FilingReader Intelligence
Kameda Seika boosts forecasts after subsidiary acquisition
June 27, 2025 at 12:05 PM UTC•By FilingReader AI
Kameda Seika announced it will record extraordinary income related to its acquisition of TH FOODS, INC. (THF), converting the equity method affiliate into a wholly-owned subsidiary. This strategic move has prompted a revision of the company's consolidated performance forecasts for the six months ending September 30, 2025, and the fiscal year ending March 31, 2026. A gain of JPY20.6 billion will be recorded due to this transaction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
(Progressive Disclosure) Notice Concerning Completion of Acquisition of Equity Method Affiliate (TH FOODS, INC.) (Making it a Wholly Owned Subsidiary)June 27, 2025 at 04:30 AM UTC
Notice regarding the recording of extraordinary income (gain on step acquisitions) and revisions to the consolidated financial results forecast for the second quarter (interim period) of the fiscal year ending March 2026 and the full-year financial results forecastJune 27, 2025 at 04:30 AM UTC
TSE:2220•Tokyo Stock Exchange
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