FilingReader Intelligence

Nankai Electric Railway gains 18.2bn yen from subsidiary merger

July 29, 2025 at 05:19 AM UTCBy FilingReader AI

Nankai Electric Railway completed an absorption-type merger of wholly-owned subsidiary Semboku Rapid Railway on April 1, 2025, resulting in extraordinary income of 18.154 billion yen.

The gain will be recorded in non-consolidated results for the three months ended June 30, 2025, but eliminated from consolidated financial results.

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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