ltd (3997.T) reported that its board of directors decided on June 05 to sell all shares held in a capital business partnership firm. As a result, the company expects to record a special loss of ¥54.6 million due to the sale of investment securities in the second quarter of its fiscal year ending December 2026.
However, based on a separate joint development agreement, the company anticipates recording a special gain (donation income) related to securing necessary technology infrastructure and data assets for its insurance-related business without monetary payment during the same period. The sale of shares does not affect the ongoing cooperative relationship established through the business partnership. The company believes that converting the intended value from equity holdings to operational assets aligns better with its strategic goals for sustaining and developing its insurance-related operations.
Specific details on the amount and timing of the anticipated special gain will be disclosed once the asset transfers are completed and verified. Regarding the impact on performance forecasts, while the special loss and potential special gain are yet to be finalized, Trade Works does not anticipate requiring adjustments to its previously published fiscal year 2026 earnings forecast at this time. Any necessary revisions will be promptly communicated upon final determination of the donation income's specifics.
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