FilingReader Intelligence
Hakuhodo DY Holdings to change UNITED, Inc. to affiliate
May 29, 2025 at 12:02 PM UTC•By FilingReader AI
Hakuhodo DY Holdings Inc. (TSE:2433) announced its decision to reduce its stake in UNITED, Inc. (TSE Growth: 2497), leading to a change in UNITED's status from a specified subsidiary to an equity-method affiliate. The decision, reached at a Board of Directors meeting on May 28, 2025, involves the sale of 1,930,000 shares of UNITED's common stock by Hakuhodo DY ONE Inc., a consolidated subsidiary, for JPY 1,129,050,000.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:2433•Tokyo Stock Exchange
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