Akatsuki to record extraordinary profit from LIFE CREATE share sale
Akatsuki Corporation announced it will record an extraordinary profit of JPY 782 million in its consolidated and non-consolidated financial results for the fiscal year ending March 31, 2026. This profit arises from the sale of 953,800 shares of its investment in LIFE CREATE, a company recently approved for listing on the Tokyo Stock Exchange Growth Market. The sale price has been set at JPY 1,250 per share, resulting in a total sale amount of JPY 1,192.25 million. Following the sale, Akatsuki's ownership stake in LIFE CREATE will decrease from 14.8% (1,829,568 shares) to 6.9% (875,768 shares). The remaining stake is based on LIFE CREATE's 12,629,871 outstanding shares after the IPO's new share issuance. Akatsuki will promptly disclose any future changes. The sale is scheduled for April 24, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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