TBS Holdings anticipates extraordinary gains from investment securities sale

Tokyo Broadcasting System Holdingsinc announced its Board of Directors has approved the sale of a portion of its investment securities, projecting extraordinary income (gain on sale of investment securities). The sales are anticipated to occur between April 25, 2025, and May 9, 2025. The move aims to utilize proceeds for growth strategy investments and align with the Corporate Governance Code by revising its policy on cross-shareholdings. The assets to be sold include four listed stocks held by two of the Company's wholly-owned subsidiaries. The expected gain from the sale is approximately JPY9.3 billion. A consolidated earnings forecast for the fiscal year ending March 31, 2026, reflecting the gain on sale of investment securities, is scheduled to be announced when the Company publishes its consolidated financial results for the fiscal year ended March 31, 2025.