Toyo Denki Seizo K.K. announces gain on investment securities sale

Toyo Denki Seizo K.K. (TSE: 6505) announced today that the sale of a portion of its cross-shareholdings resulted in a significant gain on investment securities. The sale, which took place between August 20, 2024, and May 28, 2025, involved four listed securities and one unlisted security. The company anticipates a gain of JPY281 million from the sale. This extraordinary income will be recognized in the fiscal year ending May 31, 2025 and has been factored into the full-year consolidated earnings forecast announced on April 11, 2025. The company stated that it will promptly notify investors of any further disclosures. The sale was undertaken to improve asset efficiency and strengthen the company's financial structure.